Miller Tabak Upgrades ATMI to Neutral (ATMI)

By admin | 6 years ago

ATMI (NASDAQ: ATMI) was upgraded by investment analysts at Miller Tabak from a “sell” rating to a “neutral” rating in a note issued to investors on Thursday.

Shares of ATMI traded down 1.14% during mid-day trading on Thursday, hitting $19.89. ATMI has a 52 week low of $15.15 and a 52 week high of $25.05. The company’s market cap is $634.9 million.

ATMI last announced its earnings results on Wednesday, April 25th. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.02. ATMI’s revenue was down 8.1% compared to the same quarter last year. On average, analysts predict that ATMI will post $0.40 earnings per share next quarter.

A number of other firms have also recently commented on ATMI. Analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of ATMI in a research note to investors on Thursday, April 26th. Separately, analysts at Citigroup (NYSE: C) cut their price target on shares of ATMI from $25.00 to $22.00 in a research note to investors on Thursday, April 26th. They now have a “neutral” rating on the stock. Finally, analysts at DA Davidson upgraded shares of ATMI from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, March 8th.

ATMI, Inc. (ATMI) is a supplier of high performance materials, materials packaging and materials delivery systems used worldwide in the manufacture of microelectronics devices.

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