Is AMETEK Stock Underperforming the S&P 500?
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Berwyn, Pennsylvania-based AMETEK, Inc. (AME) is a global provider of industrial technology solutions serving a diverse range of niche markets. With a market cap of $41.5 billion, the company operates through two segments: Electronic Instruments (EIG) and Electromechanical (EMG).
Companies worth $10 billion or more are generally labeled as “large-cap” stocks, and AMETEK fits this criterion perfectly. The company has a strong focus on innovation and operational excellence, delivering high-performance solutions used in critical applications.
AMETEK stock has dropped 9.3% from its 52-week high of $198.33. Shares of AME have gained marginally over the past three months, underperforming the S&P 500 Index’s ($SPX) 7.6% increase.
Longer term, AME stock has declined marginally on a YTD basis, whereas SPX has risen 2.7%. Moreover, shares of AMETEK have risen nearly 4% over the past 52 weeks, lagging behind the SPX's 12.7% return over the same time frame.
Despite some fluctuations, the stock has been trading above its 50-day and 200-day moving averages since early May.
AMETEK stock fell 1.4% following the release of its Q1 2025 results on May 1. The company reported revenue of $1.7 billion, down slightly from the prior year quarter and falling short of Street expectations. The decline was primarily due to softer sales in the Electronic Instruments Group (EIG), partially offset by growth in the Electromechanical Group (EMG). However, adjusted EPS rose 7% year-over-year to $1.75, surpassing analysts’ estimates.
For fiscal 2025, AMETEK expects adjusted EPS to range between $7.02 and $7.18, reflecting a 3% to 5% increase compared to 2024.
In contrast, rival Rockwell Automation, Inc. (ROK) has notably outpaced the AME stock. Shares of ROK have soared 27.4% over the past 52 weeks and gained 13.8% on a YTD basis.
Despite the stock’s underperformance over the past year, analysts are moderately optimistic about its prospects. The stock has a consensus rating of “Moderate Buy” from the 15 analysts covering it, and it is currently trading below the mean price target of $196.62.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.