Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial
NYSE:AME

AMETEK (AME) Stock Price, News & Analysis

$166.80
+0.13 (+0.08%)
(As of 03:44 PM ET)

About AMETEK Stock (NYSE:AME)

Key Stats

Today's Range
$165.42
$167.59
50-Day Range
$162.69
$172.30
52-Week Range
$136.89
$186.32
Volume
659,282 shs
Average Volume
1.13 million shs
Market Capitalization
$38.61 billion
P/E Ratio
29.06
Dividend Yield
0.67%
Price Target
$193.29
Consensus Rating
Moderate Buy

Company Overview

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry. Its EMG segment offers engineered medical components and devices, automation solutions, thermal management systems, specialty metals, and electrical interconnects; single-use and consumable surgical instruments, implantable components, and drug delivery systems; engineered electrical connectors and electronics packaging to protect sensitive devices and mission-critical electronics; precision motion control products for data storage, medical devices, business equipment, and automation; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for thermal management, military and commercial aircraft, and military ground vehicles; motors for commercial appliances, food and beverage machines, hydraulic pumps, and industrial blowers; and operates a network of aviation maintenance, repair, and overhaul facilities. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.

AMETEK Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

AME MarketRank™: 

AMETEK scored higher than 98% of companies evaluated by MarketBeat, and ranked 38th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AMETEK has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    AMETEK has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about AMETEK's stock forecast and price target.
  • Earnings Growth

    Earnings for AMETEK are expected to grow by 7.69% in the coming year, from $6.76 to $7.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AMETEK is 29.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AMETEK is 29.06, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 252.86.

  • Price to Earnings Growth Ratio

    AMETEK has a PEG Ratio of 2.77. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    AMETEK has a P/B Ratio of 4.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about AMETEK's valuation and earnings.
  • Percentage of Shares Shorted

    0.95% of the float of AMETEK has been sold short.
  • Short Interest Ratio / Days to Cover

    AMETEK has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AMETEK has recently decreased by 11.38%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    AMETEK has a dividend yield of 0.66%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    AMETEK does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of AMETEK is 19.68%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, AMETEK will have a dividend payout ratio of 15.38% next year. This indicates that AMETEK will be able to sustain or increase its dividend.

  • Read more about AMETEK's dividend.
  • Percentage of Shares Shorted

    0.95% of the float of AMETEK has been sold short.
  • Short Interest Ratio / Days to Cover

    AMETEK has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AMETEK has recently decreased by 11.38%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    AMETEK has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for AMETEK this week, compared to 10 articles on an average week.
  • Search Interest

    Only 2 people have searched for AME on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added AMETEK to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AMETEK insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $250,521.00 in company stock.

  • Percentage Held by Insiders

    Only 0.61% of the stock of AMETEK is held by insiders.

  • Percentage Held by Institutions

    87.43% of the stock of AMETEK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AMETEK's insider trading history.

AME Stock News Headlines

Elon Musk Drops Stunning Bombshell?
Elon Musk just dropped a BOMBSHELL that could send shockwaves throughout the tech industry… While delivering the death blow to some of the world’s BIGGEST companies. Why is no one talking about it?
AMETEK, Inc. (NYSE:AME) Receives $193.29 Average PT from Brokerages
AMETEK (NYSE:AME) Price Target Raised to $190.00
See More Headlines

AME Stock Analysis - Frequently Asked Questions

AMETEK's stock was trading at $164.89 at the beginning of 2024. Since then, AME shares have increased by 1.2% and is now trading at $166.81.
View the best growth stocks for 2024 here
.

AMETEK, Inc. (NYSE:AME) released its quarterly earnings results on Thursday, August, 1st. The technology company reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.64 by $0.02. The business's quarterly revenue was up 5.4% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of AMETEK: Alphasense, NSI-MI Technologies, Abaco Systems Inc., Crank, Crank Software, EGS Automation, Magnetrol International, and more.

Top institutional investors of AMETEK include DekaBank Deutsche Girozentrale (0.37%), Meridiem Investment Management Ltd. (0.33%), Dixon Mitchell Investment Counsel Inc. (0.17%) and Mountain Pacific Investment Advisers LLC (0.16%). Insiders that own company stock include William Joseph Burke, Thomas C Marecic, Ronald J Oscher, Anthony James Conti, Steven W Kohlhagen, Thomas M Montgomery, Gretchen W Mcclain, Thomas A Amato, William D Eginton, David A Zapico, Ruby R Chandy and John Wesley Hardin.
View institutional ownership trends
.

Shares of AME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that AMETEK investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Today
10/24/2024
Next Earnings (Confirmed)
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electrical Components & Equipment
CUSIP
03110010
Employees
21,500
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$193.29
High Stock Price Target
$219.00
Low Stock Price Target
$158.00
Potential Upside/Downside
+15.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.31 billion
Pretax Margin
23.87%

Debt

Sales & Book Value

Annual Sales
$6.82 billion
Cash Flow
$7.79 per share
Book Value
$37.83 per share

Miscellaneous

Free Float
230,124,000
Market Cap
$38.71 billion
Optionable
Optionable
Beta
1.17

Social Links


This page (NYSE:AME) was last updated on 10/24/2024 by MarketBeat.com Staff
From Our Partners