# AMETEK, Inc. – Consensus ‘buy’ rating and 8.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/ametek-inc.consensus-buy-rating-and-8.5-upside-potential/4121172758
- Published: 2024-10-01T15:18:02+01:00
- Author: Charlotte Edwards

**AMETEK, Inc.** with ticker code (AME) have now 14 market analysts covering the
stock. The analyst consensus now points to a rating of ‘buy’. The range between 
the high target price and low target price is between $215.00 and $158.00 suggesting
an average Analsyt target price of $186.63. Now with the previous closing price 
of $172.07 this indicates there is a potential upside of 8.5%. The 50 day moving
average now sits at $166.44 and the 200 moving average now moves to $170.18. The
total market capitalization for the company now stands at 39.76B. The price for 
the stock stands currently at: $171.71 USD

 The potential market cap would be $43,121,161,240 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 29.91, revenue per share of $29.54
and a 7.92% return on assets.

AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical
devices with operations in North America, Europe, Asia, and South America. The Company’s
segments include Electronic Instruments (EIG) and Electromechanical (EMG). The EIG
segment manufactures advanced instruments for the process, power and industrial,
and aerospace markets. It includes power quality monitoring and metering devices,
uninterruptible power supplies, programmable power equipment, electromagnetic compatibility
test equipment, and gas turbine sensors. It provides process and analytical instruments
for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and
food and beverage industries. The EMG segment is a supplier of precision motion 
control solutions, thermal management systems, specialty metals and electrical interconnects.
The EMG’s end markets include aerospace and defense, medical, automation and other
industrial markets.

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