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 Stock Performance

Shares of NYSE AME traded up $1.31 during midday trading on Thursday, reaching $181.54. 97,471 shares of the company traded hands, compared to its average volume of 1,336,383. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 0.84. The stock has a 50-day moving average price of $184.54 and a 200 day moving average price of $176.61. AMETEK has a 52 week low of $149.03 and a 52 week high of $198.33. The company has a market cap of $41.99 billion, a price-to-earnings ratio of 31.61, a PEG ratio of 2.67 and a beta of 1.16.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.02. AMETEK had a return on equity of 16.88% and a net margin of 19.27%. The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the company earned $1.68 EPS. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. Sell-side analysts anticipate that AMETEK will post 6.8 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were given a dividend of $0.28 per share. 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 currently 19.51%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Mizuho upped their target price on AMETEK from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Robert W. Baird dropped their target price on AMETEK from $200.00 to $197.00 and set a “neutral” rating on the stock in a research report on Wednesday. KeyCorp raised their price target on AMETEK from $205.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday, November 22nd. BNP Paribas raised AMETEK from a “neutral” rating to an “outperform” rating and set a $210.00 price target for the company in a report on Thursday, January 16th. Finally, Truist Financial lifted their price objective on AMETEK from $221.00 to $222.00 and gave the company a “buy” rating in a report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.67.

Insider Transactions at AMETEK

In other news, insider Emanuela Speranza sold 6,747 shares of the business’s 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 completion of the sale, the insider now owns 30,460 shares of the company’s stock, valued at approximately $5,967,114. The trade was a 18.13 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Tony J. Ciampitti sold 16,210 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were 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. This trade represents a 24.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,200 shares of company stock valued at $5,707,620 over the last three months. 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.