EPS for Steel Dynamics, Inc. (STLD) Expected At $0.55; Altra Industrial Motion (AIMC) Sellers Increased By 6.73% Their Shorts

January 14, 2018 - By Michael Collier

Analysts expect Steel Dynamics, Inc. (NASDAQ:STLD) to report $0.55 EPS on January, 23.They anticipate $0.12 EPS change or 27.91% from last quarter’s $0.43 EPS. STLD’s profit would be $130.32M giving it 21.37 P/E if the $0.55 EPS is correct. After having $0.66 EPS previously, Steel Dynamics, Inc.’s analysts see -16.67% EPS growth. The stock decreased 0.23% or $0.11 during the last trading session, reaching $47.01. About 1.89M shares traded. Steel Dynamics, Inc. (NASDAQ:STLD) has risen 44.39% since January 14, 2017 and is uptrending. It has outperformed by 27.69% the S&P500.

Altra Industrial Motion Corporation (NASDAQ:AIMC) had an increase of 6.73% in short interest. AIMC’s SI was 426,500 shares in January as released by FINRA. Its up 6.73% from 399,600 shares previously. With 92,700 avg volume, 5 days are for Altra Industrial Motion Corporation (NASDAQ:AIMC)’s short sellers to cover AIMC’s short positions. The SI to Altra Industrial Motion Corporation’s float is 1.51%. 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.

Since August 1, 2017, it had 0 insider buys, and 9 selling transactions for $3.76 million activity. Shares for $84,250 were sold by Schuele Craig. Another trade for 25,000 shares valued at $1.21 million was made by Michael Lipscomb S on Thursday, October 26. Christenson Carl R also sold $470,000 worth of Altra Industrial Motion Corp. (NASDAQ:AIMC) on Wednesday, September 13. Another trade for 15,000 shares valued at $667,515 was sold by Ferris Gerald P. $79,147 worth of Altra Industrial Motion Corp. (NASDAQ:AIMC) shares were sold by DEEGAN GLENN E..

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.

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

Investors sentiment decreased to 1.3 in Q3 2017. 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. Employees Retirement Association Of Colorado has invested 0.1% in Altra Industrial Motion Corp. (NASDAQ:AIMC). Keybank Association Oh has 0.01% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC) for 21,375 shares. Moreover, Citadel Advisors Ltd Liability Corporation has 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC). Aperio Lc has 0% invested in Altra Industrial Motion Corp. (NASDAQ:AIMC). Barclays Public Limited accumulated 23,743 shares. Campbell & Communication Adviser Ltd Llc stated it has 0.21% in Altra Industrial Motion Corp. (NASDAQ:AIMC). 28,570 were accumulated by Teachers Retirement Systems Of The State Of Kentucky. Natl Bank Of Montreal Can accumulated 0% or 60 shares. American Intl Gru Incorporated has invested 0% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC). Vanguard Grp Incorporated holds 2.33 million shares or 0.01% of its portfolio. Loomis Sayles And Communication Limited Partnership reported 290,086 shares. 173,844 were accumulated by Morgan Stanley. Lord Abbett & Ltd Co accumulated 0.01% or 81,900 shares. Jacobs Levy Equity invested 0% of its portfolio in Altra Industrial Motion Corp. (NASDAQ:AIMC). C M Bidwell accumulated 0.32% or 4,275 shares.

Investors sentiment decreased to 0.83 in 2017 Q3. Its down 0.43, from 1.26 in 2017Q2. It turned negative, as 50 investors sold Steel Dynamics, Inc. shares while 146 reduced holdings. 40 funds opened positions while 123 raised stakes. 190.76 million shares or 1.92% less from 194.51 million shares in 2017Q2 were reported. Dnb Asset Mngmt As owns 0.4% invested in Steel Dynamics, Inc. (NASDAQ:STLD) for 876,700 shares. 18,708 are held by Catawba Capital Mgmt Va. New York-based Qs Investors Ltd Liability Company has invested 0.09% in Steel Dynamics, Inc. (NASDAQ:STLD). Thrivent Fincl For Lutherans stated it has 3.49M shares. Miles Cap accumulated 24,655 shares or 0.48% of the stock. Frontier Cap Mgmt Lc has 223,179 shares. Cipher Limited Partnership stated it has 0.05% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Eaton Vance holds 0.02% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD) for 273,772 shares. Eventide Asset Ltd Co accumulated 1.7% or 871,000 shares. Credit Agricole S A accumulated 71,660 shares. Employees Retirement Association Of Colorado holds 0.01% or 47,879 shares. Tower Rech Lc (Trc) reported 0.02% of its portfolio in Steel Dynamics, Inc. (NASDAQ:STLD). Renaissance Limited Liability Co has 1.26M shares. Lpl Fin Limited Liability Company has 0.01% invested in Steel Dynamics, Inc. (NASDAQ:STLD). Burney holds 15,294 shares.

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