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Morning Hot Stocks: AMETEK, Inc., (AME)

Friday February 24th 2017: AMETEK, Inc., AME is in the exchange NYSE and its industry is Diversified Machinery in the sector of Industrial Goods. Based in USA, AMETEK, Inc., AMEĀ  has a market cap of 14.21 B. Since its IPO date on the 7/19/1984, AMETEK, Inc., AME performance year to date is 27.37%. Today AMETEK, Inc., AME has gained 0.00%, with a current price of 61.9.

Ownership of the company is 1.20% for insider ownership while institutional ownership is 92.00%. The management of the company have seen the company have a payout ratio of 16.10%. Return of assets are at 7.30%, with return on investment at 11.10%.

In terms of debt levels and profit levels, AMETEK, Inc., AME is seeing a long-term debt/equity of 0.61. While Total debt/equity is 0.71. With a profit margin of 13.20%, this is combined with a gross margin of 32.50%, and operating margin of 20.80%. AMETEK, Inc. ability to meet debt levels, with a current ratio of 1.8, while the quick ratio is 1.2.

For the last year AMETEK, Inc., AME has seen a EPS growth of -10.40%. A performance for the year of 31.39%. The 52-week high is -1.57%, and the 52-week low is 42.96%. The average volume for AMETEK, Inc., AME is 0.

With a target price of 64.6, can AMETEK, Inc., AME reach this target? Looking at the value indicators of AMETEK, Inc., AME. AMETEK, Inc. has a P/E of 27.85 and a forward P/E of 22.75. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.55. AMETEK, Inc. also has a P/S and a P/B of 3.64 and 4.17 respectively. For P/cash, AMETEK, Inc. has a value of 24.92, while it is 23.72 for P/free cash flow.

At the current price of 61.9, AMETEK, Inc. has a dividend yield of 0.58%. We see a return on equity of 15.40%.

Looking more long-term AMETEK, Inc., is projected to get an EPS growth for the next five years of 10.90%. In the short-term an EPS growth of 9.63% in the next year is forecasted. This is after a EPS growth of -10.40% for this year and for the last five years a 6.70% growth has been seen.

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.

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Mark Hines

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