AMETEK (NYSE:AME) Updates FY25 Earnings Guidance

AMETEK (NYSE:AME) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $7.02-7.18 for the period, compared to the consensus EPS estimate of $7.29. AMETEK also updated its FY 2025 guidance to 7.020-7.180 EPS.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AME shares. BNP Paribas raised 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. Truist Financial boosted their price objective on shares of AMETEK from $221.00 to $222.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Bank of America raised shares of AMETEK from a “neutral” rating to a “buy” rating and raised their target price for the stock from $195.00 to $225.00 in a research report on Monday, December 16th. StockNews.com raised AMETEK from a “hold” rating to a “buy” rating in a research note on Tuesday, January 28th. Finally, Robert W. Baird decreased their target price on AMETEK from $200.00 to $197.00 and set a “neutral” rating for the company in a research report on Wednesday. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $204.67.

AMETEK Stock Down 0.6 %

NYSE AME traded down $1.12 during midday trading on Wednesday, hitting $179.38. 298,057 shares of the company traded hands, compared to its average volume of 1,311,317. The company has a market cap of $41.49 billion, a PE ratio of 31.17, a price-to-earnings-growth ratio of 2.67 and a beta of 1.16. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 0.84. AMETEK has a 52 week low of $149.03 and a 52 week high of $198.33. The company’s 50-day simple moving average is $184.84 and its 200-day simple moving average is $176.58.

AMETEK (NYSE:AME) last posted its earnings results on Tuesday, February 4th. The technology company reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.02. The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.82 billion. AMETEK had a return on equity of 16.88% and a net margin of 19.27%. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.68 earnings per share. As a group, equities research analysts forecast that AMETEK will post 6.8 earnings per share for the current year.

AMETEK Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a yield of 0.62%. AMETEK’s payout ratio is 19.51%.

Insiders Place Their Bets

In other news, insider David F. Hermance sold 6,243 shares of the business’s stock in a transaction on 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 sale, the insider now directly owns 36,731 shares of the company’s stock, valued at $7,015,253.69. The trade was a 14.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Emanuela Speranza sold 6,747 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $195.90, for a total value of $1,321,737.30. Following the sale, the insider now owns 30,460 shares in the company, valued at approximately $5,967,114. The trade was a 18.13 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,200 shares of company stock valued at $5,707,620. 0.61% of the stock is currently owned by 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.