That’s why I Feel Comfortable With Allient Inc’s (ALNT) Future

A share price of Allient Inc [ALNT] is currently trading at $25.80, up 0.78%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ALNT shares have gain 10.59% over the last week, with a monthly amount drifted -0.15%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Allient Inc [NASDAQ: ALNT] stock has seen the most recent analyst activity on March 07, 2024, when Northland Capital downgraded its rating to a Market Perform and also revised its price target to $40 from $45. Previously, Northland Capital upgraded its rating to Outperform on April 12, 2023, and kept the price target unchanged to $45. On March 06, 2023, downgrade downgraded it’s rating to Market Perform but maintained its price target of $45 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $57 on January 31, 2020. Dougherty & Company initiated its recommendation with a Neutral. Craig Hallum reiterated a Buy rating for this stock on May 06, 2016, and upped its price target to $33. In a note dated April 21, 2016, Craig Hallum initiated an Buy rating.

Allient Inc experienced fluctuations in its stock price throughout the past year between $16.91 and $36.33. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Allient Inc [NASDAQ: ALNT] shares were valued at $25.80 at the most recent close of the market. An investor can expect a potential return of 74.42% based on the average ALNT price forecast.

Analyzing the ALNT fundamentals

Trailing Twelve Months sales for Allient Inc [NASDAQ:ALNT] were 548.96M which represents -13.84% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.48 points at the first support level, and at 25.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.05, and for the 2nd resistance point, it is at 26.31.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Allient Inc [NASDAQ:ALNT] is 4.10. Also, the Quick Ratio is 2.18, while the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 29.40.

Transactions by insiders

Recent insider trading involved Tzetzo Nicole R, Director, that happened on Nov 12 ’24 when 427.0 shares were purchased. Director, Tzetzo Nicole R completed a deal on Jun 14 ’24 to buy 424.0 shares. Meanwhile, Director Tzetzo Nicole R bought 176.0 shares on Jun 13 ’24.

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