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Allient (ALNT) is a Great Momentum Stock: Should You Buy?
Allient Allient (US:ALNT) ZACKSยท2025-05-23 18:58

Company Overview - Allient (ALNT) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a track record of outperformance in the market [4] Price Performance - Over the past week, ALNT shares have increased by 11.96%, outperforming the Zacks Electronics - Miscellaneous Components industry, which rose by 5.88% [6] - In a longer time frame, ALNT's shares have shown a monthly price change of 40.86%, compared to the industry's 13.03% [6] - Over the past quarter, ALNT shares have increased by 21.86%, and over the last year, they have gained 14.05%, while the S&P 500 has moved -2.55% and 11.45%, respectively [7] Trading Volume - The average 20-day trading volume for ALNT is 116,318 shares, which serves as a useful price-to-volume baseline [8] Earnings Outlook - In the past two months, one earnings estimate for ALNT has moved higher, while none have moved lower, increasing the consensus estimate from $1.84 to $1.93 [10] - For the next fiscal year, two estimates have moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, ALNT is positioned as a promising investment opportunity [12]