News coverage about Allied Motion Technologies (NASDAQ:AMOT) has trended somewhat positive on Friday, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Allied Motion Technologies earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.7341749324297 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Allied Motion (AMOT) Raises Quarterly Dividend 20% to $0.03; 0.3% Yield (streetinsider.com)
- Analysts Set $37.00 Target Price for Allied Motion Technologies (AMOT) (americanbankingnews.com)
- Free Post Earnings Research Report: A. O. Smith Delivered Record Quarterly Sales; Adjusted EPS Surged 20% (finance.yahoo.com)
- Did Allied Motion Technologies Inc’s (NASDAQ:AMOT) Recent Earnings Growth Beat The Trend? (finance.yahoo.com)
Allied Motion Technologies opened at $47.73 on Friday, Marketbeat Ratings reports. The company has a market cap of $448.30 million, a PE ratio of 39.12, a P/E/G ratio of 2.04 and a beta of 1.82. Allied Motion Technologies has a fifty-two week low of $46.47 and a fifty-two week high of $47.05. The company has a quick ratio of 1.55, a current ratio of 2.57 and a debt-to-equity ratio of 0.66.
Allied Motion Technologies (NASDAQ:AMOT) last issued its quarterly earnings data on Wednesday, May 2nd. The technology company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.15. The company had revenue of $76.58 million during the quarter. Allied Motion Technologies had a net margin of 3.58% and a return on equity of 14.64%. sell-side analysts predict that Allied Motion Technologies will post 1.45 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 30th. Investors of record on Thursday, May 17th will be paid a $0.03 dividend. This is an increase from Allied Motion Technologies’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Wednesday, May 16th. This represents a $0.12 dividend on an annualized basis and a yield of 0.25%. Allied Motion Technologies’s payout ratio is 9.84%.
Several analysts have recently weighed in on the stock. ValuEngine raised shares of Allied Motion Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. BidaskClub raised shares of Allied Motion Technologies from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. Finally, TheStreet downgraded shares of Allied Motion Technologies from a “b-” rating to a “c+” rating in a research note on Tuesday, April 3rd.
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.
Receive News & Ratings for Allied Motion Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Motion Technologies and related companies with MarketBeat.com's FREE daily email newsletter.