Is A Downturn Overdue? Altra Industrial Motion Corp. (NASDAQ:AIMC), Dillard’s Inc. (NYSE:DDS)?

The shares of Altra Industrial Motion Corp. (NASDAQ:AIMC) has been pegged with a rating of Sector Weight by KeyBanc Capital Markets in its latest research note that was published on September 24, 2019. KeyBanc Capital Markets wasn’t the only research firm that published a report of Altra Industrial Motion Corp., with other equities research analysts also giving their opinion on the stock. Sidoti advised investors in its research note published on August 30, 2018, to Buy the AIMC stock while also putting a $51 price target. The stock had earned Overweight rating from KeyBanc Capital Mkts Markets when it published its report on August 30, 2018. Sidoti was of a view that AIMC is Neutral in its latest report on October 04, 2017. Robert W. Baird thinks that AIMC is worth Neutral rating. This was contained in the firm’s report on January 22, 2015 in which the stock’s price target was also moved to 28.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $49.00. The price of the stock the last time has raised by 52.25% from its 52-Week high price while it is -52.46% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 38.34.

The shares of the company added by 14.04% during the trading session on Wednesday, reaching a low of $15.81 while ending the day at $18.27. During the trading session, a total of 947940.0 shares were traded which represents a -128.03% decline from the average session volume which is 415700.0 shares. AIMC had ended its last session trading at $16.02. Altra Industrial Motion Corp. currently has a market cap of $964.29 million, while its P/E ratio stands at 9.26, while its P/E earnings growth sits at 0.61, with a beta of 2.35. Altra Industrial Motion Corp. debt-to-equity ratio currently stands at 0.82, while its quick ratio hovers at 1.30 AIMC 52-week low price stands at $12.00 while its 52-week high price is $38.43.

The company in its last quarterly report recorded $0.66 earnings per share which is below the predicted by most analysts. The Altra Industrial Motion Corp. generated 167.3 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.69 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -21.21%. Altra Industrial Motion Corp. has the potential to record 2.56 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Telsey Advisory Group published a research note on February 26, 2020 where it informed investors and clients that Dillard’s Inc. (NYSE:DDS) is now rated as Market Perform. Their price target on the stock stands at $65. Odeon also rated DDS as Initiated on January 24, 2020, with its price target of $60 suggesting that DDS could surge by 0.49% from its current share price. Even though the stock has been trading at $47.07/share, analysts expect it to down by -4.87% to reach $45.00/share. It started the day trading at $50.00 and traded between $43.54 and $44.78 throughout the trading session.

A look at its technical shows that DDS’s 50-day SMA is 58.13 while its 200-day SMA stands at 64.63. The stock has a high of $86.71 for the year while the low is $33.28. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 6.0 M shorted shares, the short percentage went higher by 9.95%, as 6.60M AIMC shares were shorted. At the moment, only 47.04% of Dillard’s Inc. shares were sold short. The company’s P/E ratio currently sits at 10.25, while the P/B ratio is 0.69. The company’s average trading volume currently stands at 372.80K shares, which means that the short-interest ratio is just 16.11 days. Over the past seven days, the company moved, with its shift of 12.40%. Looking further, the stock has dropped -37.94% over the past 90 days while it lost -23.06% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Newport Trust Co. sold more DDS shares, decreasing its portfolio by -0.52% during the last quarter. This move now sees The Newport Trust Co. selling -37,621 shares in the last quarter, thus it now holds 7,175,639 shares of DDS, with a total valuation of $403,916,719.

Similarly, Dimensional Fund Advisors LP decreased its Dillard’s Inc. shares by 1.27% during the recently filed quarter. After selling 1,558,029 shares in the last quarter, the firm now controls -19,984 shares of Dillard’s Inc. which are valued at $87,701,452. In the same vein, BlackRock Fund Advisors decreased its Dillard’s Inc. shares by during the most recent reported quarter. The firm sold 55,078 shares during the quarter which decreased its stakes to 1,219,923 shares and is now valued at $68,669,466. Following these latest developments, around 17.40% of Dillard’s Inc. stocks are owned by institutional investors and hedge funds.