Atmus Filtration Technologies (ATMU) Expected to Announce Earnings on Wednesday

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) will likely be announcing its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $399.24 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) last posted its earnings results on Friday, November 8th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.09. Atmus Filtration Technologies had a net margin of 10.84% and a return on equity of 134.28%. The firm had revenue of $404.00 million during the quarter, compared to analysts' expectations of $403.40 million. During the same period in the previous year, the business posted $0.52 EPS. The business's revenue was up 2.0% compared to the same quarter last year. 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 Stock Performance

Shares of ATMU traded up $0.29 during trading hours on Friday, hitting $40.93. The stock had a trading volume of 487,334 shares, compared to its average volume of 559,612. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.35 and a current ratio of 2.11. The firm has a 50-day moving average price of $40.77 and a 200 day moving average price of $38.28. Atmus Filtration Technologies has a fifty-two week low of $21.21 and a fifty-two week high of $45.43. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 4.30 and a beta of 1.80.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Atmus Filtration Technologies from $39.00 to $47.00 and gave the stock an "overweight" rating in a research report on Friday, October 11th. Wells Fargo & Company reduced their price objective on shares of Atmus Filtration Technologies from $45.00 to $40.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Robert W. Baird upped their price objective on shares of Atmus Filtration Technologies from $42.00 to $48.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. Finally, Northland Securities upped their price objective on shares of Atmus Filtration Technologies from $49.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price 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.