Atmus Filtration Technologies Inc (ATMU): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Pollution & Treatment Controls industry segment, falling under the Industrials sector. The current market capitalization of Atmus Filtration Technologies Inc is $3.23B. A total of 0.64 million shares were traded on the day, compared to an average of 1.04M shares.

In the most recent transaction, HAGGERTY GRETCHEN R bought 5,849 shares of ATMU for 34.20 per share on Aug 23 ’24. After the transaction, the Director now owns 19,882 company shares. In a previous transaction on Aug 07 ’24, Macadam Stephen E. bought 8,250 shares at 31.56 per share. ATMU shares that Director owns now total 32,083.

Among the insiders who bought shares, Macadam Stephen E. acquired of 5,200 shares on Nov 09 ’23 at a per-share price of $19.49. This resulted in the Director holding 19,268 shares of ATMU after the transaction.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Atmus Filtration Technologies Inc pays an annual dividend of $0.05, resulting in a dividend yield of 0.13%, and it has a price to earnings (P/E) ratio of 18.60. ATMU’s most recent ex-dividend date was 8/1/2024 when it declared a $0.05 quarterly dividend that was paid in cash on 8/14/2024.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ATMU has a high of $38.99 and a low of $18.21.

As of this writing, ATMU has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.55 per share and a lower estimate of $0.44. The company reported an EPS of $0.45 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ATMU’s latest balance sheet shows that the firm has $0.00 in Cash & Short Term Investments as of fiscal 2021. There were $9.80M in debt and $319.90M in liabilities at the time. Its Book Value Per Share was $2.14, while its Total Shareholder’s Equity was $437.20M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ATMU is Buy with a score of 4.86.

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