Morgan Stanley Maintains Overweight on AMETEK, Raises Price Target to $159
Morgan Stanley maintains AMETEK (NYSE:AME) with a Overweight and raises the price target from $154 to $159.
AMETEK Q3 Adj. EPS $1.26 Beats $1.18 Estimate, Sales $1.44B Beat $1.41B Estimate
AMETEK (NYSE:AME) reported quarterly earnings of $1.26 per share which beat the analyst consensus estimate of $1.18 by 6.78 percent. This is a 24.75 percent increase over earnings of $1.01 per share from the same period
Earnings Scheduled For November 2, 2021
Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
Morgan Stanley Maintains Overweight on AMETEK, Lowers Price Target to $154
Morgan Stanley analyst Joshua Pokrzywinski maintains AMETEK (NYSE:AME) with a Overweight and lowers the price target from $156 to $154.
Multiple Stocks At Support Levels
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Morgan Stanley Maintains Overweight on AMETEK, Raises Price Target to $156
Morgan Stanley analyst Joshua Pokrzywinski maintains AMETEK (NYSE:AME) with a Overweight and raises the price target from $151 to $156.
Rosenblatt Maintains Buy on AMETEK, Raises Price Target to $160
Rosenblatt analyst Scott Graham maintains AMETEK (NYSE:AME) with a Buy and raises the price target from $155 to $160.
Keybanc Maintains Overweight on AMETEK, Raises Price Target to $160
Keybanc analyst Steve Barger maintains AMETEK (NYSE:AME) with a Overweight and raises the price target from $150 to $160.
Recap: AMETEK Q2 Earnings
Shares of AMETEK (NYSE:AME) were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share were up 36.90% over the past year to $1.15, which beat the estimate of $1.10.
AMETEK Sees Q3 Adj. EPS $1.16-$1.18 vs $1.17 Est., Raises FY21 Adj. EPS Guidance From $4.48-$4.56 To $4.62-$4.68 vs $4.56 Est.
2021 Outlook
"We are pleased with AMETEK's performance through the first half of the year. Sales and orders growth has been broad based as the global economy continues its recovery. Our businesses are