AMOT Intrinsic Stock Value – ALLIED MOTION TECHNOLOGIES Reports Second Quarter FY2023 Earnings Results on August 2 2023
August 9, 2023
🌥️Earnings Overview
ALLIED MOTION TECHNOLOGIES ($NASDAQ:AMOT) reported their second quarter earnings results for FY2023, which ended on June 30 2023, on August 2 2023. A total revenue of USD 146.8 million was reported, up 19.6% from the same period in the prior year. Moreover, a net income of USD 6.8 million was reported, a 47.8% increase compared to the same quarter of the previous year.
Share Price
The stock opened at $38.8 and closed at $39.5, a 1.4% increase from the last closing price of $39.0. This was a positive sign for investors, as it showed that the company had a successful quarter. Their products are designed with a focus on high performance, reliability, and precision. The company has been working to develop more efficient and cost-effective products for their customers, and these results are an indication that their strategy is paying off. The company also reported strong sales and profits during the second quarter. They saw growth in all of their major markets, including aerospace, automotive, medical, and industrial.
This shows that ALLIED MOTION TECHNOLOGIES is continuing to gain market share in these industries. Overall, the results from the second quarter of FY2023 are encouraging for ALLIED MOTION TECHNOLOGIES stockholders. The company is demonstrating its ability to create innovative products and capitalize on growth opportunities in their target markets. The future looks bright for ALLIED MOTION TECHNOLOGIES, and investors should be optimistic about the company’s potential moving forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AMOT. More…
| Total Revenues | Net Income | Net Margin |
| 557.8 | 23.39 | 4.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AMOT. More…
| Operations | Investing | Financing |
| 23.16 | -21.46 | -6.27 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AMOT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 585.49 | 348.7 | 14.56 |
Key Ratios Snapshot
Some of the financial key ratios for AMOT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.3% | 18.1% | 7.6% |
| FCF Margin | ROE | ROA |
| 1.3% | 11.4% | 4.5% |
Analysis – AMOT Intrinsic Stock Value
We at GoodWhale have conducted an in-depth analysis of ALLIED MOTION TECHNOLOGIES. Our proprietary Valuation Line indicates that the fair value for ALLIED MOTION TECHNOLOGIES’ share is approximately $39.8. Currently, ALLIED MOTION TECHNOLOGIES’ stock is trading at $39.5, a fair price. This demonstrates the overall accuracy of our Valuation Line and the success of our analysis. More…
Peers
The company’s products are used in a variety of applications, including automotive, aerospace, medical, and industrial. Allied Motion Technologies Inc has a strong competitive position in the motion control market, with a broad product portfolio and a strong market presence. The company’s main competitors are OPT Machine Vision Tech Co Ltd, Gefran SpA, and Micropac Industries Inc.
– OPT Machine Vision Tech Co Ltd ($SHSE:688686)
MACHINE VISION TECH CO LTD is a Taiwan-based company principally engaged in the research, development, production and sale of machine vision products. The Company’s machine vision products mainly include high-definition area scan cameras, line scan cameras, intelligent vision sensors, imaging lenses and lighting products, which are applied in semiconductor inspection, solar cell inspection, electronics assembly inspection, food and beverage inspection, medical diagnosis, intelligent traffic and other fields. The Company operates businesses in domestic market and overseas markets.
– Gefran SpA ($LTS:0EKI)
Gefran is a leading global supplier of motion control products and systems. The company’s products are used in a wide range of industries, including automotive, aerospace, semiconductor, and medical. Gefran has a strong history of innovation and a commitment to quality and customer service. The company’s products are available in more than 50 countries around the world.
– Micropac Industries Inc ($OTCPK:MPAD)
Microcap Industries Inc is a company that manufactures electronic components and equipment. It has a market cap of 33.52M and a ROE of 5.15%. The company’s products are used in a variety of industries, including automotive, aerospace, and communications. Microcap Industries Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol MICP.
Summary
Allied Motion Technologies had a strong second quarter, ending June 30th 2023 with total revenue of USD 146.8 million, 19.6% higher than the same period in the previous year. Net income was also reported to be USD 6.8 million, a 47.8% increase from the same quarter of the previous year. This is encouraging news for investors, as it indicates strong growth and profitability from the company. Looking forward, investors should keep an eye on the company’s future performance to ensure that it can maintain its momentum in the years to come.
Related Posts
Recent Posts
