Atmus Filtration Technologies Stock Discussion

BofA analysts believe that these small cap value stocks are poised to benefit from accelerating profit growth and could outperform in a scenario where the Federal Reserve ceases to hike interest rates.

Atmus Filtration Technologies' P/S ratio may not be justified due to forecasted revenue decline. Market's disregard for analysts' pessimistic outlook could lead to unsustainable prices. Declining revenues may eventually impact share price.

ACT Research released preliminary NA truck net orders for July 2023. Class 8 net orders were 16,000 units, down 5% MoM and up 45% YoY (on an easy compare). Seasonally adjusted net orders came in at 20,700 units (248,400 SAAR), up 5.5% MoM. July tends to be a seasonally weak month for orders, and order activity was in-line with ACT Research’s expectations. Per ACT, the July data implies Class 8...

$Atmus Filtration Technologies (ATMU.US)$ wow not much happening