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Active Stock’s Momentum: AMETEK Inc. (NYSE: AME)

BERWYN, Pa., July 23, 2019 – Shares of AMETEK Inc. (NYSE: AME) lost -0.11% to $88.61. The stock traded total volume of 833.067K shares lower than the average volume of 1.15M shares.

AMETEK, Inc. (AME)’s first quarter 2019 sales were a record $1.29B, up 10% contrast to the first quarter of 2018, with organic sales growth of 5%. Operating income increased 10% over the prior-year period to a record $283.30M, and operating income margins were 22.0%.

Electronic Instruments Group (EIG):

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EIG sales in the quarter were $806.90M, up 13% over the first quarter of 2018. EIG’s operating income increased 11% over the same period to $203.10M, and operating income margins were 25.2%.

Electromechanical Group (EMG):

EMG sales in the first quarter were a record $480.80M, up 5% over the same period in 2018.  Operating income in the quarter for EMG was a record $98.80M, up 9% over last year’s first quarter, and operating income margins were 20.6%, up 70 basis points over the prior year.

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AME has the market capitalization of $20.23B and its EPS growth ratio for the past five years was 9.40%. The return on assets ratio of the Company was 9.50% while its return on investment ratio stands at 12.40%. Price to sales ratio was 4.08 while 88.50% of the stock was owned by institutional investors.