AMETEK (NYSE:AME – Get Free Report) is one of 377 publicly-traded companies in the “Electronic Equipment, Instruments & Components” industry, but how does it weigh in compared to its competitors? We will compare AMETEK to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, dividends, earnings, profitability and risk.
Volatility and Risk
AMETEK has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500. Comparatively, AMETEK’s competitors have a beta of -0.25, indicating that their average stock price is 125% less volatile than the S&P 500.
Insider & Institutional Ownership
87.4% of AMETEK shares are owned by institutional investors. Comparatively, 43.5% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by institutional investors. 0.5% of AMETEK shares are owned by insiders. Comparatively, 16.2% of shares of all “Electronic Equipment, Instruments & Components” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Valuation & Earnings
This table compares AMETEK and its competitors top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| AMETEK | $7.40 billion | $1.48 billion | 34.81 |
| AMETEK Competitors | $4.00 billion | $172.92 million | 5.73 |
AMETEK has higher revenue and earnings than its competitors. AMETEK 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.
Analyst Recommendations
This is a summary of current ratings and target prices for AMETEK and its competitors, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| AMETEK | 0 | 5 | 13 | 1 | 2.79 |
| AMETEK Competitors | 2047 | 7599 | 10422 | 660 | 2.47 |
AMETEK currently has a consensus target price of $276.56, suggesting a potential upside of 16.15%. As a group, “Electronic Equipment, Instruments & Components” companies have a potential upside of 34.06%. Given AMETEK’s competitors higher probable upside, analysts plainly believe AMETEK has less favorable growth aspects than its competitors.
Profitability
This table compares AMETEK and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| AMETEK | 20.04% | 16.93% | 11.26% |
| AMETEK Competitors | -158.14% | -25.87% | -6.85% |
Dividends
AMETEK pays an annual dividend of $1.36 per share and has a dividend yield of 0.6%. AMETEK pays out 19.9% of its earnings in the form of a dividend. As a group, “Electronic Equipment, Instruments & Components” companies pay a dividend yield of 1.9% and pay out 70.2% of their earnings in the form of a dividend. AMETEK has increased its dividend for 6 consecutive years.
Summary
AMETEK beats its competitors on 12 of the 15 factors compared.
About AMETEK
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry. Its EMG segment offers engineered medical components and devices, automation solutions, thermal management systems, specialty metals, and electrical interconnects; single-use and consumable surgical instruments, implantable components, and drug delivery systems; engineered electrical connectors and electronics packaging to protect sensitive devices and mission-critical electronics; precision motion control products for data storage, medical devices, business equipment, and automation; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for thermal management, military and commercial aircraft, and military ground vehicles; motors for commercial appliances, food and beverage machines, hydraulic pumps, and industrial blowers; and operates a network of aviation maintenance, repair, and overhaul facilities. AMETEK, Inc. was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.
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