Ametek: Headwinds Likely To Persist Into 2025 [Seeking Alpha]
AMETEK, Inc. (AME)
Last ametek, inc. earnings: 2/5 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=104638&p=irol-irhome
Company Research
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 A
Read more
Impact Snapshot
Event Time:
AME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AME alerts
Movers & Shakers
The biggest gainers and losers and WHY it moved
AME alerts
High impacting AMETEK, Inc. news events
Weekly update
A roundup of the hottest topics
AME
News
- AMETEK, Inc. (NYSE: AME) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- AMETEK, Inc. (NYSE: AME) had its price target raised by analysts at Truist Financial Co. from $221.00 to $222.00. They now have a "buy" rating on the stock.MarketBeat
- AMETEK Announces Fourth Quarter 2024 Earnings Call and Webcasted Investor Conference Call InformationPR Newswire
- AMETEK, Inc. (NYSE: AME) was upgraded by analysts at BNP Paribas from a "neutral" rating to an "outperform" rating. They now have a $210.00 price target on the stock.MarketBeat
- Trailer and Cargo Container Tracking Report, 12 Edition: ORBCOMM, Nexxiot and SkyBitz Remain Top Three in Terms of Number of Deployed Tracking Devices [Yahoo! Finance]Yahoo! Finance
AME
Earnings
- 10/31/24 - Beat
AME
Sec Filings
- 1/6/25 - Form 8-K
- 11/27/24 - Form 4
- 11/26/24 - Form 4
- AME's page on the SEC website