ATMI (ATMI) Scheduled to Post Quarterly Earnings on Wednesday
ATMI (NASDAQ:ATMI) is set to release its Q313 earnings data on Wednesday, October 23rd. Analysts expect ATMI to post earnings of $0.32 per share and revenue of $105.22 million for the quarter.
ATMI (NASDAQ:ATMI) last released its 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. On average, analysts expect ATMI to post $1.24 EPS for the current fiscal year and $1.58 EPS for the next fiscal year.
ATMI (NASDAQ:ATMI) traded down 0.86% during mid-day trading on Tuesday, hitting $27.69. The stock had a trading volume of 60,902 shares. ATMI has a 52 week low of $17.59 and a 52 week high of $28.41. The stock has a 50-day moving average of $26. and a 200-day moving average of $24.46. The company has a market cap of $883.3 million and a P/E ratio of 20.24.
A number of analysts have recently weighed in on ATMI shares. 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. On the ratings front, 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 equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $24.75.
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.