Ametek Inc Stock Buy Hold or Sell Recommendation

AME Stock  USD 182.90  0.82  0.45%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Ametek Inc is 'Strong Hold'. Macroaxis provides Ametek buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Ametek positions. The advice algorithm takes into account all of Ametek's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ametek's buy or sell advice are summarized below:
Real Value
151.95
Target Price
173.46
Hype Value
183.93
Market Value
182.9
Naive Value
184.23
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ametek Inc given historical horizon and risk tolerance towards Ametek. When Macroaxis issues a 'buy' or 'sell' recommendation for Ametek Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Ametek Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Ametek and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ametek Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Execute Ametek Buy or Sell Advice

The Ametek recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ametek Inc. Macroaxis does not own or have any residual interests in Ametek Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ametek's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell AmetekBuy Ametek
Strong Hold

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Ametek Inc has a Risk Adjusted Performance of 0.1158, Jensen Alpha of 0.0504, Total Risk Alpha of (0.03), Sortino Ratio of 0.0562 and Treynor Ratio of 0.1761
Macroaxis provides advice on Ametek Inc to complement and cross-verify current analyst consensus on Ametek Inc. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Ametek is not overpriced, please confirm all Ametek Inc fundamentals, including its price to book, cash and equivalents, and the relationship between the shares owned by institutions and gross profit . Given that Ametek Inc has a price to book of 4.87 X, we suggest you to validate Ametek Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Ametek Trading Alerts and Improvement Suggestions

Over 90.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Biomaterials Market is Expected to Reach 64.2 billion MarketsandMarkets

Ametek Returns Distribution Density

The distribution of Ametek's historical returns is an attempt to chart the uncertainty of Ametek's future price movements. The chart of the probability distribution of Ametek daily returns describes the distribution of returns around its average expected value. We use Ametek Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ametek returns is essential to provide solid investment advice for Ametek.
Mean Return
0.18
Value At Risk
-1.4
Potential Upside
1.40
Standard Deviation
0.90
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ametek historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ametek Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ametek is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ametek Inc backward and forwards among themselves. Ametek's institutional investor refers to the entity that pools money to purchase Ametek's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2023-12-31
3.9 M
Norges Bank2023-12-31
3.6 M
Alliancebernstein L.p.2023-12-31
3.1 M
Boston Partners Global Investors, Inc2023-12-31
M
Alecta Pensionsforsakring, Omsesidigt2023-12-31
2.8 M
Bank Of New York Mellon Corp2023-12-31
2.8 M
Flossbach Von Storch Ag2023-12-31
2.6 M
Champlain Investment Partners, Llc2023-12-31
2.4 M
Northern Trust Corp2023-12-31
2.3 M
Vanguard Group Inc2023-12-31
25.6 M
Blackrock Inc2023-12-31
17.3 M
Note, although Ametek's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ametek Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory16.4M77.4M(129.6M)(322.5M)56.6M59.4M
Change In Cash39.1M819.8M(866.1M)(1.4M)64.4M67.6M
Free Cash Flow1.0B1.2B1.0B1.0B1.6B1.7B
Depreciation234.0M255.3M292.1M319.4M337.6M354.5M
Other Non Cash Items4.3M(158.5M)(12.7M)(42.7M)(12.6M)(13.2M)
Dividends Paid127.5M165.0M184.6M202.2M(230.3M)(218.8M)
Capital Expenditures102.3M74.2M110.7M139.0M136.2M143.1M
Net Income861.3M872.4M990.1M1.2B1.3B1.4B
End Period Cash Flow393.0M1.2B346.8M345.4M409.8M219.6M
Investments(1.2B)61.6M(2.1B)(552.8M)(623.5M)(654.7M)
Change Receivables14.4M163.5M(172.8M)(86.7M)(78.0M)(74.1M)
Net Borrowings130.7M(431.0M)183.9M(73.7M)(66.3M)(63.0M)
Change To Netincome69.4M(107.6M)3.7M(56.1M)(50.5M)(47.9M)

Ametek Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ametek or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ametek's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ametek stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.05
β
Beta against NYSE Composite0.97
σ
Overall volatility
0.93
Ir
Information ratio 0.05

Ametek Volatility Alert

Ametek Inc has low volatility with Treynor Ratio of 0.18, Maximum Drawdown of 4.15 and kurtosis of 2.35. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ametek's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ametek's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Ametek Fundamentals Vs Peers

Comparing Ametek's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ametek's direct or indirect competition across all of the common fundamentals between Ametek and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ametek or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ametek's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ametek by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ametek to competition
FundamentalsAmetekPeer Average
Return On Equity0.16-0.31
Return On Asset0.0777-0.14
Profit Margin0.20 %(1.27) %
Operating Margin0.28 %(5.51) %
Current Valuation45.44 B16.62 B
Shares Outstanding231.21 M571.82 M
Shares Owned By Insiders0.45 %10.09 %
Shares Owned By Institutions89.84 %39.21 %
Number Of Shares Shorted2.38 M4.71 M
Price To Earning28.43 X28.72 X
Price To Book4.87 X9.51 X
Price To Sales6.44 X11.42 X
Revenue6.6 B9.43 B
Gross Profit2.15 B27.38 B
EBITDA2.04 B3.9 B
Net Income1.31 B570.98 M
Cash And Equivalents345.39 M2.7 B
Cash Per Share1.35 X5.01 X
Total Debt3.31 B5.32 B
Debt To Equity0.35 %48.70 %
Current Ratio1.53 X2.16 X
Book Value Per Share37.80 X1.93 K
Cash Flow From Operations1.74 B971.22 M
Short Ratio2.03 X4.00 X
Earnings Per Share5.68 X3.12 X
Price To Earnings To Growth2.70 X4.89 X
Target Price185.08
Number Of Employees21.5 K18.84 K
Beta1.22-0.15
Market Capitalization42.48 B19.03 B
Total Asset15.02 B29.47 B
Retained Earnings9.94 B9.33 B
Working Capital(57.91 M)1.48 B
Note: Acquisition by Ronald Oscher of 1280 shares of Ametek at 181.93 subject to Rule 16b-3 [view details]

Ametek Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ametek . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Ametek Buy or Sell Advice

When is the right time to buy or sell Ametek Inc? Buying financial instruments such as Ametek Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.5B2.4B3.3B3.5B
Total Assets11.9B12.4B15.0B15.8B

Use Investing Ideas to Build Portfolios

In addition to having Ametek in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Technology Thematic Idea Now

Technology
Technology Theme
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Technology Theme or any other thematic opportunities.
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When determining whether Ametek Inc is a strong investment it is important to analyze Ametek's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:
Check out Ametek Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Ametek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ametek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.113
Dividend Share
1
Earnings Share
5.68
Revenue Per Share
28.618
Quarterly Revenue Growth
0.065
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ametek's market value can be influenced by many factors that don't directly affect Ametek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.