AptarGroup, Inc. (ATR) Hits Fresh High: Is There Still Room to Run?

Core Viewpoint - AptarGroup's shares have shown strong performance, increasing by 8.7% over the past month and reaching a 52-week high of $143.21, with a year-to-date gain of 15.3% compared to the broader industrial sector and packaging industry [1] Financial Performance - AptarGroup has consistently exceeded earnings expectations, reporting EPS of $1.21 against a consensus estimate of $1.12 in its latest earnings report [2] - For the current fiscal year, AptarGroup is projected to achieve earnings of $5.19 per share on revenues of $3.62 billion, reflecting an 8.58% increase in EPS and a 3.78% increase in revenues [2] - The following fiscal year is expected to see earnings of $5.68 per share on $3.74 billion in revenues, indicating a year-over-year growth of 9.3% in EPS and 3.42% in revenues [2] Valuation Metrics - AptarGroup's stock trades at 27.5 times the current fiscal year EPS estimates, which is above the peer industry average of 15.4 times [4] - On a trailing cash flow basis, the stock is valued at 16.5 times compared to the peer group's average of 8 times [4] - The company has a PEG ratio of 3.92, which does not place it among the top value stocks [4] Zacks Rank - AptarGroup holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [5] - The stock meets the criteria for selection, as it has a Zacks Rank of 1 or 2 and Style Scores of A or B, indicating potential for future growth [5]