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Last $28.02 USD
Change Today -0.13 / -0.46%
Volume 167.0K
AIMC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 5:20 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

altra industrial motion corp (AIMC) Snapshot

Open
$28.23
Previous Close
$28.15
Day High
$28.25
Day Low
$27.80
52 Week High
07/7/14 - $38.08
52 Week Low
01/27/15 - $22.73
Market Cap
739.9M
Average Volume 10 Days
92.9K
EPS TTM
$1.64
Shares Outstanding
26.4M
EX-Date
06/16/15
P/E TM
17.1x
Dividend
$0.60
Dividend Yield
1.71%
Current Stock Chart for ALTRA INDUSTRIAL MOTION CORP (AIMC)

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altra industrial motion corp (AIMC) Details

Altra Industrial Motion Corp. designs, produces, and markets electromechanical power transmission products worldwide. It operates through three segments: Clutches and Brakes, Couplings, and Gearing and Power Transmission Components. The company offers clutches and brakes for material handling, forklift, elevator, medical mobility, mobile off-highway, baggage handling, and plant productivity applications, as well as for walk-behind and commercial mowers, and residential lawn tractors. It also offers indexing and backstopping clutches for industrial applications; heavy duty clutches and brakes for metal forming, oil and gas drilling platforms, mining, material handling, marine, and wind turbine applications, as well as off-highway and construction equipment segments; and gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, enclosed gear drive and gear motor configurations, and open gearing products for industrial, material handling, mixing, transportation, and food processing applications. In addition, the company provides engineered bearing assemblies that support, guide, and reduce friction of motion between fixed and moving machine parts; and engineered belted drives, which change the speed of an electric motor or engine to the required level. Further, it offers couplings, such as gear, diaphragm and disc, elastomeric, miniature, and precision couplings, as well as universal joints, mill spindles, and shaft locking devices for food processing, oil and gas, power generation, material handling, medical, metals, mining, and mobile off-highway industries. Altra Industrial Motion Corp. sells its products through original equipment manufacturers and industrial distributors, as well as directly to end users. The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. is headquartered in Braintree, Massachusetts.

3,957 Employees
Last Reported Date: 02/26/15

altra industrial motion corp (AIMC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $612.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $390.2K
Vice President of Legal & Human Resources, Ge...
Total Annual Compensation: $270.3K
Vice President of Marketing and Business Deve...
Total Annual Compensation: $222.4K
Vice President of Global Sales
Total Annual Compensation: $236.5K
Compensation as of Fiscal Year 2014.

altra industrial motion corp (AIMC) Key Developments

Altra Industrial Motion Corp. Announces Unaudited Consolidated Earnings Results for First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Full Year 2015

Altra Industrial Motion Corp. announced unaudited consolidated earnings results for first quarter ended March 31, 2015. For the quarter, the company reported net sales of $193,361,000, income from operations of $15,653,000, income before income taxes of $13,526,000, net income of $9,390,000, net income attributable to the company of $9,398,000 or $0.36 diluted per share, Non-GAAP income from operations of $18,147,000, Non-GAAP net income of $11,131,000 or $0.42 diluted per share, net cash flows from operating activities of $12,774,000, purchase of property, plant and equipment of $7,731,000 compared to the net sales of $210,138,000, income from operations of $19,645,000, income before income taxes of $16,092,000, net income of $11,363,000, net income attributable to the company of $11,365,000 or $0.41 diluted per share, Non-GAAP income from operations of $22,222,000, Non-GAAP net income of $13,128,000 or $0.48 diluted per share, net cash flows from operating activities of $19,073,000, purchase of property, plant and equipment of $5,617,000 for the same quarter a year ago. For the Full Year 2015 he company is lowering and narrowing its forecast and now expects sales in the range of $760 to $780 million and non-GAAP diluted EPS guidance in the range of $1.60 to $1.75 for 2015. The company expects its tax rate for the full year to be approximately 30% to 32% before discrete items. The company also expects capital expenditures in the range of $24 to $26 million and depreciation and amortization in the range of $30 to $32 million.

Altra Industrial Motion Corp. Announces Second Quarter 2015 Dividend, Payable on July 2, 2015

Altra Industrial Motion Corp. announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.15 per share for the second quarter of 2015. The dividend will be paid on July 2, 2015 to shareholders of record as of the close of business on June 18, 2015.

Altra Industrial Motion Corp. to Report Q1, 2015 Results on Apr 30, 2015

Altra Industrial Motion Corp. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 30, 2015

 

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Industry Analysis

AIMC

Industry Average

Valuation AIMC Industry Range
Price/Earnings 20.8x
Price/Sales 1.0x
Price/Book 3.1x
Price/Cash Flow 20.2x
TEV/Sales 0.6x
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