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AMETEK (AME) Stock Forecast & Price Target

AMETEK logo
$193.33 -0.13 (-0.07%)
(As of 11/20/2024 ET)

AMETEK - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
2
Buy
6

Based on 9 Wall Street analysts who have issued ratings for AMETEK in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, 2 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for AME.

Consensus Price Target

$197.86
2.34% Upside
According to the 9 analysts' twelve-month price targets for AMETEK, the average price target is $197.86. The highest price target for AME is $221.00, while the lowest price target for AME is $158.00. The average price target represents a forecasted upside of 2.34% from the current price of $193.33.
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AME Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$197.86$193.29$186.29$173.75
Forecasted Upside2.34% Upside14.79% Upside11.34% Upside11.64% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
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AME Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AME Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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AMETEK Stock vs. The Competition

TypeAMETEKComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.67
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside2.34% Upside551.74% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent AME News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/4/2024Robert W. Baird
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$166.00 ➝ $186.00+4.24%
11/1/2024Mizuho
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$190.00 ➝ $200.00+11.48%
11/1/2024Truist Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$219.00 ➝ $221.00+21.48%
10/7/2024TD Cowen
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J. Giordano
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DowngradeHold ➝ Sell
9/18/2024Wolfe Research
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N. Coe
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UpgradeHold
8/2/2024Redburn Atlantic
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R. Radbourne
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UpgradeStrong-Buy
8/2/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$216.00 ➝ $215.00+42.71%
5/22/2024Oppenheimer
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 UpgradeMarket Perform ➝ Outperform$200.00+18.25%
2/27/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$182.00 ➝ $205.00+14.40%
10/5/2023BNP Paribas
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 Initiated CoverageNeutral$159.00+5.93%
8/7/2023Seaport Res Ptn
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S. Graham
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Reiterated RatingBuy
8/2/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$162.00 ➝ $174.00+9.65%
8/2/2023Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$180.00 ➝ $185.00+16.02%
6/8/2023DA Davidson
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 Boost Target$177.00 ➝ $180.00+19.10%
1/12/2023Loop Capital
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 Boost Target$160.00 ➝ $164.00+12.73%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:36 AM ET.


Should I Buy AMETEK Stock? AME Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 1, 2024. Please send any questions or comments about these AMETEK pros and cons to contact@marketbeat.com.

AMETEK
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in AMETEK, Inc.:

  • AMETEK, Inc. reported earnings per share (EPS) of $1.66 for the quarter, beating analysts' consensus estimates by $0.02. This indicates strong financial performance and potential growth.
  • The company had a net margin of 19.51% and a return on equity of 17.41%, showcasing solid profitability and efficient use of shareholder equity.
  • AMETEK, Inc. had revenue of $1.73 billion during the quarter, slightly below analysts' expectations but still demonstrating a healthy revenue stream.
  • Insider activity shows positive sentiment as Director Steven W. Kohlhagen recently sold shares at a higher price, indicating confidence in the company's future prospects.
  • AMETEK, Inc. has a diverse product portfolio in electronic instruments and electromechanical devices, providing stability and potential for growth in various markets.

AMETEK
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in AMETEK, Inc. for these reasons:

  • AMETEK, Inc.'s stock price has been relatively stable, with a 50-day moving average price of $166.37 and a 200-day moving average price of $171.12. This may indicate limited short-term price appreciation potential.

AME Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for AMETEK is $197.86, with a high forecast of $221.00 and a low forecast of $158.00.

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMETEK in the last year. There is currently 1 sell rating, 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AME shares.

According to analysts, AMETEK's stock has a predicted upside of 2.34% based on their 12-month stock forecasts.

Over the previous 90 days, AMETEK's stock had 1 upgrade and 1 downgrade by analysts.

AMETEK has been rated by research analysts at Mizuho, Robert W. Baird, TD Cowen, Truist Financial, and Wolfe Research in the past 90 days.

Analysts like AMETEK less than other "computer and technology" companies. The consensus rating score for AMETEK is 2.67 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how AME compares to other companies.


This page (NYSE:AME) was last updated on 11/21/2024 by MarketBeat.com Staff
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