Ametek Inc (AME): A Technical Analysis

Ametek Inc (NYSE: AME) has a higher price-to-earnings ratio of 31.27x compared to its average ratio. AME has 36-month beta value of 1.21. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 6 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for AME is 230.12M, and currently, short sellers hold a 1.09% ratio of that float. The average trading volume of AME on April 19, 2024 was 973.52K shares.

AME) stock’s latest price update

Ametek Inc (NYSE: AME)’s stock price has soared by 0.05 in relation to previous closing price of 177.27. Nevertheless, the company has seen a loss of -1.30% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-08 that Ametek (AME) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

AME’s Market Performance

Ametek Inc (AME) has experienced a -1.30% fall in stock performance for the past week, with a -3.71% drop in the past month, and a 9.46% rise in the past quarter. The volatility ratio for the week is 1.63%, and the volatility levels for the past 30 days are at 1.46% for AME. The simple moving average for the last 20 days is -1.96% for AME’s stock, with a simple moving average of 9.79% for the last 200 days.

Analysts’ Opinion of AME

Many brokerage firms have already submitted their reports for AME stocks, with Truist repeating the rating for AME by listing it as a “Buy.” The predicted price for AME in the upcoming period, according to Truist is $210 based on the research report published on March 14, 2024 of the current year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see AME reach a price target of $160, previously predicting the price at $165. The rating they have provided for AME stocks is “Market Perform” according to the report published on November 27th, 2023.

Exane BNP Paribas gave a rating of “Neutral” to AME, setting the target price at $159 in the report published on October 05th of the previous year.

AME Trading at -0.79% from the 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, the company was unable to rebound, for now settling with -4.81% of loss for the given period.

Volatility was left at 1.46%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares sank -4.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.38% upper at present.

During the last 5 trading sessions, AME fell by -1.30%, which changed the moving average for the period of 200-days by +11.94% in comparison to the 20-day moving average, which settled at $180.53. In addition, Ametek Inc saw 7.57% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AME starting from Kohlhagen Steven W, who sale 1,365 shares at the price of $182.22 back on Mar 26 ’24. After this action, Kohlhagen Steven W now owns 27,719 shares of Ametek Inc, valued at $248,728 using the latest closing price.

AMATO THOMAS A, the Director of Ametek Inc, sale 780 shares at $182.00 during a trade that took place back on Mar 26 ’24, which means that AMATO THOMAS A is holding 10,240 shares at $141,960 based on the most recent closing price.

Stock Fundamentals for AME

Current profitability levels for the company are sitting at:

  • 0.26 for the present operating margin
  • 0.36 for the gross margin

The net margin for Ametek Inc stands at 0.2. The total capital return value is set at 0.14. Equity return is now at value 16.21, with 9.57 for asset returns.

Based on Ametek Inc (AME), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 20.87.

Currently, EBITDA for the company is 2.03 billion with net debt to EBITDA at 1.63. When we switch over and look at the enterprise to sales, we see a ratio of 6.65. The receivables turnover for the company is 6.51for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.


To put it simply, Ametek Inc (AME) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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