For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Atmus Filtration Technologies Inc (NYSE: ATMU) closed at $36.39 in the last session, down -1.28% from day before closing price of $36.86. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
We take a closer look at ATMU’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 2.23. In the meantime, Its Debt-to-Equity ratio is 2.37 whereas as Long-Term Debt/Eq ratio is at 2.22.
On November 11, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also upped its target price recommendation from $42 to $45.
On January 24, 2024, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $26.Northland Capital initiated its Market Perform rating on January 24, 2024, with a $26 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when HAGGERTY GRETCHEN R bought 5,849 shares for $34.20 per share. The transaction valued at 200,000 led to the insider holds 19,882 shares of the business.
Macadam Stephen E. bought 8,250 shares of ATMU for $260,370 on Aug 07 ’24. The Director now owns 32,083 shares after completing the transaction at $31.56 per share.
Valuation Measures:
As of this moment, Atmus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.44, and their Forward P/E ratio for the next fiscal year is 13.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 11.34.
Stock Price History:
Over the past 52 weeks, ATMU has reached a high of $45.43, while it has fallen to a 52-week low of $27.62. The 50-Day Moving Average of the stock is 1.23%, while the 200-Day Moving Average is calculated to be -4.65%.
Shares Statistics:
A total of 82.66M shares are outstanding, with a floating share count of 82.10M. Insiders hold about 0.69% of the company’s shares, while institutions hold 100.95% stake in the company.
