Allied Motion Technologies (AMOT) Set to Announce Earnings on Wednesday

Allied Motion Technologies (NASDAQ:AMOT) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, October 31st. Analysts expect Allied Motion Technologies to post earnings of $0.36 per share for the quarter.

Allied Motion Technologies (NASDAQ:AMOT) last issued its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Allied Motion Technologies had a net margin of 4.04% and a return on equity of 16.27%. The firm had revenue of $79.98 million for the quarter.

Shares of AMOT stock opened at $41.30 on Tuesday. Allied Motion Technologies has a 12 month low of $27.74 and a 12 month high of $55.47. The company has a current ratio of 2.67, a quick ratio of 1.59 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $380.05 million, a price-to-earnings ratio of 33.85, a PEG ratio of 3.43 and a beta of 2.13.

A number of equities analysts have commented on the stock. Dougherty & Co upgraded shares of Allied Motion Technologies from a “neutral” rating to a “buy” rating in a report on Monday. BidaskClub downgraded shares of Allied Motion Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. Finally, Zacks Investment Research downgraded shares of Allied Motion Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Two analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $53.00.

Allied Motion Technologies Company Profile

Allied Motion Technologies, Inc designs, manufactures, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. It provides automotive brushless (BL) DC motors, power steering solutions, and special purpose motors; fractional horsepower permanent magnet DC and BLDC motors serving a range of original equipment applications; and high performance BLDC motors, including servo motors, frameless motors, torque motors, slot less motors, high resolution encoders, and motor/encoder assemblies.

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Earnings History for Allied Motion Technologies (NASDAQ:AMOT)

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