The Analyst Verdict: Atmus Filtration Techs In The Eyes Of 4 Experts


4 analysts have expressed a variety of opinions on Atmus Filtration Techs ATMU over the past quarter, offering a diverse set of opinions from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 4 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 2 0 0 0
2M Ago 0 1 0 0 0
3M Ago 0 0 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $34.25, along with a high estimate of $38.00 and a low estimate of $29.00. This upward trend is apparent, with the current average reflecting a 12.92% increase from the previous average price target of $30.33.

Exploring Analyst Ratings: An In-Depth Overview

The analysis of recent analyst actions sheds light on the perception of Atmus Filtration Techs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Tami Zakaria JP Morgan Raises Overweight $38.00 $36.00
Tami Zakaria JP Morgan Raises Overweight $36.00 $27.00
Bobby Brooks Northland Capital Markets Announces Outperform $34.00 -
Robert Mason Baird Raises Outperform $29.00 $28.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Atmus Filtration Techs. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Atmus Filtration Techs compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Atmus Filtration Techs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Atmus Filtration Techs's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Atmus Filtration Techs analyst ratings.

About Atmus Filtration Techs

Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. It designs and manufactures advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. Atmus offers products for first-fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, fuel additives, and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users.

Breaking Down Atmus Filtration Techs's Financial Performance

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Atmus Filtration Techs showcased positive performance, achieving a revenue growth rate of 3.76% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.71%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Atmus Filtration Techs's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 60.47% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Atmus Filtration Techs's ROA stands out, surpassing industry averages. With an impressive ROA of 3.29%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Atmus Filtration Techs's debt-to-equity ratio surpasses industry norms, standing at 7.76. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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