Allient (ALNT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $23.98 to $25.06
• 50-Day Range: $16.99 to $24.91
• 52-Week Range: $16.91 to $36.33
• Volume: 224,863 shs
• Average Volume: 102,159 shs
• Market Capitalization: $418.94 million
• P/E Ratio: 28.26
• Dividend Yield: 0.48%
• Price Target: $29.33
• Consensus Rating: Moderate Buy

Allient Stock Analysis - MarketRank™

Allient scored higher than 84% of companies evaluated by MarketBeat, and ranked 160th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Allient has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Allient has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.97%

Earnings Growth

Earnings for Allient are expected to grow by 27.97% in the coming year, from $1.43 to $1.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Allient is 28.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Allient is 28.26, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.20.

Price to Book Value per Share Ratio

Allient has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.81% of the float of Allient has been sold short.

Short Interest Ratio / Days to Cover

Allient has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Allient has recently increased by 64.13%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Allient has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Allient does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Allient is 13.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Allient will have a dividend payout ratio of 6.56% next year. This indicates that Allient will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.81% of the float of Allient has been sold short.

Short Interest Ratio / Days to Cover

Allient has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Allient has recently increased by 64.13%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.02

News Sentiment

Allient has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Allient this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for ALNT on MarketBeat in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Allient insiders have bought more of their company's stock than they have sold. Specifically, they have bought $9,983.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

15.60% of the stock of Allient is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

61.57% of the stock of Allient is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ALNT Stock Analysis - Frequently Asked Questions

How have ALNT shares performed this year?

Allient's stock was trading at $30.21 on January 1st, 2024. Since then, ALNT shares have decreased by 17.7% and is now trading at $24.87.
View the best growth stocks for 2024 here.

How were Allient's earnings last quarter?

Allient Inc. (NASDAQ:ALNT) released its earnings results on Wednesday, November, 6th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.10. The business had revenue of $125.21 million for the quarter, compared to analyst estimates of $124.28 million. Allient had a trailing twelve-month return on equity of 10.80% and a net margin of 2.64%.

Who are Allient's major shareholders?

Allient's top institutional shareholders include FMR LLC (6.85%), Wasatch Advisors LP (2.89%), Geode Capital Management LLC (2.04%) and State Street Corp (1.82%). Insiders that own company stock include Michael R Leach, Ashish Bendre 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.

What other stocks do shareholders of Allient own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allient investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), Broadcom (AVGO), Palo Alto Networks (PANW) and Invesco QQQ (QQQ).

Company Calendar

• Ex-Dividend for 9/5 Dividend: 8/22/2024
• Dividend Payable: 9/05/2024
• Last Earnings: 11/06/2024
• Today: 11/20/2024
• Ex-Dividend for 12/5 Dividend: 11/21/2024
• Dividend Payable: 12/05/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Instruments to measure electricity
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ALNT
• CUSIP: N/A
• CIK: 46129
• Web: www.allient.com
• Phone: 716-242-8634
• Fax: 303-799-8521
• Employees: 2,287
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $29.33
• High Stock Price Target: $30.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +17.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.88
• Trailing P/E Ratio: 28.26
• Forward P/E Ratio: 17.39
• P/E Growth: N/A
• Net Income: $24.10 million
• Net Margins: 2.64%
• Pretax Margin: 3.08%
• Return on Equity: 10.80%
• Return on Assets: 4.75%

Debt

• Debt-to-Equity Ratio: 0.85
• Current Ratio: 4.10
• Quick Ratio: 2.18

Sales & Book Value

• Annual Sales: $548.96 million
• Price / Sales: 0.76
• Cash Flow: $3.98 per share
• Price / Cash Flow: 6.25
• Book Value: $15.52 per share
• Price / Book: 1.60

Miscellaneous

• Outstanding Shares: 16,845,000
• Free Float: 14,217,000
• Market Cap: $418.94 million
• Optionable: Optionable
• Beta: 1.51