A share price of Atmus Filtration Technologies Inc [ATMU] is currently trading at $37.62, up 1.40%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATMU shares have gain 1.57% over the last week, with a monthly amount drifted -7.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atmus Filtration Technologies Inc [NYSE: ATMU] stock has seen the most recent analyst activity on November 11, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also boosted its price target to $45 from $42. Previously, Northland Capital started tracking the stock with Market Perform rating on January 24, 2024, and set its price target to $26. On June 20, 2023, Wells Fargo initiated with a Overweight rating and assigned a price target of $24 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $24 on June 20, 2023. JP Morgan initiated its recommendation with a Overweight and recommended $28 as its price target on June 20, 2023. Goldman started tracking with a Buy rating for this stock on June 20, 2023, and assigned it a price target of $30. In a note dated June 20, 2023, BofA Securities initiated an Buy rating and provided a target price of $25 on this stock.
Atmus Filtration Technologies Inc experienced fluctuations in its stock price throughout the past year between $24.14 and $45.43. Currently, Wall Street analysts expect the stock to reach $43.5 within the next 12 months. Atmus Filtration Technologies Inc [NYSE: ATMU] shares were valued at $37.62 at the most recent close of the market. An investor can expect a potential return of 15.63% based on the average ATMU price forecast.
Analyzing the ATMU fundamentals
Trailing Twelve Months sales for Atmus Filtration Technologies Inc [NYSE:ATMU] were 1.67B which represents 1.75% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.99 and Total Capital is 0.31. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.67 points at the first support level, and at 35.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.54, and for the 2nd resistance point, it is at 39.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Atmus Filtration Technologies Inc [NYSE:ATMU] is 2.19. Further, the Quick Ratio stands at 1.42, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 1.87, the price to book ratio is 13.71 and price to earnings (TTM) ratio is 16.93.
Transactions by insiders
Recent insider trading involved HAGGERTY GRETCHEN R, Director, that happened on Aug 23 ’24 when 5849.0 shares were purchased. Director, Macadam Stephen E. completed a deal on Aug 07 ’24 to buy 8250.0 shares.
