Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Allied Motion Technologies (AMOT) Share Price
News headlines about Allied Motion Technologies (NASDAQ:AMOT) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Allied Motion Technologies earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.4473846949012 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
- Critical Contrast: Keysight Technologies (KEYS) vs. Allied Motion Technologies (AMOT) (americanbankingnews.com)
- Allied Motion Technologies (AMOT) vs. Keysight Technologies (KEYS) Financial Analysis (americanbankingnews.com)
- Comparing Allied Motion Technologies (AMOT) & MKS Instruments (MKSI) (americanbankingnews.com)
- Financial Contrast: Allied Motion Technologies (AMOT) & Cascade Microtech (CSCD) (americanbankingnews.com)
Shares of Allied Motion Technologies (NASDAQ:AMOT) opened at 25.29 on Friday. The firm has a market cap of $239.04 million, a price-to-earnings ratio of 27.25 and a beta of 1.88. Allied Motion Technologies has a one year low of $15.54 and a one year high of $30.31. The company has a 50 day moving average of $26.59 and a 200-day moving average of $24.75.
Allied Motion Technologies (NASDAQ:AMOT) last released its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by $0.07. The business had revenue of $60.34 million for the quarter, compared to the consensus estimate of $62.17 million. Allied Motion Technologies had a net margin of 3.41% and a return on equity of 10.65%. On average, analysts expect that Allied Motion Technologies will post $1.00 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Thursday, August 17th were paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Tuesday, August 15th. Allied Motion Technologies’s payout ratio is currently 11.36%.
A number of research firms have recently issued reports on AMOT. TheStreet cut shares of Allied Motion Technologies from a “b” rating to a “c+” rating in a research note on Tuesday, August 8th. Zacks Investment Research lowered shares of Allied Motion Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, August 18th. Finally, BidaskClub raised shares of Allied Motion Technologies from a “hold” rating to a “buy” rating in a report on Thursday, July 13th.
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About Allied Motion Technologies
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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