Atmus Filtration Technologies Inc (ATMU) soared 6.75 in the last month: It’s impossible to believe the numbers

Atmus Filtration Technologies Inc (NYSE: ATMU) kicked off on Friday, up 6.75% from the previous trading day, before settling in for the closing price of $41.47. Over the past 52 weeks, ATMU has traded in a range of $18.73-$42.96.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 9.84%. While this was happening, its average annual earnings per share was recorded 2.20%. With a float of $82.89 million, this company’s outstanding shares have now reached $83.30 million.

The extent of productivity of a business whose workforce counts for 4500 workers is very important to gauge. In terms of profitability, gross margin is 24.27%, operating margin of 13.27%, and the pretax margin is 11.82%.

Atmus Filtration Technologies Inc (ATMU) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Atmus Filtration Technologies Inc is 0.56%, while institutional ownership is 106.22%. 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

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.42 earnings per share (EPS), higher than consensus estimate (set at 0.4) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.20% per share during the next fiscal year.

Atmus Filtration Technologies Inc (NYSE: ATMU) Trading Performance Indicators

Take a look at Atmus Filtration Technologies Inc’s (ATMU) current performance indicators. Last quarter, stock had a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.37. Likewise, its price to free cash flow for the trailing twelve months is 54.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.16, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.48 in one year’s time.

Technical Analysis of Atmus Filtration Technologies Inc (ATMU)

The latest stats from [Atmus Filtration Technologies Inc, ATMU] show that its last 5-days average volume of 1.13 million was inferior to 1.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.05%. Additionally, its Average True Range was 1.22.

During the past 100 days, Atmus Filtration Technologies Inc’s (ATMU) raw stochastic average was set at 97.70%, which indicates a significant increase from 94.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.47% in the past 14 days, which was higher than the 31.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.72, while its 200-day Moving Average is $31.08. Now, the first resistance to watch is $45.24. This is followed by the second major resistance level at $46.21. The third major resistance level sits at $47.76. If the price goes on to break the first support level at $42.72, it is likely to go to the next support level at $41.17. Assuming the price breaks the second support level, the third support level stands at $40.20.

Atmus Filtration Technologies Inc (NYSE: ATMU) Key Stats

The company with the Market Capitalisation of 3.94 billion has total of 83,359K Shares Outstanding. Its annual sales at the moment are 1,628 M in contrast with the sum of 171,300 K annual income. Company’s last quarter sales were recorded 432,600 K and last quarter income was 56,200 K.