Altra Industrial Motion Corp. (AIMC) News
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AIMC News Highlights
- AIMC's 30 day story count now stands at 2.
- Over the past 6 days, the trend for AIMC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest AIMC News From Around the Web
Below are the latest news stories about ALTRA INDUSTRIAL MOTION CORP that investors may wish to consider to help them evaluate AIMC as an investment opportunity.
Altra Industrial Motion Corp. (NASDAQ:AIMC) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?Altra Industrial Motion (NASDAQ:AIMC) has had a great run on the share market with its stock up by a significant 6.8... |
Reasons Why You Should Avoid Altra Industrial (AIMC) Stock NowAltra Industrial (AIMC) experiences inflation in raw material costs coupled with supply-chain constraints. High debt level is also a cause for concern. |
Altra Industrial (AIMC) Q2 Earnings & Revenues Beat EstimatesAltra Industrial's (AIMC) Q2 earnings results reflect gains from a solid performance in its Power Transmission Technologies segment. |
Altra Industrial Motion (AIMC) Gets a Buy Rating from OppenheimerOppenheimer analyst Bryan Blair reiterated a Buy rating on Altra Industrial Motion (AIMC – Research Report) today and set a price target of $52.00. The company's shares closed last Thursday at $38.96. According to TipRanks.com, Blair is a 5-star analyst with an average return of 17.3% and a 59.4% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Evoqua Water Technologies, and Watts Water Technologies. Currently, the analyst consensus on Altra Industrial Motion is a Moderate Buy with an average price target of $50.00, implying a 26.6% upside from current levels. In a report issued on July 14, Robert W. |
Altra Industrial Motion (NASDAQ:AIMC) Has Affirmed Its Dividend Of $0.09The board of Altra Industrial Motion Corp. ( NASDAQ:AIMC ) has announced that it will pay a dividend on the 4th of... |
Altra Holdings (AIMC) Q2 2022 Earnings Call TranscriptImage source: The Motley Fool. Altra Holdings (NASDAQ: AIMC)Q2 2022 Earnings CallJul 28, 2022, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and thank you for attending today's Altra Industrial Motion second quarter 2022 second results conference call. |
CORRECTING and REPLACING: Altra Reports Second Quarter 2022 ResultsBroad-Based Demand & Strong Execution Support Sales of $498.1MPricing Initiatives Offset Inflationary Pressures Balance Sheet Strength Highlighted by Leverage Ratio Returning to Low End of Target RangeUpdates 2022 Guidance BRAINTREE, Mass., July 28, 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 unaudited financial results fo |
Altra Industrial Motion (AIMC) Beats Q2 Earnings and Revenue EstimatesAltra (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? |
Altra Reports Second Quarter 2022 ResultsBroad-Based Demand & Strong Execution Support Sales of $498.1MPricing Initiatives Offset Inflationary Pressures Balance Sheet Strength Highlighted by Leverage Ratio Returning to Low End of Target RangeUpdates 2022 Guidance BRAINTREE, Mass., July 28, 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 unaudited financial results fo |
Altra Industrial Motion Corp. Announces Third Quarter 2022 DividendBRAINTREE, Mass., July 25, 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 its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the third quarter of 2022. The third quarter 2022 dividend is the forty-second consecutive dividend in the Company’s history. The dividend will be paid on October 4, 2022 to s |