AMETEK, Inc. with ticker code (AME) have now 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 185 and 155 with the average target price sitting at $170.26. Given that the stocks previous close was at $157.85 and the analysts are correct then we can expect a percentage increase in value of 7.9%. Also worth taking note is the 50 day moving average now sits at $155.31 and the 200 day MA is $143.63. The company has a market capitalization of 36.09B. The stock price for the company is currently 156.57 USD
The potential market cap would be $38,922,475,012 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 30.34, revenue per share of 27.92 and a 8.03% return on assets.
AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America. The Company’s segments include Electronic Instruments (EIG) and Electromechanical (EMG). The EIG segment manufactures advanced instruments for the process, power and industrial, and aerospace markets. It includes power quality monitoring and metering devices, uninterruptible power supplies, programmable power equipment, electromagnetic compatibility test equipment, and gas turbine sensors. It provides process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries. The EMG segment is a supplier of precision motion control solutions, thermal management systems, specialty metals and electrical interconnects. The EMG’s end markets include aerospace and defense, medical, automation and other industrial markets.
