Altra Industrial Motion Corp. (AIMC) Analysts See $0.58 EPS

September 25, 2018 - By Billy Entrekin

Altra Industrial Motion Corp. (NASDAQ:AIMC) LogoInvestors sentiment increased to 1.54 in 2018 Q2. Its up 0.22, from 1.32 in 2018Q1. It increased, as 14 investors sold Altra Industrial Motion Corp. shares while 32 reduced holdings. 12 funds opened positions while 59 raised stakes. 28.98 million shares or 0.44% less from 29.11 million shares in 2018Q1 were reported.
Kennedy Capital Mngmt Inc has 275,452 shares for 0.22% of their portfolio. American International Grp has invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Tci Wealth Advsrs invested 0% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC). Public Employees Retirement Sys Of Ohio holds 1,240 shares. Frontier Management Ltd Com owns 565,056 shares or 0.17% of their US portfolio. Millennium Limited Co reported 270,797 shares. Eagle Boston Invest Mgmt Inc invested in 236,051 shares. Royal Bank & Trust Of Canada has invested 0.01% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Moreover, Art Advsrs Ltd has 0.03% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 16,550 shares. Gamco Inc Et Al has 35,000 shares for 0.01% of their portfolio. Great West Life Assurance Can reported 0% stake. Advisory Services Ntwk Limited Liability Company accumulated 0% or 154 shares. Piedmont Invest Llc, North Carolina-based fund reported 503 shares. Vanguard Gp has 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 2.53 million shares. Brinker, Pennsylvania-based fund reported 20,620 shares.

Since May 11, 2018, it had 0 insider buys, and 3 selling transactions for $784,031 activity. Patriacca Todd sold $172,360 worth of stock or 4,000 shares.

Analysts expect Altra Industrial Motion Corp. (NASDAQ:AIMC) to report $0.58 EPS on October, 19.They anticipate $0.10 EPS change or 20.83 % from last quarter’s $0.48 EPS. AIMC’s profit would be $17.03 million giving it 18.45 P/E if the $0.58 EPS is correct. After having $0.71 EPS previously, Altra Industrial Motion Corp.’s analysts see -18.31 % EPS growth. The stock increased 0.00% or $0.4 during the last trading session, reaching $42.8. About 3.20 million shares traded or 239.84% up from the average. Altra Industrial Motion Corp. (NASDAQ:AIMC) has declined 16.61% since September 25, 2017 and is downtrending. It has underperformed by 32.23% the S&P500.

Altra Industrial Motion Corp. (NASDAQ:AIMC) Ratings Coverage

Among 3 analysts covering Altra Industrial Motion (NASDAQ:AIMC), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Altra Industrial Motion had 4 analyst reports since July 27, 2018 according to SRatingsIntel. The rating was upgraded by Sidoti on Thursday, August 30 to “Buy”. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) has “Outperform” rating given on Friday, July 27 by BMO Capital Markets. On Thursday, August 30 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Overweight” rating given on Thursday, August 30 by KeyBanc Capital Markets.

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company has market cap of $1.26 billion. The firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It has a 23.26 P/E ratio. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, gas and oil, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, gas and oil drilling platforms, mining, material handling, marine, and wind turbine applications.

More news for Altra Industrial Motion Corp. (NASDAQ:AIMC) were recently published by: Benzinga.com, which released: “KeyBanc Bullish On Altra Industrial Motion After Fortive Acquisition” on August 30, 2018. Streetinsider.com‘s article titled: “Form 425 Fortive Corp Filed by: Fortive Corp” and published on September 24, 2018 is yet another important article.

Altra Industrial Motion Corp. (NASDAQ:AIMC) Ratings Chart

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