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NASDAQ:ALNT

Allient (ALNT) Stock Price, News & Analysis

Allient logo
$23.48 -0.14 (-0.59%)
(As of 12/20/2024 05:15 PM ET)

About Allient Stock (NASDAQ:ALNT)

Key Stats

Today's Range
$23.04
$24.01
50-Day Range
$16.99
$27.55
52-Week Range
$16.91
$36.33
Volume
189,503 shs
Average Volume
105,598 shs
Market Capitalization
$395.52 million
P/E Ratio
26.68
Dividend Yield
0.51%
Price Target
$29.33
Consensus Rating
Moderate Buy

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.

Allient Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

ALNT MarketRank™: 

Allient scored higher than 84% of companies evaluated by MarketBeat, and ranked 156th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Allient's stock forecast and price target.
  • 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 26.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Allient is 26.68, 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 237.69.

  • Price to Book Value per Share Ratio

    Allient has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.19% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allient has recently decreased by 0.94%, indicating that investor sentiment is improving.
  • Dividend Yield

    Allient has a dividend yield of 0.46%, 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.

  • Read more about Allient's dividend.
  • Percentage of Shares Shorted

    1.19% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allient has recently decreased by 0.94%, indicating that investor sentiment is improving.
    • 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.

    • Read more about Allient's insider trading history.
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    ALNT Stock News Headlines

    Allient launches Defense Solutions business unit
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    Roth MKM Reaffirms Their Buy Rating on Allient (ALNT)
    Allient Inc. (ALNT) Q3 2024 Earnings Call Transcript
    See More Headlines

    ALNT Stock Analysis - Frequently Asked Questions

    Allient's stock was trading at $30.21 at the beginning of 2024. Since then, ALNT shares have decreased by 22.3% and is now trading at $23.48.
    View the best growth stocks for 2024 here
    .

    Allient Inc. (NASDAQ:ALNT) posted its earnings results on Wednesday, November, 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 2.64% and a trailing twelve-month return on equity of 10.80%.

    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
    .

    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.

    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

    Last Earnings
    11/06/2024
    Ex-Dividend for 12/5 Dividend
    11/21/2024
    Dividend Payable
    12/05/2024
    Today
    12/21/2024
    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
    $29.33
    High Stock Price Target
    $30.00
    Low Stock Price Target
    $28.00
    Potential Upside/Downside
    +24.9%
    Consensus Rating
    Moderate Buy
    Rating Score (0-4)
    2.67
    Research Coverage
    3 Analysts

    Profitability

    Net Income
    $24.10 million
    Pretax Margin
    3.08%

    Debt

    Sales & Book Value

    Annual Sales
    $548.96 million
    Cash Flow
    $3.38 per share
    Book Value
    $15.52 per share

    Miscellaneous

    Free Float
    14,217,000
    Market Cap
    $395.52 million
    Optionable
    Optionable
    Beta
    1.61
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    This page (NASDAQ:ALNT) was last updated on 12/21/2024 by MarketBeat.com Staff
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