From what 0 stock analysts predict, the share price for Allient Inc (ALNT) might increase by 54.78% in the next year. This is based on a 12-month average estimation for ALNT. Price targets go from $28 to $30. The majority of stock analysts believe ALNT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
ALNT is a stock in Technology which has been forecasted to be worth $29.33 as an average. On the higher end, the forecast price is $30 USD by Greg Palm from Craig-Hallum and on the lower end ALNT is forecasted to be $28 by Gerry Sweeney from Roth MKM.
These are the latest 20 analyst ratings of ALNT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Gerry Sweeney Roth MKM | Buy | $28 | Maintains | Aug 13, 2024 |
Ted Jackson Northland Capital Markets | Market Perform | $30 | Maintains | Aug 9, 2024 |
Greg Palm Craig-Hallum | Buy | $30 | Maintains | Aug 9, 2024 |
Gerry Sweeney Roth MKM | Buy | $39 | Maintains | May 22, 2024 |
Ted Jackson Northland Capital Markets | Market Perform | $40 | Downgrade | Mar 7, 2024 |
Gerry Sweeney Roth MKM | Buy | $42 | Maintains | Mar 7, 2024 |
Greg Palm Craig-Hallum | Buy | $41 | Maintains | Mar 7, 2024 |
Ted Jackson Northland Capital Markets | Outperform | $45 | Upgrade | Apr 12, 2023 |
Ted Jackson Northland Capital Markets | Market Perform | $45 | Downgrade | Mar 6, 2023 |
Ted Jackson Northland Capital Markets | Outperform | $45 | Initiates | Dec 12, 2022 |
Craig-Hallum | Buy | Initiates | Apr 21, 2016 |
When did it IPO
2023
Staff Count
2,287
Country
United States
Sector/Industry
Technology/Electronic Components
CEO
Mr. Richard S. Warzala
Market Cap
$304.7M
In 2023, ALNT generated $578.6M in revenue, which was a increase of 15.04% from the previous year. This can be seen as a signal that ALNT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Allient Inc. (NASDAQ:ALNT) will hold its Q2 2024 earnings conference call on August 8, 2024, at 10:00 AM ET, featuring key company executives and analysts.
Why It Matters - Earnings calls provide insights into a company's financial health, guidance, and strategic direction, influencing stock performance and investor sentiment.
Summary - Allient Inc. (Nasdaq: ALNT) has declared a quarterly cash dividend, signaling a return of capital to shareholders.
Why It Matters - Allient Inc.'s quarterly cash dividend signals financial stability and profitability, potentially attracting income-focused investors and boosting confidence in the company's future performance.
Summary - Allient Inc. (Nasdaq: ALNT) announced its Q2 2024 results, highlighting annualized savings from its Simplify to Accelerate NOW initiatives.
Why It Matters - Allient Inc.'s Q2 results and announced savings indicate improved operational efficiency, potentially boosting profitability and investor confidence in future growth.
Summary - Allient (ALNT) reported quarterly earnings of $0.29 per share, below the Zacks Consensus Estimate of $0.40, and down from $0.58 per share year-over-year.
Why It Matters - Allient's earnings miss indicates weakened performance and could signal potential issues in growth or profitability, likely affecting investor confidence and stock price.
Summary - Allient Inc. will hold a conference call and webcast to discuss its second quarter 2024 financial results.
Why It Matters - Allient Inc.'s financial results announcement may impact stock performance, revealing earnings trends and growth prospects that influence investor sentiment and valuation.
Summary - ADV, ALNT, and CRMT have been designated as Zacks Rank #5 (Strong Sell) as of June 24, 2024. Investors should consider this rating in their decision-making.
Why It Matters - The addition of ADV, ALNT, and CRMT to the Zacks Rank #5 (Strong Sell) suggests potential declines in these stocks, signaling increased risk for current and prospective investors.