On Monday, Atmus Filtration Technologies Inc (NYSE: ATMU) was 3.56% up from the session before settling in for the closing price of $32.58. A 52-week range for ATMU has been $18.21 – $35.85.
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A company in the Industrials sector has jumped its sales by 9.84% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 0.82%. With a float of $82.89 million, this company’s outstanding shares have now reached $83.30 million.
In an organization with 4500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.16%, operating margin of 15.41%, and the pretax margin is 13.67%.
Atmus Filtration Technologies Inc (ATMU) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atmus Filtration Technologies Inc stocks. The insider ownership of Atmus Filtration Technologies Inc is 0.56%, while institutional ownership is 107.84%. The most recent insider transaction that took place on Aug 23 ’24, was worth 200,000. In this transaction Director of this company bought 5,849 shares at a rate of $34.20, taking the stock ownership to the 19,882 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Director bought 8,250 for $31.56, making the entire transaction worth $260,370. This insider now owns 32,083 shares in total.
Atmus Filtration Technologies Inc (ATMU) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.45 earnings per share (EPS) during the time that was better than consensus figure (set at 0.45) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.82% per share during the next fiscal year.
Atmus Filtration Technologies Inc (NYSE: ATMU) Trading Performance Indicators
You can see what Atmus Filtration Technologies Inc (ATMU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70. Likewise, its price to free cash flow for the trailing twelve months is 42.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.09, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of Atmus Filtration Technologies Inc (ATMU)
Let’s dig in a bit further. During the last 5-days, its volume was 0.84 million. That was inferior than the volume of 2.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.51%. Additionally, its Average True Range was 1.03.
During the past 100 days, Atmus Filtration Technologies Inc’s (ATMU) raw stochastic average was set at 74.36%, which indicates a significant increase from 36.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.35% in the past 14 days, which was higher than the 34.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.48, while its 200-day Moving Average is $27.71. However, in the short run, Atmus Filtration Technologies Inc’s stock first resistance to watch stands at $34.16. Second resistance stands at $34.59. The third major resistance level sits at $35.40. If the price goes on to break the first support level at $32.92, it is likely to go to the next support level at $32.11. Assuming the price breaks the second support level, the third support level stands at $31.68.
Atmus Filtration Technologies Inc (NYSE: ATMU) Key Stats
There are 83,356K outstanding shares of the company, which has a market capitalization of 2.81 billion. As of now, sales total 1,628 M while income totals 171,300 K. Its latest quarter income was 432,600 K while its last quarter net income were 56,200 K.
