NYSE:AMEAMETEK Stock Price, Forecast & News

$85.90

+1.04 (+1.23 %)

(As of 05/25/2020 09:20 AM ET)

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Today's Range

$84.46

Now: $85.90▼

$86.00

50-Day Range

$69.81

MA: $78.76▼

$84.83

52-Week Range

$54.82

Now: $85.90▼

$102.31

Volume1.27 million shs

Average Volume1.47 million shs

Market Capitalization$19.71 billion

P/E Ratio21.05

Dividend Yield0.84%

Beta1.23

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. The company's Electronic Instruments segment offers advanced instruments for the process, aerospace, power, and industrial markets; process control instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; and instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets. This segment also provides power quality monitoring and metering, uninterruptible power systems, programmable power equipment, electromagnetic compatibility test equipment, sensors for gas turbines, dashboard instruments for heavy trucks and other vehicles, and instrumentation and controls for the food and beverage industries; and aircraft and engine sensors, monitoring systems, power supplies, fuel and fluid measurement systems, and data acquisition units for the aerospace industry. Its Electromechanical Group segment offers engineered electrical connectors and electronics packaging used in aerospace and defense, medical, and industrial applications; advanced precision motion control products for use in a range of automation applications across the medical, semiconductor, aerospace, defense, and food and beverage industries; high-purity powdered metals, strip and foil, specialty clad metals, and metal matrix composites; blowers and heat exchangers for aerospace and defense industries; and motors for use in commercial appliances, fitness equipment, food and beverage machines, hydraulic pumps, and industrial blowers. This segment also operates a network of aviation maintenance, repair, and overhaul facilities. In addition, the company offers clinical and education communication solutions for hospitals, health systems, and educational facilities. AMETEK, Inc. was founded in 1930 and is headquartered in Berwyn, Pennsylvania.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
AMETEK has received a consensus rating of Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $98.86, AMETEK has a potential upside of 15.1% from its current price of $85.90.
Amount of Analyst Coverage
AMETEK has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
AMETEK has received 509 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AMETEK has received 378 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AMETEK has received 57.38% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AMETEK and other stocks. Vote “Outperform” if you believe AME will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AME will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
AMETEK is a leading dividend payer. It pays a dividend yield of 0.84%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AMETEK has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of AMETEK is 17.18 %. 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 18.05 % next year. This indicates that AMETEK will be able to sustain or increase its dividend.

1.0 Company Ownership

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 $272,570.00 in company stock.
Percentage Held by Insiders
Only 0.74% of the stock of AMETEK is held by insiders.
Percentage Held by Institutions
85.59% of the stock of AMETEK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for AMETEK are expected to grow by 12.39% in the coming year, from $3.55 to $3.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AMETEK is 21.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of AMETEK is 21.05, 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 40.69.
Price to Earnings Growth Ratio
AMETEK has a PEG Ratio of 3.45. 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 3.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.37 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Motors & generators

Sub-IndustryElectrical Components & Equipment

SectorComputer and Technology

Current SymbolNYSE:AME

Previous Symbol

CUSIP03110010

CIK1037868

Webwww.ametek.com

Phone610-647-2121

Debt

Debt-to-Equity Ratio0.51

Current Ratio1.88

Quick Ratio1.43

Price-To-Earnings

Trailing P/E Ratio21.05

Forward P/E Ratio24.20

P/E Growth3.45

Sales & Book Value

Annual Sales$5.16 billion

Price / Sales3.82

Cash Flow$5.23 per share

Price / Cash Flow16.41

Book Value$22.38 per share

Price / Book3.84

Profitability

EPS (Most Recent Fiscal Year)$4.19

Net Income$861.30 million

Net Margins18.48%

Return on Equity18.77%

Return on Assets9.68%

Miscellaneous

Employees18,100

Outstanding Shares229,430,000

Market Cap$19.71 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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AMETEK (NYSE:AME) Frequently Asked Questions

How has AMETEK's stock been impacted by COVID-19 (Coronavirus)?

AMETEK's stock was trading at $77.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AME shares have increased by 11.2% and is now trading at $85.90. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of AMETEK?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AMETEK in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for AMETEK.

When is AMETEK's next earnings date?

AMETEK is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for AMETEK.

How were AMETEK's earnings last quarter?

AMETEK, Inc. (NYSE:AME) announced its quarterly earnings results on Tuesday, May, 5th. The technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.06. The technology company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.24 billion. AMETEK had a return on equity of 18.77% and a net margin of 18.48%. AMETEK's revenue for the quarter was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.00 earnings per share. View AMETEK's earnings history.

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

AMETEK declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.18 per share on Tuesday, June 30th. This represents a $0.72 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Thursday, June 11th. View AMETEK's dividend history.

How will AMETEK's stock buyback program work?

AMETEK declared that its board has approved a share buyback plan on Wednesday, February 13th 2019, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 2.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

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

AMETEK issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 16th. The company provided earnings per share (EPS) guidance of 1.01-1.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.98. The company issued revenue guidance of $1.204-1.204 billion, compared to the consensus revenue estimate of $1.27 billion.

What price target have analysts set for AME?

13 analysts have issued 1 year target prices for AMETEK's stock. Their forecasts range from $84.00 to $125.00. On average, they anticipate AMETEK's stock price to reach $98.86 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price. View analysts' price targets for AMETEK.

Has AMETEK been receiving favorable news coverage?

Press coverage about AME stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AMETEK earned a news impact score of 1.5 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutAMETEK.

Who are some of AMETEK's key competitors?

Some companies that are related to AMETEK include Roper Technologies (ROP), Emerson Electric (EMR), Eaton (ETN), Rockwell Automation (ROK), Generac (GNRC), Enphase Energy (ENPH), II-VI (IIVI), Acuity Brands (AYI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Vicor (VICR), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all competitors.

What other stocks do shareholders of AMETEK own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AMETEK investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Starbucks (SBUX) and Accenture (ACN).

Who are AMETEK's key executives?

AMETEK's management team includes the following people:

Mr. David A. Zapico, Chairman & CEO (Age 54)
Mr. William Joseph Burke, Exec. VP & CFO (Age 57)
Mr. John Wesley Hardin Jr., Pres of Electronic Instruments (Age 54)
Thomas C. Marecic, Pres of Electronic Instruments (Age 57)
Mr. Timothy N. Jones, Pres of Electromechanical Group (Age 62)

What is AMETEK's stock symbol?

AMETEK trades on the New York Stock Exchange (NYSE) under the ticker symbol "AME."

Who are AMETEK's major shareholders?

AMETEK's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.06%), State Street Corp (3.98%), Massachusetts Financial Services Co. MA (3.03%), JPMorgan Chase & Co. (2.31%), Geode Capital Management LLC (1.57%) and Mawer Investment Management Ltd. (1.56%). Company insiders that own AMETEK stock include Anthony James Conti, David A Zapico, Dennis K Williams, Elizebeth R Varet, Gretchen W Mcclain, John Wesley Hardin, Ronald J Oscher, Ruby R Chandy, Steven W Kohlhagen, Thomas A Amato, Thomas C Marecic, Thomas M Montgomery, Timothy N Jones, Tony J Ciampitti, William D Eginton and William Joseph Burke. View institutional ownership trends for AMETEK.

Which major investors are selling AMETEK stock?

AME stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, The Manufacturers Life Insurance Company , Alliancebernstein L.P., BlackRock Inc., Massachusetts Financial Services Co. MA, Wellington Management Group LLP, Schroder Investment Management Group, and UBS Group AG. Company insiders that have sold AMETEK company stock in the last year include Anthony James Conti, David A Zapico, Dennis K Williams, Elizebeth R Varet, Gretchen W Mcclain, Ronald J Oscher, Ruby R Chandy, Thomas C Marecic, Thomas M Montgomery, Tony J Ciampitti, and William Joseph Burke. View insider buying and selling activity for AMETEK.

Which major investors are buying AMETEK stock?

AME stock was bought by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Primecap Management Co. CA, Invesco Ltd., Champlain Investment Partners LLC, Atlanta Capital Management Co. L L C, Fred Alger Management LLC, Nuveen Asset Management LLC, and Janus Henderson Group PLC. View insider buying and selling activity for AMETEK.

How do I buy shares of AMETEK?

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

What is AMETEK's stock price today?

One share of AME stock can currently be purchased for approximately $85.90.

How big of a company is AMETEK?

AMETEK has a market capitalization of $19.71 billion and generates $5.16 billion in revenue each year. The technology company earns $861.30 million in net income (profit) each year or $4.19 on an earnings per share basis. AMETEK employs 18,100 workers across the globe.

What is AMETEK's official website?

The official website for AMETEK is www.ametek.com.

How can I contact AMETEK?

AMETEK's mailing address is 1100 CASSATT ROAD, BERWYN PA, 19312. The technology company can be reached via phone at 610-647-2121.

This page was last updated on 5/25/2020 by MarketBeat.com Staff