Allient (ALNT) AI Stock Analysis

Company Guidance

Management's guidance and forward-looking commentary emphasized continued margin and cash improvement alongside disciplined investment and deleveraging: they expect full‑year restructuring/realignment costs of ~$2–3M, 2026 STAN savings of roughly $5–7M (after $10M in 2024 and $6M in 2025) with a 2–3 year runway for similar annual savings, and full‑year capex of $12–15M (YTD $7.1M); they expect a full‑year tax rate of 21–23% (Q2 effective 20.2%) and noted IEEPA tariff refund claims of about $1.3M (no receivable recorded). Balance‑sheet and cash guidance highlighted total debt of $173.3M, net debt $131.2M, leverage 1.63x, bank leverage 2.07x, cash ≈$42M and $162M of unused revolver capacity, with operating cash flow of $14M in Q2 ($20M YTD) and inventory turnover of 3.1x. The guidance is supported by the quarter's operating momentum (Q2 revenue $153.8M, +10% Y/Y, +9% organic; gross margin 34.9% [+170 bps], gross profit $53.6M; operating income $15.6M, 10.2% margin; net income $10.4M, $0.61 diluted; adjusted net income $13.5M, $0.80; adjusted EBITDA $23.7M, 15.4%) plus record bookings of $201.3M (book‑to‑bill 1.31x) and backlog of $298M (most expected to convert in 3–9 months).