A number of other equities research analysts have also recently issued reports on the stock. BidaskClub raised shares of Altra Industrial Motion from a strong sell rating to a sell rating in a report on Wednesday, January 9th. Zacks Investment Research raised shares of Altra Industrial Motion from a strong sell rating to a hold rating in a report on Monday, December 31st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Altra Industrial Motion has an average rating of Hold and a consensus price target of $49.25.
Shares of AIMC stock opened at $34.37 on Friday. The company has a current ratio of 2.09, a quick ratio of 1.40 and a debt-to-equity ratio of 0.91. Altra Industrial Motion has a 1 year low of $23.52 and a 1 year high of $46.55. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 12.02 and a beta of 1.86.
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Monday, March 18th were issued a $0.17 dividend. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.68 annualized dividend and a dividend yield of 1.98%. Altra Industrial Motion’s payout ratio is currently 23.78%.
Altra Industrial Motion Company Profile
Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in motion related applications, and high-volume manufacturing and non-manufacturing processes worldwide. It operates in two segments, Power Transmission Technologies and Automation & Specialty.
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