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Ametek (AME)
NYSE:AME
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AME Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$136.89 - $186.33
Previous Close$169.4
Volume112.37K
Average Volume (3M)1.32M
Market Cap
$38.88B
Enterprise Value$41.48B
Total Cash (Recent Filing)$396.57M
Total Debt (Recent Filing)$2.65B
Price to Earnings (P/E)29.5
Beta0.84
Next Earnings
Oct 31, 2024EPS Estimate
$1.62Last Dividend Ex-Date
Sep 16, 2024Dividend Yield0.64%
Share Statistics
EPS (TTM)5.74
Shares Outstanding231,535,965
10 Day Avg. Volume1,251,066
30 Day Avg. Volume1,315,070
Standard Deviation0.07
R-Squared0.74
Alpha-0.00105
Financial Highlights & Ratios
Price to Book (P/B)4.24
Price to Sales (P/S)5.75
Price to Cash Flow (P/CF)25.70
P/FCF Ratio27.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.08
Enterprise Value/Gross Profit17.39
Enterprise Value/Ebitda19.97
Forecast
1Y Price Target
$191.00Price Target Upside13.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Ametek News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAME is protecting EBITDA/EPS in typical solid fashion.
Management StrategyManagement has earned runway by acting quickly to protect the out year model.
Tax StrategyLower 4Q tax rate adds to EPS, muting lower sales and operating performance headwind.
Bears Say
Revenue DeclineEIG revenue has been on a decelerating organic path since early 2023 and was flat in 2Q24, its weakest result since 4Q20.
Sales And Operating ChallengesPersistent de-stocking headwinds and project push-outs reduce sales and operating performance.
Valuation ConcernsValuation today is elevated in gross terms vs. history and within normal ranges vs. compounder peers.
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Ownership Overview
0.42% Insiders
31.68% Mutual Funds
2.78% Other Institutional Investors
43.59% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AME FAQ
What was Ametek’s price range in the past 12 months?
Ametek lowest stock price was $136.89 and its highest was $186.32 in the past 12 months.
What is Ametek’s market cap?
Currently, no data Available
When is Ametek’s upcoming earnings report date?
Ametek’s upcoming earnings report date is Oct 31, 2024 which is in 9 days.
How were Ametek’s earnings last quarter?
Ametek released its earnings results on Aug 01, 2024. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.644 by $0.016.
Is Ametek overvalued?
According to Wall Street analysts Ametek’s price is currently Undervalued.
Does Ametek pay dividends?
Ametek pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 0.64%. See more information on Ametek dividends here
What is Ametek’s EPS estimate?
Ametek’s EPS estimate is $1.62.
How many shares outstanding does Ametek have?
Ametek has 231,535,960 shares outstanding.
What happened to Ametek’s price movement after its last earnings report?
Ametek reported an EPS of $1.66 in its last earnings report, beating expectations of $1.644. Following the earnings report the stock price went down -8.274%.
Which hedge fund is a major shareholder of Ametek?
Among the largest hedge funds holding Ametek’s share is Alecta Pensionsforsakring, Omsesidigt. It holds Ametek’s shares valued at 470M.
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Ametek Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$191.00 (13.76% Upside)
$191.00 (13.76% Upside)
Blogger Sentiment
Bullish
AME Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 68.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $250.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
20.40%
12-Months-Change
Fundamentals
Return on Equity
15.37%
Trailing 12-Months
Asset Growth
15.23%
Trailing 12-Months
Company Description
Ametek
AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices. The company specializes in manufacturing instruments used for monitoring, examining, calibration and display purposes in the power, aerospace and industrial instrumentation markets. It also produces engineered electrical connectors and electronics packaging for electronic applications in defense, aerospace, medical and industrial markets.
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AME Earnings Call
Q2 2024
0:00 / 0:00
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AME Net sales Breakdown
49.53% Process and analytical instrumentation
29.48% Aerospace and power
20.98% Automation and engineered solutions
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AME Stock 12 Month Forecast
Average Price Target
$191.00
▲(13.76% Upside)
Technical Analysis
Best Analysts Covering AME
1 Year
1 Year Success Rate
32/40 ratings generated profit
1 Year Average Return
+15.63%
assigned a buy rating 3 months ago
Copying Deane Dray's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +15.63% per trade.
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