Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for AMETEK Inc (NYSE: AME) improved recently. AME’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/13/24, AMETEK Inc (NYSE: AME) stock declined slightly by -0.6%, closing at $187.38. However, this decline was accompanied by below average trading volume at 69% of normal. The stock has performed in line with the market over the last nine months and has declined -3.4% during the last week.
Current PriceTarget Research Rating
AMETEK has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. AMETEK has a slightly negative Appreciation Score of 37 and a neutral Power Rating of 54, resulting in the Low Neutral Value Trend Rating.
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