Atmus Filtration Technologies Inc [NYSE: ATMU] slipped around -0.26 points on Wednesday, while shares priced at $30.75 at the close of the session, down -0.84%.
Compared to the average trading volume of 3.82M shares, ATMU reached a trading volume of 3221048 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Atmus Filtration Technologies Inc [ATMU]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ATMU shares is $34.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ATMU stock is a recommendation set at 1.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Atmus Filtration Technologies Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on January 24, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Overweight. The new note on the price target was released on June 20, 2023, representing the official price target for Atmus Filtration Technologies Inc stock. Previously, the target price had yet another raise to $24, while Robert W. Baird analysts kept a Outperform rating on ATMU stock.
The Average True Range (ATR) for Atmus Filtration Technologies Inc is set at 0.97, with the Price to Sales ratio for ATMU stock in the period of the last 12 months amounting to 1.57. The Price to Book ratio for the last quarter was 31.74, with the Price to Cash per share for the same quarter was set at 2.02. Price to Free Cash Flow for ATMU in the course of the last twelve months was 17.89 with Quick ratio for the last quarter at 1.18.
How has ATMU stock performed recently?
Atmus Filtration Technologies Inc [ATMU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.50. With this latest performance, ATMU shares gained by 0.23% in over the last four-week period, additionally plugging by 55.62% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ATMU stock in for the last two-week period is set at 52.84, with the RSI for the last a single of trading hit 41.79, and the three-weeks RSI is set at 58.30 for Atmus Filtration Technologies Inc [ATMU]. The present Moving Average for the last 50 days of trading for this stock 27.73, while it was recorded at 30.90 for the last single week of trading, and 23.57 for the last 200 days.
Atmus Filtration Technologies Inc [ATMU]: Deeper insight into the fundamentals
Atmus Filtration Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.18 and a Current Ratio set at 1.85.
Earnings analysis for Atmus Filtration Technologies Inc [ATMU]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ATMU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Atmus Filtration Technologies Inc go to 0.50%.
Insider trade positions for Atmus Filtration Technologies Inc [ATMU]
The top three institutional holders of ATMU stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ATMU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ATMU stock with ownership which is approximately 5.8386%.
