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NYSE:AME

AMETEK (AME) Stock Price, News & Analysis

AMETEK logo
$183.40
+14.49 (+8.58%)
(As of 10/31/2024 ET)

About AMETEK Stock (NYSE:AME)

Key Stats

Today's Range
$178.70
$184.15
50-Day Range
$163.75
$172.30
52-Week Range
$136.89
$186.32
Volume
2.56 million shs
Average Volume
1.14 million shs
Market Capitalization
$42.45 billion
P/E Ratio
31.95
Dividend Yield
0.61%
Price Target
$193.29
Consensus Rating
Moderate Buy

Company Overview

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.

AMETEK Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

AME MarketRank™: 

AMETEK scored higher than 86% of companies evaluated by MarketBeat, and ranked 73rd out of 675 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AMETEK has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    AMETEK has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about AMETEK's stock forecast and price target.
  • Earnings Growth

    Earnings for AMETEK are expected to grow by 7.69% in the coming year, from $6.76 to $7.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AMETEK is 31.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AMETEK is 31.86, 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 271.48.

  • Price to Earnings Growth Ratio

    AMETEK has a PEG Ratio of 2.77. 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 4.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about AMETEK's valuation and earnings.
  • Percentage of Shares Shorted

    0.95% of the float of AMETEK has been sold short.
  • Short Interest Ratio / Days to Cover

    AMETEK has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AMETEK has recently increased by 0.92%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    AMETEK has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    AMETEK does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of AMETEK is 19.68%. 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 15.38% next year. This indicates that AMETEK will be able to sustain or increase its dividend.

  • Read more about AMETEK's dividend.
  • Percentage of Shares Shorted

    0.95% of the float of AMETEK has been sold short.
  • Short Interest Ratio / Days to Cover

    AMETEK has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AMETEK has recently increased by 0.92%, indicating that investor sentiment is decreasing.
  • News Sentiment

    AMETEK has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for AMETEK this week, compared to 9 articles on an average week.
  • Search Interest

    Only 1 people have searched for AME on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added AMETEK to their MarketBeat watchlist in the last 30 days.
  • 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 $250,521.00 in company stock.

  • Percentage Held by Insiders

    Only 0.61% of the stock of AMETEK is held by insiders.

  • Percentage Held by Institutions

    87.43% of the stock of AMETEK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AMETEK's insider trading history.
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AME Stock News Headlines

Ametek Q3 2024 Earnings Preview
Ametek Inc. Q3 Profit Decreases, But Beats Estimates
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
AMETEK (NYSE:AME) Reports Q3 In Line With Expectations
AMETEK Announces Third Quarter Results
AMETEK Acquires Virtek Vision International
AMETEK (AME) To Report Earnings Tomorrow: Here Is What To Expect
See More Headlines

AME Stock Analysis - Frequently Asked Questions

AMETEK's stock was trading at $164.89 at the beginning of 2024. Since then, AME shares have increased by 10.9% and is now trading at $182.87.
View the best growth stocks for 2024 here
.

AMETEK, Inc. (NYSE:AME) issued its quarterly earnings results on Thursday, August, 1st. The technology company reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.64 by $0.02. The company's quarterly revenue was up 5.4% compared to the same quarter last year.
Read the conference call transcript
.

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

Top institutional shareholders of AMETEK include AustralianSuper Pty Ltd (0.54%), DekaBank Deutsche Girozentrale (0.37%), Meridiem Investment Management Ltd. (0.33%) and National Pension Service (0.26%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that AMETEK investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Today
10/31/2024
Next Earnings (Confirmed)
10/31/2024
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
$193.29
High Stock Price Target
$219.00
Low Stock Price Target
$158.00
Potential Upside/Downside
+5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.31 billion
Pretax Margin
23.87%

Debt

Sales & Book Value

Annual Sales
$6.82 billion
Cash Flow
$8.54 per share
Book Value
$37.83 per share

Miscellaneous

Free Float
230,124,000
Market Cap
$42.45 billion
Optionable
Optionable
Beta
1.17

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This page (NYSE:AME) was last updated on 10/31/2024 by MarketBeat.com Staff
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