14-Jan-2025
No headlines found.
Atmus Filtration Technologies Reports Third Quarter 2024 Results
Business Wire (Fri, 8-Nov 6:35 AM ET)
Business Wire (Fri, 18-Oct 6:44 AM ET)
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.
Atmus Filtration Techs trades on the NYSE stock market under the symbol ATMU.
As of January 14, 2025, ATMU stock price climbed to $41.07 with 529,655 million shares trading.
ATMU has a beta of 1.19, meaning it tends to be more sensitive to market movements. ATMU has a correlation of 0.19 to the broad based SPY ETF.
ATMU has a market cap of $3.41 billion. This is considered a Mid Cap stock.
Last quarter Atmus Filtration Techs reported $404 million in Revenue and $.61 earnings per share. This beat revenue expectation by $290,000 and exceeded earnings estimates by $.12.
The top ETF exchange traded funds that ATMU belongs to (by Net Assets): VTI, VB, IWM, VBR, VXF.
ATMU has outperformed the market in the last year with a price return of +81.7% while the SPY ETF gained +23.6%. ATMU has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.2% and +4.8%, respectively, while the SPY returned 0.0% and -0.7%, respectively.
ATMU support price is $38.85 and resistance is $40.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATMU shares will trade within this expected range on the day.