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Less Than Hour Before The Market Open, AMETEK Is Up By 4%

(VIANEWS) – The NYSE opens in less than hour and AMETEK‘s pre-market value is already 4.43% up.

AMETEK’s last close was $182.76, 0.02% above its 52-week high of $182.72.

The last session, NYSE finished with AMETEK (AME) sliding 0.21% to $182.76. NYSE slid 0.19% to $18,077.15, after two successive sessions in a row of losses, on what was a somewhat negative trend trading session.

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.

Earnings Per Share

As for profitability, AMETEK has a trailing twelve months EPS of $5.68.

PE Ratio

AMETEK has a trailing twelve months price to earnings ratio of 32.18. Meaning, the purchaser of the share is investing $32.18 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.2%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6.5%, now sitting on 6.6B for the twelve trailing months.

Sales Growth

AMETEK’s sales growth is 11.4% for the present quarter and 12.1% for the next.

Moving Average

AMETEK’s worth is higher than its 50-day moving average of $168.93 and way higher than its 200-day moving average of $157.57.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AMETEK’s EBITDA is 6.8.

More news about AMETEK (AME).

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