Atmus Filtration Technologies (NYSE:ATMU – Get Free Report) and Omnitek Engineering (OTCMKTS:OMTK – Get Free Report) are both industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, profitability, dividends and institutional ownership.
Volatility and Risk
Atmus Filtration Technologies has a beta of 1.68, indicating that its share price is 68% more volatile than the S&P 500. Comparatively, Omnitek Engineering has a beta of -0.55, indicating that its share price is 155% less volatile than the S&P 500.
Institutional and Insider Ownership
32.7% of Atmus Filtration Technologies shares are owned by institutional investors. 0.4% of Atmus Filtration Technologies shares are owned by insiders. Comparatively, 48.7% of Omnitek Engineering shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Atmus Filtration Technologies | 10.84% | 134.28% | 17.61% |
Omnitek Engineering | -22.42% | N/A | -28.74% |
Analyst Recommendations
This is a breakdown of recent recommendations for Atmus Filtration Technologies and Omnitek Engineering, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Atmus Filtration Technologies | 0 | 1 | 4 | 0 | 2.80 |
Omnitek Engineering | 0 | 0 | 0 | 0 | 0.00 |
Atmus Filtration Technologies currently has a consensus price target of $44.80, suggesting a potential upside of 0.67%. Given Atmus Filtration Technologies’ stronger consensus rating and higher possible upside, equities analysts clearly believe Atmus Filtration Technologies is more favorable than Omnitek Engineering.
Earnings & Valuation
This table compares Atmus Filtration Technologies and Omnitek Engineering”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Atmus Filtration Technologies | $1.63 billion | 2.27 | $171.30 million | $2.15 | 20.70 |
Omnitek Engineering | $1.05 million | N/A | -$220,000.00 | N/A | N/A |
Atmus Filtration Technologies has higher revenue and earnings than Omnitek Engineering.
Summary
Atmus Filtration Technologies beats Omnitek Engineering on 10 of the 11 factors compared between the two stocks.
About Atmus Filtration Technologies
Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. The company offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, coolants, and fuel additives, as well as other chemicals; and fuel water separators and other filtration systems to original equipment manufacturers, dealers/distributors, and end-users. Its products are used in on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company was founded in 1958 and is headquartered in Nashville, Tennessee.
About Omnitek Engineering
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. It offers conversion kits for converting diesel engines to run on an alternative fuel, including compressed, liquefied, and renewable natural gas, as well as liquid petroleum gas; natural gas engines and components; and high-pressure natural gas coalescing filters. The company's products are used for stationary applications; and the transportation market, such as light commercial vehicles, minibuses, heavy-duty trucks, and municipal buses, as well as rail and marine applications. It sells and delivers its products through its distributors, system integrators, fleet operators, and engine conversion companies, as well as directly to end-users. The company was incorporated in 2001 and is headquartered in Vista, California.
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