AMETEK(AME)
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Here's Why Ametek (AME) is a Strong Growth Stock
zacks.com· 2024-05-29 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
7 Surefire Stocks to Buy Each Time You Get a Paycheck
investorplace.com· 2024-05-29 10:00
Nothing is guaranteed in the market, but I have good personal conviction in several “Surefire” stocks to buy regularly. This is mostly due to how sticky their revenue and profits are, alongside their stable and consistent performance in the stock market up until now. Not only that, these stocks have also delivered solid growth and will likely keep compounding in the long run.I think boosting your holdings in some of these seven surefire stocks is a good idea each time you get a paycheck. These businesses wi ...
AMETEK Declares Quarterly Dividend
Prnewswire· 2024-05-09 12:00
BERWYN, Pa., May 9, 2024 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.28 per share for the second quarter ending June 30, 2024. This second quarter dividend is payable June 28, 2024 to shareholders of record as of June 14, 2024. Corporate ProfileAMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annualized sales of approximately $7.0 billion. The AMETEK Gro ...
International Markets and Ametek (AME): A Deep Dive for Investors
Zacks Investment Research· 2024-05-07 17:11
Have you assessed how the international operations of Ametek (AME) performed in the quarter ended March 2024? For this maker of electronic instruments and electromechanical devices, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial heal ...
Why Ametek (AME) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-05-07 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...
AMETEK(AME) - 2024 Q1 - Quarterly Report
2024-05-02 18:01
Table of Contents _________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12981 AMETEK, Inc. (Exact name of ...
AMETEK(AME) - 2024 Q1 - Earnings Call Transcript
2024-05-02 17:59
AMETEK, Inc. (NYSE:AME) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Kevin Coleman - Vice President, Investor Relations and Treasurer Dave Zapico - Chairman of the Board and Chief Executive Officer Dalip Puri - Executive Vice President and Chief Financial Officer Conference Call Participants Deane Dray - RBC Capital Markets Jeffrey Sprague - Vertical Research Partners Peter Costa - Mizuho Scott Graham - Seaport Research Partners Andrew Obin - Bank of America Christopher Glynn ...
AMETEK (AME) Q1 Earnings Surpass Estimates, Sales Rise Y/Y
Zacks Investment Research· 2024-05-02 16:51
AMETEK, Inc. (AME) has reported first-quarter 2024 adjusted earnings of $1.64 per share, beating the Zacks Consensus Estimate by 3.1%. The bottom line rose 10% on a year-over-year basis.Net sales of $1.74 billion increased 9% from the year-ago quarter. However, the figure missed the Zacks Consensus Estimate of $1.78 billion.Top-line growth was primarily driven by the solid performance of the Electromechanical Group (EMG) segment. Also, strength in the Electronic Instruments Group (EIG) segment contributed w ...
Ametek (AME) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 14:36
For the quarter ended March 2024, Ametek (AME) reported revenue of $1.74 billion, up 8.7% over the same period last year. EPS came in at $1.64, compared to $1.49 in the year-ago quarter.The reported revenue represents a surprise of -2.23% over the Zacks Consensus Estimate of $1.78 billion. With the consensus EPS estimate being $1.59, the EPS surprise was +3.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next mo ...
AMETEK(AME) - 2024 Q1 - Quarterly Results
2024-05-02 14:26
Exhibit 99.1 AMETEK Announces Record First Quarter Results and Raises 2024 Guidance Berwyn, Pa., May 2, 2024 – AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2024. AMETEK's first quarter 2024 sales were a record $1.74 billion, a 9% increase over the first quarter of 2023. On a GAAP basis, first quarter earnings per diluted share were $1.34. Adjusted earnings in the quarter were $1.64 per diluted share, up 10% from the first quarter of 2023. Adjusted earn ...