Ametek Inc Stock Today

AME Stock  USD 183.72  2.05  1.13%   

Performance

15 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Ametek is trading at 183.72 as of the 28th of March 2024, a 1.13 percent increase since the beginning of the trading day. The stock's lowest day price was 181.79. Ametek has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Ametek Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of October 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
19th of July 1984
Category
Industrials
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. AMETEK, Inc. was founded in 1930 and is headquartered in Berwyn, Pennsylvania. AMETEK operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 231.21 M outstanding shares of which 2.38 M shares are presently shorted by investors with about 2.03 days to cover. More on Ametek Inc

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Ametek Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ametek's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ametek or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Ametek's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ametek's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanFrank Hermance
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationElectrical Components & Equipment, Specialty Industrial Machinery, Industrials, NYSE Composite, SP 500 Index, Electrical Equipment, Industrials, Electrical Equipment, Specialty Industrial Machinery, Industrials (View all Sectors)
Excise Tax ActivitiesMilitary Contract
Average Analyst Recommendation
Analysts covering Ametek report their recommendations after researching Ametek's financial statements, talking to executives and customers, or listening in on Ametek's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ametek Inc. The Ametek consensus assessment is calculated by taking the average forecast from all of the analysts covering Ametek.
Financial Strength
Based on the analysis of Ametek's profitability, liquidity, and operating efficiency, Ametek Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Ametek Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06180.0874
Way Down
Slightly volatile
Asset Turnover0.420.4391
Sufficiently Down
Slightly volatile
Gross Profit Margin0.230.3614
Way Down
Pretty Stable
Net DebtB2.9 B
Sufficiently Up
Slightly volatile
Total Current LiabilitiesB2.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.6 B3.4 B
Sufficiently Up
Slightly volatile
Total Assets15.8 B15 B
Sufficiently Up
Slightly volatile
Total Current AssetsB2.8 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.8 B1.7 B
Sufficiently Up
Slightly volatile
Ametek's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ametek's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ametek's financial leverage. It provides some insight into what part of Ametek's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ametek's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ametek deploys its capital and how much of that capital is borrowed.
Liquidity
Ametek cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.31 B in debt with debt to equity (D/E) ratio of 0.35, which is OK given its current industry classification. Ametek Inc has a current ratio of 1.5, which is typical for the industry and considered as normal. Debt can assist Ametek until it has trouble settling it off, either with new capital or with free cash flow. So, Ametek's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ametek Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ametek to invest in growth at high rates of return. When we think about Ametek's use of debt, we should always consider it together with cash and equity.

Change In Cash

67.64 Million
Ametek Inc (AME) is traded on New York Stock Exchange in USA. It is located in 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 and employs 21,500 people. Ametek is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 42.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ametek's market, we take the total number of its shares issued and multiply it by Ametek's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ametek Inc runs under Electrical Equipment sector within Industrials industry. The entity has 231.21 M outstanding shares of which 2.38 M shares are presently shorted by investors with about 2.03 days to cover. Ametek Inc has about 345.39 M in cash with 1.74 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.35.
Check Ametek Probability Of Bankruptcy
Ownership Allocation
Ametek Inc retains a total of 231.21 Million outstanding shares. The majority of Ametek Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ametek Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ametek. Please pay attention to any change in the institutional holdings of Ametek Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Ametek Ownership Details

Ametek Stock Price Odds Analysis

What are Ametek's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ametek jumping above the current price in 90 days from now is about 6.8%. The Ametek Inc probability density function shows the probability of Ametek stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Ametek has a beta of 0.973. This suggests Ametek Inc market returns are highly-sensitive to returns on the market. As the market goes up or down, Ametek is expected to follow. Additionally, ametek Inc has an alpha of 0.0504, implying that it can generate a 0.0504 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 183.72HorizonTargetOdds Above 183.72
93.12%90 days
 183.72 
6.80%
Based on a normal probability distribution, the odds of Ametek to move above the current price in 90 days from now is about 6.8 (This Ametek Inc probability density function shows the probability of Ametek Stock to fall within a particular range of prices over 90 days) .

Ametek Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Ametek that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ametek's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ametek's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
3.9 M
Norges Bank2023-12-31
3.6 M
Alliancebernstein L.p.2023-12-31
3.1 M
Boston Partners Global Investors, Inc2023-12-31
M
Alecta Pensionsforsakring, Omsesidigt2023-12-31
2.8 M
Bank Of New York Mellon Corp2023-12-31
2.8 M
Flossbach Von Storch Ag2023-12-31
2.6 M
Champlain Investment Partners, Llc2023-12-31
2.4 M
Northern Trust Corp2023-12-31
2.3 M
Vanguard Group Inc2023-12-31
25.6 M
Blackrock Inc2023-12-31
17.3 M
View Ametek Diagnostics

Ametek Historical Income Statement

Ametek Inc Income Statement is one of the three primary financial statements used for reporting Ametek's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ametek Inc revenue and expense. Ametek Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Ametek's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 704.4 M, whereas Net Income From Continuing Ops is forecasted to decline to about 744.9 M. View More Fundamentals

Ametek Stock Against Markets

Picking the right benchmark for Ametek stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ametek stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ametek is critical whether you are bullish or bearish towards Ametek Inc at a given time. Please also check how Ametek's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ametek without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Ametek Corporate Directors

Ametek corporate directors refer to members of an Ametek board of directors. The board of directors generally takes responsibility for the Ametek's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ametek's board members must vote for the resolution. The Ametek board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dennis WilliamsIndependent DirectorProfile
Elizabeth VaretIndependent DirectorProfile
James MaloneIndependent DirectorProfile
Charles KleinIndependent DirectorProfile

How to buy Ametek Stock?

Before investing in Ametek, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ametek. To buy Ametek stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ametek. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ametek stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ametek Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ametek Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ametek Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ametek Stock please use our How to Invest in Ametek guide.

Already Invested in Ametek Inc?

The danger of trading Ametek Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ametek is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ametek. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ametek Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ametek Inc is a strong investment it is important to analyze Ametek's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Ametek's price analysis, check to measure Ametek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.
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Is Ametek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ametek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.113
Dividend Share
1
Earnings Share
5.68
Revenue Per Share
28.618
Quarterly Revenue Growth
0.065
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ametek's market value can be influenced by many factors that don't directly affect Ametek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.