Allied Motion Technologies Inc (NASDAQ:AMOT) Sentiment Report

June 19, 2018 - By Darrin Black

Allied Motion Technologies Inc. (NASDAQ:AMOT) Logo

Sentiment for Allied Motion Technologies Inc (NASDAQ:AMOT)

Allied Motion Technologies Inc (NASDAQ:AMOT) institutional sentiment decreased to 1.7 in Q1 2018. Its down -0.55, from 2.25 in 2017Q4. The ratio fall, as 46 funds increased and opened new holdings, while 27 reduced and sold positions in Allied Motion Technologies Inc. The funds in our partner’s database reported: 4.40 million shares, up from 3.98 million shares in 2017Q4. Also, the number of funds holding Allied Motion Technologies Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 25 Increased: 25 New Position: 21.

Allied Motion Technologies Inc. designs, makes, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. The company has market cap of $460.53 million. It provides electronic motion control products, including integrated power electronics, digital controls, and network communications for motor control and power conversion; and fractional horsepower brushless DC motors for medical, industrial, and commercial aviation applications, such as dialysis equipment, industrial ink jet printers, cash dispensers, bar code readers, laser scanning equipment, fuel injection systems, HVAC actuators, waste water treatment equipment, dosing systems for the medical industry, and textile manufacturing and document handling equipment. It has a 47.11 P/E ratio. The firm also offers engineered fractional horsepower permanent magnet DC and brushless DC motors for a range of original equipment applications; and brushless DC motors, including servo motors, frameless motors, torque motors, high speed slotless motors, high resolution encoders, and motor/encoder assemblies for medical equipment, semiconductor, industrial, and aerospace and defense markets.

The stock increased 2.47% or $1.17 during the last trading session, reaching $48.57. About 45,911 shares traded. Allied Motion Technologies Inc. (NASDAQ:AMOT) has risen 89.46% since June 19, 2017 and is uptrending. It has outperformed by 76.89% the S&P500.

Analysts await Allied Motion Technologies Inc. (NASDAQ:AMOT) to report earnings on August, 1. They expect $0.38 EPS, up 58.33 % or $0.14 from last year’s $0.24 per share. AMOT’s profit will be $3.60 million for 31.95 P/E if the $0.38 EPS becomes a reality. After $0.45 actual EPS reported by Allied Motion Technologies Inc. for the previous quarter, Wall Street now forecasts -15.56 % negative EPS growth.

Ack Asset Management Llc holds 3.81% of its portfolio in Allied Motion Technologies Inc. for 381,500 shares. Thomson Horstmann & Bryant Inc owns 383,413 shares or 1.99% of their US portfolio. Moreover, G2 Investment Partners Management Llc has 1.53% invested in the company for 97,675 shares. The New York-based Walthausen & Co. Llc has invested 0.92% in the stock. Investment Management Of Virginia Llc, a Virginia-based fund reported 56,293 shares.

Allied Motion Technologies Inc. (NASDAQ:AMOT) Institutional Positions Chart

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