ATMI Rating Increased to Buy at TheStreet (ATMI)
“ATMI (ATMI) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.”
,” TheStreet’s analyst wrote.
Other equities research analysts have also recently issued reports about the stock. Analysts at Miller Tabak upgraded shares of ATMI from a hold rating to a buy rating in a research note to investors on Thursday, February 7th. Analysts at Zacks downgraded shares of ATMI from an outperform rating to a neutral rating in a research note to investors on Tuesday, January 15th. They now have a $22.80 price target on the stock.
Two analysts have rated the stock with a buy rating, two have given an overweight rating, one has given a hold rating, one has issued an underweight rating, and one has issued a sell rating to the company. ATMI currently has an average rating of hold and an average target price of $21.90.
Shares of ATMI traded down 0.31% during mid-day trading on Friday, hitting $22.83. ATMI has a one year low of $17.59 and a one year high of $23.93. The stock’s 50-day moving average is currently $21.48. The company has a market cap of $730.2 million and a P/E ratio of 17.62.
ATMI, Inc. (ATMI) is a supplier of high performance materials, materials packaging and materials delivery systems used worldwide in the manufacture of microelectronics devices.
To view TheStreet’s full report, visit www.thestreetratings.com
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