On Tuesday, Ametek Inc (NYSE: AME) was 0.14% jump from the session before ,before settling in for the closing price of $180.92. A 52-week range for AME has been $133.12 – $186.32.
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A company in the Industrials sector has jumped its sales by 6.96% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 7.19%. With a float of $229.92 million, this company’s outstanding shares have now reached $230.93 million.
In an organization with 21500 employees, it is important to assess its efficiency.
Ametek Inc (AME) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ametek Inc stocks. The insider ownership of Ametek Inc is 0.47%, while institutional ownership is 89.47%. The most recent insider transaction that took place on Mar 26 ’24, was worth 248,728. In this transaction Director of this company sold 1,365 shares at a rate of $182.22, taking the stock ownership to the 27,719 shares. Before that another transaction happened on Mar 26 ’24, when Company’s Director sold 780 for $182.00, making the entire transaction worth $141,960. This insider now owns 10,240 shares in total.
Ametek Inc (AME) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $1.68 earnings per share (EPS) during the time that was better than consensus figure (set at $1.63) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.60% during the next five years compared to 11.15% growth over the previous five years of trading.
Ametek Inc (NYSE: AME) Trading Performance Indicators
You can see what Ametek Inc (AME) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.34. Likewise, its price to free cash flow for the trailing twelve months is 26.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.67, a number that is poised to hit 1.59 in the next quarter and is forecasted to reach 7.49 in one year’s time.
Technical Analysis of Ametek Inc (AME)
Let’s dig in a bit further. During the last 5-days, its volume was 0.75 million. That was inferior than the volume of 0.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.41%. Additionally, its Average True Range was 2.42.
During the past 100 days, Ametek Inc’s (AME) raw stochastic average was set at 84.83%, which indicates a significant increase from 31.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.72% in the past 14 days, which was lower than the 14.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $176.90, while its 200-day Moving Average is $160.85. However, in the short run, Ametek Inc’s stock first resistance to watch stands at $182.22. Second resistance stands at $183.26. The third major resistance level sits at $184.96. If the price goes on to break the first support level at $179.48, it is likely to go to the next support level at $177.78. Assuming the price breaks the second support level, the third support level stands at $176.74.
Ametek Inc (NYSE: AME) Key Stats
There are 231,212K outstanding shares of the company, which has a market capitalization of 41.85 billion. As of now, sales total 6,597 M while income totals 1,313 M. Its latest quarter income was 1,731 M while its last quarter net income were 342,860 K.
