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

September 25, 2018 - By Alicia Butler

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.
Parametric Associates Ltd invested in 94,495 shares or 0% of the stock. 13,758 were accumulated by Raymond James Financial Serv Advsrs. Wellington Grp Inc Ltd Liability Partnership owns 2.53 million shares. Cap Fund Management Sa holds 6,300 shares. New York-based Amer Gp has invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Da Davidson holds 0% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 5,063 shares. Eagle Boston Investment owns 236,051 shares or 0.94% of their US portfolio. Northern Tru owns 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 370,748 shares. Morgan Stanley holds 0% or 104,721 shares. Texas-based Utd Svcs Automobile Association has invested 0.02% in Altra Industrial Motion Corp. (NASDAQ:AIMC). California State Teachers Retirement owns 44,296 shares. Employees Retirement Systems Of Ohio reported 1,240 shares. Stifel Financial invested in 6,064 shares or 0% of the stock. 32,955 were accumulated by Eaton Vance. Susquehanna Intll Grp Inc Llp reported 10,194 shares stake.

Since May 11, 2018, it had 0 buys, and 3 sales for $784,031 activity. Patriacca Todd also sold $172,360 worth of Altra Industrial Motion Corp. (NASDAQ:AIMC) on Thursday, May 17.

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 3.20M 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 to “Buy” on Thursday, August 30. The firm has “Overweight” rating given on Thursday, August 30 by KeyBanc Capital Markets. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) has “Outperform” rating given on Thursday, August 30 by BMO Capital Markets. The firm earned “Outperform” rating on Friday, July 27 by BMO 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: 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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