NASDAQ:ALNT

Allient (ALNT) Stock Price, News & Analysis

$30.44
+0.34 (+1.13%)
(As of 10:09 AM ET)
Today's Range
$30.12
$30.94
50-Day Range
$28.42
$36.18
52-Week Range
$25.12
$40.59
Volume
16,822 shs
Average Volume
59,296 shs
Market Capitalization
$509.54 million
P/E Ratio
20.57
Dividend Yield
0.39%
Price Target
$41.00

Allient MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
36.2% Upside
$41.00 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Allient in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.19 M Sold Last Quarter
Proj. Earnings Growth
13.60%
From $2.28 to $2.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Computer And Technology Sector

128th out of 593 stocks

Instruments To Measure Electricity Industry

3rd out of 9 stocks

ALNT stock logo

About Allient Stock (NASDAQ:ALNT)

Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, authorized manufacturers' representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was incorporated in 1962 and is headquartered in Amherst, New York.

ALNT Stock Price History

ALNT Stock News Headlines

Amherst public company looking for a new CFO
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Amherst company reports record earnings in 2023
Allient just downgraded at Northland, here's why
Allient: Q4 Earnings Snapshot
Allient Declares Quarterly Cash Dividend
Allient's Earnings Outlook
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Ex-Dividend for 4/3 Dividend
3/19/2024
Dividend Payable
4/03/2024
Today
5/10/2024
Ex-Dividend for 6/6 Dividend
5/22/2024
Dividend Payable
6/06/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Instruments to measure electricity
Sub-Industry
N/A
Current Symbol
NASDAQ:ALNT
Employees
2,287
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$42.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+34.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$24.10 million
Pretax Margin
5.13%

Debt

Sales & Book Value

Annual Sales
$578.63 million
Cash Flow
$3.90 per share
Book Value
$15.52 per share

Miscellaneous

Free Float
14,128,000
Market Cap
$509.54 million
Optionable
Optionable
Beta
1.64
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Key Executives

  • Mr. Richard S. Warzala (Age 71)
    Chairman, CEO & President
    Comp: $2.35M
  • Mr. Michael R. Leach (Age 55)
    Senior VP & CFO
    Comp: $767.26k
  • Mr. Kenneth A. May (Age 60)
    VP & CTO
    Comp: $337.42k
  • Mr. Helmut D. Pirthauer (Age 53)
    VP & Group President of Allied Dynamos Group
    Comp: $502.86k
  • Mr. Ashish R. Bendre (Age 54)
    VP & Group President of Allied Orion Group
    Comp: $523.22k
  • Alex Collichio
    General Counsel & Chief Administrative Officer
  • Steve Warzala
    Chief Growth Officer
  • Mr. Joseph P. Kubarek
    Secretary

ALNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Allient stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allient in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALNT shares.
View ALNT analyst ratings
or view top-rated stocks.

What is Allient's stock price target for 2024?

2 equities research analysts have issued 12 month price targets for Allient's shares. Their ALNT share price targets range from $40.00 to $42.00. On average, they predict the company's stock price to reach $41.00 in the next year. This suggests a possible upside of 36.2% from the stock's current price.
View analysts price targets for ALNT
or view top-rated stocks among Wall Street analysts.

How have ALNT shares performed in 2024?

Allient's stock was trading at $30.21 at the start of the year. Since then, ALNT shares have decreased by 0.4% and is now trading at $30.10.
View the best growth stocks for 2024 here
.

When is Allient's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our ALNT earnings forecast
.

How were Allient's earnings last quarter?

Allient Inc. (NASDAQ:ALNT) announced its earnings results on Tuesday, March, 5th. The company reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.30. The firm had revenue of $141 million for the quarter, compared to analysts' expectations of $132.65 million. Allient had a trailing twelve-month return on equity of 15.60% and a net margin of 4.16%.

How often does Allient pay dividends? What is the dividend yield for Allient?

Allient announced a quarterly dividend on Tuesday, March 5th. Shareholders of record on Wednesday, March 20th will be given a dividend of $0.03 per share on Wednesday, April 3rd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Tuesday, March 19th.
Read our dividend analysis for ALNT
.

Is Allient a good dividend stock?

Allient (NASDAQ:ALNT) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALNT will have a dividend payout ratio of 4.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALNT.

What ETFs hold Allient's stock?

ETFs with the largest weight of Allient (NASDAQ:ALNT) stock in their portfolio include Gabelli Automation ETF (GAST).ProShares S&P Kensho Smart Factories ETF (MAKX).

Who are Allient's major shareholders?

Allient's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (3.50%), Pinnacle Associates Ltd. (1.61%), Russell Investments Group Ltd. (0.96%), Isthmus Partners LLC (0.58%), Confluence Investment Management LLC (0.57%) and North Star Investment Management Corp. (0.43%). Insiders that own company stock include Ashish Bendre and Michael R Leach.
View institutional ownership trends
.

How do I buy shares of Allient?

Shares of ALNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALNT) was last updated on 5/10/2024 by MarketBeat.com Staff

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