AMETEK (NYSE:AME) Issues FY25 Earnings Guidance

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

AMETEK Price Performance

Shares of AME traded down $1.12 during mid-day trading on Wednesday, hitting $179.38. 298,057 shares of the company were exchanged, compared to its average volume of 1,311,317. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.39. AMETEK has a 1-year low of $149.03 and a 1-year high of $198.33. The stock has a market cap of $41.49 billion, a price-to-earnings ratio of 31.17, a price-to-earnings-growth ratio of 2.67 and a beta of 1.16. The company has a 50 day moving average of $184.84 and a 200-day moving average of $176.58.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, February 4th. The technology company reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.02. AMETEK had a return on equity of 16.88% and a net margin of 19.27%. The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the prior year, the firm earned $1.68 earnings per share. The business’s revenue was up 1.8% compared to the same quarter last year. Analysts expect that AMETEK will post 6.8 EPS for the current fiscal year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were issued a $0.28 dividend. The ex-dividend date 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%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AME. Truist Financial upped their price target on AMETEK from $221.00 to $222.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Mizuho raised their target price on AMETEK from $190.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. StockNews.com raised shares of AMETEK from a “hold” rating to a “buy” rating in a report on Tuesday, January 28th. Robert W. Baird reduced their target price on shares of AMETEK from $200.00 to $197.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, BNP Paribas raised shares of AMETEK from a “neutral” rating to an “outperform” rating and set a $210.00 price target for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, AMETEK currently has a consensus rating of “Moderate Buy” and an average target price of $204.67.

Insider Activity

In other news, insider Tony J. Ciampitti sold 16,210 shares of AMETEK stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $197.01, for a total value of $3,193,532.10. Following the completion of the sale, the insider now directly owns 49,490 shares of the company’s stock, valued at approximately $9,750,024.90. The trade was a 24.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Emanuela Speranza sold 6,747 shares of the stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $195.90, for a total value of $1,321,737.30. Following the transaction, the insider now directly 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. In the last three months, insiders have sold 29,200 shares of company stock valued at $5,707,620. Company insiders own 0.61% of the company’s stock.

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.