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

September 25, 2018 - By Andrea Pope

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 is positive, 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.
Capital Fund Mgmt holds 6,300 shares. Metropolitan Life Insur New York invested in 0% or 9,167 shares. Barrow Hanley Mewhinney & Strauss Limited Liability Co, a Texas-based fund reported 123,326 shares. Captrust Fin Advsr holds 310 shares. Raymond James Finance Advsrs owns 13,758 shares for 0% of their portfolio. Tudor Invest Et Al accumulated 5,409 shares or 0.01% of the stock. New York-based D E Shaw & Inc has invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Principal Fincl Group, Iowa-based fund reported 16,683 shares. Citadel Advsr Ltd Liability Corp accumulated 132,929 shares. Hsbc Holdg Public Limited Co has invested 0.01% in Altra Industrial Motion Corp. (NASDAQ:AIMC). New York State Common Retirement Fund invested in 0.03% or 492,675 shares. Manufacturers Life Insur The reported 0% stake. State Of Wisconsin Inv Board, a Wisconsin-based fund reported 190,000 shares. 314,129 are held by Royal Natl Bank Of Canada. Ameritas Inv Prtnrs Inc holds 0.01% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 2,517 shares.

Since May 11, 2018, it had 0 buys, and 3 sales for $784,031 activity. The insider Patriacca Todd sold 700 shares worth $32,200.

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. BMO Capital Markets maintained the shares of AIMC in report on Thursday, August 30 with “Outperform” rating. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) has “Buy” rating given on Thursday, August 30 by Sidoti. The firm has “Overweight” rating by KeyBanc Capital Markets given on Thursday, August 30. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, July 27 report.

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

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

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