AME vs. ETN, EMR, ROP, ROK, ENPH, GNRC, AYI, FELE, WIRE, and ENS
Should you be buying AMETEK stock or one of its competitors? The main competitors of AMETEK include Eaton (ETN), Emerson Electric (EMR), Roper Technologies (ROP), Rockwell Automation (ROK), Enphase Energy (ENPH), Generac (GNRC), Acuity Brands (AYI), Franklin Electric (FELE), Encore Wire (WIRE), and EnerSys (ENS). These companies are all part of the "electrical components & equipment" industry.
Eaton (NYSE:ETN) and AMETEK (NYSE:AME) are both large-cap industrial products companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, risk, dividends, media sentiment, profitability, institutional ownership, valuation and community ranking.
Eaton presently has a consensus price target of $323.06, suggesting a potential upside of 8.49%. AMETEK has a consensus price target of $181.20, suggesting a potential upside of 5.14%. Given AMETEK's higher probable upside, research analysts plainly believe Eaton is more favorable than AMETEK.
Eaton has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, AMETEK has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500.
Eaton received 310 more outperform votes than AMETEK when rated by MarketBeat users. However, 72.16% of users gave AMETEK an outperform vote while only 66.59% of users gave Eaton an outperform vote.
Eaton has higher revenue and earnings than AMETEK. AMETEK is trading at a lower price-to-earnings ratio than Eaton, indicating that it is currently the more affordable of the two stocks.
AMETEK has a net margin of 19.57% compared to AMETEK's net margin of 14.38%. AMETEK's return on equity of 20.69% beat Eaton's return on equity.
83.0% of Eaton shares are owned by institutional investors. Comparatively, 87.4% of AMETEK shares are owned by institutional investors. 0.5% of Eaton shares are owned by company insiders. Comparatively, 0.6% of AMETEK shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, Eaton had 6 more articles in the media than AMETEK. MarketBeat recorded 19 mentions for Eaton and 13 mentions for AMETEK. Eaton's average media sentiment score of 0.75 beat AMETEK's score of 0.73 indicating that AMETEK is being referred to more favorably in the news media.
Eaton pays an annual dividend of $3.76 per share and has a dividend yield of 1.3%. AMETEK pays an annual dividend of $1.12 per share and has a dividend yield of 0.6%. Eaton pays out 44.4% of its earnings in the form of a dividend. AMETEK pays out 19.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Eaton has increased its dividend for 15 consecutive years. Eaton is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Eaton beats AMETEK on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AME and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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