Allient (NASDAQ:ALNT - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $119.72 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Allient Trading Down 0.4 %
Shares of NASDAQ:ALNT traded down $0.10 during mid-day trading on Friday, reaching $24.88. The stock had a trading volume of 70,173 shares, compared to its average volume of 86,210. The firm has a market cap of $419.10 million, a PE ratio of 28.27 and a beta of 1.61. The firm has a 50 day simple moving average of $25.30 and a two-hundred day simple moving average of $22.70. The company has a current ratio of 4.10, a quick ratio of 2.18 and a debt-to-equity ratio of 0.85. Allient has a twelve month low of $16.91 and a twelve month high of $36.33.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on ALNT shares. Northland Securities upgraded shares of Allient from a "market perform" rating to an "outperform" rating and increased their price target for the company from $30.00 to $35.00 in a research report on Tuesday, February 11th. Northland Capmk raised Allient from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 11th.
Read Our Latest Analysis on Allient
Allient Company Profile
(
Get Free Report)
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.
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