Atmus Filtration Technologies (NYSE:ATMU) Announces Earnings Results, Beats Estimates By $0.04 EPS

Atmus Filtration Technologies (NYSE:ATMU - Get Free Report) posted its earnings results on Friday. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.04, RTT News reports. Atmus Filtration Technologies had a return on equity of 120.81% and a net margin of 11.12%. The company had revenue of $110.50 million during the quarter, compared to analyst estimates of $424.03 million. During the same quarter in the prior year, the business earned $0.60 earnings per share. Atmus Filtration Technologies's revenue was down 2.3% on a year-over-year basis. Atmus Filtration Technologies updated its FY 2025 guidance to 2.350-2.600 EPS.

Atmus Filtration Technologies Stock Performance

Shares of NYSE:ATMU traded up $1.12 during midday trading on Thursday, reaching $36.70. The company's stock had a trading volume of 392,664 shares, compared to its average volume of 908,923. The firm has a market capitalization of $3.03 billion, a PE ratio of 16.61, a P/E/G ratio of 3.99 and a beta of 1.81. The stock has a fifty day moving average of $35.62 and a 200 day moving average of $39.03. Atmus Filtration Technologies has a twelve month low of $27.62 and a twelve month high of $45.43. The company has a quick ratio of 1.35, a current ratio of 2.11 and a debt-to-equity ratio of 2.61.

Atmus Filtration Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th were issued a $0.05 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $0.20 annualized dividend and a yield of 0.54%. Atmus Filtration Technologies's dividend payout ratio (DPR) is presently 9.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Wells Fargo & Company raised their target price on shares of Atmus Filtration Technologies from $35.00 to $37.00 and gave the company an "equal weight" rating in a research note on Monday. JPMorgan Chase & Co. raised their price objective on Atmus Filtration Technologies from $38.00 to $41.00 and gave the stock an "overweight" rating in a research report on Monday. Finally, Robert W. Baird reduced their target price on Atmus Filtration Technologies from $46.00 to $45.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th.

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.