Analyst Ratings for Ametek Inc. (AME)

Updated: 2017-07-29

Shares of Ametek Inc. (NYSE:AME) have received a consensus rating of Buy from Wall Street analysts. Last month, AME received an average rating of Overweight.

Of the 18 analysts covering the stock, 12 gave it a buy rating, 3 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

AME was given price targets by several analysts. The most optimistic price target was 70, which equates to a potential upside of 13.18 percent. The most pessimistic analyst gave a price target of 51, which equates to a potential downside of -17.54 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.4 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.64 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

AME has an estimated earnings growth rate of 12.2 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AME is 2.28.

AME has traded between a high of 62.89 and a low of 43.30 over the past year. The current market price is above the trailing year's low by 42.84 percent, and below the high by 1.65 percent. AME has a price/earnings ratio of 27.86. Investors typically compare the P/E ratio to a company's peers in the industry. The AME value stock report compares AME to some of its peers using value stock charts. The market cap of AME is $14.17 billion. AME's next earnings release will be on 0000-00-00, which is days away.