Ametek Inc Stock Shares Outstanding
AME Stock | USD 182.90 0.82 0.45% |
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.
As of March 29, 2024, Common Stock Shares Outstanding is expected to decline to about 199.5 M. Ametek | Shares Outstanding |
Ametek Shares Outstanding Analysis
Ametek's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
More About Shares Outstanding | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.1B | 6.6B | 6.9B | Total Revenue | 5.5B | 6.2B | 6.6B | 6.9B |
Shares Outstanding | = | Public Shares | - | Repurchased |
Current Ametek Shares Outstanding | 231.21 M |
Most of Ametek's fundamental indicators, such as Shares Outstanding, 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 Shares Outstanding 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 Shares Outstanding. 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.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition |
Ametek Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Ametek Inc has 231.21 M of shares currently outstending. This is 58.64% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The shares outstanding for all United States stocks is 59.57% higher than that of the company.
Ametek Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ametek's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ametek could also be used in its relative valuation, which is a method of valuing Ametek by comparing valuation metrics of similar companies.Ametek is currently under evaluation in shares outstanding category among related companies.
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
Return On Equity | 0.16 | |||
Return On Asset | 0.0777 | |||
Profit Margin | 0.20 % | |||
Operating Margin | 0.28 % | |||
Current Valuation | 45.25 B | |||
Shares Outstanding | 231.21 M | |||
Shares Owned By Insiders | 0.45 % | |||
Shares Owned By Institutions | 89.84 % | |||
Number Of Shares Shorted | 2.94 M | |||
Price To Earning | 28.43 X | |||
Price To Book | 4.84 X | |||
Price To Sales | 6.41 X | |||
Revenue | 6.6 B | |||
Gross Profit | 2.15 B | |||
EBITDA | 2.04 B | |||
Net Income | 1.31 B | |||
Cash And Equivalents | 345.39 M | |||
Cash Per Share | 1.35 X | |||
Total Debt | 3.31 B | |||
Debt To Equity | 0.35 % | |||
Current Ratio | 1.53 X | |||
Book Value Per Share | 37.80 X | |||
Cash Flow From Operations | 1.74 B | |||
Short Ratio | 3.04 X | |||
Earnings Per Share | 5.67 X | |||
Price To Earnings To Growth | 2.69 X | |||
Target Price | 185.08 | |||
Number Of Employees | 21.5 K | |||
Beta | 1.22 | |||
Market Capitalization | 42.29 B | |||
Total Asset | 15.02 B | |||
Retained Earnings | 9.94 B | |||
Working Capital | (57.91 M) | |||
Current Asset | 1.62 B | |||
Current Liabilities | 1.02 B | |||
Z Score | 9.47 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 0.63 % | |||
Net Asset | 15.02 B | |||
Last Dividend Paid | 1.0 |
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 Reported | Projected for 2024 | ||
Common Stock Shares Outstanding | 231.5 M | 199.5 M |
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
0.92 | B | Barnes Group Financial Report 25th of April 2024 | PairCorr |
0.82 | CR | Crane Company Symbol Change | PairCorr |
0.98 | GE | General Electric Fiscal Quarter End 31st of March 2024 | PairCorr |
0.7 | HI | Hillenbrand Financial Report 13th of May 2024 | PairCorr |
Moving against Ametek Stock
0.74 | RR | Richtech Robotics Class | PairCorr |
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.Check out Ametek Piotroski F Score and Ametek Altman Z Score analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
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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 5.67 | 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.