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Berwyn, Pennsylvania-based AMETEK, Inc. (AME) manufactures and sells electronic instruments and electromechanical devices. Valued at $42.9 billion by market cap, the company manufactures advanced instruments for process, aerospace, power, and industrial markets, and is a supplier of electrical interconnects, specialty metals, technical motors and systems, and floor care and specialty motors. The leading global provider of industrial technology solutions is expected to announce its fiscal third-quarter earnings for 2025 in the near term.
Ahead of the event, analysts expect AME to report a profit of $1.76 per share on a diluted basis, up 6% from $1.66 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect AME to report EPS of $7.18, up 5.1% from $6.83 in fiscal 2024. Its EPS is expected to rise 8.2% year over year to $7.77 in fiscal 2026.
AME stock has underperformed the S&P 500 Index’s ($SPX) 13.4% gains over the past 52 weeks, with shares up 8.3% during this period. Similarly, it underperformed the Industrial Select Sector SPDR Fund’s (XLI) 10.1% gains over the same time frame.
On Jul. 31, AME shares closed up by 4.6% after reporting its Q2 results. Its adjusted EPS of $1.78 exceeded Wall Street expectations of $1.68. The company’s revenue was $1.8 billion, beating Wall Street's $1.7 billion forecast. AME expects full-year adjusted EPS in the range of $7.06 to $7.20.
Analysts’ consensus opinion on AME stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 19 analysts covering the stock, 11 advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and seven give a “Hold.” AME’s average analyst price target is $208.56, indicating a potential upside of 12.3% from the current levels.
