We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Atmus Filtration Technologies Inc. (ATMU) Outpaced Other Industrial Products Stocks This Year?
Read MoreHide Full Article
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 - Free Report) 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? Let's take a closer look at the stock's year-to-date performance to find out.
Atmus Filtration Technologies is a member of our Industrial Products group, which includes 219 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Atmus Filtration Technologies is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ATMU's full-year earnings has moved 3.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ATMU has gained about 58.8% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 13.1% on average. As we can see, Atmus Filtration Technologies is performing better than its sector in the calendar year.
Dover Corporation (DOV - Free Report) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 25.2%.
The consensus estimate for Dover Corporation's current year EPS has increased 0.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Atmus Filtration Technologies belongs to the Pollution Control industry, which includes 10 individual stocks and currently sits at #94 in the Zacks Industry Rank. This group has gained an average of 26.4% so far this year, so ATMU is performing better in this area.
In contrast, Dover Corporation falls under the Manufacturing - General Industrial industry. Currently, this industry has 44 stocks and is ranked #167. Since the beginning of the year, the industry has moved +11.8%.
Investors interested in the Industrial Products sector may want to keep a close eye on Atmus Filtration Technologies and Dover Corporation as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Atmus Filtration Technologies Inc. (ATMU) Outpaced Other Industrial Products Stocks This Year?
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 - Free Report) 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? Let's take a closer look at the stock's year-to-date performance to find out.
Atmus Filtration Technologies is a member of our Industrial Products group, which includes 219 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Atmus Filtration Technologies is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ATMU's full-year earnings has moved 3.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ATMU has gained about 58.8% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 13.1% on average. As we can see, Atmus Filtration Technologies is performing better than its sector in the calendar year.
Dover Corporation (DOV - Free Report) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 25.2%.
The consensus estimate for Dover Corporation's current year EPS has increased 0.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Atmus Filtration Technologies belongs to the Pollution Control industry, which includes 10 individual stocks and currently sits at #94 in the Zacks Industry Rank. This group has gained an average of 26.4% so far this year, so ATMU is performing better in this area.
In contrast, Dover Corporation falls under the Manufacturing - General Industrial industry. Currently, this industry has 44 stocks and is ranked #167. Since the beginning of the year, the industry has moved +11.8%.
Investors interested in the Industrial Products sector may want to keep a close eye on Atmus Filtration Technologies and Dover Corporation as they attempt to continue their solid performance.