Ametek Inc Stock Filter Stocks by Fundamentals

AME Stock  USD 183.72  2.05  1.13%   
Ametek Inc fundamentals help investors to digest information that contributes to Ametek's financial success or failures. It also enables traders to predict the movement of Ametek Stock. The fundamental analysis module provides a way to measure Ametek's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ametek stock.
The current year's Cash And Equivalents is expected to grow to about 458.9 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ametek Cash and Equivalents Analysis

Current Ametek Cash and Equivalents

    
  458.9M  
Most of Ametek's fundamental indicators, such as Cash and Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ametek Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ametek Cash and Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Ametek is extremely important. It helps to project a fair market value of Ametek Stock properly, considering its historical fundamentals such as Cash and Equivalents. Since Ametek's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ametek's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ametek's interrelated accounts and indicators.
-0.550.990.910.990.960.76-0.770.980.970.740.990.890.680.850.490.90.870.641.0-0.870.97-0.090.790.850.60.710.72-0.490.19-0.520.7
-0.55-0.55-0.54-0.54-0.42-0.480.4-0.54-0.44-0.61-0.55-0.75-0.67-0.720.03-0.52-0.59-0.23-0.570.43-0.53-0.08-0.48-0.43-0.27-0.5-0.660.25-0.50.55-0.52
0.99-0.550.860.990.940.75-0.730.950.950.730.990.860.730.860.430.880.90.591.0-0.850.98-0.120.750.850.60.760.72-0.470.16-0.50.72
0.91-0.540.860.880.950.77-0.740.950.850.790.910.870.560.760.510.820.660.620.9-0.80.890.020.740.710.520.560.75-0.680.24-0.70.62
0.99-0.540.990.880.940.74-0.810.970.960.70.990.850.720.880.450.930.870.660.99-0.910.97-0.090.820.880.590.740.69-0.480.16-0.470.68
0.96-0.420.940.950.940.75-0.740.970.930.730.960.850.550.750.590.850.760.650.96-0.830.95-0.10.740.790.60.630.68-0.60.12-0.570.63
0.76-0.480.750.770.740.75-0.540.760.710.630.750.610.680.690.250.620.650.450.76-0.620.730.230.550.60.420.550.64-0.460.23-0.50.58
-0.770.4-0.73-0.74-0.81-0.74-0.54-0.8-0.8-0.4-0.79-0.64-0.55-0.78-0.43-0.91-0.6-0.83-0.750.97-0.71-0.05-0.94-0.8-0.41-0.53-0.420.45-0.120.25-0.37
0.98-0.540.950.950.970.970.76-0.80.970.730.980.910.590.810.580.910.80.710.97-0.880.94-0.060.820.820.590.620.7-0.490.23-0.520.64
0.97-0.440.950.850.960.930.71-0.80.970.650.950.840.540.770.590.910.830.730.95-0.890.9-0.10.830.840.590.590.62-0.320.22-0.360.62
0.74-0.610.730.790.70.730.63-0.40.730.650.680.80.480.540.10.570.540.10.74-0.450.77-0.050.380.430.310.440.97-0.480.56-0.880.77
0.99-0.550.990.910.990.960.75-0.790.980.950.680.870.690.870.520.910.870.690.99-0.890.96-0.060.810.870.620.740.66-0.530.12-0.490.65
0.89-0.750.860.870.850.850.61-0.640.910.840.80.870.50.730.450.810.760.550.88-0.720.85-0.090.710.690.520.550.76-0.40.38-0.630.65
0.68-0.670.730.560.720.550.68-0.550.590.540.480.690.50.9-0.10.620.750.280.71-0.620.710.030.530.640.390.820.58-0.470.1-0.40.6
0.85-0.720.860.760.880.750.69-0.780.810.770.540.870.730.90.240.810.860.60.86-0.840.810.090.790.80.510.790.59-0.490.18-0.390.58
0.490.030.430.510.450.590.25-0.430.580.590.10.520.45-0.10.240.450.350.790.45-0.510.38-0.040.580.580.490.2-0.03-0.140.020.07-0.13
0.9-0.520.880.820.930.850.62-0.910.910.910.570.910.810.620.810.450.720.750.9-0.960.88-0.10.890.860.410.640.55-0.420.11-0.370.56
0.87-0.590.90.660.870.760.65-0.60.80.830.540.870.760.750.860.350.720.530.87-0.730.8-0.060.660.780.60.790.57-0.260.19-0.270.61
0.64-0.230.590.620.660.650.45-0.830.710.730.10.690.550.280.60.790.750.530.61-0.850.520.070.910.780.530.410.07-0.26-0.010.050.02
1.0-0.571.00.90.990.960.76-0.750.970.950.740.990.880.710.860.450.90.870.61-0.860.98-0.110.770.850.610.740.73-0.510.17-0.540.71
-0.870.43-0.85-0.8-0.91-0.83-0.620.97-0.88-0.89-0.45-0.89-0.72-0.62-0.84-0.51-0.96-0.73-0.85-0.86-0.82-0.02-0.96-0.89-0.51-0.64-0.460.46-0.080.26-0.44
0.97-0.530.980.890.970.950.73-0.710.940.90.770.960.850.710.810.380.880.80.520.98-0.82-0.190.710.810.570.740.76-0.60.11-0.620.73
-0.09-0.08-0.120.02-0.09-0.10.23-0.05-0.06-0.1-0.05-0.06-0.090.030.09-0.04-0.1-0.060.07-0.11-0.02-0.190.06-0.03-0.11-0.06-0.03-0.080.210.04-0.12
0.79-0.480.750.740.820.740.55-0.940.820.830.380.810.710.530.790.580.890.660.910.77-0.960.710.060.90.570.610.39-0.40.2-0.210.24
0.85-0.430.850.710.880.790.6-0.80.820.840.430.870.690.640.80.580.860.780.780.85-0.890.81-0.030.90.640.830.43-0.450.15-0.240.28
0.6-0.270.60.520.590.60.42-0.410.590.590.310.620.520.390.510.490.410.60.530.61-0.510.57-0.110.570.640.560.38-0.390.05-0.260.2
0.71-0.50.760.560.740.630.55-0.530.620.590.440.740.550.820.790.20.640.790.410.74-0.640.74-0.060.610.830.560.5-0.540.11-0.360.34
0.72-0.660.720.750.690.680.64-0.420.70.620.970.660.760.580.59-0.030.550.570.070.73-0.460.76-0.030.390.430.380.5-0.50.56-0.880.79
-0.490.25-0.47-0.68-0.48-0.6-0.460.45-0.49-0.32-0.48-0.53-0.4-0.47-0.49-0.14-0.42-0.26-0.26-0.510.46-0.6-0.08-0.4-0.45-0.39-0.54-0.50.110.72-0.29
0.19-0.50.160.240.160.120.23-0.120.230.220.560.120.380.10.180.020.110.19-0.010.17-0.080.110.210.20.150.050.110.560.11-0.380.12
-0.520.55-0.5-0.7-0.47-0.57-0.50.25-0.52-0.36-0.88-0.49-0.63-0.4-0.390.07-0.37-0.270.05-0.540.26-0.620.04-0.21-0.24-0.26-0.36-0.880.72-0.38-0.61
0.7-0.520.720.620.680.630.58-0.370.640.620.770.650.650.60.58-0.130.560.610.020.71-0.440.73-0.120.240.280.20.340.79-0.290.12-0.61
Click cells to compare fundamentals

Ametek Cash and Equivalents Historical Pattern

Today, most investors in Ametek Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ametek's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ametek cash and equivalents as a starting point in their analysis.
   Ametek Cash and Equivalents   
       Timeline  
Competition

Ametek Cash And Equivalents

Cash And Equivalents

458.92 Million

At present, Ametek's Cash And Equivalents is projected to decrease significantly based on the last few years of reporting.

Did you try this?

Run Portfolio Dashboard Now

   

Portfolio Dashboard

Portfolio dashboard that provides centralized access to all your investments
All  Next Launch Module

Ametek ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ametek's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ametek's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Ametek Fundamentals

About Ametek Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ametek Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ametek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ametek Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Cash And Equivalents310.8 M458.9 M

Ametek Investors Sentiment

The influence of Ametek's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ametek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ametek's public news can be used to forecast risks associated with an investment in Ametek. The trend in average sentiment can be used to explain how an investor holding Ametek can time the market purely based on public headlines and social activities around Ametek Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ametek's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ametek's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ametek's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ametek.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ametek in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ametek's short interest history, or implied volatility extrapolated from Ametek options trading.

Pair Trading with Ametek

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ametek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ametek will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ametek Stock

  0.92B Barnes Group Financial Report 25th of April 2024 PairCorr
  0.82CR Crane Company Symbol ChangePairCorr
  0.98GE General Electric Fiscal Quarter End 31st of March 2024 PairCorr
  0.7HI Hillenbrand Financial Report 13th of May 2024 PairCorr

Moving against Ametek Stock

  0.95NMHI Natures Miracle HoldingPairCorr
  0.74RR Richtech Robotics ClassPairCorr
The ability to find closely correlated positions to Ametek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ametek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ametek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ametek Inc to buy it.
The correlation of Ametek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ametek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ametek Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ametek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ametek Inc is a strong investment it is important to analyze Ametek's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:
Check out Ametek Piotroski F Score and Ametek Altman Z Score analysis.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Ametek Stock analysis

When running Ametek's price analysis, check to measure Ametek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Is Ametek's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ametek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.113
Dividend Share
1
Earnings Share
5.68
Revenue Per Share
28.618
Quarterly Revenue Growth
0.065
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ametek's market value can be influenced by many factors that don't directly affect Ametek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.