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The closing price of Atmus Filtration Technologies Inc (NYSE: ATMU) was $35.22 for the day, down -0.09% from the previous closing price of $35.25. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 0.57 million shares were traded. ATMU stock price reached its highest trading level at $35.555 during the session, while it also had its lowest trading level at $35.04.
Ratios:
Our analysis of ATMU’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.68. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 2911422720 and an Enterprise Value of 3357723392. As of this moment, Atmus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.92, 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 3.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 10.97. Its current Enterprise Value per Revenue stands at 2.023 whereas that against EBITDA is 11.398.
Stock Price History:
The Beta on a monthly basis for ATMU is 1.72, which has changed by 0.25472033 over the last 52 weeks, in comparison to a change of 0.092761636 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 $27.72. The 50-Day Moving Average of the stock is -1.33%, while the 200-Day Moving Average is calculated to be -8.17%.
Shares Statistics:
ATMU traded an average of 818.46K shares per day over the past three months and 540850 shares per day over the past ten days. A total of 82.66M shares are outstanding, with a floating share count of 82.12M. Insiders hold about 0.66% of the company’s shares, while institutions hold 100.94% stake in the company. Shares short for ATMU as of 1748563200 were 1385959 with a Short Ratio of 1.69, compared to 1745971200 on 1348271. Therefore, it implies a Short% of Shares Outstanding of 1385959 and a Short% of Float of 1.87.
Dividends & Splits
With its trailing 12-month dividend rate of 0.15, ATMU has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.0042553195
