Price Crosses Moving Average
|Bid||30.64 x 900|
|Ask||30.69 x 800|
|Day's Range||30.57 - 32.09|
|52 Week Range||12.00 - 38.43|
|Beta (5Y Monthly)||2.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.16 (0.50%)|
|Ex-Dividend Date||Jun 17, 2020|
|1y Target Est||N/A|
II-VI (IIVI) offers common and convertible preferred stocks to the public. It intends on using the funds raised to pay down debts and fund corporate needs.
In this article we will take a look at whether hedge funds think Altra Industrial Motion Corp. (NASDAQ:AIMC) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get […]
Applied Industrial (AIT) is likely to gain from cost-reduction measures, a diversified business structure and focus on driving operational excellence. Also, synergistic gains from buyouts and shareholders-friendly policies are other tailwinds.
Worthington (WOR) rewards shareholders with a 4.2% hike in the quarterly dividend rate. This underpins its strong cash position.
AIMC vs. IR: Which Stock Is the Better Value Option?
Xylem (XYL) is likely to benefit from new products, innovation and focus on operational execution in the quarters ahead. However, soft end markets amid the coronavirus pandemic are concerning.
Weakness in end markets, owing to the coronavirus outbreak-led issues, escalating operating costs and other issues, is concerning for Barnes Group (B).
On Monday, Altra Industrial Motion received a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83. When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength. History reveals that the market's biggest winners typically have an 80 or better RS Rating as they launch their biggest price moves.
Altra Industrial (AIMC) is likely to gain from a diversified business structure, healthy demand for a few products, cost-reduction measures and deleveraging actions.
Altra Industrial (AIMC) is experiencing difficult end-market conditions on account of the coronavirus outbreak-led market downturn. Also, its high debt level is concerning.
Altra Industrial's (AIMC) first-quarter results reflect modest impacts of the pandemic. It lowers earnings and sales projections for the year on the virus outbreak-led woes.
Shares of Altra Industrial Motion (NASDAQ:AIMC) were unchanged at $26.86 after the company reported Q1 results.Quarterly Results Earnings per share fell 18.75% over the past year to $0.65, which beat the estimate of $0.47.Revenue of $434,200,000 lower by 10.07% from the same period last year, which beat the estimate of $406,190,000.Looking Ahead Altra Industrial Motion hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 30, 2020View more earnings on AIMCTime: 09:03 AM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.altramotion.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2156640&sessionid=1&key=B8FDC1428BD11AB24668D9A1F3B4BBAC®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $38.4352-week low: $12.00Price action over last quarter: down 26.23%Company Description Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and markets mechanical power transmission components. The company's reportable segments are Power Transmission Technologies which includes Couplings, Clutches and Brakes, Electromagnetic Clutches and Brakes, and Gearings; and Automation and Specialty segment consist of Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems. It generates a majority of its revenue from the Power Transmission Technologies segment.See more from Benzinga * ConnectOne Bancorp: Q1 Earnings Insights * S&T Bancorp: Q1 Earnings Insights * MGP Ingredients: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Those holding Altra Industrial Motion (NASDAQ:AIMC) shares must be pleased that the share price has rebounded 35% in...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Today is shaping up negative for Altra Industrial Motion Corp. (NASDAQ:AIMC) shareholders, with the analysts...