Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $182.52 in the prior trading day, Ametek Inc (NYSE: AME) closed at $186.00, up 1.91%. In other words, the price has increased by $1.91 from its previous closing price. On the day, 1.11 million shares were traded. AME stock price reached its highest trading level at $186.92 during the session, while it also had its lowest trading level at $183.185.
Ratios:
Our goal is to gain a better understanding of AME by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 108.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.20.
On December 16, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $195 to $225.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 26 ’24 when Speranza Emanuela sold 6,747 shares for $195.90 per share. The transaction valued at 1,321,727 led to the insider holds 30,460 shares of the business.
ZAPICO DAVID A sold 98,644 shares of AME for $19,430,968 on Nov 25 ’24. The CHIEF EXECUTIVE OFFICER now owns 323,744 shares after completing the transaction at $196.98 per share. On Nov 26 ’24, another insider, ZAPICO DAVID A, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 22,720 shares for $196.29 each. As a result, the insider received 4,459,618 and left with 323,744 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AME now has a Market Capitalization of 43023286272 and an Enterprise Value of 44379340800. As of this moment, Ametek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.42, and their Forward P/E ratio for the next fiscal year is 25.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.23 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 6.422 whereas that against EBITDA is 20.754.
Stock Price History:
The Beta on a monthly basis for AME is 1.16, which has changed by 0.09006214 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, AME has reached a high of $198.33, while it has fallen to a 52-week low of $149.03. The 50-Day Moving Average of the stock is -0.37%, while the 200-Day Moving Average is calculated to be 6.67%.
Shares Statistics:
The stock has traded on average 1.21M shares per day over the past 3-months and 1536800 shares per day over the last 10 days, according to various share statistics. A total of 231.31M shares are outstanding, with a floating share count of 230.31M. Insiders hold about 0.43% of the company’s shares, while institutions hold 87.37% stake in the company. Shares short for AME as of 1736899200 were 2129165 with a Short Ratio of 1.76, compared to 1734048000 on 2572393. Therefore, it implies a Short% of Shares Outstanding of 2129165 and a Short% of Float of 1.04.
Dividends & Splits
In the trailing 12 months, AME’s forward annual dividend rate was 1.09, compared to 1.12 this year. Against a Trailing Annual Dividend Yield of 0.005971948The stock’s 5-year Average Dividend Yield is 0.63. The current Payout Ratio is 17.63% for AME, which recently paid a dividend on 2024-12-06 with an ex-dividend date of 1733443200. Stock splits for the company last occurred on 2012-07-02 when the company split stock in a 3:2 ratio.
