ATMI Inc. Reaches New 12-Month High at $27.98 (ATMI)
ATMI (NASDAQ:ATMI)’s share price reached a new 52-week high during mid-day trading on Monday, StockRatingsNetwork.com reports. The stock traded as high as $27.98 and last traded at $27.82, with a volume of 22,597 shares traded. The stock had previously closed at $27.51.
ATMI has been the subject of a number of recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of ATMI from a “hold” rating to a “buy” rating in a research note to investors on Monday, October 7th. Separately, 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. Finally, 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 analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $24.75.
ATMI has a 52-week low of $17.59 and a 52-week high of $27.98. The stock’s 50-day moving average is $25.81 and its 200-day moving average is $24.26. The company has a market cap of $891.0 million and a price-to-earnings ratio of 19.93.
ATMI (NASDAQ:ATMI) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.