AME

The Basics of AMETEK Stock – A Quick Overview

Join us for a quick overview of AMETEK, a Farm & Heavy Construction Machinery company whose shares moved 0.4% today. Here are some facts about the stock that should help you see the bigger picture:

  • AMETEK has moved 10.6% over the last year, and the S&P 500 logged a change of 15.4%

  • AME has an average analyst rating of buy and is -8.38% away from its mean target price of $172.15 per share

  • Its trailing earnings per share (EPS) is $5.52

  • AMETEK has a trailing 12 month Price to Earnings (P/E) ratio of 28.6 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $6.76 and its forward P/E ratio is 23.3

  • The company has a Price to Book (P/B) ratio of 4.36 in contrast to the S&P 500's average ratio of 2.95

  • AMETEK is part of the Industrials sector, which has an average P/E ratio of 22.19 and an average P/B of 4.06

  • AME has reported YOY quarterly earnings growth of 14.0% and gross profit margins of 0.4%

  • The company has a free cash flow of $1.12 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. It operates in two segments, Electronic Instruments (EIG) and Electromechanical (EMG). 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; and instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets.Its EMG segment offers 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, automation, and other applications; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for use in thermal management, military, commercial aircraft, and military ground vehicles; 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 educational communication solutions. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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