With the Federal Reserve still signaling 75-basis points cut in interest rates and projecting strong U.S economic growth this year, it seems to be the right time to enter the market. However, it is not easy for individual investors to select stocks independently and generate robust returns.For this, one has to understand the fundamentals of a company and try to place them against the present economic background to figure out how it may fare as an investment. One way to cut short this task is to follow broke ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--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 purs ...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) today announced its separation from Cummins Inc. (“Cummins”), marking Atmus’ first day as a fully independent company. “Today we celebrate a new day for Atmus,” shared Steph Disher, Chief Executive Officer of Atmus. “As we look at what’s next for Atmus, we have a clear strategy along with a talented and dedicated team that continues to deliver the filtration solutions our customers expect from us. I am excited ab ...

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final results of its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins. The exchange offer expired at 12:00 midnight, New York City time, at the end of the day on March 13, 2024. Pursuant to the exchange offer, Cummins has accepted 5,574,051 shares of Cummins common sto ...

污染控制领域趋势 - Atmus Filtration Technologies Inc. (ATMU) 是一个值得投资者关注的股票，因为该公司所在的污染控制领域正在经历稳健的盈利预期修订活动[1] - 污染控制领域目前的 Zacks 行业排名为 72，表明该行业处于良好位置，尤其是与其他行业相比[2] 公司表现 - 过去一个月，当前季度盈利预期从每股 51 美分上升到每股 53 美分，而当前年度盈利预期从每股 2.05 美元上升到每股 2.13 美元，这有助于公司获得 Zacks 排名第一（强烈买入）[4] - Atmus 公司自身也表现不错，过去一个月里，公司的盈利预期修订活动良好，分析师对公司的短期和长期前景更加乐观[3]

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that, based on preliminary results, its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins was oversubscribed. The exchange offer expired at 12:00 midnight, New York City time, at the end of the day on March 13, 2024. Under the terms of the exchange offer, 12.0298 shares of Atm ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Atmus Filtration Technologies (ATMU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Atmus Filtration Technologies is one of 226 ...

交易详情 - Cummins宣布了与Atmus Filtration Technologies Inc.的股票交换比率[1] - 每股Cummins普通股可交换12.0298股Atmus普通股[2] - Cummins预计在交换要约完全认购的情况下，将接受约5,574,051股Cummins普通股[3] - 交换要约计划于2024年3月13日午夜纽约时间到期[4]

Atmus Filtration Technologies (ATMU) closed the last trading session at $22.47, gaining 1.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $28.17 indicates a 25.4% upside potential.The mean estimate comprises six short-term price targets with a standard deviation of $1.47. While the lowest estimate of $26 indicates a 15.7% increase from the current price level, the most optimisti ...

财务数据和关键指标变化 - 2023年第四季度销售额为4亿美元,同比增长约4% [9] - 2023年第四季度调整后EBITDA为7100万美元,占销售额17.9%,上年同期为5300万美元,占13.9% [10] - 2023年第四季度调整后每股收益为0.49美元 [37] - 2023年全年销售额为16.3亿美元,同比增长约4% [13] - 2023年全年调整后EBITDA利润率为18.6%,同比提高300个基点 [13] - 2023年全年调整后每股收益为2.31美元 [46] - 2023年全年调整后自由现金流为1.52亿美元 [47] 各条业务线数据和关键指标变化 - 公司业务分为约80%的售后市场和20%的首次装配市场 [15] - 2024年公司预计售后市场将保持平稳,增长0%至3% [18] - 2024年公司预计首次装配市场将下降5%至15% [19] 各个市场数据和关键指标变化 - 北美卡车运输指数在2023年下半年下降约9%,全年下降5.5% [16] - 北美建筑市场预计将得到政府基建支持而保持韧性 [17] - 欧洲建筑市场预计将持续疲软 [17] - 全球矿业市场预计将相对2023年保持平稳 [17] - 中国重卡和中卡市场预计将下降5%至上涨10% [19] - 印度卡车市场预计将保持平稳至上涨5% [20] 公司战略和发展方向及行业竞争 - 公司四大战略支柱包括:1)提高首次装配市场份额 [21][22] 2)加速售后市场盈利增长 [23][24] 3)转型供应链 [25][26] 4)拓展工业过滤市场 [26] - 公司计划通过有纪律的并购方式拓展工业过滤市场 [26][83] - 公司将继续加强与康明斯的合作,同时也在拓展其他主要OEM客户 [21][22] 管理层对经营环境和未来前景的评论 - 公司预计2024年总收入将下降1%至增长3%,调整后EBITDA利润率为18.25%至19.25% [20] - 公司预计2024年调整后每股收益将为2.10美元至2.35美元 [20] - 公司认为2024年上半年首次装配市场将保持较强,下半年开始下滑,而售后市场将在下半年出现反弹 [61][62] 问答环节重要的提问和回答 问题1 **Joe O'Dea 提问** 询问公司2024年首次装配市场的具体预期范围,以及是否有份额增长计划 [57][58] **Steph Disher 回答** 公司预计2024年首次装配市场将下降5%至14%,公司有约1%的份额增长计划 [59][60] 问题2 **Rob Mason 提问** 询问公司2024年毛利率的变动因素,以及一次性成本的影响 [70][71] **Jack Kienzler 回答** 公司预计2024年毛利率将保持相对平稳,受价格上涨和成本下降的正面影响,但也受一次性分离成本的负面影响 [72][73] 问题3 **Jerry Revich 提问** 询问公司并购计划的具体目标和时间表 [82][83] **Steph Disher 回答** 公司正在采取循序渐进的并购方式,目标公司规模在5000万至6000万美元收入区间,但具体时间表尚未确定 [83][84][85]