Analyst Ratings for Altra Industrial Motion Corp. (AIMC)Updated: 2017-07-28
An average rating of Overweight has been given to Altra Industrial Motion Corp. (NASDAQ:AIMC) by analysts covering the stock. About 30 days ago, AIMC was issued an average rating of Overweight.
A buy rating was issued by 3 analysts, 0 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for AIMC. The most optimistic price target was 50, which equates to a potential upside of 13.12 percent. The minimum price target given was 40, which equates to a potential downside of -9.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.14 percent. That number becomes -2.2 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 2.86 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.73 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of AIMC's earnings is estimated by analysts to be 79.6 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AIMC is 0.48.
AIMC has a 52-week high of 46.90 and a 52-week low of 26.24. The current market price is above the trailing year's low by 68.45 percent, and below the high by 5.76 percent. AIMC has a P/E ratio of 38.2. Investors typically compare the P/E ratio to a company's peers in the industry. The AIMC value stock report compares AIMC to some of its peers using value stock charts. The stock has a market capitalization of $1.27 billion. AIMC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.