$0.58 EPS Expected for Altra Industrial Motion Corp. (AIMC)

September 16, 2018 - By Richard Slagle

Altra Industrial Motion Corp. (NASDAQ:AIMC) LogoInvestors sentiment increased to 1.54 in Q2 2018. Its up 0.22, from 1.32 in 2018Q1. It improved, 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.
Da Davidson invested 0% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC). Northern Trust Corporation accumulated 370,748 shares or 0% of the stock. Captrust Financial has invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Tiaa Cref Invest Mgmt Lc holds 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC) or 64,160 shares. Zacks Invest Mgmt reported 38,214 shares. Voya Inv Management Ltd Company accumulated 83,998 shares. Sei Invests invested in 0.01% or 96,791 shares. Principal Fincl Group Inc Inc reported 16,683 shares stake. Parkside Financial Bank Trust has invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Moreover, Nicholas Limited Partnership has 0.24% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 78,427 shares. California Employees Retirement holds 0% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 56,167 shares. Invesco Limited accumulated 36,526 shares. Aperio Grp Ltd Liability reported 6,790 shares. Wasatch Advsrs Incorporated accumulated 2.29 million shares or 1.19% of the stock. Envestnet Asset Mngmt has 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 2,282 shares.

Since May 11, 2018, it had 0 insider purchases, and 3 selling transactions for $784,031 activity. $579,471 worth of stock was sold by WOODWARD JAMES H JR on Friday, May 11.

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 17.22 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 2.88% or $1.12 during the last trading session, reaching $39.95. About 4.47 million shares traded or 683.50% up from the average. Altra Industrial Motion Corp. (NASDAQ:AIMC) has declined 16.61% since September 16, 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 stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) earned “Outperform” rating by BMO Capital Markets on Friday, July 27. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, August 30. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) has “Buy” rating given on Thursday, August 30 by Sidoti. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) earned “Outperform” rating by BMO Capital Markets on Thursday, August 30.

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company has market cap of $1.17 billion. The firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It has a 21.71 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.

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

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