Growth Story Still Intact For Atmus Filtration Technologies Inc (ATMU)

Atmus Filtration Technologies Inc (ATMU) concluded trading on Wednesday at a closing price of $22.06, with 5.8 million shares of worth about $127.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.08% during that period and on Wednesday the price saw a loss of about -1.30%. Currently the company’s common shares owned by public are about 83.30M shares, out of which, 16.05M shares are available for trading.

However, the stock later moved at a day high price of 22.48, or with a loss of -1.30%. Stock saw a price change of 1.99% in past 5 days and over the past one month there was a price change of -2.17%. Over the period of past 52 weeks, stock dropped to lowest price of $18.21 but also hit the highest price of $25.39 during that period. The average intraday trading volume for Atmus Filtration Technologies Inc shares is 369.48K. The stock is currently trading -0.90% below its 20-day simple moving average (SMA20), while that difference is down -3.81% for SMA50 and it goes to 0.07% higher than SMA200.

Atmus Filtration Technologies Inc (NYSE: ATMU) currently have 83.30M outstanding shares and institutions hold larger chunk of about 30.79% of that.

The stock has a current market capitalization of $1.84B. PE ratio of stock for trailing 12 months is 10.73, while it has posted earnings per share of $2.06 in the same period. Its PEG reads 21.46 and has Quick Ratio of 1.18 while making debt-to-equity ratio of 7.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ATMU, volatility over the week remained 2.99% while standing at 2.94% over the month.

Analysts are in expectations that Atmus Filtration Technologies Inc (ATMU) stock would likely to be making an EPS of $0.4 in the current quarter, while forecast for next quarter EPS is $0.48 and it is $2.03 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.3 which is $0.45 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -10.17% while it is estimated to increase by 6.83% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on January 24, 2024 offering a Market perform rating for the stock and assigned a target price of $26 to it.

Most Popular

Related Posts