Goldman initiated coverage on Atmus Filtration Technologies with a new price target
$ATMU
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Goldman initiated coverage of Atmus Filtration Technologies with a rating of Buy and set a new price target of $30.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | $42.00 → $45.00 | Overweight → Equal Weight | Wells Fargo |
| 1/24/2024 | $26.00 | Market Perform | Northland Capital |
| 6/20/2023 | $24.00 | Overweight | Wells Fargo |
| 6/20/2023 | $30.00 | Buy | Goldman |
| 6/20/2023 | $28.00 | Overweight | JP Morgan |
| 6/20/2023 | $25.00 | Buy | BofA Securities |
| 6/20/2023 | $24.00 | Outperform | Robert W. Baird |
Atmus Filtration Technologies Inc. ((Atmus, NYSE:ATMU), a global leader in filtration and media solutions, today reported financial results for its third quarter that ended September 30, 2024. Third Quarter Highlights Net sales of $404 million GAAP net income of $44 million Diluted earnings per share of $0.52 Adjusted earnings per share of $0.61 Adjusted EBITDA of $79 million and adjusted EBITDA margin of 19.6% Cash provided by operating activities was $71 million Adjusted free cash flow was $65 million 2024 Outlook The company is raising guidance for year 2024 as follows: Revenue to be in the range of $1,650 million to $1,675 million Adjusted EBITDA margin to be in th
Atmus Filtration Technologies Inc. ((Atmus, NYSE:ATMU), a global leader in the filtration industry, announced today that its Board of Directors has declared a quarterly cash dividend in the amount of $0.05 per common share, payable on November 13, 2024 to shareholders of record at the close of business on October 31, 2024. Atmus also announced today that it will report financial results for the third quarter 2024 before market open on Friday, November 8, 2024. The company will hold a conference call on the same day at 10:00 AM CT to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Atmus investor relation
Atmus Filtration Technologies Inc. ((Atmus, NYSE:ATMU), a global leader in filtration and media solutions, today reported financial results for its second quarter that ended June 30, 2024. Second Quarter Highlights Net sales of $433 million GAAP net income of $56 million Diluted earnings per share of $0.67 Adjusted earnings per share of $0.71 Adjusted EBITDA of $93 million and adjusted EBITDA margin of 21.4% Cash provided by operating activities was $23 million Adjusted free cash flow was $34 million 2024 Outlook The company is updating guidance for year 2024 as follows: Revenue to be in the range of $1,625 million to $1,675 million Adjusted EBITDA margin t
4 - Atmus Filtration Technologies Inc. (0001921963) (Issuer)
4 - Atmus Filtration Technologies Inc. (0001921963) (Issuer)
Today, Atmus Filtration Technologies Inc. (NYSE:ATMU) ("Atmus") announced the appointment of Diego Donoso and Stuart Taylor to its Board of Directors. "I am pleased to have Diego and Stuart join the Atmus Board of Directors at a pivotal time for our company," said Steph Disher, CEO of Atmus. "Both Diego's experience leading manufacturing and technology-focused companies and Stuart's knowledge in both creating businesses and M&A activity will play vital roles as we pursue our strategic growth aspirations at Atmus." Diego Donoso currently serves as a director of GrafTech International Ltd., a manufacturer of graphite electrodes and petroleum coke, where he is a member of its audit committ
Announces Cooperation Agreement with Shareholder Stadium Capital Board to Form a Capital Allocation Committee, Comprised of New and Tenured Directors, to Provide Analysis and Recommendations to Board Sleep Number Corporation (NASDAQ:SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the "Board"), effective immediately, expanding the Board to twelve members. In conjunction with the appointments, Sleep Number entered into a cooperation agreement (the "Cooperation Agreement") with Stadium Capital Management, LLC (collectively with its affiliates, "Stadium Capital"), one of the company's shareholders. Steve Macadam is the Chai
Baird analyst Robert Mason maintains Atmus Filtration Techs (NYSE:ATMU) with a Outperform and lowers the price target from $37 to $36.
In the preceding three months, 7 analysts have released ratings for Atmus Filtration Techs (NYSE:ATMU), presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 6 0 0 0 Last 30D 0 1 0 0 0 1M Ago 1 2 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $34.86, along with a high estimate of $38.00 and a low estimate of $29.00. This
Wells Fargo analyst Joseph O'Dea maintains Atmus Filtration Techs (NYSE:ATMU) with a Overweight and lowers the price target from $37 to $36.
SC 13G - Atmus Filtration Technologies Inc. (0001921963) (Subject)
SC 13G - Atmus Filtration Technologies Inc. (0001921963) (Subject)
SC 13G/A - Atmus Filtration Technologies Inc. (0001921963) (Subject)
10-Q - Atmus Filtration Technologies Inc. (0001921963) (Filer)
8-K - Atmus Filtration Technologies Inc. (0001921963) (Filer)
8-K - Atmus Filtration Technologies Inc. (0001921963) (Filer)
Wells Fargo downgraded Atmus Filtration Technologies from Overweight to Equal Weight and set a new price target of $45.00 from $42.00 previously
Northland Capital initiated coverage of Atmus Filtration Technologies with a rating of Market Perform and set a new price target of $26.00
Wells Fargo initiated coverage of Atmus Filtration Technologies with a rating of Overweight and set a new price target of $24.00
4 - Atmus Filtration Technologies Inc. (0001921963) (Issuer)
4 - Atmus Filtration Technologies Inc. (0001921963) (Issuer)
4 - Atmus Filtration Technologies Inc. (0001921963) (Issuer)
Atmus Filtration Technologies Inc. ((Atmus, NYSE:ATMU), a global leader in filtration and media solutions, today reported financial results for its third quarter that ended September 30, 2024. Third Quarter Highlights Net sales of $404 million GAAP net income of $44 million Diluted earnings per share of $0.52 Adjusted earnings per share of $0.61 Adjusted EBITDA of $79 million and adjusted EBITDA margin of 19.6% Cash provided by operating activities was $71 million Adjusted free cash flow was $65 million 2024 Outlook The company is raising guidance for year 2024 as follows: Revenue to be in the range of $1,650 million to $1,675 million Adjusted EBITDA margin to be in th
Atmus Filtration Technologies Inc. ((Atmus, NYSE:ATMU), a global leader in the filtration industry, announced today that its Board of Directors has declared a quarterly cash dividend in the amount of $0.05 per common share, payable on November 13, 2024 to shareholders of record at the close of business on October 31, 2024. Atmus also announced today that it will report financial results for the third quarter 2024 before market open on Friday, November 8, 2024. The company will hold a conference call on the same day at 10:00 AM CT to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Atmus investor relation
Atmus Filtration Technologies Inc. ((Atmus, NYSE:ATMU), a global leader in filtration and media solutions, today reported financial results for its second quarter that ended June 30, 2024. Second Quarter Highlights Net sales of $433 million GAAP net income of $56 million Diluted earnings per share of $0.67 Adjusted earnings per share of $0.71 Adjusted EBITDA of $93 million and adjusted EBITDA margin of 21.4% Cash provided by operating activities was $23 million Adjusted free cash flow was $34 million 2024 Outlook The company is updating guidance for year 2024 as follows: Revenue to be in the range of $1,625 million to $1,675 million Adjusted EBITDA margin t