ATMI Rating Increased to Buy at Thomson Reuters/Verus (ATMI)
ATMI (NASDAQ:ATMI) was upgraded by equities research analysts at Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, Analyst Ratings Network.com reports.
ATMI has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of ATMI from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, July 29th. They now have a $23.50 price target on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of ATMI in a research note to investors on Monday, July 29th. They now have a $26.00 price target on the stock, up previously from $22.00. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $24.75.
ATMI (NASDAQ:ATMI) traded down 0.42% during mid-day trading on Monday, hitting $26.26. 116,956 shares of the company’s stock traded hands. ATMI has a 52 week low of $17.59 and a 52 week high of $27.53. The stock’s 50-day moving average is $25.49 and its 200-day moving average is $24.10. The company has a market cap of $837.7 million and a P/E ratio of 19.11.
ATMI (NASDAQ:ATMI) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.29 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.34 by $0.05. The company had revenue of $102.00 million for the quarter, compared to the consensus estimate of $107.93 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. The company’s quarterly revenue was down 3.7% on a year-over-year basis. Analysts expect that ATMI will post $1.24 EPS for the current fiscal year.
ATMI, Inc (NASDAQ:ATMI) is a supplier of materials, materials packaging and materials delivery systems used globally in the manufacture of microelectronics devices.
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