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Is this Large Market Cap Stock target price reasonable for Ametek Inc. (NYSE:AME)?

The company in question is, Ametek Inc. (NYSE:AME) currently with a stock price of 45.84 (0.31% today). The market cap for Ametek Inc. is 10621.59, and is in the sector Industrial Goods, and Diversified Machinery industry. The target price for Ametek Inc. is 53.64. Currently Ametek Inc. is trading with a P/E of 19.28, and a forward P/E of 18.4. Average volume for Ametek Inc. is 1567.24 and so far today it is 1132600.

Performance in the last year for Ametek Inc. has been -15.33%. For EPS growth, Ametek Inc. has seen a growth of 3.40%, and is looking to grow in the next year to 8.26%. More long term stats show that EPS growth has been 15.80% over the last five years and could be 9.95% for the next five years. Ametek Inc. has seen sales growth quarter over quarter at -2.60%, with EPS growth quarter over quarter at -7.80%. The 20-day simple moving average is -4.27%, with the 200-day simple moving average coming to -3.84%.

Since the IPO date for Ametek Inc. on the 7/19/1984, Ametek Inc. has seen performance year to date to be -13.98%. With Ametek Inc. trading at 45.84, the dividend yield is 0.79%, and the EPS is 2.38.

So could Ametek Inc., be undervalued? Well as said before P/E is 19.28. The PEG is 1.94, P/S is 2.72 and the P/B is at 3.19. The P/cash is 23.28, with P/free cash flow at 18.48.

Ametek Inc. ability to deal with debt shows that the current ratio is 1.4, and the quick ratio is 1. This is with long term debt/equity at 0.46, and total debt/equity at 0.64.

In terms of margins, Ametek Inc. has a gross margin of 35.90%, an operating margin of 22.40% and a profit margin of 14.50%.Payout ratio for Ametek Inc. is 15.10%. Return on assets come to 8.30% with return on investment coming to 13.30%.

Insider ownership for Ametek Inc., is at 1.20% and institutional ownership comes to 90.40%. Outstanding shares are at 231.71. While shares float is 228.07. The float short is currently 1.81%, and short ratio is 2.63.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Peter Clarke

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