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Last $52.73 USD
Change Today +0.31 / 0.59%
Volume 1.1M
AME On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

ametek inc (AME) Snapshot

Open
$52.60
Previous Close
$52.42
Day High
$52.84
Day Low
$52.30
52 Week High
06/9/14 - $54.50
52 Week Low
10/15/14 - $45.12
Market Cap
12.7B
Average Volume 10 Days
1.1M
EPS TTM
$2.49
Shares Outstanding
241.5M
EX-Date
03/13/15
P/E TM
21.2x
Dividend
$0.36
Dividend Yield
0.68%
Current Stock Chart for AMETEK INC (AME)

ametek inc (AME) Related Businessweek News

No Related Businessweek News Found

ametek inc (AME) Details

AMETEK, Inc. manufactures electronic instruments and electromechanical devices worldwide. It operates in two segments, Electronic Instruments (EIG) and Electromechanical (EMG). The EIG segment provides advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, and factory automation markets; and instruments for the laboratory equipment, ultra precision manufacturing, medical, and test and measurement markets. This segment also offers aircraft and engine sensors, monitoring systems, power instruments, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; power quality monitoring and metering devices, industrial battery chargers and uninterruptible power supplies, programmable power equipment, electrical test equipment, and gas turbine sensors; and dashboard instruments for heavy trucks and other vehicles, as well as timing controls and cooking computers for the food service industry. The EMG segment provides electrical interconnects, precision motion control solutions, specialty metals, thermal management systems, and floor care and specialty motors; precision motion control products for data storage, medical devices, business equipment, factory automation, and other applications; and engineered electrical connectors and packaging used to protect sensitive electronic devices. This segment also offers high-purity metals, metal strips, shaped wires, and advanced composites for various industrial applications; and motors used in commercial appliances, fitness equipment, food and beverage machines, hydraulic pumps, industrial blowers, and vacuum cleaners, as well as operates a network of aviation maintenance, repair, and overhaul facilities. The company markets its products through direct sales force, sales representatives, and distributors. AMETEK, Inc. was founded in 1930 and is based in Berwyn, Pennsylvania.

15,400 Employees
Last Reported Date: 02/24/15
Founded in 1930

ametek inc (AME) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.7M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $561.8K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $797.7K
President of Electromechanical Group
Total Annual Compensation: $464.3K
President of Electronic Instruments
Total Annual Compensation: $458.5K
Compensation as of Fiscal Year 2014.

ametek inc (AME) Key Developments

Ametek Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015 and Reaffirms Earnings Guidance for the Full Year of 2015

Ametek Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, sales increased 1% to $984.059 million against $975.292 million a year ago. Operating income was $220.952 million against $221.631 million a year ago. Income before income taxes was $196.786 million against $198.916 million a year ago. Net income was $142.107 million or $0.59 per basic and diluted share against $140.586 million $0.57 per basic and diluted share a year ago. Adjusted operating income was $236.846 million against $221.631 million a year ago. Adjusted net income was $152.915 million or $0.63 per diluted share against $140.586 million or $0.57 per basic and diluted share a year ago. Capital expenditures were $14 million for the quarter. For the second quarter of 2015, sales are expected to be flat against the second quarter of 2014. The company expects earnings to be approximately $0.63 to $0.64 per diluted share in the quarter, up 3% to 5% over last year's second quarter. For the full year of 2015, as a result of the strength of the U.S. dollar and a continued slow macro growth environment, the company now anticipates overall revenue to be down slightly on a percentage basis from 2014. The company expects organic growth to increase low single digits on a percentage basis, which is at the low end of initial guidance range. The company continues to expect earnings for 2015 to be in the range of $2.58 to $2.63 per diluted share, up 7% to 9% over last year's adjusted earnings per share. The full year 2015 capital expenditures are expected to be approximately $75 million. 2015 depreciation and amortization is expected to be approximately $145 million. Tax rate is expected to be between 28% and 29%. The company expects free cash flow to be approximately 115% of net income. In 2015, the company expects to spend about $210 million on RD&E or approximately 5% of total sales.

Ametek Seeks Acquisitions

Ametek Inc. (NYSE:AME) will consider acquisitions. Ametek has raises share repurchase authorization. Frank S. Hermance, Ametek's Chairman and Chief Executive Officer said, "This increased share repurchase authorization provides us the flexibility to continue to opportunistically repurchase our common stock. Share repurchases will remain a modest use of our strong cash flow, with strategic acquisitions remaining the primary use."

Ametek Inc. to Report Q1, 2015 Results on Apr 29, 2015

Ametek Inc. announced that they will report Q1, 2015 results at 8:30 AM, US Eastern Standard Time on Apr 29, 2015

 

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AME Competitors

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Industry Analysis

AME

Industry Average

Valuation AME Industry Range
Price/Earnings 22.1x
Price/Sales 3.2x
Price/Book 3.9x
Price/Cash Flow 19.6x
TEV/Sales 2.6x
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