ALNT Stock Summary and Trading Ideas (Allient | NASDAQ:ALNT)

Allient Inc, formerly Allied Motion Technologies Inc designs, manufactures, and sells precision and specialty motion control components and systems. The firm primarily caters to the vehicle, medical, aerospace and defense, and electronics and industrial, pumps, and robotics sectors. It mainly operates and sells across the United States, Canada, South America, Europe, and Asia. Its products and solutions include nano precision positioning systems, servo control systems, motion controllers, digital servo amplifiers and drives, brushless servo, torque, and coreless motors, brush motors, integrated motor drives, gear motors, gearing, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues.

Allient trades on the NASDAQ stock market under the symbol ALNT.

As of January 14, 2025, ALNT stock price climbed to $24.36 with 52,738 million shares trading.

ALNT has a beta of 1.79, meaning it tends to be more sensitive to market movements. ALNT has a correlation of 0.19 to the broad based SPY ETF.

ALNT has a market cap of $410.32 million. This is considered a Small Cap stock.

Last quarter Allient reported $125 million in Revenue and $.31 earnings per share. This beat revenue expectation by $693,000 and exceeded earnings estimates by $.08.

The top ETF exchange traded funds that ALNT belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.

ALNT has underperformed the market in the last year with a return of -13.8%, while SPY returned +23.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ALNT shares. However, ALNT has outperformed the market in the last 3 month and 2 week periods, returning +28.7% and +1.5%, while SPY returned +0.8% and -1.0%, respectively. This indicates ALNT has been having a stronger performance recently.

ALNT support price is $23.23 and resistance is $24.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALNT shares will trade within this expected range on the day.