Market Summary
USD61.98-0.01
Market Closed-0.02%
AIMC Alerts
AIMC Stock Price
AIMC RSI Chart
AIMC Valuation
AIMC Price/Sales (Trailing)
AIMC Profitability
AIMC Fundamentals
AIMC Revenue
AIMC Earnings
Price Action
52 Week Range
32.1862.01
(Low)(High)
Last 7 days
0.9%
Last 30 days
0.7%
Last 90 days
4.0%
Trailing 12 Months
55.5%
AIMC Financial Health
AIMC Investor Care
Peers (Alternatives to Altra Industrial Motion)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ITW | 70.6B | 15.9B | -0.83% | 12.07% | 23.28 | 4.43 | 10.22% | 12.62% |
IR | 22.3B | 5.9B | -4.23% | 11.51% | 36.85 | 3.77 | 14.83% | 7.50% |
XYL | 17.8B | 5.5B | -4.30% | 15.29% | 50.05 | 3.22 | 6.29% | -16.86% |
IEX | 16.5B | 3.2B | -2.41% | 14.07% | 28.19 | 5.2 | 15.09% | 30.60% |
NDSN | 12.0B | 2.6B | -5.02% | -7.55% | 24.15 | 4.63 | 6.00% | -0.05% |
| MID-CAP | ||||||||
DCI | 7.7B | 3.4B | 0.46% | 21.19% | 21.69 | 2.27 | 10.23% | 12.47% |
MIDD | 7.3B | 4.0B | -11.47% | -19.45% | 16.81 | 1.82 | 24.06% | -10.63% |
ITT | 6.7B | 3.0B | -11.29% | 3.58% | 18.18 | 2.23 | 8.05% | 16.03% |
FLS | 4.1B | 3.6B | -7.93% | -6.28% | 21.8 | 1.14 | 2.09% | 49.85% |
AIMC | 4.0B | 1.9B | 0.68% | 55.46% | 31.86 | 2.08 | 2.41% | 358.48% |
| SMALL-CAP | ||||||||
EPAC | 1.5B | 579.7M | -2.27% | 22.47% | 73.29 | 2.57 | 7.33% | -43.89% |
SXI | 1.4B | 742.4M | 1.39% | 13.71% | 19.98 | 1.85 | 4.57% | 49.21% |
ERII | 1.2B | 125.6M | 3.83% | 8.61% | 50.58 | 9.68 | 20.87% | 68.54% |
TNC | 1.2B | 1.1B | -5.55% | -19.25% | 18.06 | 1.1 | 0.13% | 2.16% |
TAYD | 56.4M | 35.4M | -0.42% | 65.63% | 14.26 | 1.6 | 30.59% | 265.52% |
Financials for Altra Industrial Motion
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.0% | 1,946 | 1,946 | 1,949 | 1,939 | 1,900 |
| Gross Profit | 1.9% | 693 | 680 | 681 | 684 | 675 |
| Operating Expenses | -22.7% | 453 | 585 | 583 | 584 | 578 |
| S&GA Expenses | 2.4% | 370 | 361 | 365 | 368 | 369 |
| R&D Expenses | -1.4% | 64.00 | 65.00 | 66.00 | 66.00 | 64.00 |
| EBITDA | 157.1% | 279 | 108 | 110 | 178 | - |
| EBITDA Margin | 157.2% | 0.14* | 0.06* | 0.06* | 0.09* | - |
| Earnings Before Taxes | 981.7% | 189 | 18.00 | 18.00 | 15.00 | 8.00 |
| EBT Margin | 982.0% | 0.10* | 0.01* | 0.01* | 0.01* | - |
| Interest Expenses | 3.3% | 50.00 | 49.00 | 47.00 | 48.00 | 49.00 |
| Net Income | 647.1% | 127 | 17.00 | 19.00 | 33.00 | 28.00 |
| Net Income Margin | 647.2% | 0.07* | 0.01* | 0.01* | 0.02* | - |
| Free Cahsflow | 12.0% | 69.00 | 62.00 | 70.00 | 107 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.6% | 3,677 | 3,618 | 3,694 | 4,125 | 4,131 |
| Current Assets | -0.5% | 836 | 841 | 841 | 1,195 | 1,168 |
| Cash Equivalents | 5.4% | 209 | 198 | 193 | 184 | 246 |
| Inventory | 4.7% | 339 | 324 | 316 | 308 | 268 |
| Net PPE | 4.3% | 275 | 264 | 272 | 276 | 276 |
| Goodwill | 0.6% | 1,500 | 1,491 | 1,521 | 1,556 | 1,564 |
| Current Liabilities | 2.8% | 377 | 367 | 362 | 412 | 417 |
| Long Term Debt | -1.4% | 1,024 | 1,038 | 1,070 | 1,391 | 1,401 |
| Shareholder's Equity | 5.1% | 2,002 | 1,906 | 1,944 | 2,007 | 1,985 |
| Retained Earnings | 4.5% | 382 | 365 | 338 | 317 | 278 |
| Additional Paid-In Capital | 0.2% | 1,728 | 1,724 | 1,723 | 1,718 | 1,718 |
| Accumulated Depreciation | - | 326 | - | - | - | - |
| Shares Outstanding | 0.2% | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 4.7% | 125 | 119 | 124 | 156 | 217 |
| Share Based Compensation | -8.9% | 15.00 | 17.00 | 16.00 | 16.00 | 16.00 |
| Cashflow From Investing | 83.0% | 253 | 138 | 142 | -171 | -163 |
| Cashflow From Financing | -35.1% | -395 | -292 | -335 | -42.50 | -52.50 |
| Dividend Payments | 3.2% | 22.00 | 22.00 | 21.00 | 20.00 | 18.00 |
Risks for AIMC
What is the probability of a big loss on AIMC?
99.6%
Probability that Altra Industrial Motion stock will be more than 20% underwater in next one year
68.1%
Probability that Altra Industrial Motion stock will be more than 30% underwater in next one year.
52.3%
Probability that Altra Industrial Motion stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AIMC drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Altra Industrial Motion was unfortunately bought at previous high price.
Drawdowns
Returns for AIMC
Cumulative Returns on AIMC
10.1%
10-Year Cumulative Returns
13.9%
7-Year Cumulative Returns
7.4%
5-Year Cumulative Returns
57.4%
3-Year Cumulative Returns
What are the long-term rolling returns for AIMC?
FIve years rolling returns for Altra Industrial Motion.
Annualized Returns
Which funds bought or sold AIMC recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-13 | Crystalline Management Inc. | new | - | 1,258,460 | 1,258,460 | 0.63% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -99.13 | -62,633,600 | 987,369 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -21.02 | 4,000 | 14,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -81.00 | -2,942,340 | 1,499,660 | -% |
2023-02-24 | NATIXIS | new | - | 168,555 | 168,555 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | added | 43.66 | 4,097 | 6,097 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | sold off | -100 | -1,189,000 | - | -% |
2023-02-21 | MACQUARIE GROUP LTD | reduced | -15.28 | 44,013,000 | 131,128,000 | 0.16% |
2023-02-17 | TRUIST FINANCIAL CORP | sold off | -100 | -246,000 | - | -% |
2023-02-15 | SYSTEMATIC FINANCIAL MANAGEMENT LP | reduced | -85.98 | -10,599,900 | 3,518,080 | 0.12% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AIMC Alerts
Altra Industrial Motion News
Schedule 13G FIlings of Altra Industrial Motion
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | boston partners | 1.71% | 1,111,218 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.57% | 6,234,553 | SC 13G/A | |
| Jan 25, 2023 | blackrock inc. | 8.9% | 5,769,755 | SC 13G/A | |
| Nov 09, 2022 | earnest partners llc | 2.6% | 1,723,643 | SC 13G/A | |
| Apr 11, 2022 | earnest partners llc | 5.3% | 3,434,437 | SC 13G/A | |
| Feb 11, 2022 | boston partners | 5.02% | 3,259,228 | SC 13G | |
| Feb 09, 2022 | vanguard group inc | 9.11% | 5,914,890 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 8.9% | 5,761,058 | SC 13G/A | |
| Jan 10, 2022 | wasatch advisors inc | - | 0 | SC 13G/A | |
| Feb 16, 2021 | gates capital management, inc. | 0.0% | 0 | SC 13G/A |
AIMC Fair Value
Altra Industrial Motion fair value in different scenarios
The table shows the Fair Value estimates for Altra Industrial Motion for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 13.02 -78.99% | 16.59 -73.23% | 29.07 -53.10% | 50.67 -18.25% | 68.12 9.91% |
| Current Inflation | 12.05 -80.56% | 15.15 -75.56% | 25.84 -58.31% | 44.27 -28.57% | 59.10 -4.65% |
| Very High Inflation | 10.83 -82.53% | 13.39 -78.40% | 21.99 -64.52% | 36.79 -40.64% | 48.63 -21.54% |
Historical Altra Industrial Motion Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Altra Industrial Motion
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 23, 2023 | 8-K | Current Report | |
| Mar 01, 2023 | 10-K | Annual Report | |
| Mar 01, 2023 | 8-K | Current Report | |
| Feb 27, 2023 | 8-K | Current Report | |
| Feb 23, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for AIMC
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-23 | Williams La Vonda | acquired | 32,503 | 61.56 | 528 | - |
2023-02-23 | Hoffman Margot | acquired | 32,503 | 61.56 | 528 | - |
2023-02-23 | HALL J SCOTT | acquired | 32,503 | 61.56 | 528 | - |
2023-02-23 | SWIDARSKI THOMAS W | acquired | 32,503 | 61.56 | 528 | - |
2023-02-23 | WOODWARD JAMES H JR | acquired | 32,503 | 61.56 | 528 | - |
2023-02-23 | Parent Haughey Nicole | acquired | 32,503 | 61.56 | 528 | - |
2023-02-23 | Ganske Lyle G. | acquired | 61,252 | 61.56 | 995 | - |
2022-12-23 | Schuele Craig | acquired | 421,323 | 59.61 | 7,068 | vp marketing and business dev |
2022-12-23 | DEEGAN GLENN E. | acquired | 784,885 | 59.61 | 13,167 | chief legal and hr officer |
2022-12-23 | Patriacca Todd | acquired | 299,302 | 59.61 | 5,021 | evp, cfo and treasurer |
Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion-related applications, and high-volume manufacturing and non-manufacturing processes. It operates in two segments, Power Transmission Technologies (PTT) and Automation & Specialty (A&S). The PTT segment offers couplings, such as gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, universal joints, mill spindles, and shaft locking devices under the Ameridrives, Bibby, Guardian, Huco, Lamiflex, Stromag, and TB Wood's brands; clutches and brakes under the Industrial Clutch, Formsprag, Stieber, Stromag, Svendborg, Twiflex, and Wichita brands; electromagnetic clutches and brakes under the Inertia Dynamics, Matrix, Stromag, and Warner Electric brands; and gears under the Bauer Gear Motor, Boston Gear, Delroyd, and Nuttall brands. The A&S segment provides rotary precision motion solutions, including servo and stepper motors, precision linear actuators, and electronic drives and motion controllers, as well as related software under the Kollmorgen brand; and miniature motors, and motion control products, such as brush and brushless DC, can stack, and disc magnet motors under the Portescap brand. This segment also offers linear bearings, guides, glides, lead and ball screws, industrial linear actuators, resolvers, and inductors for the transition of rotary motion to linear motion under the Thomson brand. It serves in North America, the rest of Europe, Germany, China, the rest of Asia, and internationally. 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. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.
AIMC Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Net sales | $ 1,945.5 | $ 1,899.8 | $ 1,726.0 |
| Cost of sales | 1,252.6 | 1,224.4 | 1,103.6 |
| Gross profit | 692.9 | 675.4 | 622.4 |
| Operating expenses: | |||
| Selling, general and administrative expenses | 370.0 | 368.7 | 332.2 |
| Impairment charges | 13.2 | 142.4 | 147.5 |
| Research and development expenses | 64.1 | 63.9 | 57.8 |
| Restructuring costs | 5.2 | 3.0 | 7.4 |
| Total operating expenses | 452.5 | 578.0 | 544.9 |
| Income from operations | 240.4 | 97.4 | 77.5 |
| Other non-operating income and expense: | |||
| Interest expense, net | 51.5 | 94.5 | 72.1 |
| Other non-operating (income)/expense, net | (0.4) | (4.9) | 1.4 |
| Total other non-operating (income) expense, net | 51.1 | 89.6 | 73.5 |
| Income before income taxes | 189.3 | 7.8 | 4.0 |
| (Benefit)/Provision for income taxes | 62.3 | (19.9) | 29.5 |
| Net income/(loss) | $ 127.0 | $ 27.7 | $ (25.5) |
| Weighted average shares, basic | 65.1 | 64.8 | 64.6 |
| Weighted average shares, diluted | 65.4 | 65.4 | 64.6 |
| Net income/(loss) per share: | |||
| Basic | $ 1.95 | $ 0.43 | $ (0.39) |
| Diluted | 1.94 | 0.42 | (0.39) |
| Cash dividend declared per share | $ 0.35 | $ 0.30 | $ 0.31 |
AIMC Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 208.9 | $ 246.1 |
| Trade receivables, less allowance for credit losses of $4.5 and $4.1 million at December 31, 2022 and 2021, respectively | 244.6 | 224.5 |
| Inventories | 338.9 | 267.8 |
| Income tax receivable | 8.9 | 11.7 |
| Assets held for sale | 377.3 | |
| Prepaid expenses and other current assets | 35.1 | 40.4 |
| Total current assets | 836.4 | 1,167.8 |
| Property, plant and equipment, net | 275.1 | 275.8 |
| Intangible assets, net | 970.4 | 1,057.2 |
| Goodwill | 1,524.5 | 1,564.0 |
| Deferred income taxes | 7.5 | 2.3 |
| Other non-current assets | 21.3 | 13.5 |
| Operating lease right of use assets | 41.4 | 50.0 |
| Total assets | 3,676.6 | 4,130.6 |
| Current liabilities: | ||
| Accounts payable | 165.8 | 173.3 |
| Accrued payroll | 67.9 | 81.8 |
| Accruals and other current liabilities | 88.4 | 77.0 |
| Income tax payable | 22.4 | 6.0 |
| Current portion of long-term debt | 20.4 | 11.1 |
| Liabilities held for sale | 53.0 | |
| Operating lease liabilities | 12.4 | 14.3 |
| Total current liabilities | 377.3 | 416.5 |
| Long-term debt, net of current portion | 1,024.1 | 1,401.0 |
| Deferred income taxes | 216.8 | 250.5 |
| Pension liabilities | 17.3 | 29.9 |
| Long-term taxes payable | 1.8 | 2.7 |
| Other long-term liabilities | 6.3 | 7.3 |
| Operating lease liabilities, net of current portion | 30.6 | 37.6 |
| Stockholders’ equity: | ||
| Common stock ($0.001 par value, 120,000,000 shares authorized, 65,279,961 and 64,923,539 shares issued and outstanding at December 31, 2022 and 2021, respectively) | 0.1 | 0.1 |
| Additional paid-in capital | 1,727.6 | 1,718.4 |
| Retained earnings | 381.7 | 277.6 |
| Accumulated other comprehensive loss | (107.0) | (11.0) |
| Total stockholders’ equity | 2,002.4 | 1,985.1 |
| Total liabilities and stockholders’ equity | $ 3,676.6 | $ 4,130.6 |