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NYSE:AME

AMETEK (AME) Stock Price, News & Analysis

$172.34
+3.82 (+2.27%)
(As of 07/26/2024 ET)
Today's Range
$169.93
$174.03
50-Day Range
$164.13
$176.01
52-Week Range
$136.89
$186.32
Volume
864,601 shs
Average Volume
1.05 million shs
Market Capitalization
$39.89 billion
P/E Ratio
30.29
Dividend Yield
0.65%
Price Target
$181.20

AMETEK MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
5.1% Upside
$181.20 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.95
Upright™ Environmental Score
News Sentiment
0.75mentions of AMETEK in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$500,653 Sold Last Quarter
Proj. Earnings Growth
9.10%
From $6.81 to $7.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Computer And Technology Sector

186th out of 612 stocks

Process Control Instruments Industry

8th out of 13 stocks

AME stock logo

About AMETEK Stock (NYSE:AME)

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.

AME Stock Price History

AME Stock News Headlines

AMETEK (AME) Scheduled to Post Quarterly Earnings on Thursday
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Auto Parts (Industry) (^YH10200030)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Oppenheimer Upgrades AMETEK (AME)
Key Takeaways From AMETEK Analyst Ratings
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
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
$181.20
High Stock Price Target
$205.00
Low Stock Price Target
$159.00
Potential Upside/Downside
+5.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$1.31 billion
Pretax Margin
23.87%

Debt

Sales & Book Value

Annual Sales
$6.60 billion
Cash Flow
$8.11 per share
Book Value
$37.83 per share

Miscellaneous

Free Float
230,058,000
Market Cap
$39.88 billion
Optionable
Optionable
Beta
1.18

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Should I Buy AMETEK Stock? AME Pros and Cons Explained

Pros

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

  • AMETEK has been consistently increasing its institutional investor ownership, indicating confidence in the company's growth potential.
  • Recent insider transactions show positive sentiment from company insiders, such as directors and CFO, who have been selling shares at higher prices, suggesting optimism about future performance.
  • Analysts have given AMETEK a favorable rating, with a consensus target price of $181.64, indicating potential for stock price appreciation.
  • AMETEK's diverse product portfolio in electronic instruments and electromechanical devices provides stability and resilience across different market conditions.
  • The company's strong financial position, with a market capitalization of over $29 billion, offers stability and potential for long-term growth.

Cons

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

  • AMETEK's stock price has been on an upward trend, potentially leading to a higher entry point for new investors.
  • Despite positive insider sentiment, the significant amount of shares sold by insiders could raise concerns about potential future performance or market conditions.
  • While analysts have given a favorable rating, there is always a degree of uncertainty in stock market predictions, and the target price may not be achieved within the expected timeframe.
  • AMETEK operates in a competitive industry, facing challenges from other technology companies and market disruptions that could impact its growth trajectory.
  • Investors should carefully consider their risk tolerance and investment horizon before committing to AMETEK, as market fluctuations can affect stock performance.
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 Sunday, June 30, 2024. Please send any questions or comments about these AMETEK pros and cons to contact@marketbeat.com.

AME Stock Analysis - Frequently Asked Questions

How have AME shares performed this year?

AMETEK's stock was trading at $164.89 on January 1st, 2024. Since then, AME shares have increased by 4.5% and is now trading at $172.34.
View the best growth stocks for 2024 here
.

How were AMETEK's earnings last quarter?

AMETEK, Inc. (NYSE:AME) released its quarterly earnings results on Thursday, May, 2nd. The technology company reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.59 by $0.05. AMETEK's revenue for the quarter was up 9.0% on a year-over-year basis.
Read the conference call transcript
.

What is David A. Zapico's approval rating as AMETEK's CEO?

110 employees have rated AMETEK Chief Executive Officer David A. Zapico on Glassdoor.com. David A. Zapico has an approval rating of 94% among the company's employees. This puts David A. Zapico in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does AMETEK have any subsidiaries?

AMETEK subsidiaries include these companies: Alphasense, NSI-MI Technologies, Abaco Systems Inc., Crank, Crank Software, EGS Automation, Magnetrol International, and more.

Who are AMETEK's major shareholders?

AMETEK's top institutional shareholders include Bank of New York Mellon Corp (1.56%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Dixon Mitchell Investment Counsel Inc. (0.16%) 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
.

How do I buy shares of AMETEK?

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.

What other stocks do shareholders of AMETEK own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AMETEK investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Athabasca Oil (ATH) and NIC (EGOV).

This page (NYSE:AME) was last updated on 7/27/2024 by MarketBeat.com Staff

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