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AMETEK (AME) Competitors

$169.58
+1.89 (+1.13%)
(As of 05/31/2024 ET)

AME vs. ETN, EMR, ROP, ROK, ENPH, GNRC, AYI, WIRE, FELE, and ENS

Should you be buying AMETEK stock or one of its competitors? The main competitors of AMETEK include Eaton (ETN), Emerson Electric (EMR), Roper Technologies (ROP), Rockwell Automation (ROK), Enphase Energy (ENPH), Generac (GNRC), Acuity Brands (AYI), Encore Wire (WIRE), Franklin Electric (FELE), and EnerSys (ENS). These companies are all part of the "electrical components & equipment" industry.

AMETEK vs.

AMETEK (NYSE:AME) and Eaton (NYSE:ETN) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, valuation, risk, analyst recommendations, community ranking, dividends, earnings, profitability and institutional ownership.

Eaton has higher revenue and earnings than AMETEK. AMETEK is trading at a lower price-to-earnings ratio than Eaton, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AMETEK$6.60B5.95$1.31B$5.6929.80
Eaton$23.20B5.74$3.22B$8.4739.30

AMETEK has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Eaton has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500.

AMETEK pays an annual dividend of $1.12 per share and has a dividend yield of 0.7%. Eaton pays an annual dividend of $3.76 per share and has a dividend yield of 1.1%. AMETEK pays out 19.7% of its earnings in the form of a dividend. Eaton pays out 44.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Eaton had 10 more articles in the media than AMETEK. MarketBeat recorded 14 mentions for Eaton and 4 mentions for AMETEK. AMETEK's average media sentiment score of 1.09 beat Eaton's score of 1.09 indicating that AMETEK is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AMETEK
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Eaton
11 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

AMETEK has a net margin of 19.57% compared to Eaton's net margin of 14.38%. Eaton's return on equity of 20.69% beat AMETEK's return on equity.

Company Net Margins Return on Equity Return on Assets
AMETEK19.57% 17.74% 10.84%
Eaton 14.38%20.69%10.25%

Eaton received 309 more outperform votes than AMETEK when rated by MarketBeat users. However, 72.22% of users gave AMETEK an outperform vote while only 66.59% of users gave Eaton an outperform vote.

CompanyUnderperformOutperform
AMETEKOutperform Votes
590
72.22%
Underperform Votes
227
27.78%
EatonOutperform Votes
899
66.59%
Underperform Votes
451
33.41%

AMETEK currently has a consensus target price of $181.64, suggesting a potential upside of 7.11%. Eaton has a consensus target price of $314.27, suggesting a potential downside of 5.58%. Given AMETEK's stronger consensus rating and higher probable upside, equities analysts clearly believe AMETEK is more favorable than Eaton.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AMETEK
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73
Eaton
1 Sell rating(s)
3 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.67

87.4% of AMETEK shares are owned by institutional investors. Comparatively, 83.0% of Eaton shares are owned by institutional investors. 0.6% of AMETEK shares are owned by insiders. Comparatively, 0.5% of Eaton shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

AMETEK beats Eaton on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AME and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AME vs. The Competition

MetricAMETEKProcess control instruments IndustryComputer SectorNYSE Exchange
Market Cap$39.25B$21.21B$21.46B$17.79B
Dividend Yield0.67%0.97%2.70%3.55%
P/E Ratio29.8075.73240.3225.81
Price / Sales5.954.78537.8411.40
Price / Cash21.3217.4230.6818.95
Price / Book4.383.636.505.90
Net Income$1.31B$474.99M$629.81M$976.46M
7 Day Performance-2.35%-2.65%-0.69%0.62%
1 Month Performance-2.47%2.11%2.80%4.79%
1 Year Performance15.43%10.19%27.68%24.00%

AMETEK Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ETN
Eaton
4.4124 of 5 stars
$334.20
+0.4%
$314.27
-6.0%
+85.9%$133.61B$23.20B39.4694,000Short Interest ↑
Positive News
EMR
Emerson Electric
4.7296 of 5 stars
$110.90
0.0%
$120.56
+8.7%
+41.3%$63.45B$15.17B5.9367,000Analyst Revision
ROP
Roper Technologies
2.4336 of 5 stars
$526.58
-0.8%
$584.82
+11.1%
+17.7%$56.37B$6.18B38.2116,800Analyst Revision
Positive News
ROK
Rockwell Automation
4.9008 of 5 stars
$257.18
+0.7%
$307.93
+19.7%
-8.2%$29.32B$8.98B25.1429,000Positive News
ENPH
Enphase Energy
4.0308 of 5 stars
$130.66
+4.0%
$133.45
+2.1%
-29.5%$17.78B$2.29B68.053,157Analyst Forecast
Insider Selling
Options Volume
Analyst Revision
News Coverage
GNRC
Generac
3.8478 of 5 stars
$149.61
+0.1%
$142.15
-5.0%
+29.6%$9.07B$4.02B41.218,600Analyst Downgrade
Insider Selling
Short Interest ↑
AYI
Acuity Brands
4.0908 of 5 stars
$257.11
+1.5%
$289.25
+12.5%
+69.5%$7.92B$3.95B21.5012,200Short Interest ↑
News Coverage
WIRE
Encore Wire
2.178 of 5 stars
$288.52
+0.1%
$273.33
-5.3%
+79.2%$4.56B$2.57B15.311,629Short Interest ↓
News Coverage
FELE
Franklin Electric
3.8701 of 5 stars
$97.64
+1.5%
$100.00
+2.4%
+8.4%$4.50B$2.07B24.296,400Short Interest ↑
ENS
EnerSys
3.2791 of 5 stars
$109.05
+1.6%
$126.00
+15.5%
+8.6%$4.38B$3.58B16.7810,797Analyst Upgrade
Short Interest ↑

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This page (NYSE:AME) was last updated on 6/2/2024 by MarketBeat.com Staff

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