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JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
NYSE:AME

AMETEK (AME) Stock Price, News & Analysis

$179.71
-0.79 (-0.44%)
(As of 04/12/2024 ET)
Today's Range
$178.12
$180.11
50-Day Range
$166.08
$184.91
52-Week Range
$133.12
$186.32
Volume
822,215 shs
Average Volume
828,261 shs
Market Capitalization
$41.55 billion
P/E Ratio
31.69
Dividend Yield
0.62%
Price Target
$180.78

AMETEK MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
0.6% Upside
$180.78 Price Target
Short Interest
Healthy
1.09% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.79
Upright™ Environmental Score
News Sentiment
0.80mentions of AMETEK in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$10.69 M Sold Last Quarter
Proj. Earnings Growth
9.38%
From $6.82 to $7.46 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.

4.18 out of 5 stars

Industrials Sector

3rd out of 12 stocks

Specialty Industrial Machinery Industry

1st out of 2 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

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TER Oct 2024 115.000 put
TER Nov 2024 70.000 call
TER Aug 2024 110.000 call
Demystifying AMETEK: Insights From 4 Analyst Reviews
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 3/28 Dividend
3/07/2024
Dividend Payable
3/28/2024
Today
4/13/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
Electrical Components & Equipment
CUSIP
03110010
Employees
21,500
Year Founded
1930

Price Target and Rating

Average Stock Price Target
$180.78
High Stock Price Target
$210.00
Low Stock Price Target
$159.00
Potential Upside/Downside
+0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$1.31 billion
Pretax Margin
24.35%

Debt

Sales & Book Value

Annual Sales
$6.60 billion
Cash Flow
$7.86 per share
Book Value
$37.83 per share

Miscellaneous

Free Float
229,802,000
Market Cap
$41.55 billion
Optionable
Optionable
Beta
1.22

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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, Inc. operates in multiple segments, including Electronic Instruments and Electromechanical, providing diversification in revenue streams.
  • The company offers advanced instruments for various industries such as aerospace, power, and industrial markets, showcasing a strong market presence.
  • AMETEK's focus on precision motion control products for data storage, medical devices, and automation aligns with growing technological trends.
  • Recent financial reports indicate a steady revenue growth trajectory, reflecting positively on the company's financial health.
  • AMETEK's stock price has shown resilience and potential for growth, making it an attractive investment opportunity.

Cons

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

  • AMETEK's reliance on specific industries like aerospace and power may expose the company to market fluctuations in those sectors.
  • The competitive landscape in the electronic instruments and electromechanical devices industry could impact AMETEK's market share and profitability.
  • Global economic uncertainties may affect demand for AMETEK's products, leading to potential revenue challenges.
  • Fluctuations in raw material prices could impact the company's manufacturing costs and overall profitability.
  • Investors should carefully monitor any regulatory changes that could impact AMETEK's operations and financial 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 Wednesday, April 10, 2024. Please send any questions or comments about these AMETEK pros and cons to contact@marketbeat.com.

AME Stock Analysis - Frequently Asked Questions

Should I buy or sell AMETEK stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AMETEK in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AME shares.
View AME analyst ratings
or view top-rated stocks.

What is AMETEK's stock price target for 2024?

9 Wall Street research analysts have issued 12-month price targets for AMETEK's shares. Their AME share price targets range from $159.00 to $210.00. On average, they anticipate the company's stock price to reach $180.78 in the next year. This suggests a possible upside of 0.6% from the stock's current price.
View analysts price targets for AME
or view top-rated stocks among Wall Street analysts.

How have AME shares performed in 2024?

AMETEK's stock was trading at $164.89 at the start of the year. Since then, AME stock has increased by 9.0% and is now trading at $179.71.
View the best growth stocks for 2024 here
.

Are investors shorting AMETEK?

AMETEK saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,510,000 shares, a decline of 14.6% from the March 15th total of 2,940,000 shares. Based on an average daily volume of 955,200 shares, the short-interest ratio is presently 2.6 days. Approximately 1.1% of the shares of the company are short sold.
View AMETEK's Short Interest
.

When is AMETEK's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AME earnings forecast
.

How were AMETEK's earnings last quarter?

AMETEK, Inc. (NYSE:AME) posted its earnings results on Tuesday, February, 6th. The technology company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.06. The technology company had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.73 billion. AMETEK had a trailing twelve-month return on equity of 17.96% and a net margin of 19.91%. AMETEK's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 EPS.
Read the conference call transcript
.

How often does AMETEK pay dividends? What is the dividend yield for AMETEK?

AMETEK declared a quarterly dividend on Friday, February 9th. Shareholders of record on Friday, March 8th will be given a dividend of $0.28 per share on Thursday, March 28th. This represents a $1.12 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for AME
.

Is AMETEK a good dividend stock?

AMETEK (NYSE:AME) pays an annual dividend of $1.12 per share and currently has a dividend yield of 0.62%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 19.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AME will have a dividend payout ratio of 15.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AME.

How will AMETEK's stock buyback program work?

AMETEK declared that its Board of Directors has authorized a share repurchase program on Friday, May 6th 2022, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its stock is undervalued.

What guidance has AMETEK issued on next quarter's earnings?

AMETEK updated its FY24 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of $6.70-6.85 for the period, compared to the consensus earnings per share estimate of $6.83.

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.

What other stocks do shareholders of AMETEK own?

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

Who are AMETEK's major shareholders?

AMETEK's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Mountain Pacific Investment Advisers Inc. ID (0.21%), Los Angeles Capital Management LLC (0.04%), Running Oak Capital LLC (0.03%), Czech National Bank (0.02%), Gulf International Bank UK Ltd (0.01%) and Global Assets Advisory LLC (0.01%). Insiders that own company stock include Anthony James Conti, David A Zapico, Gretchen W Mcclain, John Wesley Hardin, Ronald J Oscher, Ruby R Chandy, Steven W Kohlhagen, Thomas A Amato, Thomas C Marecic, Thomas M Montgomery, William D Eginton and William Joseph Burke.
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.

Does AMETEK have any subsidiaries?
The following companies are subsidiares of AMETEK: AMETEK Germany GmbH, AMETEK Nordic AB, AMETEK d.o.o. Subotica., Dunkermotoren Taicang Co. Ltd., Milmega Limited, SPECTRO Analytical Instruments GmbH, AMETEK CTS Europe GmbH, AMETEK GmbH, AMETEK Korea Co. Ltd., CAMECA Instruments Inc., Dunkermotoren GmbH, Frameflair Limited, AMETEK CTS GmbH, CAMECA SAS, Solartron Metrology Limited, Taylor Hobson Trustees Limited, AEM Limited, AMETEK Airtechnology Group Limited., AMETEK Holdings SARL, Amekai Meter (Xiamen) Co. Ltd., Direl Holding GmbH, Fine Tubes Limited, Motec GmbH, Muirhead Aerospace Limited, RETE Holding GmbH, Superior Tube Company Inc., Taylor Hobson Limited, AMETEK Hong Kong Private Limited, Airtechnology Pension Trustees Limited, SPECTRO Analytical Instruments (Pty) Ltd, SPECTRO Analytical Instruments Inc., Antavia SAS, Amekai Singapore Private Ltd., Amekai Taiwan Co. Ltd., Tubes Holdco Limited, AMETEK Elektromotory s.r.o, AMETEK Global Tubes LLC, AMETEK Instruments Group UK Limited, AMETEK Singapore Private Ltd., AMETEK (GB) Limited, AMETEK European Holdings Limited, Gatan Service Corporation, SkyBitz Petroleum Logistics LLC, AMETEK (Barbados) SRL, AMETEK Italia S.r.l., Sealtron Inc., AMETEK SCP (Barrow) Limited, Creaform Shanghai Ltd., Micro-Poise Industrial Equipment (Beijing) Ltd., SkyBitz Inc., SkyBitz Tank Monitoring Corporation, Haydon Linear Motors (Changzhou) Co. Ltd., 4DSP B.V., 4DSP LLC, AIP/MPM Funding Inc., AIP/MPM Holdings Inc., AMESP USVI LLC, AMETEK (Bermuda) Ltd., AMETEK (Thailand) Co. Ltd., AMETEK Aegis Inc., AMETEK Aerospace & Defense Group UK Ltd, AMETEK Aerospace & Power Holdings Inc., AMETEK Aircraft Parts & Accessories Inc., AMETEK Ameron LLC, AMETEK Arizona Instrument LLC, AMETEK B.V., AMETEK CTS US Inc., AMETEK Canada 2 ULC, AMETEK Canada 3 ULC, AMETEK Canada Limited Partnership, AMETEK Co. Ltd., AMETEK Commercial Enterprise Shanghai, AMETEK Creaform ULC, AMETEK Customer Service S. de R. L. de C.v., AMETEK DELCO Inc., AMETEK Denmark A/S, AMETEK Do Brasil Ltda., AMETEK EMG Holdings Inc., AMETEK Edinburgh Holdings LP, AMETEK Engineered Materials Sdn. Bhd., AMETEK Europe L.L.C., AMETEK European Holdings GmbH, AMETEK Finland Oy, AMETEK Grundbesitz GmbH, AMETEK HSA Inc., AMETEK Haydon Kerk Inc., AMETEK Holdings B.V. also registered as AMETEK Holdings B.V. Delaware Inc.1, AMETEK Holdings de Mexico S. de R.L., AMETEK Hughes-Treitler, AMETEK Industrial Technology (Shanghai) Co. Ltd., AMETEK Instrumentos S.L., AMETEK Instruments India Private Limited, AMETEK Lamb Motores de Mexico S. de R.L. de C.V., AMETEK Land Inc., AMETEK Latin America Holding Company S.à r.l., AMETEK MRO Florida Inc., AMETEK Magnetrol USA LLC, AMETEK Material Analysis Holdings GmbH, AMETEK Mexico Holding Company LLC, AMETEK Motors Asia Pte. Ltd., AMETEK PIP Holdings Inc., AMETEK Precitech Inc., AMETEK Programmable Power Inc., AMETEK Rotron, AMETEK S.A.S., AMETEK S.r.l., AMETEK SCP Inc., AMETEK Taiwan Co. Ltd., AMETEK Technical & Industrial Products Inc., AMETEK Thermal Systems Inc., AMETEK UK Finance Limited, Abaco Systems, Abaco Systems GK, Abaco Systems Holding Corp, Abaco Systems Inc., Abaco Systems Inc., Abaco Systems Limited, Abaco Systems PTY Limited, Abaco Systems Private Limited, Abaco Systems S.R.L., Abaco Systems Technology Corp, Abaco UK Holdco Limited, Advanced Industries, Advanced Measurement Technology Inc., Aero Components International Corp., Akron Standard Bestry (Guangzhou) Measurement Equipment Co. Ltd., Alphasense, Alphasense Limited, Alphasense SV Limited, Alphasense USA Inc., Amekai (BVI) Ltd., Ameron Global Inc, Ametek Advanced Industries Inc., Ametek-Reading Alloys Inc., Amptek Inc., Amptek Inc., Atlas Material Holdings Corporation, Atlas Material Testing Technology (India) Private Limited, Atlas Material Testing Technology BV, Atlas Material Testing Technology GmbH, Atlas Material Testing Technology L.L.C., Atlas Material Testing Technology LLC, Atlas Netherlands AcquisitionCo Coöperatief U.A., Avicenna Technology Inc., Avtech Avionics & Instruments LLC, B&S Aircraft, Brookfield Engineering, Cameca, Chandler Instruments Company L.L.C., Chandler Instruments Company LLC, Cognex - Surface Inspection Systems Division, Coining Holding Company, Coining Inc., Controls Southeast Inc., Crank, Crank Software, Crank Software ULC, Creaform, Creaform Inc., Creaform Software Inc., Creaform U.S.A. Inc., Crystal Engineering Corp, Crystal Engineering Corporation, Direl GmbH, Drake Air, Drake Air Inc., Drexelbrook Engineering Company, Dunkermotoren GmbH, Dunkermotoren USA Inc., EDAX Inc., EDAX LLC, EGS Automation, EGS Automation GmbH, EMA Corp., EMA Finance 1 LLC, EMA Finance 2 LLC, EMA Finance 3 LLC, EMA Holdings LLC, EMA Holdings UK Limited, EMA MX LLC, EMtest, ESP/SurgeX, FMH Aerospace Corp., FMH Holdings Corp., FMH Intermediate LLC, Forza Silicon Corporation, Foundation Technology Ltd, GS Electric, Gatan, Gatan Inc., Gatan U.K. Limited, Glasseal Products Inc., Global Tubes, HCC Industries Inc., HDR Power Systems LLC, HS Foils Oy, Hamilton Precision Metals Inc., Haydon Kerk Motion, Haydon Kerk Motion Solutions Inc., Hermetic Seal Corporation, High Standard Aviation, Imago Scientific Instruments, IntelliPower, IntelliPower Inc., Land Instruments International Ltd., Land Instruments International Ltd., Laserage Technology Corp, Luphos GmbH, MCG Acquisition Corporation, MI Technologies LLC, MOCON Europe A/S, MOCON Inc., Magnetrol International, Magnetrol International N.V., Micro-Poise Measurement Systems LLC, Micro-Poise Measurement Systems LLC, Mocon, Motec GmbH, Motec USA LLC, Motion Control Group, Muirhead Aerospace Limited, NSI-MI Technologies, NSI-MI Technologies LLC, NSI-MI UK Limited, Nearfield Systems LLC, NewAge Testing Instruments Inc., Newage Testing Instruments Inc., Nu Instruments Asia Ltd., Nu Instruments Limited, Nu Instruments Ltd, O'Brien Corp, OBCORP LLC., OOO “AMETEK”, Pacific Design Technologies Inc., Patriot Sensors & Controls Corporation, PennEngineering Motion Technologies, Petrolab L.L.C., Powervar, Powervar Deutschland GmbH, Powervar Inc., Powervar Mexico S.A. de C.V., Precitech, Quizix Inc., Rauland-Borg, Rauland-Borg Corporation, Rauland-Borg Corporation of Florida, Reichert Inc., Reichert Technologies, Responder Systems Corporation, Rotron Inc., SSH Non-Destructive Testing Inc., Six Brookside Drive Corporation., Solartron Group Ltd., Solidstate Controls Inc. de Argentina S.R.L., Solidstate Controls LLC, Solidstate Controls LLC, Solidstate Controls Mexico S.A. de C.V., Sound Com Corporation, Southern Aero Partners Inc., Southern Aeroparts Inc, Spectro Analytical Instruments Inc., Spectro Holdings Inc., Spectro Inc., Spectro International Holdings Inc., Spectro Scientific, Spectro Scientific Inc., Sterling Ultra Precision Inc., Sunpower, Sunpower Inc., TPM Russia Inc., Taylor Hobson Holdings Limited, Taylor Hobson Inc., Technical Manufacturing Corp, Technical Manufacturing Corporation, Technical Services for Electronics Inc., Telular, Telular Corporation, Teseq AG, Thelsha Technical Services, Tritex Corporation, Unispec Marketing Pvt. Ltd., Universal Analyzers Inc., VTI Instruments Corporation, VTI Instruments Private Limited, VTI Integrated Systems Private Limited, Vision Research Europe B.V., Vision Research Inc., Vision Research Inc., Vision Research S.R.L., Zemetrics Inc., Zygo Corporation, Zygo Corporation, Zygo Pte Ltd., Zygo Richmond Corporation, and ZygoLamda Metrology Instrument (Shanghai) Co. Ltd..
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This page (NYSE:AME) was last updated on 4/13/2024 by MarketBeat.com Staff

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