Ametek: Headwinds Likely To Persist Into 2025 [Seeking Alpha]
AMETEK, Inc. (AME)
Last ametek, inc. earnings: 2/5 06:55 am
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US:NYSE Investor Relations:
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Source: Seeking Alpha
I believe AMETEK faces continued headwinds in 2024 due to persistent OEM customer destocking, particularly in the automation and medical segments, which could further pressure growth in 2025. Despite challenges, AME beat Q2 2024 EPS expectations, with operating margins and EBITDA showing significant YoY improvements. I'm concerned about AMETEK's reliance on acquisitions for growth, as total sales growth would have been negative without these contributions. Recent insider selling activity, especially by top executives, adds a layer of caution, despite the company's solid financials and free cash flow. I maintain a Hold rating until there are clearer signs of recovery from these persistent challenges. dmphoto/E+ via Getty Images AMETEK, Inc. ( NYSE: AME ) lowered their full-year guidance in Q2 2024 due to headwinds and pressures lasting longer than management initially anticipated. In this article, I will dive deeper into the recent challenges that the company is facing,
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News
- Inspection Cameras Global Strategic Business Report 2024: Rising Demand for Non-Destructive Testing (NDT) Spurs Growth in Inspection Cameras Market [Yahoo! Finance]Yahoo! Finance
- Europe Direct Current (DC) Motor Industry Research 2024: A $13.79 Billion Market by 2033 - Rising Emphasis on Energy-Efficient Motors, Manufacturing Boom in Emerging Economies [Yahoo! Finance]Yahoo! Finance
- Is AMETEK, Inc. (AME) the Best Stock to Buy from Mario Gabelli's Stock Portfolio? [Yahoo! Finance]Yahoo! Finance
- Platform Science and SkyBitz® Partner to Deploy SkyMatch™ on Virtual Vehicle to Revolutionize Tractor-Trailer Pairing Across FleetsBusiness Wire
- AMETEK Declares Quarterly DividendPR Newswire
AME
Earnings
- 8/1/24 - Beat
AME
Sec Filings
- 8/1/24 - Form 10-Q
- 8/1/24 - Form 8-K
- 6/21/24 - Form 11-K
- AME's page on the SEC website