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ALNT Allient News Story

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Allient Q1 revenue slightly beats estimates on strong industrial & vehicle demand

Overview

U.S. motion and controls maker's Q1 revenue rose 5%, slightly beating analyst expectations

Adjusted EPS for Q1 rose to $0.50 from $0.46 a year earlier

Company orders rose 15% yr/yr, with book-to-bill ratio at 1.14x

Outlook

Allient expects full-year 2026 capital expenditures of $12 mln to $15 mln

Company projects 2026 effective income tax rate of 21% to 23%

Allient says most backlog expected to convert to revenue within three to nine months

Result Drivers

INDUSTRIAL & VEHICLE DEMAND - Growth in industrial automation, power quality solutions, and commercial automotive drove revenue increases

FOREIGN CURRENCY IMPACT - Revenue growth benefited from a $5.1 mln favorable foreign currency translation effect

GROSS MARGIN GAINS - Margin expansion attributed to higher sales volume, improved product mix, and operational improvements

Company press release: ID:nBw81NltRa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueSlight Beat*$138.92 mln$138.37 mln (5 Analysts)
Q1 EPS$0.32
Q1 Net Income$5.36 mln
Q1 Gross Profit$45.38 mln
Q1 Operating Income$9.32 mln
Q1 Pretax Profit$6.78 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the electrical components & equipment peer group is "buy" Wall Street's median 12-month price target for Allient Inc is $72.00, about 7.7% below its May 5 closing price of $78.00 The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 24 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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