Atmus Filtration Technologies (ATMU) to Release Earnings on Wednesday

Atmus Filtration Technologies (NYSE:ATMU) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Atmus Filtration Technologies to post earnings of $0.53 per share and revenue of $399.24 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Atmus Filtration Technologies (NYSE:ATMU) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.09. The firm had revenue of $404.00 million during the quarter, compared to analyst estimates of $403.40 million. Atmus Filtration Technologies had a return on equity of 134.28% and a net margin of 10.84%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share. On average, analysts expect Atmus Filtration Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Atmus Filtration Technologies Price Performance

NYSE:ATMU opened at $40.76 on Tuesday. The business’s 50-day moving average is $40.77 and its 200 day moving average is $38.39. Atmus Filtration Technologies has a 12 month low of $21.21 and a 12 month high of $45.43. The company has a market capitalization of $3.39 billion, a P/E ratio of 18.96, a P/E/G ratio of 4.30 and a beta of 1.80. The company has a current ratio of 2.11, a quick ratio of 1.35 and a debt-to-equity ratio of 2.61.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Robert W. Baird upped their price objective on Atmus Filtration Technologies from $42.00 to $48.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Wells Fargo & Company decreased their price target on shares of Atmus Filtration Technologies from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, Northland Securities increased their price objective on shares of Atmus Filtration Technologies from $49.00 to $50.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.80.

Atmus Filtration Technologies Company Profile

Atmus Filtration Technologies Inc designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.