Atmus Filtration Technologies Inc. (ATMU) Hits Fresh High: Is There Still Room to Run?

Shares of Atmus Filtration Technologies (ATMU) have been strong performers lately, with the stock up 0.6% over the past month. The stock hit a new 52-week high of $55.13 in the previous session. Atmus Filtration has gained 1.6% since the start of the year compared to the 9.9% move for the Zacks Auto-Tires-Trucks sector and the 0% return for the Zacks Automotive - Original Equipment industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on November 7, 2025, Atmus Filtration reported EPS of $0.69 versus consensus estimate of $0.61 while it beat the consensus revenue estimate by 7.84%.For the current fiscal year, Atmus Filtration is expected to post earnings of $2.79 per share on $1.74 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $3.25 per share on $1.82 in revenues. This represents a year-over-year change of 5.81% and 4.35%, respectively.Valuation MetricsThough Atmus Filtration has recently hit a 52-week high, what is next for Atmus Filtration? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Atmus Filtration has a Value Score of C. The stock's Growth and Momentum Scores are B and D, respectively, giving the company a VGM Score of B.In terms of its value breakdown, the stock currently trades at 18.9X current fiscal year EPS estimates, which is a premium to the peer industry average of 13.7X. On a trailing cash flow basis, the stock currently trades at 18.8X versus its peer group's average of 8.5X. Additionally, the stock has a PEG ratio of 3.26. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Atmus Filtration currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Atmus Filtration passes the test. Thus, it seems as though Atmus Filtration shares could have potential in the weeks and months to come.How Does ATMU Stack Up to the Competition?Shares of ATMU have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is PHINIA Inc. (PHIN). PHIN has a Zacks Rank of #1 (Strong Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of A.Earnings were strong last quarter. PHINIA Inc. beat our consensus estimate by 35.90%, and for the current fiscal year, PHIN is expected to post earnings of $5.93 per share on revenue of $3.44 billion.Shares of PHINIA Inc. have gained 14.9% over the past month, and currently trade at a forward P/E of 11.18X and a P/CF of 8.37X.The Automotive - Original Equipment industry is in the top 31% of all the industries we have in our universe, so it looks like there are some nice tailwinds for ATMU and PHIN, even beyond their own solid fundamental situation.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Atmus Filtration Technologies Inc. (ATMU): Free Stock Analysis Report PHINIA Inc. (PHIN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks