Atmus Filtration Technologies (ATMU) to Release Earnings on Friday

Atmus Filtration Technologies (NYSE:ATMU) will be releasing its earnings data before the market opens on Friday, May 3rd. Analysts expect Atmus Filtration Technologies to post earnings of $0.59 per share for the quarter. Atmus Filtration Technologies has set its FY24 guidance at $2.10-2.35 EPS and its FY 2024 guidance at 2.100-2.350 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Atmus Filtration Technologies (NYSE:ATMU) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.05. The firm had revenue of $399.70 million during the quarter, compared to analysts’ expectations of $384.55 million. Atmus Filtration Technologies had a net margin of 10.52% and a return on equity of 135.12%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts expect Atmus Filtration Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Atmus Filtration Technologies Trading Up 0.4 %

Shares of ATMU stock opened at $30.86 on Friday. The company has a debt-to-equity ratio of 7.34, a quick ratio of 1.18 and a current ratio of 1.85. The company has a 50 day moving average price of $28.12 and a 200 day moving average price of $24.04. Atmus Filtration Technologies has a fifty-two week low of $18.21 and a fifty-two week high of $33.70.

Analyst Upgrades and Downgrades

ATMU has been the subject of several analyst reports. Northland Securities upgraded shares of Atmus Filtration Technologies from a “market perform” rating to an “outperform” rating and set a $34.00 price target for the company in a report on Wednesday, March 20th. Robert W. Baird upped their price objective on shares of Atmus Filtration Technologies from $29.00 to $37.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 17th. The Goldman Sachs Group upped their price target on shares of Atmus Filtration Technologies from $30.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, JPMorgan Chase & Co. upped their price target on shares of Atmus Filtration Technologies from $36.00 to $38.00 and gave the stock an “overweight” rating in a research note on Monday, April 15th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, Atmus Filtration Technologies has a consensus rating of “Buy” and a consensus target price of $32.67.

About Atmus Filtration Technologies

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.