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A look at a High Market Cap Stock: Ametek Inc., AME

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., AME  has a market cap of 11056.22. Since its IPO date on the 7/19/1984, Ametek Inc., AME performance year to date is -10.73%. Today Ametek Inc., AME has gained 1.11%, with a current price of 47.57.

Ownership of the company is 1.30% for insider ownership while institutional ownership is 90.30%. The management of the company have seen the company have a payout ratio of 15.10%. Return of assets are at 8.30%, with return on investment at 13.30%.

In terms of debt levels and profit levels, Ametek Inc., AME is seeing a long-term debt/equity of 0.46. While Total debt/equity is 0.64. With a profit margin of 14.50%, this is combined with a gross margin of 35.90%, and operating margin of 22.40%. Ametek Inc. ability to meet debt levels, with a current ratio of 1.4, while the quick ratio is 1.

For the last year Ametek Inc., AME has seen a EPS growth of 3.40%. A performance for the year of -5.73%. The 52-week high is -15.94%, and the 52-week low is 11.72%. The average volume for Ametek Inc., AME is 1165100.

With a target price of 53.79, can Ametek Inc., AME reach this target? Looking at the value indicators of Ametek Inc., AME. Ametek Inc. has a P/E of 20 and a forward P/E of 19.04. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.01. Ametek Inc. also has a P/S and a P/B of 2.83 and 3.31 respectively. For P/cash, Ametek Inc. has a value of 24.24, while it is 19.23 for P/free cash flow.

At the current price of 47.57, Ametek Inc. has a dividend yield of 0.76%. We see a return on equity of 17.10%.

Looking more long-term Ametek Inc., is projected to get an EPS growth for the next five years of 9.95%. In the short-term an EPS growth of 8.47% in the next year is forecasted. This is after a EPS growth of 3.40% for this year and for the last five years a 15.80% 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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Stephen Butters

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