Atmus Filtration Technologies (ATMU) Set to Announce Earnings on Friday

Atmus Filtration Technologies (NYSE:ATMU) will release 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Atmus Filtration Technologies (NYSE:ATMU) last announced its earnings results on Wednesday, February 14th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.44 by $0.05. The company had revenue of $399.70 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 3.8% on a year-over-year basis. 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 Down 0.4 %

Shares of ATMU stock opened at $30.17 on Thursday. The firm has a 50-day moving average of $28.76 and a 200-day moving average of $24.35. The company has a current ratio of 1.85, a quick ratio of 1.18 and a debt-to-equity ratio of 7.34. Atmus Filtration Technologies has a one year low of $18.21 and a one year high of $33.70.

Wall Street Analysts Forecast Growth

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

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.