AMETEK, Inc. (NYSE:AME) went up by 4.50% from its latest closing price when compared to the 1-year high value of $102.31 and move down -44.1%, while AME stocks collected +8.15% of gains with the last five trading sessions. Press Release reported on 03/23/20 that AMETEK Completes Sale of Reading Alloys to Kymera International
AMETEK, Inc. (NYSE:AME) Worth an Investment?
AMETEK, Inc. (NYSE: AME) scored price to earnings ratio above its average ratio, recording 18.91 times of increase in earnings at the present.
AME Market Performance
AME stocks went up by 8.15% for the week, with the monthly drop of -22.62% and a quarterly performance of -29.10%, while its annual performance rate touched -11.97%. The simple moving average for the period of the last 20 days is -7.85% for AME stocks with the simple moving average of -22.20% for the last 200 days.
Analysts’ Opinion on AMETEK, Inc. (NYSE:AME)
Many brokerage firms have already submitted their reports for AME stocks, with Cowen repeating the rating for AME shares by setting it to “Outperform”. The predicted price for AME socks in the upcoming period according to Cowen is $95 based on the research report published on March 12, 2020.
Robert W. Baird, on the other hand, stated in their research note that they expect to see AME stock at the price of $96. The rating they have provided for AME stocks is “Neutral” according to the report published on January 16, 2020.
Cowen gave “ Market Perform” rating to AME stocks, setting the target price at $96 in the report published on January 13, 2020.
AME Stocks -21.55% Far from 50 Day Moving Average
After a stumble in the market that brought AME to its low price for the period of the last 52 weeks, AMETEK, Inc. was unable to take a rebound, for now settling with -30.60% of loss for the given period.
The stock volatility was left at 8.84%, however, within the period of a single month, the volatility rate increased by 12.74%, while the shares sank at the distance of -22.07% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -29.58% lower at the present time.
In the course of the last 5 trading sessions, AME went up by +8.15%, which changed the moving average for the period of 200 days to the total of -17.90% of losses for the stock in comparison to the 20-day moving average settled at $76.04. In addition, AMETEK, Inc. saw -28.81% in overturn over the period of a single year with a tendency to cut further losses.
AME Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at AMETEK, Inc. (AME), starting from VARET ELIZEBETH R, who sold 2,000 shares at the price of $95.52 back on Feb 26. After this action, Rushing now owns 63,500 shares of AMETEK, Inc., valued at $191,050 with the latest closing price.
VARET ELIZEBETH R, the Director of AMETEK, Inc., sold 2,000 shares at the value of $95.40 during a trade that took place back on Feb 24, which means that VARET ELIZEBETH R is holding 65,500 shares at the value of $190,800 based on the most recent closing price.
AME Stock Fundamentals
The current profitability levels are settled at +22.82 for the present operating margin and +37.79 for gross margin. The net margin for AMETEK, Inc. stands at +16.70. Total capital return value is set at 15.76, while invested capital returns managed to touch 12.39. Equity return holds the value 18.00%, with 9.30% for asset returns.
Based on AMETEK, Inc. (AME), the company’s capital structure generated 54.12 points for debt to equity in total, while total debt to capital is set at the value of 35.12. Total debt to assets is settled at the value of 30.01 with long-term debt to equity ratio rests at 13.31 and long-term debt to capital is 44.40.
EBITDA value lies at +361.76 M with total debt to EBITDA carrying the value of 1.96. The value for Enterprise to Sales is 4.91 with debt to enterprise value settled at 0.11. The receivables turnover for AMETEK, Inc. is 6.72 with the total asset turnover at the value of 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.