As of close of business last night, Atmus Filtration Technologies Inc’s stock clocked out at $32.63, down -1.42% from its previous closing price of $33.10. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1388769 shares were traded.
Ratios:
To gain a deeper understanding of ATMU’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.98. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2.72B and an Enterprise Value of 3.18B. As of this moment, Atmus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.87, and their Forward P/E ratio for the next fiscal year is 14.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 31.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67 while its Price-to-Book (P/B) ratio in mrq is 33.68. Its current Enterprise Value per Revenue stands at 1.95 whereas that against EBITDA is 11.61.
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 25.47, while the 200-Day Moving Average is calculated to be 23.02.
Shares Statistics:
It appears that ATMU traded 3.50M shares on average per day over the past three months and 3.96M shares per day over the past ten days. 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 32.79% stake in the company. Shares short for ATMU as of Mar 15, 2024 were 21.21M with a Short Ratio of 6.05, compared to 7.21M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 25.46% and a Short% of Float of 150.05%.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.56, with high estimates of $0.6 and low estimates of $0.48.
Analysts are recommending an EPS of between $2.25 and $2 for the fiscal current year, implying an average EPS of $2.17. EPS for the following year is $2.31, with 6 analysts recommending between $2.46 and $2.09.
Revenue Estimates
A total of 6 analysts have provided revenue estimates for ATMU’s current fiscal year. The highest revenue estimate was $1.66B, while the lowest revenue estimate was $1.62B, resulting in an average revenue estimate of $1.65B. In the same quarter a year ago, actual revenue was $1.63B, up 1.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.71B in the next fiscal year. The high estimate is $1.73B and the low estimate is $1.68B. The average revenue growth estimate for next year is up 3.60% from the average revenue estimate for this year.
