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Ametek Earnings Preview For Oct, 2013

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Ametek Inc. (AME)

Background: AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group.

Investors are looking forward to improving third-quarter earnings before the market opens on October 29, 2013 The consensus opinion is presently 52 cents a share, a progression of 5 cents (9.6%) from 47 cents during the corresponding period last year. The lowest analyst estimate this report is 51 cents per share, and the highest is 53 cents per share.

Shareholders receive 24 cents annually in dividend payments. The yield based on a recent price is 0.5%.

Analysts as a whole like this company. Currently, Ametek has 7 buy recommendations out of 12 analysts covering the company, along with 5 holds, and not a sell rating to be found. Analysts overall have called this one correctly. In the last 12 months, the shares have accelerated higher. The one year return is 30%. The average analyst current target price for Ametek is $50.90.

Short sellers are not interested in betting against this one. Short interest is a non-factor at a rate of 1% of the float.
 

 

(AME)

(A)

(EMR)

(GE)

Strong Buy

5

8

3

4

Moderate Buy

2

7

6

7

Hold

5

1

18

6

Avg Analyst Price Target

$50.90

$58.07

$65.52

$25.85

Revenue

$3.54 billion

$6.78 billion

$24.61 billion

$146.07 billion

Est Low EPS

0.51

0.60

1.08

0.52

Est High EPS

0.53

0.65

1.15

0.54

1 Year Stock Price Change

30.32%

42.24%

39.07%

22.88%

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Stock Tickers: AME EMR GE Author Disclosure: n/a
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