AMETEK, Inc (AME) is a leading specialty industrial machinery business based in the US. It opened the day at $117.01 after a previous close of $118.35. During the day the price has varied from a low of $116.8 to a high of $118.54. The latest price was $118.38 (25 minute delay). AMETEK is listed on the NYSE and employs 18,100 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, AMETEK's share price has had significant positive movement.
Its last market close was $107.55, which is 7.63% up on its pre-crash value of $99.34 and 96.19% up on the lowest point reached during the March crash when the shares fell as low as $54.82.
If you had bought $1,000 worth of AMETEK shares at the start of February 2020, those shares would have been worth $595.49 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,100.24.
|52-week range||$54.5277 - $121.4986|
|50-day moving average||$117.5409|
|200-day moving average||$102.4384|
|Wall St. target price||$125.07|
|Dividend yield||$0.72 (0.6%)|
|Earnings per share (TTM)||$3.78|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2021-01-15)||-0.52%|
|1 month (2020-12-23)||-0.20%|
|3 months (2020-10-23)||9.86%|
|6 months (2020-07-23)||26.85%|
|1 year (2020-01-23)||17.46%|
|2 years (2019-01-23)||67.42%|
|3 years (2018-01-23)||53.74%|
|5 years (2016-01-22)||152.36%|
Valuing AMETEK stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AMETEK's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
AMETEK's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, AMETEK shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, AMETEK's P/E ratio is best considered in relation to those of others within the specialty industrial machinery industry or those of similar companies.
AMETEK's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.7684. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into AMETEK's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider AMETEK's PEG ratio in relation to those of similar companies.
AMETEK's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.3 billion (£0.0 million).
The EBITDA is a measure of a AMETEK's overall financial performance and is widely used to measure a its profitability.
To put AMETEK's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||$4.6 billion|
|Operating margin TTM||22.49%|
|Gross profit TTM||$1.8 billion|
|Return on assets TTM||6.65%|
|Return on equity TTM||16.5%|
|Market capitalisation||$27.4 billion|
TTM: trailing 12 months
There are currently 1.7 million AMETEK shares held short by investors – that's known as AMETEK's "short interest". This figure is 16.5% down from 2.1 million last month.
There are a few different ways that this level of interest in shorting AMETEK shares can be evaluated.
AMETEK's "short interest ratio" (SIR) is the quantity of AMETEK shares currently shorted divided by the average quantity of AMETEK shares traded daily (recently around 968736.15819209). AMETEK's SIR currently stands at 1.77. In other words for every 100,000 AMETEK shares traded daily on the market, roughly 1770 shares are currently held short.
To gain some more context, you can compare AMETEK's short interest ratio against those of similar companies.
However AMETEK's short interest can also be evaluated against the total number of AMETEK shares, or, against the total number of tradable AMETEK shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case AMETEK's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 AMETEK shares in existence, roughly 10 shares are currently held short) or 0.0084% of the tradable shares (for every 100,000 tradable AMETEK shares, roughly 8 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against AMETEK.
Find out more about how you can short AMETEK stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like AMETEK.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 33.32
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and AMETEK's overall score of 33.32 (as at 01/01/2019) is nothing to write home about – landing it in it in the 57th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like AMETEK is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
To gain some more context, you can compare AMETEK's total ESG risk score against those of similar companies.
Environmental score: 10.08/100
AMETEK's environmental score of 10.08 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that AMETEK is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 15.44/100
AMETEK's social score of 15.44 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that AMETEK is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 8.8/100
AMETEK's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that AMETEK is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, AMETEK scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that AMETEK has, for the most part, managed to keep its nose clean.
Wondering how that compares? Below are the controversy scores of similar companies.
|Total ESG score||33.32|
|Total ESG percentile||56.8|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||2|
Dividend payout ratio: 18.23% of net profits
Recently AMETEK has paid out, on average, around 18.23% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.6% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), AMETEK shareholders could enjoy a 0.6% return on their shares, in the form of dividend payments. In AMETEK's case, that would currently equate to about $0.72 per share.
While AMETEK's payout ratio might seem low, this can signify that AMETEK is investing more in its future growth.
AMETEK's most recent dividend payout was on 24 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 4 December 2020 (the "ex-dividend date").
AMETEK's dividend payout ratio is perhaps best considered in relation to those of similar companies.
AMETEK's shares were split on a 3:2 basis on 2 July 2012. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your AMETEK shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for AMETEK shares which in turn could have impacted AMETEK's share price.
Over the last 12 months, AMETEK's shares have ranged in value from as little as $54.5277 up to $121.4986. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while AMETEK's is 1.3696. This would suggest that AMETEK's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put AMETEK's beta into context you can compare it against those of similar companies.
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. It operates through 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. This segment also provides power quality monitoring and metering, uninterruptible power supplies, programmable power equipment, electromagnetic compatibility test equipment, sensors for gas turbines, dashboard instruments for heavy trucks and other vehicles, and instrumentation and controls for the food and beverage industries; and aircraft and engine sensors, monitoring systems, power supplies, fuel and fluid measurement systems, and data acquisition units for the aerospace industry. Its EMG segment offers engineered electrical connectors and electronics packaging for protecting sensitive electronic devices; precision motion control products for data storage, medical devices, business equipment, automation and other applications; high-purity powdered metals, strip and foil, 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 education communication solutions for hospitals, health systems, and educational facilities. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.
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