AMETEK (NYSE:AME – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 7.020-7.180 for the period, compared to the consensus estimate of 7.310. The company issued revenue guidance of -. AMETEK also updated its FY25 guidance to $7.02-7.18 EPS.
AMETEK Stock Up 0.5 %
Shares of NYSE AME traded up $0.95 during trading hours on Thursday, hitting $181.18. 349,161 shares of the stock were exchanged, compared to its average volume of 1,347,587. The company has a market cap of $41.91 billion, a PE ratio of 31.61, a PEG ratio of 2.67 and a beta of 1.16. AMETEK has a 12 month low of $149.03 and a 12 month high of $198.33. The company has a quick ratio of 0.84, a current ratio of 1.39 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average price of $184.54 and a 200-day moving average price of $176.61.
AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $1.87 EPS for the quarter, beating the consensus estimate of $1.85 by $0.02. AMETEK had a return on equity of 16.88% and a net margin of 19.27%. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the prior year, the business posted $1.68 EPS. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. On average, sell-side analysts expect that AMETEK will post 6.8 EPS for the current year.
AMETEK Dividend Announcement
Analyst Ratings Changes
Several analysts have weighed in on AME shares. BNP Paribas raised shares of AMETEK from a “neutral” rating to an “outperform” rating and set a $210.00 target price on the stock in a research report on Thursday, January 16th. Robert W. Baird cut their target price on AMETEK from $200.00 to $197.00 and set a “neutral” rating on the stock in a research report on Wednesday. Bank of America raised AMETEK from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $195.00 to $225.00 in a research report on Monday, December 16th. KeyCorp increased their price objective on AMETEK from $205.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. Finally, Mizuho lifted their target price on AMETEK from $190.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $204.67.
Check Out Our Latest Analysis on AME
Insider Activity at AMETEK
In related news, insider David F. Hermance sold 6,243 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $190.99, for a total transaction of $1,192,350.57. Following the completion of the transaction, the insider now owns 36,731 shares in the company, valued at $7,015,253.69. This represents a 14.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tony J. Ciampitti sold 16,210 shares of AMETEK stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $197.01, for a total value of $3,193,532.10. Following the completion of the sale, the insider now owns 49,490 shares in the company, valued at approximately $9,750,024.90. The trade was a 24.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,200 shares of company stock worth $5,707,620 in the last three months. Company insiders own 0.61% of the company’s stock.
About AMETEK
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.
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