Investor’s Delight: Atmus Filtration Technologies Inc (ATMU) Closes Weak at 28.45, Down -4.08

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The closing price of Atmus Filtration Technologies Inc (NYSE: ATMU) was $28.45 for the day, down -4.08% from the previous closing price of $29.66. In other words, the price has decreased by -$4.08 from its previous closing price. On the day, 2.9 million shares were traded. ATMU stock price reached its highest trading level at $29.71 during the session, while it also had its lowest trading level at $28.15.

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 15.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 5.17 whereas as Long-Term Debt/Eq ratio is at 5.01.

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:

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 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 2472336384 and an Enterprise Value of 2851376128. As of this moment, Atmus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.45, and their Forward P/E ratio for the next fiscal year is 12.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 28.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 19.47. Its current Enterprise Value per Revenue stands at 1.743 whereas that against EBITDA is 10.801.

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 -8.20%, while the 200-Day Moving Average is calculated to be 16.32%.

Shares Statistics:

ATMU traded an average of 3.79M shares per day over the past three months and 1237870 shares per day over the past ten days. A total of 83.30M shares are outstanding, with a floating share count of 82.90M. Insiders hold about 0.55% of the company’s shares, while institutions hold 104.90% stake in the company. Shares short for ATMU as of 1715731200 were 3099708 with a Short Ratio of 0.82, compared to 1713139200 on 5100881. Therefore, it implies a Short% of Shares Outstanding of 3099708 and a Short% of Float of 3.73.

Earnings Estimates

At present, 6.0 analysts are actively evaluating the performance of Atmus Filtration Technologies Inc (ATMU) in the stock market.On average, analysts expect EPS of $0.57 for the current quarter, with a high estimate of $0.59 and a low estimate of $0.55, while EPS last year was $0.55. The consensus estimate for the next quarter is $0.54, with high estimates of $0.55 and low estimates of $0.51.

Analysts are recommending an EPS of between $2.3 and $2.21 for the fiscal current year, implying an average EPS of $2.24. EPS for the following year is $2.35, with 6.0 analysts recommending between $2.46 and $2.28.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $426M to a low estimate of $407M. As of the current estimate, Atmus Filtration Technologies Inc’s year-ago sales were $399.78MFor the next quarter, 6 analysts are estimating revenue of $401.88M. There is a high estimate of $408.53M for the next quarter, whereas the lowest estimate is $396.2M.

A total of 6 analysts have provided revenue estimates for ATMU’s current fiscal year. The highest revenue estimate was $1.67B, while the lowest revenue estimate was $1.64B, resulting in an average revenue estimate of $1.65B. In the same quarter a year ago, actual revenue was $1.63BBased 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 $1.69B.

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