Altra Industrial Motion Corp. (AIMC) Reaches $51.55 52-Week High; Container Store Group (TCS)’s Sentiment Is 1.38

January 14, 2018 - By Clifton Ray

The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) hit a new 52-week high and has $54.64 target or 6.00% above today’s $51.55 share price. The 9 months bullish chart indicates low risk for the $1.51 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $54.64 price target is reached, the company will be worth $90.54M more. The stock increased 0.68% or $0.35 during the last trading session, reaching $51.55. About 77,679 shares traded. Altra Industrial Motion Corp. (NASDAQ:AIMC) has risen 63.08% since January 14, 2017 and is uptrending. It has outperformed by 46.38% the S&P500.

The Container Store Group, Inc. engages in the retailing of storage and organization products and solutions in the United States. The company has market cap of $236.66 million. The firm operates through two divisions, The Container Store and Elfa. It has a 49 P/E ratio. The Company’s retail stores provide various lifestyle products, including bath, box, closets, collections, containers, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.19, from 1.49 in 2017Q2. It worsened, as 10 investors sold Altra Industrial Motion Corp. shares while 43 reduced holdings. 27 funds opened positions while 42 raised stakes. 28.80 million shares or 0.96% more from 28.53 million shares in 2017Q2 were reported. Millennium Mngmt Limited accumulated 161,262 shares or 0.01% of the stock. Michigan-based Comerica National Bank & Trust has invested 0.01% in Altra Industrial Motion Corp. (NASDAQ:AIMC). State Of Wisconsin Investment Board reported 194,197 shares or 0.03% of all its holdings. Tudor Invest Et Al reported 0.01% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Wasatch invested in 977,955 shares. Bank Of Mellon reported 0% stake. Sg Americas Ltd Co accumulated 19,887 shares. First Personal Services has invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Nuveen Asset Ltd Limited Liability Company reported 401,066 shares or 0.13% of all its holdings. Renaissance Ltd Company accumulated 248,100 shares. Barclays Public Limited Com holds 23,743 shares or 0% of its portfolio. Aperio Grp Ltd Com reported 7,441 shares. Morgan Stanley reported 0% stake. Parkside National Bank & Trust & Tru invested 0% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Legal And General Plc owns 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 7,584 shares.

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company has market cap of $1.51 billion. The firm operates through three divisions: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It has a 36 P/E ratio. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, gas and oil, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, gas and oil drilling platforms, mining, material handling, marine, and wind turbine applications.

Analysts await Altra Industrial Motion Corp. (NASDAQ:AIMC) to report earnings on February, 26. They expect $0.49 EPS, up 19.51% or $0.08 from last year’s $0.41 per share. AIMC’s profit will be $14.34M for 26.30 P/E if the $0.49 EPS becomes a reality. After $0.48 actual EPS reported by Altra Industrial Motion Corp. for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

Among 3 analysts covering Altra Holdings (NASDAQ:AIMC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Altra Holdings has $57.0 highest and $23 lowest target. $50.33’s average target is -2.37% below currents $51.55 stock price. Altra Holdings had 12 analyst reports since February 4, 2016 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $4900 target in Tuesday, June 27 report. BMO Capital Markets initiated it with “Outperform” rating and $32 target in Tuesday, April 5 report. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) has “Hold” rating given on Wednesday, October 4 by Robert W. Baird. The rating was maintained by Robert W. Baird with “Hold” on Friday, October 20. Robert W. Baird maintained Altra Industrial Motion Corp. (NASDAQ:AIMC) on Monday, October 23 with “Neutral” rating. The company was maintained on Wednesday, July 26 by BMO Capital Markets. The firm earned “Hold” rating on Wednesday, December 13 by Robert W. Baird. The rating was maintained by Jefferies on Thursday, June 15 with “Hold”. The stock of Altra Industrial Motion Corp. (NASDAQ:AIMC) earned “Buy” rating by BMO Capital Markets on Monday, October 16. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, September 6 report.

Since August 1, 2017, it had 0 insider purchases, and 9 sales for $3.76 million activity. Schuele Craig also sold $84,250 worth of Altra Industrial Motion Corp. (NASDAQ:AIMC) on Wednesday, October 18. 10,000 shares were sold by Christenson Carl R, worth $460,000 on Friday, August 25. Shares for $1.21 million were sold by Michael Lipscomb S on Thursday, October 26. 15,000 Altra Industrial Motion Corp. (NASDAQ:AIMC) shares with value of $667,515 were sold by Ferris Gerald P. DEEGAN GLENN E. sold 1,825 shares worth $79,147.

Leonard Green & Partners L.P. holds 17.23% of its portfolio in The Container Store Group, Inc. for 27.51 million shares. Rutabaga Capital Management Llc Ma owns 1.20 million shares or 1.08% of their US portfolio. Moreover, Spark Investment Management Llc has 0.08% invested in the company for 355,300 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.06% in the stock. Indexiq Advisors Llc, a New York-based fund reported 204,899 shares.

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