Atmus Filtration Technologies (ATMU) Advances While Market Declines: Some Information for Investors

Company Overview - Atmus Filtration Technologies (ATMU) closed at $32.35, reflecting a +0.09% change from the previous day, outperforming the S&P 500's decline of 0.95% [1] - Over the past month, shares of Atmus Filtration Technologies have increased by 27.4%, significantly surpassing the Industrial Products sector's gain of 4.45% and the S&P 500's gain of 1.78% [1] Financial Performance - The Zacks Consensus Estimates project earnings of $2.23 per share and revenue of $1.65 billion for the annual period, indicating changes of -3.46% and +1.26% respectively from the previous year [1] - Recent analyst forecast revisions are crucial as they reflect the changing dynamics of short-term business patterns, with positive revisions indicating optimism regarding the company's profitability [2] Valuation Metrics - Atmus Filtration Technologies has a Zacks Rank of 1 (Strong Buy), with an average annual return of +25% for stocks rated 1 since 1988 [3] - The company is currently trading at a Forward P/E ratio of 14.49, which is a discount compared to the industry's average Forward P/E of 28.85 [3] - The PEG ratio for Atmus Filtration Technologies is 4, compared to the Pollution Control industry's average PEG ratio of 3.09 [3] Industry Context - The Pollution Control industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 80, placing it in the top 32% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]