Altra Industrial Motion Corp. (AIMC) News

Altra Industrial Motion Corp. (AIMC): $44.66

-0.45 (-1.00%)

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AIMC News Highlights

  • For AIMC, its 30 day story count is now at 22.
  • Over the past 13 days, the trend for AIMC's stories per day has been choppy and unclear. It has oscillated between 1 and 11.
  • The most mentioned tickers in articles about AIMC are CMI, STAR and DOW.

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. to Host and Webcast 2022 Investor Day Live on March 8, 2022

BRAINTREE, Mass., Feb. 17, 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 it will host and webcast its 2022 Investor Day beginning at 10:00 a.m. ET on Tuesday, March 8, 2022. The event should conclude at approximately 12:30 p.m. ET. Presentations by Chief Executive Officer Carl Christenson, Chief Financial Officer Todd Patria

Yahoo | February 17, 2022

Altra Industrial (AIMC) Q4 Earnings Miss, '22 View Solid

Altra Industrial's (AIMC) Q4 earnings reflect the impacts of end-market strength, supply-chain restrictions, labor issues, and a hike in costs and expenses. It predicts y/y growth in 2022 earnings.

Yahoo | February 17, 2022

Altra Holdings (AIMC) Q4 2021 Earnings Call Transcript

Except as required by applicable law, Altra Industrial Motion Corp. does not intend to update or alter its forward-looking statements whether as a result of new information, future events, or otherwise. Thank you, David.

Yahoo | February 17, 2022

Oppenheimer Sticks to Their Buy Rating for Altra Industrial Motion (AIMC)

Oppenheimer analyst Bryan Blair maintained a Buy rating on Altra Industrial Motion (AIMC – Research Report) today. The company's shares closed last Tuesday at $49.36. According to TipRanks.com, Blair is a 5-star analyst with an average return of 20.6% and a 57.8% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Mueller Water Products. Currently, the analyst consensus on Altra Industrial Motion is a Moderate Buy with an average price target of $66.00, which is a 33.7% upside from current levels. In a report issued on February 9, Robert W.

Christine Brown on TipRanks | February 16, 2022

Altra Industrial Motion Corp. (AIMC) CEO Carl Christenson on Q4 2021 Results - Earnings Call Transcript

No summary available.

Seeking Alpha | February 16, 2022

Altra Industrial Motion (AIMC) Misses Q4 Earnings Estimates

Altra (AIMC) delivered earnings and revenue surprises of -10.67% and 1.80%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | February 16, 2022

Altra Reports Fourth Quarter 2021 Results

Announced Acquisition of Nook Industries and Agreement to Divest JVS Strong Demand Continues Across Nearly All End Markets Resulting in Record Sales for the Year November 2021 $1.4 Billion Refinancing Supports Further Inorganic Growth Provides 2022 Guidance BRAINTREE, Mass., Feb. 16, 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 annou

Yahoo | February 16, 2022

Altra Industrial Motion Corp. (NASDAQ:AIMC) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

With its stock down 21% over the past three months, it is easy to disregard Altra Industrial Motion (NASDAQ:AIMC...

Yahoo | February 14, 2022

Oppenheimer Thinks Altra Industrial Motion’s Stock is Going to Recover

In a report released today, Bryan Blair from Oppenheimer maintained a Buy rating on Altra Industrial Motion (AIMC – Research Report). The company's shares closed last Wednesday at $48.68, close to its 52-week low of $44.87. According to TipRanks.com, Blair is a 5-star analyst with an average return of 20.9% and a 59.1% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Mueller Water Products, and Zurn Water Solutions. Currently, the analyst consensus on Altra Industrial Motion is a Moderate Buy with an average price target of $66.00. See today’s best-performing stocks on TipRanks >> The company has a one-year high of $68.

Brian Anderson on TipRanks | February 9, 2022

Cummins To Acquire Jacobs Vehicle Systems Business From Altra Industrial For $325M

Cummins Inc. (NYSE: CMI ) has agreed to acquire Jacobs Vehicle Systems , a subsidiary of Altra Industrial Motion Corp (NASDAQ: AIMC ), for $325 million . Founded in 1961, Jacobs Vehicle Systems has roughly 600 employees and more than 60 years of experience in engine retarding and valve actuation systems for … Full story available on Benzinga.com

Benzinga | February 9, 2022


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