Allied Motion Technologies, Inc. (AMOT) Set to Announce Quarterly Earnings on Tuesday
Allied Motion Technologies, Inc. (NASDAQ:AMOT) is scheduled to announce its earnings results after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.27 per share for the quarter.
Allied Motion Technologies (NASDAQ:AMOT) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.07). Allied Motion Technologies had a return on equity of 10.65% and a net margin of 3.41%. The business had revenue of $60.34 million during the quarter, compared to analysts’ expectations of $62.17 million. On average, analysts expect Allied Motion Technologies to post $1 EPS for the current fiscal year and $1.25 EPS for the next fiscal year.
Allied Motion Technologies, Inc. (AMOT) opened at 27.1078 on Tuesday. The stock has a 50 day moving average price of $25.83 and a 200 day moving average price of $25.76. The company has a market cap of $256.22 million, a price-to-earnings ratio of 29.2110 and a beta of 1.90. Allied Motion Technologies, Inc. has a 12 month low of $15.54 and a 12 month high of $30.31.
A number of analysts have weighed in on AMOT shares. Zacks Investment Research upgraded Allied Motion Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, October 9th. TheStreet lowered Allied Motion Technologies from a “b” rating to a “c+” rating in a report on Tuesday, August 8th. Finally, BidaskClub upgraded Allied Motion Technologies from a “hold” rating to a “buy” rating in a report on Thursday, July 13th.
Allied Motion Technologies Company Profile
Allied Motion Technologies Inc designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications.
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