Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Atmus Filtration Technologies Inc (NYSE: ATMU) closed at $43.96 up 4.00% from its previous closing price of $42.27. In other words, the price has increased by $4.00 from its previous closing price. On the day, 1.22 million shares were traded. ATMU stock price reached its highest trading level at $43.97 during the session, while it also had its lowest trading level at $42.22.
Ratios:
For a deeper understanding of Atmus Filtration Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 1.83.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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.
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 3611401728 and an Enterprise Value of 4044801280. As of this moment, Atmus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.42, and their Forward P/E ratio for the next fiscal year is 16.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 11.23. Its current Enterprise Value per Revenue stands at 2.407 whereas that against EBITDA is 13.447.
Stock Price History:
The Beta on a monthly basis for ATMU is 1.63, which has changed by 0.3410616 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, ATMU has reached a high of $45.43, while it has fallen to a 52-week low of $30.94. The 50-Day Moving Average of the stock is 17.20%, while the 200-Day Moving Average is calculated to be 14.02%.
Shares Statistics:
For the past three months, ATMU has traded an average of 717.01K shares per day and 937170 over the past ten days. A total of 82.15M shares are outstanding, with a floating share count of 81.61M. Insiders hold about 0.66% of the company’s shares, while institutions hold 102.13% stake in the company. Shares short for ATMU as of 1753920000 were 2202685 with a Short Ratio of 3.07, compared to 1751241600 on 2114351. Therefore, it implies a Short% of Shares Outstanding of 2202685 and a Short% of Float of 2.9899999999999998.
Earnings Estimates
Its stock is currently analyzed by 5.0 different market analysts. The consensus estimate for the next quarter is $0.59, with high estimates of $0.62 and low estimates of $0.58.
Analysts are recommending an EPS of between $2.6 and $2.55 for the fiscal current year, implying an average EPS of $2.57. EPS for the following year is $2.72, with 5.0 analysts recommending between $2.86 and $2.6.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $415.22M this quarter.It ranges from a high estimate of $420M to a low estimate of $411.67M. As of the current estimate, Atmus Filtration Technologies Inc’s year-ago sales were $403.7MFor the next quarter, 5 analysts are estimating revenue of $423.04M. There is a high estimate of $431.1M for the next quarter, whereas the lowest estimate is $414.8M.
A total of 5 analysts have provided revenue estimates for ATMU’s current fiscal year. The highest revenue estimate was $1.72B, while the lowest revenue estimate was $1.7B, resulting in an average revenue estimate of $1.71B. In the same quarter a year ago, actual revenue was $1.67BBased on 5 analysts’ estimates, the company’s revenue will be $1.79B in the next fiscal year. The high estimate is $1.83B and the low estimate is $1.73B.
