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NASDAQ:ALNT

Allient (ALNT) Stock Price, News & Analysis

$24.82
-0.22 (-0.88%)
(As of 03:07 PM ET)
Today's Range
$24.69
$25.30
50-Day Range
$24.30
$31.39
52-Week Range
$24.15
$40.59
Volume
33,683 shs
Average Volume
71,973 shs
Market Capitalization
$416.48 million
P/E Ratio
16.44
Dividend Yield
0.48%
Price Target
$39.50

Allient MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
59.1% Upside
$39.50 Price Target
Short Interest
Healthy
0.55% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.41mentions of Allient in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$10,528 Bought Last Quarter
Proj. Earnings Growth
19.46%
From $1.85 to $2.21 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.

4.50 out of 5 stars

Computer And Technology Sector

62nd out of 569 stocks

Instruments To Measure Electricity Industry

2nd out of 8 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

Next-Gen AI is Creating Millionaires Right Now
I predict massive unemployment is coming. 800 million could lose their jobs, according to a McKinsey study, and 70% of all existing occupations could see a pay cut because of job elimination, according to Wired magazine.
Allient Inc. (NASDAQ:ALNT) Short Interest Down 12.9% in May
Allient (NASDAQ:ALNT) Shares Down 5.3%
Amherst-based public company names new CFO
Next-Gen AI is Creating Millionaires Right Now
I predict massive unemployment is coming. 800 million could lose their jobs, according to a McKinsey study, and 70% of all existing occupations could see a pay cut because of job elimination, according to Wired magazine.
Amherst public company looking for a new CFO
Amherst company reports record earnings in 2023
Allient just downgraded at Northland, here's why
Allient: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 4/3 Dividend
3/19/2024
Dividend Payable
4/03/2024
Last Earnings
5/08/2024
Ex-Dividend for 6/6 Dividend
5/22/2024
Dividend Payable
6/06/2024
Today
6/26/2024
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
$39.50
High Stock Price Target
$40.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+57.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$24.10 million
Pretax Margin
5.23%

Debt

Sales & Book Value

Annual Sales
$578.63 million
Cash Flow
$3.84 per share
Book Value
$15.52 per share

Miscellaneous

Free Float
14,159,000
Market Cap
$420.17 million
Optionable
Optionable
Beta
1.60
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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 research analysts have issued "buy," "hold," and "sell" ratings for Allient in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research 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 stock. Their ALNT share price targets range from $39.00 to $40.00. On average, they predict the company's share price to reach $39.50 in the next year. This suggests a possible upside of 59.1% 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 stock has decreased by 17.8% and is now trading at $24.82.
View the best growth stocks for 2024 here
.

Are investors shorting Allient?

Allient saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 77,200 shares, a decline of 12.9% from the May 15th total of 88,600 shares. Based on an average daily volume of 78,900 shares, the short-interest ratio is currently 1.0 days. Approximately 0.6% of the company's stock are sold short.
View Allient's Short Interest
.

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) issued its earnings results on Wednesday, May, 8th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.07. The business had revenue of $146.71 million for the quarter, compared to the consensus estimate of $145.84 million. Allient had a net margin of 4.26% and a trailing twelve-month return on equity of 15.26%.

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

Allient announced a quarterly dividend on Wednesday, May 8th. Stockholders of record on Thursday, May 23rd will be paid a dividend of $0.03 per share on Thursday, June 6th. This represents a $0.12 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend is Wednesday, May 22nd.
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 0.48%. The dividend payout ratio is 7.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALNT will have a dividend payout ratio of 5.43% 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 number of institutional and retail investors. Top institutional shareholders include Juniper Investment Company LLC (4.52%), Vanguard Group Inc. (4.35%), Wasatch Advisors LP (3.50%), Pinnacle Associates Ltd. (1.61%), Russell Investments Group Ltd. (0.96%) and Silvercrest Asset Management Group LLC (0.95%). Insiders that own company stock include Ashish Bendre, Michael R Leach and Nicole R Tzetzo.
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 6/26/2024 by MarketBeat.com Staff

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