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Atmus Filtration Technologies - AI Stock Analysis

Analysis generated November 26, 2024

Atmus Filtration Technologies is a leading provider of filtration solutions, specializing in products that cater to a broad spectrum of industrial applications. The company has a strong market presence and is known for its innovation and customer-centric approach. Moreover, Atmus has been progressively investing in R&D, aiming to enhance product efficiency and expand its market share. Recently, the company has shown signs of growth and maturity across various parameters, marking itself as a notable player in the filtration industry.

Fundamental Analysis

For the last quarter, Atmus Filtration Technologies reported a revenue of $393 million. This marks a decrease of 6.82% from the previous quarter, raising some concerns about the company's short-term revenue trajectory. Yet, when compared to the same quarter last year, the decrease is merely 0.73%, which is less alarming but still noteworthy.

The net income for the last quarter stood at $44 million, which is a 22.06% decrease from the prior quarter. However, this result represents a 16.49% increase from the same quarter last year, indicating a positive long-term trend in the company's profitability.

EBITDA was reported at $63 million, a decrease of 23.39% from the previous quarter and a 2.92% decline from the same quarter last year. This trend suggests that Atmus needs to manage its operational efficiencies better to sustain long-term growth. The current Price to Earnings (P/E) ratio of 20.7 falls within a normal range, neither indicating the stock is overpriced nor extremely attractive for value investors.

Technical Analysis

Today's stock price for Atmus Filtration Technologies is $44.07, an impressive 11.97% increase from a month ago, highlighting a positive short-term trend. Over the course of the year, the stock has surged by 105.17%, indicating a robust long-term bullish trend.

The SMA10 (Simple Moving Average over 10 days) stands at 43.77, a slight increase from the previous SMA10 of 43.69, which signals a potential upward trend in price movement. However, the RSI (Relative Strength Index) is currently at 84.9, suggesting that the stock may be overbought and could face a bearish correction in the near-term.

Alternative Data Analysis

Examining alternative data, Atmus Filtration Technologies appears to be in a growth phase. The company has 18 open positions on job boards, which is a 50% increase over the last couple of months, indicating expansion efforts. This is a potentially healthy sign reflecting the company's ambitions for growth.

The company's website has seen an estimated 27,000 visitors, with a 50% increase in the last few months. This uptick in web traffic may translate to increased customer acquisition. Likewise, the company's Instagram page has 470 followers, and this number is up by 12% in recent months, indicating rising interest and engagement from the public.

Additionally, Atmus Filtration Technologies has an AI-driven score of 74 according to AltIndex's predictive model, which signals a strong buy recommendation based on an analysis of various factors.

Conclusion and Recommendation

In summary, Atmus Filtration Technologies presents a mixed bag of signals. While the recent decline in revenue, net income, and EBITDA are concerning, the company's strong year-over-year growth and positive long-term stock trends paint a more optimistic picture. The company's ongoing expansion, as evidenced by the increase in job postings and web traffic, coupled with the favorable AI score, further supports a positive outlook.

Based on the data analyzed, the recommendation is to consider investing in Atmus Filtration Technologies, keeping in mind the potential for short-term volatility and the importance of long-term gains.

Disclaimer: This AI stock analysis, generated by an experimental AI tool, is for informational purposes only and not financial advice. Information is based on publicly available data and may not always be accurate or current.