Why Is Altra Industrial (AIMC) Stock Up 48% Today?
- Altra Industrial Motion (NASDAQ: AIMC ) stock is taking off on Thursday after announcing an acquisition deal with Regal Rexnord. That deal will see Regal Rexnord acquiring all outstanding shares of AIMC stock.
- 10/27/2022
|
Altra Industrial Motion Corp. to Host Conference Call on Third Quarter 2022 Financial Results
- BRAINTREE, Mass., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the third quarter of 2022 before the market opens on Thursday, November 3, 2022.
- 10/21/2022
|
Reasons Why You Should Retain Altra Industrial (AIMC) for Now
- Altra Industrial (AIMC) is gaining from progress across its end markets, robust orders, a healthy backlog level, buyouts and impressive shareholder-friendly policies.
- 09/22/2022
|
Reasons Why You Should Avoid Altra Industrial (AIMC) Stock Now
- Altra Industrial (AIMC) experiences inflation in raw material costs coupled with supply-chain constraints. High debt level is also a cause for concern.
- 08/19/2022
|
Altra Industrial (AIMC) Q2 Earnings & Revenues Beat Estimates
- Altra Industrial's (AIMC) Q2 earnings results reflect gains from a solid performance in its Power Transmission Technologies segment.
- 08/01/2022
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q2 2022 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (NASDAQ:AIMC ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Ryan Flaim - Sharon Merrill Associates Carl Christenson - CEO Todd Patriacca - CFO Conference Call Participants Michael Halloran - Robert W. Baird Jeffrey Hammond - KeyBanc Capital Markets Operator Thank you for attending today's Altra Industrial Motion Second Quarter 2022 Results Conference Call.
- 07/30/2022
|
Altra Industrial Motion (AIMC) Beats Q2 Earnings and Revenue Estimates
- Altra (AIMC) delivered earnings and revenue surprises of 1.20% and 3.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2022
|
Altra Industrial: Beneficial Outlook, And The Stock Appears Cheap
- Altra Industrial Motion produces and markets electromechanical power transmission motion control products. I believe Altra will be able to improve its EBITDA margin figures, thanks to lean manufacturing techniques and strategic pricing initiatives.
- 07/18/2022
|
Strength Seen in Altra (AIMC): Can Its 9.3% Jump Turn into More Strength?
- Altra (AIMC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 06/27/2022
|
Reasons to Avoid Betting on Altra Industrial (AIMC) Stock Now
- Altra Industrial (AIMC) is experiencing weakness across its aerospace and defense, and the renewable energy end markets alongside bearing high costs and operating expenses.
- 05/23/2022
|
Altra Industrial (AIMC) Q1 Earnings Beat, 2022 View Solid
- Altra Industrial (AIMC) Q1 earnings results reflect the impacts of supply-chain restrictions, high costs and expenses plus effective pricing.
- 05/02/2022
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q1 2022 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (NASDAQ:AIMC ) Q1 2022 Results Conference Call April 28, 2022 10:00 AM ET Company Participants Carl Christenson - CEO Todd Patriacca - CFO Conference Call Participants David Tarantino - KeyBanc Capital Markets Jake Jarnigo - Baird John Franzreb - Sidoti Ryan Flaim - Sharon Merrill Operator Ladies and gentlemen, good morning and thank you for attending today's Altra Industrial Motion's First Quarter 2022 Earnings Call. My name is Sam, and I will be the moderator for today's call.
- 04/30/2022
|
Altra Industrial Motion Corp. to Present at Oppenheimer 17th Annual Industrial Growth Conference
- BRAINTREE, Mass., April 21, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at the Oppenheimer 17th Annual Industrial Growth Conference on Tuesday, May 3rd at 11:15 a.m. ET.
- 04/21/2022
|
Altra Industrial (AIMC) Disposes of Vehicle Systems Business
- The divestment of the Jacobs Vehicle Systems (JVS) business fetches Altra Industrial (AIMC) $325 million worth of cash. The sell-off will help AIMC concentrate more on its highly engineered products.
- 04/18/2022
|
Altra Industrial Motion Corp. to Host Conference Call on First Quarter 2022 Financial Results
- BRAINTREE, Mass., April 08, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the first quarter of 2022 before the market opens on Thursday, April 28, 2022.
- 04/08/2022
|
Altra Industrial Motion Hit Hard By Adverse End-Market Exposures And Near-Term Margin Weakness
- Altra shares have significantly underperformed, and I believe the company's exposure to heavy vehicles, wind power, and short-cycle markets may explain some of the weakness.
- 03/04/2022
|
Altra Industrial Motion Corp. to Host and Webcast 2022 Investor Day Live on March 8, 2022
- BRAINTREE, Mass., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced it will host and webcast its 2022 Investor Day beginning at 10:00 a.m. ET on Tuesday, March 8, 2022. The event should conclude at approximately 12:30 p.m. ET.
- 02/17/2022
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q4 2021 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q4 2021 Results - Earnings Call Transcript
- 02/16/2022
|
Altra Industrial Motion (AIMC) Misses Q4 Earnings Estimates
- Altra (AIMC) delivered earnings and revenue surprises of -10.67% and 1.80%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/16/2022
|
Altra Industrial Motion Corp. to Host Conference Call on Fourth Quarter 2021 Financial Results
- BRAINTREE, Mass., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the fourth quarter of 2021 before the market opens on Wednesday, February 16, 2022.
- 02/09/2022
|
Cummins To Acquire Jacobs Vehicle Systems Business From Altra Industrial For $325M
- Cummins Inc. (NYSE: CMI) has agreed to acquire Jacobs Vehicle Systems, a subsidiary of Altra Industrial Motion Corp (NASDAQ: AIMC), for $325 million. Founded in 1961, Jacobs Vehicle Systems has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for the commercial vehicle industry.
- 02/09/2022
|
Altra Industrial (AIMC) Buys Nook, Boosts Product Offerings
- Altra Industrial's (AIMC) acquisition of Nook Industries can allow it to expand its linear motion control product offerings and expand its presence in factory automation, medical and defense space.
- 01/04/2022
|
Altra Acquires Nook Industries For Undisclosed Sum
- Altra Industrial Motion Corp (NASDAQ: AIMC) has acquired Nook Industries LLC for undisclosed financial terms. Founded in 1969 by Joseph H.
- 01/03/2022
|
Altra Industrial Motion Corp. to Present at Wolfe Research Industrial Growth & Technology Conference
- BRAINTREE, Mass., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at the Wolfe Research Industrial Growth & Technology Conference on Monday, November 15th at 10:15 a.m. ET.
- 11/11/2021
|
Altra Industrial Motion Corp. to Present at Baird 2021 Global Industrial Conference
- BRAINTREE, Mass., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at the Baird 2021 Global Industrial Conference on Tuesday, November 9th at 3:10 p.m. ET.
- 11/05/2021
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q3 2021 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q3 2021 Results - Earnings Call Transcript
- 10/22/2021
|
Altra Industrial Motion (AIMC) Q3 Earnings and Revenues Lag Estimates
- Altra (AIMC) delivered earnings and revenue surprises of -2.44% and -0.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/22/2021
|
Recap: Altra Industrial Motion Q3 Earnings
- Altra Industrial Motion (NASDAQ:AIMC) reported its Q3 earnings results on Friday, October 22, 2021 at 08:00 AM. Here's what investors need to know about the announcement.
- 10/22/2021
|
Altra Industrial Motion Misses Q3 Estimates, Cuts FY21 Outlook Citing Supply Chain Challenges
- Altra Industrial Motion Corp (NASDAQ: AIMC) reported third-quarter FY21 sales growth of 7.2% year-over-year to $469.3 million, +5.8% on an organic basis, missing the consensus of $470.98 million. Adjusted EPS decreased to $0.80 from $0.87 in 3Q20, missing the consensus of $0.81.
- 10/22/2021
|
Analysts Estimate Altra Industrial Motion (AIMC) to Report a Decline in Earnings: What to Look Out for
- Altra (AIMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/15/2021
|
Backyard companies have room to run, says BMO managing director
- Joel Tiss, BMO Capital Markets managing director, joins 'Power Lunch' to discuss how companies like Deere and Middleby have room to run.
- 10/14/2021
|
Altra Industrial Motion Corp. to Host Conference Call on Third Quarter 2021 Financial Results
- BRAINTREE, Mass., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the third quarter of 2021 before the market opens on Friday, October 22, 2021.
- 10/08/2021
|
AIMC vs. IEX: Which Stock Is the Better Value Option?
- AIMC vs. IEX: Which Stock Is the Better Value Option?
- 09/06/2021
|
Altra Industrial Motion Corp Ranked Among Today's Top Buys Amid Concerns Of The Fed Ending The Economic Stimulus
- The Dow Jones ticked down 14 points this Friday morning, the S&P 500 was flat, and the Nasdaq rose about 0.2%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
- 08/20/2021
|
5 Stocks to Buy as Industrial Production Continues to Expand
- People are spending more on goods than services during the pandemic, driving industrial output and helping stocks like Kadant (KAI), Altra Industrial Motion (AIMC) and Dover Corporation (DOV).
- 08/18/2021
|
Here's Why it is Worth Investing in Altra Industrial (AIMC) Now
- Altra Industrial (AIMC) is poised to benefit from strength across end markets, healthy liquidity position and shareholder-friendly policies.
- 08/16/2021
|
Altra Industrial Motion Not Just A Play On Recovery Themes
- Altra Industrial Motion Not Just A Play On Recovery Themes
- 08/11/2021
|
5 Stocks Set to Gain as Factory Orders Continue to Rise
- Manufacturing activity has been on the rise ever since the economy reopened which is helping stocks like DOV, AIMC, AZZ, SCHN and AIT
- 08/04/2021
|
AIMC vs. FLS: Which Stock Should Value Investors Buy Now?
- AIMC vs. FLS: Which Stock Is the Better Value Option?
- 08/03/2021
|
Rexnord Leveraging Strong Retrofit And Recovery
- Rexnord Leveraging Strong Retrofit And Recovery
- 08/03/2021
|
Durable Goods Orders Increase in June: 4 Stocks to Buy
- Orders for long-lasting durable goods has increased in 13 of the past 14 months thus helping stocks like Applied Industrial Technologies (AIT) and Deere & Company (DE).
- 07/28/2021
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q2 2021 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q2 2021 Results - Earnings Call Transcript
- 07/23/2021
|
Altra Industrial Motion (AIMC) Q2 Earnings and Revenues Top Estimates
- Altra (AIMC) delivered earnings and revenue surprises of 8.54% and 4.41%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/23/2021
|
Altra Industrial Motion: Q2 Earnings Insights
- Shares of Altra Industrial Motion (NASDAQ:AIMC) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 48.33% year over year to $0.89, which beat the estimate of $0.81.
- 07/23/2021
|
Altra Reports Second Quarter 2021 Results
- Broad-Based Demand Strength Drives Record Quarterly Sales
- 07/23/2021
|
Altra Industrial Motion (AIMC) Reports Next Week: Wall Street Expects Earnings Growth
- Altra (AIMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/16/2021
|
AIMC vs. SOTK: Which Stock Is the Better Value Option?
- AIMC vs. SOTK: Which Stock Is the Better Value Option?
- 07/16/2021
|
Altra Industrial Motion Corp. to Host Conference Call on Second Quarter 2021 Financial Results
- BRAINTREE, Mass., July 09, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the second quarter of 2021 before the market opens on Friday, July 23, 2021.
- 07/09/2021
|
Altra Industrial (AIMC) Gains 17% in 3 Months: What's Driving It?
- Altra Industrial (AIMC), with a 17% rise in shares in the past three months, gains from strengthening end-market demand, business diversification and rewards to shareholders.
- 06/23/2021
|
AIMC or DOV: Which Is the Better Value Stock Right Now?
- AIMC vs. DOV: Which Stock Is the Better Value Option?
- 05/04/2021
|
Altra Industrial Motion (AIMC) Moves 6.5% Higher: Will This Strength Last?
- Altra Industrial Motion (AIMC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 05/04/2021
|
Altra Industrial (AIMC) Tops on Q1 Earnings & Sales, Ups View
- Altra Industrial's (AIMC) Q1 earnings reflect benefits from improved business in some end-markets and better margin generation. It hikes 2021 projections as well as the dividend rate.
- 05/03/2021
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q1 2021 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q1 2021 Results - Earnings Call Transcript
- 05/01/2021
|
Altra Industrial Motion Corp. Announces Second Quarter 2021 Dividend
- BRAINTREE, Mass., April 27, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.08 per share for the second quarter of 2021. The second quarter 2021 dividend is the thirty-seventh consecutive dividend in the Company's history. The dividend will be paid on July 2, 2021 to shareholders of record as of the close of business on June 18, 2021. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing determination that the declaration of dividends is in the best interests of Altra's shareholders and is in compliance with all laws and agreements of Altra applicable to the declaration and payment of cash dividends. Future dividends may be further adjusted at the Board's discretion based on market conditions and capital availability.
- 04/27/2021
|
Altra Industrial Motion Corp. to Present at The Oppenheimer 16th Annual Industrial Growth Virtual Conference
- BRAINTREE, Mass., April 23, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at The Oppenheimer 16th Annual Industrial Growth Virtual Conference on Tuesday, May 4th at 3:00 p.m. ET.
- 04/23/2021
|
Altra Industrial Motion Corp. to Host Conference Call on First Quarter 2021 Financial Results
- BRAINTREE, Mass., April 12, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the first quarter of 2021 before the market opens on Thursday, April 29, 2021.
- 04/12/2021
|
Reasons to Avoid Investing in Altra Industrial (AIMC) Stock Now
- Altra Industrial (AIMC) suffers from challenges in end markets like metals, mining, oil & gas, and commercial aerospace. Also, higher expenses and international operation-related risks are concerning.
- 04/06/2021
|
Altra Industrial Motion Corp. to Present at Sidoti Spring 2021 Virtual Conference
- BRAINTREE, Mass., March 17, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at the Sidoti Spring 2021 Virtual Conference on Wednesday, March 24 at 10:45 a.m. ET.
- 03/17/2021
|
Why Is Altra (AIMC) Up 12.7% Since Last Earnings Report?
- Altra (AIMC) reported earnings 30 days ago. What's next for the stock?
- 03/14/2021
|
Altra Industrial (AIMC) Tops Q4 Earnings & Revenue Estimates
- Altra Industrial's (AIMC) fourth-quarter 2020 sales increase 2.6% year over year driven by healthy demand in wind and Class 8 truck markets in China.
- 02/15/2021
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q4 2020 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q4 2020 Results - Earnings Call Transcript
- 02/12/2021
|
Altra Industrial Motion (AIMC) Surpasses Q4 Earnings and Revenue Estimates
- Altra (AIMC) delivered earnings and revenue surprises of 8.57% and 4.92%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/12/2021
|
Altra Reports Fourth-Quarter 2020 Results
|
Earnings Preview: Altra Industrial Motion
- Altra Industrial Motion (NASDAQ:AIMC) announces its next round of earnings this Friday, February 12. Here is Benzinga's everything-that-matters guide for this Friday's Q4 earnings announcement.
- 02/11/2021
|
Why Altra Industrial (AIMC) Might Surprise This Earnings Season
- Altra Industrial (AIMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/11/2021
|
Altra Industrial Motion Corp. Announces First Quarter 2021 Dividend
- BRAINTREE, Mass., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.06 per share for the first quarter of 2021. The first quarter 2021 dividend is the thirty-sixth consecutive dividend in the Company's history. The dividend will be paid on April 2, 2021 to shareholders of record as of the close of business on March 18, 2021. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing determination that the declaration of dividends is in the best interests of Altra's shareholders and is in compliance with all laws and agreements of Altra applicable to the declaration and payment of cash dividends. Future dividends may be further adjusted at the Board's discretion based on market conditions and capital availability.
- 02/10/2021
|
Altra Industrial Motion (AIMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Altra (AIMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/05/2021
|
5 Industrial Stocks Set to Top Estimates This Earnings Season
- Ramp up of production level and strong growth in domestic orders are expected to get reflected in majority of industrial stocks' quarterly results. The impacts of the coronavirus outbreak will be a drag.
- 02/02/2021
|
Altra Industrial Motion Corp. to Host Conference Call on Fourth Quarter 2020 Financial Results
- BRAINTREE, Mass., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the fourth quarter of 2020 before the market opens on Friday, February 12, 2021.
- 01/29/2021
|
AIMC vs. PH: Which Stock Is the Better Value Option?
- AIMC vs. PH: Which Stock Is the Better Value Option?
- 01/28/2021
|
Top 5 Industrial Stocks for Next Year That Have Surged in 2020
- We have narrowed down our search to five industrial stocks with strong growth potential for 2021. These are DE, RBC, GGG, PKG, AIMC.
- 12/16/2020
|
Why Is Altra (AIMC) Up 33% Since Last Earnings Report?
- Altra (AIMC) reported earnings 30 days ago. What's next for the stock?
- 11/22/2020
|
Altra Industrial Motion Corp. to Present at Baird's Global Industrials Conference
- BRAINTREE, Mass., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp . (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that management will be presenting at the Baird Global Industrials Conference on Thursday, November 12, 2020 at 11:25 a.m. EDT.
- 10/28/2020
|
Iron Castings Market- Roadmap for Recovery from COVID-19 | The Growth In Automobile Segment to Boost the Market Growth | Technavio
- The Global Iron Castings Market will grow by 40.28 mn MT during 2020-2024
- 09/30/2020
|
Brake with Tradition: Introducing Goodyear Brakes – Premium Quality Brake Bundles, Calipers, Rotors and Brake Pads
- Goodyear Brakes has launched a full line of brake systems, available at www.GoodyearBrakes.com, all backed by a national warranty and trusted brand.
- 09/18/2020
|
EnPro (NPO) Enters Into Divestment Deal With Hendrickson
- EnPro's (NPO) sale of the STEMCO Motor Wheel brake drum and Crewson brake adjuster brand assets will enable it to focus more on its core businesses.
- 08/17/2020
|
Applied Industrial (AIT) Q4 Earnings Top Estimates, Sales Lag
- Applied Industrial's (AIT) Q4 earnings beat estimates, while declining year over year due to the adverse impacts of the pandemic on end-market demand and a fall in margins.
- 08/13/2020
|
AIMC vs. PH: Which Stock Is the Better Value Option?
- AIMC vs. PH: Which Stock Is the Better Value Option?
- 08/12/2020
|
Should Value Investors Buy Altra Industrial Motion (AIMC) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/10/2020
|
The Zacks Analyst Blog Highlights: Chart Industries, Ultra Clean Holdings, Altra Industrial Motion, Graco and Tennant Company
- The Zacks Analyst Blog Highlights: Chart Industries, Ultra Clean Holdings, Altra Industrial Motion, Graco and Tennant Company
- 08/05/2020
|
Altra Industrial Motion (NASDAQ:AIMC) Raised to Buy at BidaskClub
- BidaskClub upgraded shares of Altra Industrial Motion (NASDAQ:AIMC) from a hold rating to a buy rating in a report issued on Friday morning, BidAskClub reports. AIMC has been the subject of a number of other reports. Zacks Investment Research raised Altra Industrial Motion from a sell rating to a hold rating and set a $35.00 […]
- 08/04/2020
|
COVID-19 Impact & Recovery Analysis | Coreless DC Motors Market in India (2020-2024) | Need to Reduce Size of Machine Tools to Boost the Market Growth | Technavio
- The Coreless DC Motors Market in India will grow by $ 415.59 th during 2020-2024
- 08/03/2020
|
Altra Industrial's Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Altra Industrial Motion.
- 07/31/2020
|
Altra (AIMC) Moves to Strong Buy: Rationale Behind the Upgrade
- Altra (AIMC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 1 (Strong Buy).
- 07/28/2020
|
AIMC vs. IR: Which Stock Should Value Investors Buy Now?
- AIMC vs. IR: Which Stock Is the Better Value Option?
- 07/27/2020
|
Company News for Jul 27, 2020
- Companies in the news are: SLB, EQNR, NEP, AIMC
- 07/27/2020
|
Altra Industrial (AIMC) Beats on Q2 Earnings, Raises View
- Altra Industrial's (AIMC) second-quarter results surpass estimates but declines year over year on weakness in multiple end markets, offset by cost reduction. The company increases projections for 2020.
- 07/27/2020
|
Altra Industrial Motion (NASDAQ:AIMC) Updates FY 2020
Pre-Market Earnings Guidance
- Altra Industrial Motion (NASDAQ:AIMC) issued an update on its FY 2020 Pre-Market earnings guidance on Friday morning. The company provided earnings per share guidance of 2.05-2.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.84. The company issued revenue guidance of $1.58-1.64 billion, compared to the consensus revenue estimate […]
- 07/27/2020
|
Altra Industrial Motion (NASDAQ:AIMC) Announces Earnings Results
- Altra Industrial Motion (NASDAQ:AIMC) announced its quarterly earnings data on Friday. The industrial products company reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.26, MarketWatch Earnings reports. The business had revenue of $400.80 million for the quarter, compared to analysts’ expectations of $367.98 million. Altra Industrial Motion […]
- 07/27/2020
|
Altra Industrial Motion (NASDAQ:AIMC) Price Target Raised to $42.00 at Oppenheimer
- Altra Industrial Motion (NASDAQ:AIMC) had its price target raised by equities researchers at Oppenheimer from $36.00 to $42.00 in a note issued to investors on Monday, The Fly reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Oppenheimer’s price target would indicate a potential upside of 21.56% from the stock’s […]
- 07/27/2020
|
Altra Industrial Motion Corp (AIMC) Q2 2020 Earnings Call Transcript
- Image source: The Motley Fool. Altra Industrial Motion Corp (NASDAQ: AIMC)Q2 2020 Earnings CallJul 24, 2020, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by, and welcome to Altra Industrial Motion's Second Quarter 2020 Earnings Call.
- 07/24/2020
|
Edited Transcript of AIMC earnings conference call or presentation 24-Jul-20 2:00pm GMT
- Q2 2020 Altra Industrial Motion Corp Earnings Call
- 07/24/2020
|
Altra Industrial Motion (AIMC) is a Great Momentum Stock: Should You Buy?
- Does Altra Industrial Motion (AIMC) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 07/24/2020
|
Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q2 2020 Results - Earnings Call Transcript
- Altra Industrial Motion Corp. (NASDAQ:AIMC) Q2 2020 Earnings Conference Call July 24, 2020 10:00 A.M.
- 07/24/2020
|
Altra Industrial Motion (AIMC) Tops Q2 Earnings and Revenue Estimates
- Altra (AIMC) delivered earnings and revenue surprises of 76.47% and 6.71%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/24/2020
|
Recap: Altra Industrial Motion Q2 Earnings
- Shares of Altra Industrial Motion (NASDAQ:AIMC) remained unaffected after the company reported Q2 results.Quarterly Results Earnings per share decreased 15.49% over the past year to $0.60, which beat the estimate of $0.31.Revenue of $400,800,000 declined by 14.08% year over year, which beat the estimate of $365,180,000.Guidance The upcoming fiscal year's EPS expected to be between $2.05 and $2.30.FY20 revenue expected between $1,580,000,000 and $1,640,000,000.How To Listen To The Conference Call Date: Jul 24, 2020View more earnings on AIMCTime: 10:00 AMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.altramotion.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2400450&sessionid=1&key=8CF1A6CCD14DB9A9B2618EB54F85445A®Tag=&sourcepage=registerTechnicals 52-week high: $38.4352-week low: $12.00Price action over last quarter: Up 33.54%Company Overview Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and markets mechanical power transmission components. The company's reportable segments are Power Transmission Technologies which includes Couplings, Clutches and Brakes, Electromagnetic Clutches and Brakes, and Gearings; and Automation and Specialty segment consist of Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems. It generates a majority of its revenue from the Power Transmission Technologies segment.See more from Benzinga * Earnings Scheduled For July 24, 2020 * Benzinga's Top Upgrades, Downgrades For July 16, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/24/2020
|
Altra Reports Second-Quarter 2020 Results
- Q2 Financial Performance Exceeds Sales and Profitability Expectations Proactive Cost Management Supports Strong Operating Cash Flow Reduced Debt by $24 Million; Repaid 100% of Revolving Credit LineRaises 2020 Guidance BRAINTREE, Mass., July 24, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results for the second-quarter ended June 30, 2020.Q2 Financial Highlights * Second-quarter 2020 net sales were $400.8 million compared with $466.5 million in the second-quarter of 2019. Second-quarter 2020 organic sales were down 12.5% compared with the second-quarter of 2019. Excluding the impact of foreign currency translation, Power Transmission Technologies (PTT) segment sales were down 14.9% and Automation & Specialty (A&S) segment sales were down 10.3% compared with the prior year.* * For the second-quarter of 2020, the Company reported net income of $21.7 million, or $0.34 per diluted share, which compares with net income of $29.0 million, or $0.45 per diluted share, in the second-quarter of 2019. * Non-GAAP Net Income in the second-quarter of 2020 was $38.6 million, or $0.60 per diluted share. This is compared with Non-GAAP Net Income of $45.6 million, or $0.71 per diluted share, in the second-quarter of 2019.* * Non-GAAP Adjusted EBITDA in the second-quarter of 2020 was $88.9 million, or 22.2% of net sales, compared with $95.5 million, or 20.5% of net sales, in the second-quarter of 2019.* * Operating income margin in the second-quarter of 2020 was 13.0%, compared with operating income margin of 12.2% in the second-quarter of 2019. Non-GAAP Operating Income Margin in the second-quarter of 2020 was 17.8%, compared with 16.9% in the second quarter of 2019.* * Cash flow from operations for the second-quarter of 2020 was $38.8 million, compared with cash flow from operations of $56.8 million in the second-quarter of 2019. Non-GAAP Free Cash Flow was $29.7 million compared with Non-GAAP Free Cash Flow of $46.7 million in the second-quarter of 2019. Non-GAAP Adjusted Free Cash Flow, which excludes the impact of the interest rate swap termination payment was $64.4 million in the second-quarter of 2020.* * Paid down $24.0 million on the Company’s outstanding term loan in Q2 and ended the quarter with leverage of 3.8x total net debt to LTM non-GAAP adjusted EBITDA on an unaudited basis. At the end of the second-quarter, Altra’s cash balance and availability under the revolving credit facility totaled approximately $514.9 million.*COVID-19 Impact and Response Prioritizing Employee Safety Altra continues to manage through the COVID-19 pandemic with the guiding principle of safeguarding its employees, customers and shareholders. The Company is maintaining the protocols developed by its Pandemic Response Team and following guidance from national, state and local governmental and health authorities.Ensuring Business Continuity The Company’s Business Continuity Task Force was highly successful in ensuring continuity of supply for its customers and reopening manufacturing facilities impacted by the pandemic. During the second-quarter, Altra experienced minimal supply chain disruption and all material manufacturing facilities continued to be operational.Effective Cost Management Altra continued to take aggressive actions to reduce costs to protect the Company’s balance sheet and strengthen its financial flexibility. These included furloughs, merit increase suspensions, executive wage rollbacks, discretionary spending reductions, corporate travel suspension, and service provider and other expense reductions. In addition, the Company benefited from lower U.S. healthcare expenses during the second-quarter on a year-over-year basis as a result of a significant decline in preventative and other non-emergency medical care for employees. U.S. healthcare expenses are anticipated to return to historical levels as employees resume normal levels of medical care, and the Company does not expect to see the same level of benefit in the second half of the year.Management Comments“Altra’s second-quarter execution was outstanding as we exceeded our expectations for both revenue and profitability and demonstrated our ability to perform well in a downturn,” said Carl Christenson, Altra’s Chairman and Chief Executive Officer. “The broad diversity of our end markets as a result of the merger has clearly helped mitigate the financial impact of the current economic crisis. Sales were higher than expected due to the outperformance of select markets – including the Class 8 truck and wind turbine markets in China – and better-than-anticipated overall demand during a tough macro-economic environment. Our aggressive actions to reduce costs led to the excellent bottom-line performance as well as strong cash flow generation and debt reduction.“I am beyond proud of the Altra team around the globe as they continue to strive to keep fellow employees healthy by vigilantly maintaining safety protocols, while at the same time sustaining business continuity and positioning Altra for success in the post-pandemic world,” said Christenson. “We expect that certain of our markets will benefit as we move beyond COVID-19, such as factory automation, robotics, medical equipment and food processing.“While visibility in the second half of the year remains limited due to the uncertainty around COVID-19, we believe we are well positioned to deliver on our new guidance assuming that we maintain current order rates. Against a challenging backdrop, we have demonstrated the incredible resilience of our business model and our team’s ability to take actions very quickly to maintain good cash flow and continue to reduce debt during a downturn. We are controlling what we can control in the short-term while protecting the necessary resources to drive growth and thrive as a premier industrial company for the long term when the global economy recovers,” concluded Christenson.Business OutlookWhile it is difficult to predict the severity and duration of the pandemic, Altra is updating its guidance to reflect management’s best estimate and practical assessment of the financial impact of COVID-19 to the Company’s business at this time. The guidance assumes that order levels remain steady. Management is closely monitoring the situation and is prepared to implement further cost-reduction measures should topline demand decelerate. Altra is updating guidance for full year 2020 as follows: * Full-year 2020 sales in the range of $1,580 million to $1,640 million. * GAAP diluted EPS in the range of a loss of $1.16 to a loss of $0.94. * Non-GAAP diluted EPS in the range of $2.05 to $2.30.* * Non-GAAP adjusted EBITDA in the range of $305.0 million to $330.0 million.* * Tax rate for the full year of approximately 21% to 23% before discrete items, capital expenditures in the range of $40 to $45 million, and depreciation and amortization in the range of $124 to $127 million. * Non-GAAP Adjusted Free cash flow in the range of $160 million to $200 million.*Reconciliations of Non-GAAP Disclosures (Amounts in Millions of Dollars, except per share information)*Reconciliation of Non-GAAP Net Income: Quarter Ended June 30, Year to Date Ended June 30, 2020 2019 2020 2019 Net (loss)/income$21.7 $29.0 $(95.0) $64.2 Restructuring costs$1.5 $3.2 $3.1 $5.5 Acquisition related stock compensation expense 0.5 0.8 1.0 1.9 Acquisition related amortization expense 17.3 17.6 34.8 35.4 Acquisition related expenses — 0.2 — 0.7 Non-cash amortization of interest rate swap expense 2.2 — 2.2 — Impairment of intangible assets - trademarks — — 8.4 — Cross currency interest rate swap settlement fee — — 0.9 — Tax impact of above adjustments (4.6) (5.2) (10.9) (10.4) 2019 tax benefit due to income tax rate change — — (2.8) — Impairment of intangible assets - goodwill — — 139.1 — Non-GAAP net income*$38.6 $45.6 $80.8 $97.3 Non-GAAP diluted earnings per share*$0.60 $0.71 $1.25 $1.51 *Reconciliation of Non-GAAP Free Cash Flow and Non-GAAP Adjusted Free Cash Flow Quarter Ended June 30, Year to Date Ended June 30, 2020 2019 2020 2019 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Net cash flows from operating activities$38.8 $56.8 $73.7 $96.1 Purchase of property, plant and equipment$(9.1) $(10.1) (17.3) $(24.1) Non-GAAP Free cash flow*$29.7 $46.7 $56.4 $72.0 Payment for interest rate swap settlement 34.7 — 34.7 — Non-GAAP Adjusted free cash flow*$64.4 $46.7 $91.1 $72.0 *Reconciliation of Net Debt June 30, 2020 December 31, 2019 Debt$1,572.9 $1,604.0 Cash (220.1) (167.3) Net debt*$1,352.8 $1,436.7 *Reconciliation of Non-GAAP Income From Operations: Quarter Ended June 30, Year to Date Ended June 30, 2020 2019 2020 2019 (Loss)/Income from operations$52.1 $57.1 $(45.9) $123.5 Income from operations as a percent of net sales 13.0% 12.2% -5.5% 13.0% Restructuring costs$1.5 $3.2 $3.1 $5.5 Acquisition related stock compensation expense 0.5 0.8 1.0 1.9 Acquisition related amortization expense 17.3 17.6 34.8 35.4 Impairment of goodwill and intangible asset — — 147.5 — Acquisition related expenses — 0.2 — 0.7 Non-GAAP income from operations*$71.4 $78.9 $140.5 $167.0 Non-GAAP Income from operations as a percent of net sales 17.8% 16.9% 16.8% 17.
- 07/24/2020
|
Earnings Scheduled For July 24, 2020
- Companies Reporting Before The Bell • Verizon Communications Inc. (NYSE:VZ) is expected to report quarterly earnings at $1.15 per share on revenue of $29.76 billion.• Schlumberger Inc. (NYSE:SLB) is estimated to report quarterly earnings at $0.01 per share on revenue of $5.40 billion.• Honeywell International Inc. (NYSE:HON) is estimated to report quarterly earnings at $1.20 per share on revenue of $7.30 billion.• American Express Inc. (NYSE:AXP) is estimated to report quarterly earnings at $0.04 per share on revenue of $8.19 billion.• NextEra Energy Inc. (NYSE:NEE) is expected to report quarterly earnings at $2.49 per share on revenue of $5.25 billion.• Altra Industrial Motion Inc. (NASDAQ:AIMC) is expected to report quarterly earnings at $0.29 per share on revenue of $365.18 million.• Amerant Bancorp Inc. (NASDAQ:AMTB) is expected to report quarterly earnings at $0.08 per share on revenue of $60.05 million.• Amerant Bancorp Inc. (NASDAQ:AMTBB) is estimated to report earnings for its second quarter.• Civista Bancshares Inc. (NASDAQ:CIVB) is estimated to report quarterly earnings at $0.26 per share on revenue of $28.25 million.• Carter's Inc. (NYSE:CRI) is expected to report earnings for its second quarter.• Equinor Inc. (NYSE:EQNR) is estimated to report earnings for its second quarter.View more earnings on AIMC• First Hawaiian Inc. (NASDAQ:FHB) is expected to report quarterly earnings at $0.22 per share on revenue of $178.92 million.• Fomento Economico Inc. (NYSE:FMX) is estimated to report quarterly earnings at $0.59 per share on revenue of $5.43 billion.• Gentex Inc. (NASDAQ:GNTX) is expected to report quarterly earnings at $0.13 per share on revenue of $268.53 million. • China Finance Online Co Inc. (NASDAQ:JRJC) is expected to report earnings for its first quarter. • NextEra Energy Partners Inc. (NYSE:NEP) is estimated to report quarterly earnings at $0.36 per share on revenue of $337.99 million.• OFG Bancorp Inc. (NYSE:OFG) is estimated to report quarterly earnings at $0.22 per share on revenue of $114.66 million.• TRI Pointe Group Inc. (NYSE:TPH) is expected to report quarterly earnings at $0.59 per share on revenue of $698.60 million.• Uxin Inc. (NASDAQ:UXIN) is estimated to report earnings for its first quarter.• Veoneer Inc. (NYSE:VNE) is expected to report quarterly loss at $1.33 per share on revenue of $216.14 million.• Vodafone Group Inc. (NASDAQ:VOD) is estimated to report earnings for its first quarter.• Virtus Investment Inc. (NASDAQ:VRTS) is expected to report quarterly earnings at $2.99 per share on revenue of $112.36 million. • Bloomin Brands Inc. (NASDAQ:BLMN) is expected to report quarterly loss at $1.15 per share on revenue of $589.50 million.• Triton International Inc. (NYSE:TRTN) is estimated to report quarterly earnings at $0.78 per share on revenue of $309.50 million. Companies Reporting After The Bell • Controladora Vuela Inc. (NYSE:VLRS) is expected to report quarterly loss at $0.83 per share on revenue of $47.66 million.See more from Benzinga * Stocks That Hit 52-Week Highs On Thursday * Benzinga's Top Upgrades, Downgrades For July 16, 2020 * 5 Financial Services Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/24/2020
|
Altra Industrial Motion Corp. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Altra Industrial Motion Corp. in conjunction with their 2020 Q2 earnings call..
- 07/24/2020
|
Altra Industrial Motion Corp. : Announces Third Quarter 2020 Dividend | MarketScreener
|
Altra Industrial Motion Corp. Announces Third Quarter 2020 Dividend
- BRAINTREE, Mass., July 22, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.04 per share for the third quarter of 2020. The third quarter 2020 dividend is the thirty-fourth consecutive dividend in the Company’s history. The dividend will be paid on October 2, 2020 to shareholders of record as of the close of business on September 18, 2020. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board's continuing determination that the declaration of dividends is in the best interests of Altra's shareholders and is in compliance with all laws and agreements of Altra applicable to the declaration and payment of cash dividends. Future dividends may be further adjusted at the Board’s discretion based on market conditions and capital availability. About Altra Industrial Motion Corp.Altra Industrial Motion Corp. is a premier industrial, global manufacturer and supplier of electromechanical power transmission, motion control and automation products, including highly engineered power transmission, motion control and engine braking systems and components. Altra's portfolio consists of 27 well-respected brands including Bauer Gear Motor, Boston Gear, Jacobs Vehicle Systems, Kollmorgen, Portescap, Stromag, Svendborg Brakes, TB Wood's, Thomson and Warner Electric. Headquartered in Braintree, Massachusetts, Altra has approximately 9,200 employees and over 50 production facilities in 16 countries around the world.All statements, other than statements of historical fact included in this release are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, any statement that may predict, forecast, indicate or imply future results, performance, achievements or events. Forward-looking statements can generally be identified by phrases such as “believes,” “expects,” “potential,” “continues,” “may,” “should,” “seeks,” “predicts,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” “could,” “designed”, “should be,” and other similar expressions that denote expectations of future or conditional events rather than statements of fact. Forward-looking statements also may relate to strategies, plans and objectives for, and potential results of, future operations, financial results, financial condition, business prospects, growth strategy and liquidity, and are based upon financial data, market assumptions and management's current business plans and beliefs or current estimates of future results or trends available only as of the time the statements are made, which may become out of date or incomplete. Forward looking statements are inherently uncertain, and investors must recognize that events could differ significantly from our expectations. These statements include, but may not be limited to, the payment and maintenance of a quarterly dividend.In addition to the risks and uncertainties noted in this release, there are certain factors that could cause actual results to differ materially from those anticipated by some of the statements made. These include: (1) competitive pressures, (2) changes in political and economic conditions in the United States and abroad and the cyclical nature of our markets, (3) loss of distributors, (4) the ability to develop new products and respond to customer needs, (5) risks associated with international operations, including currency risks, and the effects of tariffs and other trade actions taken by the United States and other countries, (6) accuracy of estimated forecasts of OEM customers and the impact of the current global economic environment on our customers, (7) risks associated with a disruption to our supply chain, (8) fluctuations in the costs of raw materials used in our products, (9) product liability claims, (10) work stoppages and other labor issues, (11) changes in employment, environmental, tax and other laws and changes in the enforcement of laws, (12) loss of key management and other personnel, (13) risks associated with compliance with environmental laws, (14) the ability to successfully execute, manage and integrate key acquisitions and mergers, (15) failure to obtain or protect intellectual property rights, (16) risks associated with impairment of goodwill or intangibles assets, (17) failure of operating equipment or information technology infrastructure, (18) risks associated with our debt leverage, (19) risks associated with restrictions contained in the agreements governing the Notes and the Altra Credit Facilities, (20) risks associated with compliance with tax laws, (21) risks associated with the global recession and volatility and disruption in the global financial markets, (22) risks associated with implementation of our ERP system, (23) risks associated with the Svendborg, Stromag, and A&S acquisitions and integration and other acquisitions, (24) risks associated with certain minimum purchase agreements we have with suppliers, (25) risks related to our relationships with strategic partners, (26) our ability to offset increased commodity and labor costs with increased prices, (27) risks associated with our exposure to variable interest rates and foreign currency exchange rates, (28) risks associated with interest rate swap contracts, (29) risks associated with our exposure to renewable energy markets, (30) risks related to regulations regarding conflict minerals, (31) risks related to restructuring and plant consolidations, (32) risks related to our acquisition of A&S, including (a) the possibility that we may be unable to achieve expected synergies and operating efficiencies in connection with the proposed transaction within the expected time-frames or at all and to successfully integrate A&S, (b) expected or targeted future financial and operating performance and results, (c) operating costs, customer loss and business disruption (including, without limitation, difficulties in maintain relationships with employees, customers, clients or suppliers) being greater than expected following the transaction, (d) our ability to retain key executives and employees, (e) slowdowns or downturns in economic conditions generally and in the markets in which the A&S businesses participate specifically, (f) lower than expected investments and capital expenditures in equipment that utilizes components produced by us or A&S, (g) lower than expected demand for our or A&S’s repair and replacement businesses, (h) our ability to successfully integrate the merged assets and the associated technology and achieve operational efficiencies, (i) the integration of A&S being more difficult, time-consuming or costly than expected, (j) the inability to undertake certain corporate actions that otherwise could be advantageous to comply with certain tax covenants, (k) potential unknown liabilities and unforeseen expenses related to the acquisition and (l) the impact on our internal controls and compliance with the regulatory requirements under the Sarbanes-Oxley Act of 2002, (33) the risk associated with the UK vote to leave the European Union, (34) Altra’s ability to achieve the efficiencies, savings and other benefits anticipated from its cost reduction, margin improvement, restructuring, plant consolidation and other business optimization initiatives, (35) the risks associated with transitioning from LIBOR to a replacement alternative reference rate, and (36) other risks, uncertainties and other factors described in the Company's quarterly reports on Form 10-Q and annual reports on Form 10-K and in the Company's other filings with the U.S. Securities and Exchange Commission (SEC) or in materials incorporated therein by reference. Except as required by applicable law, Altra does not intend to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. AIMC-GContacts: Christian Storch Executive Vice President and Chief Financial Officer Altra Industrial Motion Corp. 781-917-0541 Email: christian.storch@altramotion.com
- 07/22/2020
|
Analysts Estimate Altra Industrial Motion (AIMC) to Report a Decline in Earnings: What to Look Out for
- Altra (AIMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/17/2020
|
Altra: Gains Could Be Only Starting
- Long-term technicals look bullish. These are being matched by solid trends in liquidity, equity, cash flow and profitability.
- 07/17/2020
|
Ingersoll Rand: Company Is Planning Critical Mission Recovery
- Ingersoll Rand will work to increase demand through favorable pricing and targeting customer-centric platforms to optimize sales.
- 07/16/2020
|
iGo Announces Cliff Gilbert Appointed President of Kasco
- iGo, Inc. (OTC PINK: IGOI) today announced Cliff Gilbert has been appointed President of Kasco. Mr. Gilbert has an extensive background in business de
- 07/15/2020
|
Here's Why You Should Consider Buying Altra Industrial (AIMC)
- Altra Industrial (AIMC) gains from its solid product portfolio, strength across factory automation and medical end markets, robust liquidity position, and cost-management initiatives.
- 07/14/2020
|
Would Shareholders Who Purchased Altra Industrial Motion's(NASDAQ:AIMC) Stock Three Years Be Happy With The Share price Today?
- It is a pleasure to report that the Altra Industrial Motion Corp. (NASDAQ:AIMC) is up 56% in the last quarter. But...
- 07/13/2020
|
Research Analysts Offer Predictions for Altra Industrial Motion Corp’s Q2 2020 Earnings (NASDAQ:AIMC)
- Altra Industrial Motion Corp (NASDAQ:AIMC) – Investment analysts at KeyCorp issued their Q2 2020 EPS estimates for Altra Industrial Motion in a report issued on Wednesday, July 8th. KeyCorp analyst J. Hammond anticipates that the industrial products company will earn $0.34 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $34.00 […]
- 07/13/2020
|
AIMC or IR: Which Is the Better Value Stock Right Now?
- AIMC vs. IR: Which Stock Is the Better Value Option?
- 07/10/2020
|
Altra Industrial Motion’s (AIMC) Valuation Is Appealing, Says Analyst
- The macro challenges laid down by the coronavirus have been virtually unprecedented. Motion control and power transmission company Altra Industrial Motion (AIMC) has not been immune to COVID-19’s impact, either.Later this month, Altra will report Q2 earnings and ahead of the quarterly statement, Oppenheimer analyst Brian Blair has been assessing the company’s trajectory. Although the analyst unsurprisingly points out “2Q20 was challenging,” Blair anticipates “moderate sequential demand improvement through 2H with potential for meaningful top-line inflection in 2021.”Blair expects AIMC to post a 20% year-over-year sales decline in 2Q, although the rest of the year should improve in “fits and starts.” Driving the bull case is the expected ramping up of factory automation, medical, and defense spending, which should mitigate against “continued weakness/ volatility across other end markets.”Looking further ahead, Blair is banking on a healthier 2021. Coming after what the analyst maintains has been “an abnormally long period of industrial compression,” Altra is well set up to benefit from “accelerated investment in automation and medical technologies.”Further driving optimism is Altra’s 2018 acquisition of 4 companies from Fortive’s Automation & Specialty (A&S;) platform. The benefits of the merger should soon lead to a “notably cleaner balance sheet” and will put Altra on a path to being “significantly more profitable.”Summing up, Blair said, “Combined with ABS-guided restructuring and continuous improvement, we expect solid 2020 FCF generation (mitigating near-term AIMC downside), a healthy 2021 operating rebound (projected EBITDA and EPS growth of +14% and +27%, respectively), and a realistic path back to 2019 profitability or higher by 2022-23 (accompanied by steady balance sheet improvement). In our view, AIMC's valuation continues to anchor on immediate risks (cyclicality, 3.8x net leverage) while largely overlooking Altra's enhanced portfolio quality and compelling through-the-cycle operating potential.”Accordingly, Blair reiterated an Outperform on AIMC, along with a $36 price target. Investors could be pocketing a 18% gain, should Blair’s thesis play out over the coming months. (To watch Blair’s track record, click here)Turning now to the rest of the Street, where based on 2 Buys and 2 Holds, AIMC has a Moderate Buy consensus rating. Yet, these analysts expect shares to drop by ~3%, should the $29.5 average price target be met over the following months. (See AIMC price targets and analyst ratings on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. More recent articles from Smarter Analyst: * Upwork’s Potential Is Underappreciated, Says Analyst * Tesla China Sales Of Model 3 Vehicles Up 35% In June * Walgreens Plans To Expand 700 Stores Into Primary Care Clinics * Needham: These 3 Penny Stocks Are Poised to Double (Or More)
- 07/08/2020
|
Are Investors Undervaluing Altra Industrial Motion (AIMC) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/07/2020
|
Here's Why You Should Buy Chart Industries (GTLS) Stock Now
- Chart Industries (GTLS) is well-placed to benefit from diversified business structure, solid orders, cost-reduction measures and synergistic gains from buyouts in the quarters ahead.
- 07/07/2020
|
Short Interest in Altra Industrial Motion Corp (NASDAQ:AIMC) Decreases By 13.7%
- Altra Industrial Motion Corp (NASDAQ:AIMC) saw a significant decrease in short interest in June. As of June 30th, there was short interest totalling 1,390,000 shares, a decrease of 13.7% from the June 15th total of 1,610,000 shares. Based on an average daily volume of 539,200 shares, the days-to-cover ratio is presently 2.6 days. Approximately 2.2% […]
- 07/07/2020
|
II-VI Prices $800M Worth Common & Preferred Stock Offerings
- II-VI (IIVI) prices its previously mentioned common and preferred share offerings. It intends on using the proceeds and cash on hand to pay down debts and fund corporate needs.
- 07/03/2020
|
COVID-19 Impact & Recovery Analysis- Global Air Motor Market 2020-2024 | Increasing Number of Applications in Tools to Boost Growth | Technavio
- The Global Air Motor Market will grow by USD 788.81 mn during 2020-2024
- 07/03/2020
|
New Strong Buy Stocks For July 2nd
- New Strong Buy Stocks For July 2nd
- 07/02/2020
|
II-VI Offers $350M Common & $400M Preferred Stocks to Public
- II-VI (IIVI) offers common and convertible preferred stocks to the public. It intends on using the funds raised to pay down debts and fund corporate needs.
- 07/01/2020
|
Altra Industrial Motion Corp. (AIMC): Hedge Funds In Wait-and-See Mode
- In this article we will take a look at whether hedge funds think Altra Industrial Motion Corp. (NASDAQ:AIMC) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […]
- 06/28/2020
|
Here's Why You Should Buy Applied Industrial (AIT) Stock
- Applied Industrial (AIT) is likely to gain from cost-reduction measures, a diversified business structure and focus on driving operational excellence. Also, synergistic gains from buyouts and shareholders-friendly policies are other tailwinds.
- 06/26/2020
|
Rosenblatt Securities Thinks Thermon Group Holdings' Stock is Going to Recover - Markets
- Rosenblatt Securities analyst Scott Graham maintained a Buy rating on Thermon Group Holdings (THR – Research Report) yesterday and set
- 06/26/2020
|
Worthington's (WOR) Board Approves 4.2% Hike in Dividend Rate
- Worthington (WOR) rewards shareholders with a 4.2% hike in the quarterly dividend rate. This underpins its strong cash position.
- 06/25/2020
|
AIMC or IR: Which Is the Better Value Stock Right Now?
- AIMC vs. IR: Which Stock Is the Better Value Option?
- 06/24/2020
|
Xylem (XYL) Displays Bright Prospects Despite Headwinds
- Xylem (XYL) is likely to benefit from new products, innovation and focus on operational execution in the quarters ahead. However, soft end markets amid the coronavirus pandemic are concerning.
- 06/24/2020
|
Barnes Group (B) Suffers From Weak End Markets Amid Pandemic
- Weakness in end markets, owing to the coronavirus outbreak-led issues, escalating operating costs and other issues, is concerning for Barnes Group (B).
- 06/23/2020
|
Wellington Management Group LLP Sells 944,816 Shares of Altra Industrial Motion Corp (NASDAQ:AIMC)
- Wellington Management Group LLP lessened its position in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 39.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,447,584 shares of the industrial products company’s stock after selling 944,816 shares during the period. Wellington Management Group LLP […]
- 06/20/2020
|
Oppenheimer Releases a Hold Rating on Watts Water Technologies (WTS) - Markets
- Oppenheimer analyst Bryan Blair assigned a Hold rating to Watts Water Technologies (WTS – Research Report) yesterday. The company’s shares
- 06/19/2020
|
Top Ranked Growth Stocks to Buy for June 18th
- Top Ranked Growth Stocks to Buy for June 18th
- 06/18/2020
|
Alliancebernstein L.P. Sells 224,638 Shares of Altra Industrial Motion Corp (NASDAQ:AIMC)
- Alliancebernstein L.P. trimmed its stake in Altra Industrial Motion Corp (NASDAQ:AIMC) by 17.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,027,915 shares of the industrial products company’s stock after selling 224,638 shares during the quarter. Alliancebernstein L.P. owned about 1.59% of […]
- 06/18/2020
|
Top Ranked Momentum Stocks to Buy for June 17th
- Top Ranked Momentum Stocks to Buy for June 17th
- 06/17/2020
|
Industrial Production Rises in May: 5 Stocks Worth Buying
- Industrial production exhibits the highest monthly gain in May. The results reflect healthy growth in the manufacturing sector.
- 06/17/2020
|
ALTRA INDUSTRIAL MOTION CORP. : Ex-dividend day for | MarketScreener
|
ALTRA INDUSTRIAL MOTION CORP. : Détachement de dividende | Zone bourse
|
Altra Industrial Motion Clears Key Benchmark, Hitting 80-Plus RS Rating
- On Monday, Altra Industrial Motion received a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83. When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength. History reveals that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest price moves.
- 06/15/2020
|
Altra Industrial Motion Corp (NASDAQ:AIMC) to Issue $0.04 Quarterly Dividend
- Altra Industrial Motion Corp (NASDAQ:AIMC) announced a quarterly dividend on Friday, May 1st, Wall Street Journal reports. Investors of record on Thursday, June 18th will be given a dividend of 0.04 per share by the industrial products company on Monday, July 6th. This represents a $0.16 dividend on an annualized basis and a yield of […]
- 06/15/2020
|
Here's Why You Should Consider Buying Altra Industrial Stock
- Altra Industrial (AIMC) is likely to gain from a diversified business structure, healthy demand for a few products, cost-reduction measures and deleveraging actions.
- 06/09/2020
|
AIMC vs. B: Which Stock Is the Better Value Option?
- AIMC vs. B: Which Stock Is the Better Value Option?
- 06/08/2020
|
New Strong Buy Stocks For June 8th
- New Strong Buy Stocks For June 8th
- 06/08/2020
|
Why Is Altra (AIMC) Up 11.1% Since Last Earnings Report?
- Altra (AIMC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 05/30/2020
|
Altra Industrial (AIMC) Down 21.5% YTD: What's Hurting It?
- Altra Industrial (AIMC) is experiencing difficult end-market conditions on account of the coronavirus outbreak-led market downturn. Also, its high debt level is concerning.
- 05/26/2020
|
Research Report with COVID-19 Forecasts - Coreless DC Motors Market in India 2020-2024 | Need to Reduce Size of Machine Tools to Boost Growth | Technavio
- The coreless DC motors market size in India has the potential to grow by USD 415.59 thousand during 2020-2024
- 05/26/2020
|
Oppenheimer Initiates Coverage On Altra Industrial Motion with Outperform Rating, Announces Price Target of $34
|
Portofino Identifies 3 Significant Conductors in Geophysical Program - South of Otter, Red Lake, ON | INN
- Portofino Resources Inc. (TSXV:POR) (FSE:POTA) ("Portofino" or the "Company") is pleased to report that it has received results from its 19-line kilometer ("km") winter geophysical program.
- 05/14/2020
|
Wall Street Breakfast: The Week Ahead
- Welcome to Wall Street Brunch, our preview of stock market events for investors to watch during the upcoming week. You can also catch this article a day early b
- 05/10/2020
|
Spotlight On Tech Momo, Bitcoin Halving And 13Fs
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 05/09/2020
|
Global Industrial Fractional Horsepower Clutches Market 2020 Key Players Analysis, Segmentation, Growth, Future Trend, Gross Margin, Demand and Forecast by 2026
- May 09, 2020 (CDN Newswire via Comtex) --
Global Industrial Fractional Horsepower Clutches Market 2020 by Manufacturers, Regions, Type and Application,...
- 05/09/2020
|
Dividends By The Numbers In April 2020
- April 2020 was one of the worst single months for dividend-paying firms in stock market history. The number of dividend cuts and suspensions announced by public
- 05/06/2020
|
Altra Industrial Motion Corp. to Present at BofA Securities 2020 Transportation and Industrials Conference
- BRAINTREE, Mass., May 04, 2020 -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation.
- 05/04/2020
|
Altra Industrial Motion Corp. to Present at BofA Securities —…—… Transportation and ...
|
Altra Industrial Motion Corp (AIMC) Q1 2020 Earnings Call Transcript
- AIMC earnings call for the period ending March 31, 2020.
- 05/01/2020
|
Altra Industrial (AIMC) Beats on Q1 Earnings, Lowers View
- Altra Industrial's (AIMC) first-quarter results reflect modest impacts of the pandemic. It lowers earnings and sales projections for the year on the virus outbreak-led woes.
- 05/01/2020
|
Altra Industrial (AIMC) Beats on Q1 Earnings, Lowers View
- Altra Industrial's (AIMC) first-quarter results reflect modest impacts of the pandemic. It lowers earnings and sales projections for the year on the virus outbreak-led woes.
- 05/01/2020
|
Rosenblatt Securities Keeps Their Buy Rating on Pentair (PNR)
- In a report released yesterday, Scott Graham from Rosenblatt Securities maintained a Buy rating on Pentair (PNR), with a price target of $38.00. The
- 05/01/2020
|
Fortive (FTV) Gets a Hold Rating from Rosenblatt Securities
- Rosenblatt Securities analyst Scott Graham maintained a Hold rating on Fortive (FTV) today and set a price target of $68.00. The company's shares closed
- 05/01/2020
|
Fortive (FTV) Gets a Hold Rating from Rosenblatt Securities
- Rosenblatt Securities analyst Scott Graham maintained a Hold rating on Fortive (FTV – Research Report) today and set a price
- 05/01/2020
|
A Rising Share Price Has Us Looking Closely At Altra Industrial Motion Corp.’s (NASDAQ:AIMC) P/E Ratio
- Altra Industrial Motion (NASDAQ:AIMC) shareholders are no doubt pleased to see that the share price has bounced 78% in...
- 05/01/2020
|
KeyBanc Maintains Overweight on Altra Industrial Motion, Raises Price Target to $34
|
Edited Transcript of AIMC earnings conference call or presentation 30-Apr-20 2:00pm GMT
- Q1 2020 Altra Industrial Motion Corp Earnings Call
- 05/01/2020
|
Altra Industrial (AIMC) Beats on Q1 Earnings, Lowers View
|
Altra Industrial Motion (AIMC) Q1 Earnings and Revenues Beat Estimates
- Altra (AIMC) delivered earnings and revenue surprises of 47.73% and 5.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
|
Altra Industrial Motion (AIMC) Q1 Earnings and Revenues Beat Estimates
- Altra (AIMC) delivered earnings and revenue surprises of 47.73% and 5.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
|
Altra: 1Q Earnings Snapshot
- BRAINTREE, Mass. (AP) _ Altra Industrial Motion Corp. (AIMC) on Thursday reported a first-quarter loss of $116.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Braintree, Massachusetts-based company said it had a loss of $1.81. Earnings, adjusted for one-time gains and costs, were 65 cents per share. The industrial products company posted revenue of $434.2 million in the period. Altra expects full-year earnings in the range of $1.67 to $2.03 per share, with revenue in the range of $1.54 billion to $1.62 billion. Altra shares have declined 26% since the beginning of the year. The stock has dropped 29% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIMC at https://www.zacks.com/ap/AIMC
- 04/30/2020
|
Altra: 1Q Earnings Snapshot
- BRAINTREE, Mass. (AP) _ Altra Industrial Motion Corp. (AIMC) on Thursday reported a first-quarter loss of $116.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Braintree, Massachusetts-based company said it had a loss of $1.81. The industrial products
- 04/30/2020
|
Altra Industrial Motion: Q1 Earnings Insights
- Shares of Altra Industrial Motion (NASDAQ:AIMC) were unchanged at $26.86 after the company reported Q1 results.Quarterly Results Earnings per share fell 18.75% over the past year to $0.65, which beat the estimate of $0.47.Revenue of $434,200,000 lower by 10.07% from the same period last year, which beat the estimate of $406,190,000.Looking Ahead Altra Industrial Motion hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 30, 2020View more earnings on AIMCTime: 09:03 AM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer;=https%3A%2F%2Fir.altramotion.com%2Fevents-and-presentations%2Fdefault.aspx&eventid;=2156640&sessionid;=1&key;=B8FDC1428BD11AB24668D9A1F3B4BBAC®Tag;=&sourcepage;=registerTechnicals Company's 52-week high was at $38.4352-week low: $12.00Price action over last quarter: down 26.23%Company Description Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and markets mechanical power transmission components. The company's reportable segments are Power Transmission Technologies which includes Couplings, Clutches and Brakes, Electromagnetic Clutches and Brakes, and Gearings; and Automation and Specialty segment consist of Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems. It generates a majority of its revenue from the Power Transmission Technologies segment.See more from Benzinga * ConnectOne Bancorp: Q1 Earnings Insights * S&T; Bancorp: Q1 Earnings Insights * MGP Ingredients: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 04/30/2020
|
Altra Industrial Motion reduces Q2 dividend to 4c per share AIMC
- Altra Industrial Motion reduces Q2 dividend to 4c per share AIMC
- 04/30/2020
|
Altra Industrial Motion lowers FY20 adj. EPS $1.67-$2.03 from $2.40-$2.60 AIMC
- Altra Industrial Motion lowers FY20 adj. EPS $1.67-$2.03 from $2.40-$2.60 AIMC
- 04/30/2020
|
Altra Industrial Motion reports Q1 adjusted EPS 65c, consensus 53c AIMC
- Altra Industrial Motion reports Q1 adjusted EPS 65c, consensus 53c AIMC
- 04/30/2020
|
Altra Industrial Motion Sees FY20 Adj. EPS $1.67-$2.03 vs $1.67 Est., Sales $1.54B-$1.62B vs $1.49B Est.
|
Altra Industrial Motion Q1 Adj. EPS $0.650 Beats $0.470 Estimate, Sales $434.200M Beat $406.190M Estimate
|
Altra Reports First-Quarter 2020 Results and Provides Business Update
- Q1 Financial Performance Reflects Moderate COVID-19 Impact Swift Actions Taken on Employee Safety, Supply Chain Security and Business Continuity.
- 04/30/2020
|
Altra Reports First-Quarter 2020 Results and Provides Business Update
- Q1 Financial Performance Reflects Moderate COVID-19 Impact Swift Actions Taken on Employee Safety, Supply Chain Security and...
- 04/30/2020
|
Shareholders Should Look Hard At Altra Industrial Motion Corp.’s (NASDAQ:AIMC) 6.0%Return On Capital
- Today we’ll evaluate Altra Industrial Motion Corp. (
NASDAQ:AIMC
) to determine whether it could have potential as an investment idea. Specifically, we’ll consider its Return On Capital Employed (ROCE), since that will give us an insight into how eff
- 04/30/2020
|
Altra Industrial Motion (AIMC) Q1 Earnings and Revenues Beat Estimates
|
Rosenblatt Securities Reaffirms Their Buy Rating on nVent Electric (NVT)
- In a report released today, Scott Graham from Rosenblatt Securities maintained a Buy rating on nVent Electric (NVT), with a price target of $26.00. The
- 04/29/2020
|
Rosenblatt Securities Reaffirms Their Buy Rating on nVent Electric (NVT)
- In a report released today,
Scott Graham
from Rosenblatt Securities maintained a
Buy
rating on nVent Electric (
NVT
–
Research Report
), with a price target of
$26.00
. The company’s shares closed last Wednesday at $19.02.
According to
TipRanks.com
,
- 04/29/2020
|
Notable earnings before Thursday's open
- AAL, ABMD, AGIO, AIMC, AIT, AMRN, ARW, ASPS, AUY, BAX, BC, BEN, BPOP, CFR, CG, CHD, CI, CMCSA, COLB, COP, COR, CRS, CWT, DAN, DNKN, DOW, EME, ESI, ETN, FBP, FCN, FLWS, GNRC, GRA, GT, HBI, HGV, HUBB, I
- 04/29/2020
|
VF Corp. to Donate Its Outdoor Retailer Refund to the OIA
- Here’s how the funds will help OIA.
- 04/29/2020
|
21 Sweet Fitness Deals You Really Don’t Want to Miss
- We've rounded up all the best discounts on shoes, clothes, equipment and nutrition just for you.
- 04/29/2020
|
Altra Industrial Motion Corp (NASDAQ:AIMC) Sees Significant Growth in Short Interest
- Altra Industrial Motion Corp (NASDAQ:AIMC) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 899,600 shares, a growth of 12.5% from the March 31st total of 799,800 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average […]
- 04/29/2020
|
's Top Upgrades, Downgrades For April 28, 2020
- Upgrades
B of A Securities changed the rating for AGNC Investment Corp (NASDAQ: AGNC) from Neutral to Buy. AGNC Investment earned $0.57 in the fourth quarter,...
- 04/28/2020
|
Rockwell Automation (ROK) Gets a Hold Rating from Rosenblatt Securities
- In a report released today, Scott Graham from Rosenblatt Securities maintained a Hold rating on Rockwell Automation (ROK), with a price target of $155.00.
- 04/28/2020
|
Rockwell Automation (ROK) Gets a Hold Rating from Rosenblatt Securities
- In a report released today, Scott Graham from Rosenblatt Securities maintained a Hold rating on Rockwell Automation (ROK – Research
- 04/28/2020
|
Altra Industrial Motion initiated with a Neutral at Rosenblatt AIMC
- Altra Industrial Motion initiated with a Neutral at Rosenblatt Rosenblatt AIMC
- 04/28/2020
|
Altra Industrial Motion (AIMC) Initiated with a Hold at Rosenblatt Securities
- In a report released today, Scott Graham from Rosenblatt Securities initiated coverage with a Hold rating on Altra Industrial Motion (AIMC) and a price
- 04/28/2020
|
Needham Initiates Coverage On Altra Industrial Motion with Neutral Rating, Announces Price Target to $22
|
Altra Industrial Motion (NASDAQ:AIMC) Upgraded by BidaskClub to Sell
- Altra Industrial Motion (NASDAQ:AIMC) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, BidAskClub reports. AIMC has been the subject of several other research reports. ValuEngine upgraded Altra Industrial Motion from a “strong sell” rating to a […]
- 04/28/2020
|
Mighty CPU rival to Intel and AMD set to shake up the market
- French company SiPearl enters the fray
- 04/27/2020
|
Earnings Preview: Altra Industrial Motion (AIMC) Q1 Earnings Expected to Decline
- Altra (AIMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
|
Earnings Preview: Altra Industrial Motion (AIMC) Q1 Earnings Expected to Decline
- Altra (AIMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
|
Altra Industrial Motion (AIMC) Set to Announce Quarterly Earnings on Thursday
- Altra Industrial Motion (NASDAQ:AIMC) will announce its earnings results before the market opens on Thursday, April 30th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Altra Industrial Motion has set its FY 2020 Pre-Market guidance at 2.40-2.60 EPS and its FY20 guidance at $2.40-2.60 EPS.Investors interested in listening to […]
- 04/23/2020
|
VF Corporation Provides Preliminary Unaudited Selected Financial Data for Full Year Fiscal 2020 in Conjunction With a Debt Financing
- VF Corporation Provides Preliminary Unaudited Selected Financial Data for Full Year Fiscal 2020 in Conjunction With a Debt Financing
- 04/21/2020
|
Assenagon Asset Management S.A. Takes Position in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Assenagon Asset Management S.A. purchased a new stake in Altra Industrial Motion Corp (NASDAQ:AIMC) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 172,530 shares of the industrial products company’s stock, valued at approximately $3,018,000. Other hedge funds and other […]
- 04/21/2020
|
Frontier Capital Management Co. LLC Sells 227,735 Shares of Altra Industrial Motion Corp (NASDAQ:AIMC)
- Frontier Capital Management Co. LLC lowered its position in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 21.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 816,764 shares of the industrial products company’s stock after selling 227,735 shares during […]
- 04/19/2020
|
A Rising Share Price Has Us Looking Closely At Altra Industrial Motion Corp.'s (NASDAQ:AIMC) P/E Ratio
- Those holding Altra Industrial Motion (NASDAQ:AIMC) shares must be pleased that the share price has rebounded 35% in...
- 04/17/2020
|
A Rising Share Price Has Us Looking Closely At Altra Industrial Motion Corp.’s (NASDAQ:AIMC) P/E Ratio
- Altra Industrial Motion (NASDAQ:AIMC) shareholders are no doubt pleased to see that the share price has bounced 35% in...
- 04/17/2020
|
Altra Industrial Motion to hold Annual Meeting of Stockholders virtually AIMC
- Altra Industrial Motion to hold Annual Meeting of Stockholders virtually AIMC
- 04/16/2020
|
Altra Announces Change of Location for the Annual Meeting of Stockholders to Be Held on April 28, 2020
- Due to the ongoing public health impact of the coronavirus disease, or COVID-19, outbreak and to support the health and well-being of our directors, officers, employees and stockholders, the Annual Meeting will be held solely by remote communication, in a “virtual only” format. Stockholders of record as of the close of business on March 16, 2020 can attend, vote and submit questions at the virtual Annual Meeting via the internet at www.virtualshareholdermeeting.com/AIMC2020 by using the control number included on the proxy card, voting instruction form or notice previously received. The Company has designed the online format of the Annual Meeting to ensure, to the extent practicable, that our stockholders are afforded the same rights and opportunities to participate as they would at an in-person meeting.
- 04/16/2020
|
First Bank & Trust Boosts Stake in Altra Industrial Motion Corp (NASDAQ:AIMC)
- First Bank & Trust grew its stake in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 180.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,394 shares of the industrial products company’s stock after buying an additional 1,539 shares during the quarter. […]
- 04/16/2020
|
Altra Industrial Motion Corp (NASDAQ:AIMC) Given Consensus Rating of "Hold" by Brokerages
- Shares of Altra Industrial Motion Corp (NASDAQ:AIMC) have received an average rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that […]
- 04/16/2020
|
Perfect Day Hikers: The 6 Best Approach Shoes
- We want to let you in on a secret about climbing: you need a pair of approach shoes. They're lightweight and awesome. Here are six we love.
- 04/15/2020
|
Nuveen Asset Management LLC Purchases 47,092 Shares of Altra Industrial Motion Corp (NASDAQ:AIMC)
- Nuveen Asset Management LLC grew its position in Altra Industrial Motion Corp (NASDAQ:AIMC) by 10.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 487,982 shares of the industrial products company’s stock after acquiring an additional 47,092 shares during the period. Nuveen Asset Management LLC owned 0.75% of […]
- 04/14/2020
|
The Best Hiking Boots Made by Running Companies
- Running companies are starting to leverage their fast footwear tech to make high-quality hiking boots. Here are the best available.
- 04/14/2020
|
Altra Industrial Motion Corp (NASDAQ:AIMC) Shares Acquired by Diversified Trust Co
- Diversified Trust Co increased its stake in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 12.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,445 shares of the industrial products company’s stock after purchasing an additional 1,445 shares during the quarter. […]
- 04/13/2020
|
Geode Capital Management LLC Grows Position in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Geode Capital Management LLC boosted its stake in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 3.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 882,971 shares of the industrial products company’s stock after acquiring an additional 29,779 shares during the period. Geode Capital Management LLC […]
- 04/12/2020
|
Altra Industrial Motion (NASDAQ:AIMC) Cut to "Strong Sell" at Zacks Investment Research
- Zacks Investment Research downgraded shares of Altra Industrial Motion (NASDAQ:AIMC) from a hold rating to a strong sell rating in a research report report published on Thursday morning, Zacks.com reports. They currently have $22.00 target price on the industrial products company’s stock. According to Zacks, “Altra Industrial is poised to benefit from a solid product […]
- 04/12/2020
|
Best iPhone 11 and 11 Pro cases for 2020: Otterbox, Speck and more compared
- Looking for a case for your new iPhone? Take a look at our current top picks.
- 04/11/2020
|
Best running shoes for 2020
- When the time comes to trade out your trainers, these running shoes are your best bet.
- 04/10/2020
|
Nike, Adidas Hard Hit as Sneaker Sales Drop 75% Amid Coronavirus
- The athletic powerhouses are among hardest hit, according to The NPD Group Inc.
- 04/10/2020
|
Altra Industrial Motion (NASDAQ:AIMC) Stock Price Up 6.1%
- Altra Industrial Motion Corp (NASDAQ:AIMC) shares traded up 6.1% during mid-day trading on Wednesday . The stock traded as high as $19.78 and last traded at $20.10, 14,677 shares were traded during trading. A decline of 97% from the average session volume of 463,634 shares. The stock had previously closed at $18.95. A number of […]
- 04/10/2020
|
New Strong Sell Stocks for April 9th
- Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
- 04/09/2020
|
Altra Industrial Motion Corp to Post Q2 2020 Earnings of $0.42 Per Share, KeyCorp Forecasts (NASDAQ:AIMC)
- Altra Industrial Motion Corp (NASDAQ:AIMC) – Equities research analysts at KeyCorp lowered their Q2 2020 earnings estimates for shares of Altra Industrial Motion in a report issued on Sunday, April 5th. KeyCorp analyst J. Hammond now anticipates that the industrial products company will post earnings per share of $0.42 for the quarter, down from their […]
- 04/09/2020
|
New Strong Sell Stocks for April 9th
|
Hedge Funds Have Never Been This Bullish On Mednax Inc. (MD)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
|
Hedge Funds Are Selling PQ Group Holdings Inc. (PQG)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/08/2020
|
Hedge Funds Are Selling Korn Ferry (KFY)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/08/2020
|
Hedge Funds Have Never Been More Bullish On Meritage Homes Corp (MTH)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/08/2020
|
Altra Industrial Motion Corp. (AIMC): Are Hedge Funds Right About This Stock?
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/08/2020
|
How to Time the Markets Like an Investing Pro - April 08, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 04/08/2020
|
How to Time the Markets Like an Investing Pro - April 08, 2020
- Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- 04/08/2020
|
Need To Know: The Consensus Just Cut Its Altra Industrial Motion Corp. (NASDAQ:AIMC) Estimates For 2020
- Today is shaping up negative for Altra Industrial Motion Corp. (NASDAQ:AIMC) shareholders, with the analysts...
- 04/08/2020
|
Altra Industrial Motion Corp (NASDAQ:AIMC) Expected to Earn Q1 2020 Earnings of $0.52 Per Share
- Altra Industrial Motion Corp (NASDAQ:AIMC) – Equities researchers at KeyCorp decreased their Q1 2020 earnings per share estimates for Altra Industrial Motion in a report released on Sunday, April 5th. KeyCorp analyst J. Hammond now anticipates that the industrial products company will earn $0.52 per share for the quarter, down from their prior forecast of […]
- 04/08/2020
|
Altra Industrial Motion Corp. to Host Conference Call on First Quarter 2020 Financial Results
- BRAINTREE, Mass., April 07, 2020 -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation.
- 04/07/2020
|
Daily Stock pick: Altra Industrial Motion
- Altra's price per share closed at $17.95 yesterday. A year ago their price was $32.66.
- 04/07/2020
|
Altra Industrial Motion Corp. to Host Conference Call on First Quarter —…—… Financial ...
|
's Top Upgrades, Downgrades For April 6, 2020
- Upgrades
For Cinemark Holdings Inc (NYSE: CNK), B. Riley FBR upgraded the stock from Neutral to Buy. For the fourth quarter, Cinemark Hldgs had an EPS of $0.22,...
- 04/06/2020
|
KeyBanc Upgrades Altra Industrial Motion to Overweight, Announces $25 Price Target
|
KeyBanc upgrades Altra Industrial Motion on attractive entry point AIMC
- KeyBanc upgrades Altra Industrial Motion on attractive entry point KeyBanc AIMC
- 04/06/2020
|
Altra Industrial Motion upgraded to Overweight from Sector Weight at KeyBanc AIMC
- Altra Industrial Motion upgraded to Overweight from Sector Weight at KeyBanc KeyBanc AIMC
- 04/06/2020
|
Is Altra Industrial Motion Corp. (NASDAQ:AIMC) A Smart Pick For Income Investors?
- Is Altra Industrial Motion Corp. (NASDAQ:AIMC) a good dividend stock? How can we tell? Dividend paying companies with...
- 04/05/2020
|
Bank of America Corp DE Has $12.64 Million Stock Position in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Bank of America Corp DE raised its holdings in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 20.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 348,941 shares of the industrial products company’s stock after purchasing an additional 59,296 shares […]
- 04/05/2020
|
Top Research Reports for Amazon, Medtronic & Vertex
- Top Research Reports for Amazon, Medtronic & Vertex
- 04/03/2020
|
Sneaker Sales Continue to Drop in the U.S. Amid the Coronavirus Crisis
- Here’s how far sales fell and the categories that were hit the hardest.
- 04/03/2020
|
First Republic Investment Management Inc. Acquires New Shares in Altra Industrial Motion Corp (NASDAQ:AIMC)
- First Republic Investment Management Inc. acquired a new stake in Altra Industrial Motion Corp (NASDAQ:AIMC) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 7,470 shares of the industrial products company’s stock, valued at approximately $270,000. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the […]
- 04/03/2020
|
Cubist Systematic Strategies LLC Has $1.35 Million Stock Position in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Cubist Systematic Strategies LLC lowered its stake in Altra Industrial Motion Corp (NASDAQ:AIMC) by 32.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,172 shares of the industrial products company’s stock after selling 17,934 shares during the period. Cubist Systematic […]
- 04/03/2020
|
Baird Financial Group Inc. Acquires 2,101 Shares of Altra Industrial Motion Corp (NASDAQ:AIMC)
- Baird Financial Group Inc. raised its holdings in shares of Altra Industrial Motion Corp (NASDAQ:AIMC) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,850 shares of the industrial products company’s stock after purchasing an additional 2,101 shares during the quarter. […]
- 04/02/2020
|
Brinker Capital Inc. Cuts Stock Position in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Brinker Capital Inc. reduced its position in Altra Industrial Motion Corp (NASDAQ:AIMC) by 17.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,866 shares of the industrial products company’s stock after selling 6,051 shares during the quarter. Brinker Capital Inc.’s holdings in Altra […]
- 03/31/2020
|
6,463 Shares in Altra Industrial Motion Corp (NASDAQ:AIMC) Bought by CA Family Wealth LLC
- CA Family Wealth LLC purchased a new position in Altra Industrial Motion Corp (NASDAQ:AIMC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,463 shares of the industrial products company’s stock, valued at approximately $234,000. Several other hedge funds and […]
- 03/31/2020
|
Alliancebernstein L.P. Lowers Stock Holdings in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Alliancebernstein L.P. lowered its holdings in Altra Industrial Motion Corp (NASDAQ:AIMC) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,252,553 shares of the industrial products company’s stock after selling 142,760 shares during the period. Alliancebernstein L.P. owned […]
- 03/31/2020
|
Credit Suisse AG Sells 8,177 Shares of Altra Industrial Motion Corp (NASDAQ:AIMC)
- Credit Suisse AG reduced its position in Altra Industrial Motion Corp (NASDAQ:AIMC) by 15.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,476 shares of the industrial products company’s stock after selling 8,177 shares during the quarter. Credit Suisse AG […]
- 03/30/2020
|
Amalgamated Bank Boosts Stock Position in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Amalgamated Bank boosted its holdings in Altra Industrial Motion Corp (NASDAQ:AIMC) by 9.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,283 shares of the industrial products company’s stock after purchasing an additional 913 shares during the quarter. Amalgamated Bank’s holdings in Altra Industrial Motion were worth $372,000 as of its most recent […]
- 03/29/2020
|
Great West Life Assurance Co. Can Invests $180,000 in Altra Industrial Motion Corp (NASDAQ:AIMC)
- Great West Life Assurance Co. Can acquired a new stake in Altra Industrial Motion Corp (NASDAQ:AIMC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,013 shares of the industrial products company’s stock, valued at approximately $180,000. Several other hedge funds and other institutional […]
- 03/28/2020
|
Coronavirus Running Boom: How Brands & Retailers Are Working Together
- Industry insiders weigh in.
- 03/27/2020
|
Edited Transcript of AIMC earnings conference call or presentation 21-Feb-19 3:00pm GMT
- Q4 2018 Altra Industrial Motion Corp Earnings Call
- 03/27/2020
|
Altra Industrial Motion Corp (NASDAQ:AIMC) Sees Large Decrease in Short Interest
- Altra Industrial Motion Corp (NASDAQ:AIMC) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totalling 826,200 shares, a decline of 21.3% from the February 27th total of 1,050,000 shares. Currently, 1.3% of the company’s shares are sold short. Based on an […]
- 03/27/2020
|
Edited Transcript of AIMC earnings conference call or presentation 21-Feb-19 3:00pm GMT
- Q4 2018 Altra Industrial Motion Corp Earnings Call
- 03/27/2020
|
Jennifer Garner's in Leggings, Brooks Sneakers With Daughter Seraphina
- Her kicks cost $150.
- 03/26/2020
|
Best running shoes for 2020
- When the time comes to trade out your trainers, these running shoes are your best bet.
- 03/26/2020
|
Altra Industrial Motion’s (NASDAQ:AIMC) Earnings Are Growing But Is There More To The Story?
- As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...
- 03/25/2020
|
