AMETEK, Inc. (AME)
NYSE: AME · IEX Real-Time Price · USD
178.56
-1.29 (-0.72%)
Apr 24, 2024, 11:04 AM EDT - Market open
AMETEK Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for AMETEK stock have an average target of 184.78, with a low estimate of 160 and a high estimate of 210. The average target predicts an increase of 3.48% from the current stock price of 178.56.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for AMETEK stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Initiates $210 | Strong Buy | Initiates | $210 | +17.61% | Mar 14, 2024 |
| Keybanc | Keybanc | Buy Maintains $182 → $205 | Buy | Maintains | $182 → $205 | +14.81% | Feb 27, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $192 → $188 | Buy | Maintains | $192 → $188 | +5.29% | Feb 7, 2024 |
| Keybanc | Keybanc | Buy Maintains $176 → $182 | Buy | Maintains | $176 → $182 | +1.93% | Feb 7, 2024 |
| TD Cowen | TD Cowen | Buy → Hold Downgrades $165 → $160 | Buy → Hold | Downgrades | $165 → $160 | -10.39% | Nov 27, 2023 |
Financial Forecast
Revenue This Year
7.48B
from 6.60B
Increased by 13.37%
Revenue Next Year
7.89B
from 7.48B
Increased by 5.50%
EPS This Year
6.91
from 5.67
Increased by 21.84%
EPS Next Year
7.57
from 6.91
Increased by 9.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9B | 8.4B | 9.1B |
| Avg | 7.5B | 7.9B | 8.5B |
| Low | 7.2B | 7.5B | 8.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.6% | 12.5% | 15.5% |
| Avg | 13.4% | 5.5% | 7.5% |
| Low | 8.7% | 0.2% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.30 | 8.19 | 9.00 |
| Avg | 6.91 | 7.57 | 8.37 |
| Low | 6.62 | 7.15 | 7.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 28.8% | 18.5% | 18.9% |
| Avg | 21.8% | 9.6% | 10.5% |
| Low | 16.7% | 3.6% | 3.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.