Financial Review: AMTEK (AME) & Its Rivals
AMTEK (NYSE: AME) is one of 46 public companies in the “Electrical Components & Equipment” industry, but how does it contrast to its competitors? We will compare AMTEK to related businesses based on the strength of its valuation, institutional ownership, profitability, analyst recommendations, earnings, risk and dividends.
AMTEK pays an annual dividend of $0.36 per share and has a dividend yield of 0.5%. AMTEK pays out 15.8% of its earnings in the form of a dividend. As a group, “Electrical Components & Equipment” companies pay a dividend yield of 1.6% and pay out 44.3% of their earnings in the form of a dividend.
Valuation and Earnings
This table compares AMTEK and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|AMTEK||$3.99 billion||$1.04 billion||28.97|
|AMTEK Competitors||$1.87 billion||$295.23 million||-37.07|
AMTEK has higher revenue and earnings than its competitors. AMTEK is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a summary of recent recommendations for AMTEK and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
AMTEK currently has a consensus price target of $64.40, suggesting a potential downside of 2.48%. As a group, “Electrical Components & Equipment” companies have a potential upside of 3.70%. Given AMTEK’s competitors higher probable upside, analysts plainly believe AMTEK has less favorable growth aspects than its competitors.
This table compares AMTEK and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider and Institutional Ownership
85.6% of AMTEK shares are held by institutional investors. Comparatively, 66.5% of shares of all “Electrical Components & Equipment” companies are held by institutional investors. 2.1% of AMTEK shares are held by company insiders. Comparatively, 6.4% of shares of all “Electrical Components & Equipment” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Volatility and Risk
AMTEK has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500. Comparatively, AMTEK’s competitors have a beta of 1.29, meaning that their average share price is 29% more volatile than the S&P 500.
AMTEK beats its competitors on 11 of the 15 factors compared.
AMTEK Company Profile
AMETEK, Inc. is a manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. The Company operates through two segments: Electronic Instruments (EIG) and Electromechanical (EMG). EIG designs and manufactures instruments for the process, power and industrial and aerospace markets. EIG provides process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor and automation markets. It makes monitoring and metering devices, industrial battery chargers and uninterruptible power supplies, programmable power equipment, electrical test equipment and gas turbine sensors. EMG is a differentiated supplier of precision motion control solutions, thermal management systems, specialty metals and electrical interconnects. Its end markets include medical, automation, petrochemical and other industrial markets. It operates a network of aviation maintenance, repair and overhaul (MRO) facilities.
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