After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that AMETEK Increases Quarterly Dividend.
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Stocks Info
AME belongs to the Industrials sector of the NYSE while operating in the Specialty Industrial Machinery industry. The current market capitalization of Ametek Inc is $41.33B. A total of 1.16 million shares were traded on the day, compared to an average of 968.30K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AME has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 43 SELLs from insiders. Insiders purchased 94,336 shares during that period but sold 72,771.
In the most recent transaction, Speranza Emanuela sold 2,909 shares of AME for 171.73 per share on Feb 15. After the transaction, the CHIEF COMMERCIAL OFFICER now owns 29,445 company shares. In a previous transaction on Feb 14, Burke William Joseph sold 17,437 shares at 168.51 per share. AME shares that Executive VP – CFO owns now total 101,709.
Among the insiders who sold shares, Marecic Thomas C disposed of 16,210 shares on Feb 14 at a per-share price of $171.96. This resulted in the PRES. – ELECTRONIC INSTRUMENTS holding 36,492 shares of AME after the transaction. In another insider transaction, Burke William Joseph sold 5,973 shares at $168.90 per share on Feb 12. Company shares held by the Executive VP – CFO now total 101,709.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Ametek Inc pays an annual dividend of $1.00, resulting in a dividend yield of 0.56%, and it has a price to earnings (P/E) ratio of 31.54. AME’s most recent ex-dividend date was 3/7/2024 when it declared a $0.28 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/22/2023 with an ex-dividend date of 12/7/2023. The AME stock dividend was $0.25 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AME in the last 3 months, the mean price target is $184.67 with high estimates of $209.00 and low estimates of $165.00. In terms of 52-week highs and lows, AME has a high of $179.23 and a low of $131.52.
As of this writing, AME has an earnings estimate of $1.59 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $1.62 per share and a lower estimate of $1.58. The company reported an EPS of $1.64 in the last quarter, which was 3.80% higher than expectations of $1.58.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AME’s latest balance sheet shows that the firm has $346.77M in Cash & Short Term Investments as of fiscal 2021. There were $2.72B in debt and $1.56B in liabilities at the time. Its Book Value Per Share was $37.80, while its Total Shareholder’s Equity was $6.87B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AME is Buy with a score of 4.08.
