Altra Industrial Motion (AIMC) Tops Q3 EPS by 2c

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Altra Holdings (AIMC) PT Lowered to $56 at BMO Capital on 3Q Report; 'Still See a Long Earnings Runway, But Inflation a Tether'

October 23, 2017 9:26 AM EDT

BMO Capital lowered its price target on Altra Holdings (NASDAQ: AIMC) to $56.00 (from $57.00) while maintaining a Outperform rating, following the company's third quarter earnings.

Analyst R. Scott Graham notes a cautious outlook on shares, citing disappoints fourth quarter EPS expectations, despite the... More

Altra Holdings (AIMC) PT Raised to $49 at Baird Following 3Q Release

October 23, 2017 8:49 AM EDT

Baird raised its price target on Altra Holdings (NASDAQ: AIMC) to $49.00 (from $48.00) while maintaining a Neutral rating following the company's 3Q earnings report. Altra reported adjusted EPS of $0.48 (vs. $0.46 consensus). Overall revenue increased 24% yoy to $215 million (vs. $216 million estimates; +1.5% FX tailwind, +20% Stromag).

2017 adjusted... More