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 %
NYSE:AME traded up $0.95 during mid-day trading on Thursday, hitting $181.18. The stock had a trading volume of 349,161 shares, compared to its average volume of 1,347,587. The company has a current ratio of 1.39, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. AMETEK has a twelve month low of $149.03 and a twelve month high of $198.33. The company has a market capitalization of $41.91 billion, a PE ratio of 31.61, a PEG ratio of 2.67 and a beta of 1.16. The stock has a 50-day simple moving average of $184.54 and a two-hundred day simple moving average of $176.61.
AMETEK (NYSE:AME – Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.02. AMETEK had a return on equity of 16.88% and a net margin of 19.27%. The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the firm earned $1.68 earnings per share. AMETEK’s quarterly revenue was up 1.8% on a year-over-year basis. On average, equities research analysts anticipate that AMETEK will post 6.8 EPS for the current year.
AMETEK Dividend Announcement
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on AME shares. Truist Financial raised their price objective on AMETEK from $221.00 to $222.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. Robert W. Baird reduced their price objective on AMETEK from $200.00 to $197.00 and set a “neutral” rating for the company in a research note on Wednesday. StockNews.com downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Wednesday. Bank of America upgraded shares of AMETEK from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $195.00 to $225.00 in a research note on Monday, December 16th. Finally, BNP Paribas upgraded shares of AMETEK from a “neutral” rating to an “outperform” rating and set a $210.00 target price for the company in a research note on Thursday, January 16th. 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.67.
Get Our Latest Analysis on AMETEK
Insider Buying and Selling at AMETEK
In other AMETEK news, insider Emanuela Speranza sold 6,747 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $195.90, for a total transaction of $1,321,737.30. Following the sale, the insider now directly owns 30,460 shares in the company, valued at approximately $5,967,114. The trade was a 18.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tony J. Ciampitti sold 16,210 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $197.01, for a total transaction of $3,193,532.10. Following the completion of the sale, the insider now directly 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. Over the last quarter, insiders sold 29,200 shares of company stock valued at $5,707,620. 0.61% of the stock is owned by company insiders.
AMETEK Company Profile
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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