AMETEK (NYSE:AME) Issues FY25 Earnings Guidance

AMETEK (NYSE:AME) updated its FY25 earnings guidance on Tuesday. 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 Down 2.1 %

Shares of AME traded down $3.85 during midday trading on Tuesday, hitting $180.28. The stock had a trading volume of 2,738,723 shares, compared to its average volume of 1,345,206. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 2.67 and a beta of 1.16. The company has a 50 day simple moving average of $185.18 and a two-hundred day simple moving average of $176.50. AMETEK has a twelve month low of $149.03 and a twelve month high of $198.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 0.84.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, February 4th. The technology company reported $1.87 earnings per share (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 for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the firm earned $1.68 EPS. AMETEK’s revenue for the quarter was up 1.8% compared to the same quarter last year. On average, analysts anticipate that AMETEK will post 6.8 EPS for the current year.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were paid 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 dividend yield of 0.62%. AMETEK’s dividend payout ratio is 19.51%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. StockNews.com raised AMETEK from a “hold” rating to a “buy” rating in a research report on Tuesday, January 28th. BNP Paribas raised shares of AMETEK from a “neutral” rating to an “outperform” rating and set a $210.00 target price for the company in a report on Thursday, January 16th. Mizuho increased 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. TD Cowen downgraded AMETEK from a “hold” rating to a “sell” rating in a research note on Monday, October 7th. Finally, KeyCorp upped their price objective on AMETEK from $205.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, two have given 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.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $203.44.

Insider Buying and Selling

In related news, insider Emanuela Speranza sold 6,747 shares of AMETEK stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $195.90, for a total transaction of $1,321,737.30. Following the sale, the insider now directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Tony J. Ciampitti sold 16,210 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $197.01, for a total transaction of $3,193,532.10. Following the completion of the sale, the insider now owns 49,490 shares in the company, valued at $9,750,024.90. This 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 quarter. 0.61% of the stock is owned by company insiders.

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.