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

September 25, 2018 - By Carolyn Hewitt

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.
Teachers Retirement Systems Of The State Of Kentucky accumulated 31,723 shares. California Pub Employees Retirement Systems holds 0% or 56,167 shares. 32,080 are held by Rhumbline Advisers. Art Advsrs invested in 16,550 shares. Brinker Inc holds 0.03% or 20,620 shares. Northern Corp owns 370,748 shares. Loomis Sayles & L P has 354,476 shares. Sei Investments owns 0.01% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 96,791 shares. Credit Suisse Ag has 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC). Systematic Fin Management L P invested 0.32% in Altra Industrial Motion Corp. (NASDAQ:AIMC). National Bank Of Montreal Can holds 206 shares. Aristotle Boston Lc stated it has 0.93% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC). 51,200 were reported by Swiss Comml Bank. Schwab Charles Mngmt Incorporated, a California-based fund reported 212,510 shares. Florida-based Finemark Bancorp & Tru has invested 0.06% in Altra Industrial Motion Corp. (NASDAQ:AIMC).

Since May 11, 2018, it had 0 buys, and 3 sales for $784,031 activity. 13,523 shares were sold by WOODWARD JAMES H JR, worth $579,471.

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 stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, August 30. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) has “Outperform” rating given on Friday, July 27 by BMO Capital Markets. As per Thursday, August 30, the company rating was maintained by BMO Capital Markets. Sidoti upgraded the stock to “Buy” rating in Thursday, August 30 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: 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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