AMETEK, Inc. which can be found using ticker (AME) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $216.00 and $156.00 with the average share target price sitting at $189.38. (at the time of writing). Given that the stocks previous close was at $182.22 this indicates there is a potential upside of 3.9%. Also worth taking note is the 50 day moving average now sits at $176.55 and the 200 moving average now moves to $160.73. The total market capitalization for the company now stands at 41.83B. The stock price for the company is currently $180.92 USD
The potential market cap would be $43,474,542,494 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 31.96, revenue per share of $28.62 and a 7.77% 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.
