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After finishing at $30.79 in the prior trading day, Atmus Filtration Technologies Inc (NYSE: ATMU) closed at $31.01, up 0.71%. In other words, the price has increased by $0.71 from its previous closing price. On the day, 1.15 million shares were traded. ATMU stock price reached its highest trading level at $31.41 during the session, while it also had its lowest trading level at $30.67.
Ratios:
Our goal is to gain a better understanding of ATMU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 7.76 whereas as Long-Term Debt/Eq ratio is at 7.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on January 24, 2024, initiated with a Market Perform rating and assigned the stock a target price of $26.
On June 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $24.
On June 20, 2023, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $24.Robert W. Baird initiated its Outperform rating on June 20, 2023, with a $24 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 09 ’23 when Macadam Stephen E. bought 5,200 shares for $19.49 per share. The transaction valued at 101,348 led to the insider holds 19,268 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATMU now has a Market Capitalization of 2584866560 and an Enterprise Value of 3023490560. As of this moment, Atmus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.09, and their Forward P/E ratio for the next fiscal year is 13.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 30.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 32.01. Its current Enterprise Value per Revenue stands at 1.857 whereas that against EBITDA is 11.62.
Stock Price History:
Over the past 52 weeks, ATMU has reached a high of $33.70, while it has fallen to a 52-week low of $18.21. The 50-Day Moving Average of the stock is 13.22%, while the 200-Day Moving Average is calculated to be 31.99%.
Shares Statistics:
The stock has traded on average 3.81M shares per day over the past 3-months and 1814410 shares per day over the last 10 days, according to various share statistics. A total of 83.30M shares are outstanding, with a floating share count of 82.88M. Insiders hold about 0.51% of the company’s shares, while institutions hold 33.58% stake in the company. Shares short for ATMU as of 1711584000 were 4841582 with a Short Ratio of 1.27, compared to 1709164800 on 11182249. Therefore, it implies a Short% of Shares Outstanding of 4841582 and a Short% of Float of 5.83.
