A share price of Ametek Inc [AME] is currently trading at $182.11, up 0.75%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AME shares have lost -3.36% over the last week, with a monthly amount drifted -5.87%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ametek Inc [NYSE: AME] stock has seen the most recent analyst activity on December 16, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $225 from $195. Previously, TD Cowen downgraded its rating to Sell on October 07, 2024. On May 22, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $200 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $210 on March 14, 2024. TD Cowen downgraded its rating to a Market Perform and reduced its price target to $160 on November 27, 2023. Exane BNP Paribas started tracking with a Neutral rating for this stock on October 05, 2023, and assigned it a price target of $159. In a note dated August 07, 2023, Seaport Research Partners initiated an Buy rating and provided a target price of $195 on this stock.
Ametek Inc experienced fluctuations in its stock price throughout the past year between $149.03 and $198.33. Currently, Wall Street analysts expect the stock to reach $203 within the next 12 months. Ametek Inc [NYSE: AME] shares were valued at $182.11 at the most recent close of the market. An investor can expect a potential return of 11.47% based on the average AME price forecast.
Analyzing the AME fundamentals
Trailing Twelve Months sales for Ametek Inc [NYSE:AME] were 6.91B which represents 5.28% growth. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.15 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 181.08 points at the first support level, and at 180.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 183.09, and for the 2nd resistance point, it is at 184.08.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ametek Inc [NYSE:AME] is 1.39. Further, the Quick Ratio stands at 0.84, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 6.10, the price to book ratio is 4.41 and price to earnings (TTM) ratio is 31.74.
Transactions by insiders
Recent insider trading involved Speranza Emanuela, CHIEF COMMERCIAL OFFICER, that happened on Nov 26 ’24 when 6747.0 shares were sold. CHIEF EXECUTIVE OFFICER, ZAPICO DAVID A completed a deal on Nov 25 ’24 to sell 98644.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER ZAPICO DAVID A sold 22720.0 shares on Nov 26 ’24.
