Analyzing AMETEK, Inc. (AME) Upcoming Dividend
AMETEK, Inc. (NYSE: AME) has announced its quarterly dividend for this year, maintaining its payout level at $0.25 per share. Investors need to pay close attention to these details, as they give crucial information about the company's financial health and strategies.
Key Dates:
It is important to remember the key dates in the dividend distribution process: the ex-dividend date, the record date, and the payment date. For AMETEK, the ex-dividend date is set as June 9, 2023, the record date is June 30, 2023, and the payment date is also on June 30, 2023.
The ex-dividend date is significant because it is the deadline to be an official shareholder to receive the upcoming dividend. Shareholders who purchase the stock on or after this date will not receive the next dividend payment. Instead, the payment will be repossessed by the seller. This can potentially impact short-term trading strategies, making it crucial to know these dates.
Consistent Dividend Payment:
The dividend of $0.25 per share to be paid by AMETEK matches the last dividend paid on March 31, 2023. The consistency of dividend payments speaks volumes about a company's financial stability. This regular dividend payout implies that AMETEK's earnings are robust enough to support a steady return to shareholders, which can be seen as a positive signal.
The Implication of the Dividend:
It's important to consider the implications of AMETEK's dividend payout ratio, as it reflects the portion of earnings the company is willing to distribute to its shareholders. While the exact earnings per share (EPS) figure is not provided here, investors should ensure the payout ratio is sustainable. A ratio that is too high can indicate that the company is paying out more than it earns, potentially jeopardizing future dividends or indicating poor reinvestment strategies.
Looking Forward:
Investors need to take note of the fact that the ex-dividend date for AMETEK is coming up soon. This will have implications for both current shareholders and potential buyers. For existing shareholders, this could be an opportunity to reap some rewards from their investment, provided they do not sell their shares on or after the ex-dividend date.
For potential buyers, this could affect their investment strategy. If they are looking to benefit from the upcoming dividend, they need to buy shares before the ex-dividend date, which is June 9, 2023.
AMETEK's dividend payout provides an opportunity for shareholders to enjoy a steady income, making it an attractive choice for income-focused investors. However, as always, investors should not just focus on dividend yield, but also consider the company's long-term growth prospects, profitability, and financial stability to ensure a sound investment strategy.
AME in downward trend: 10-day moving average crossed below 50-day moving average on September 11, 2023
The 10-day moving average for AME crossed bearishly below the 50-day moving average on September 11, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 08, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AME as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for AME turned negative on September 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
AME moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AME declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AME entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AME's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AME advanced for three days, in of 360 cases, the price rose further within the following month. The odds of a continued upward trend are .
AME may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AME’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.357) is normal, around the industry mean (12.476). P/E Ratio (28.571) is within average values for comparable stocks, (44.921). Projected Growth (PEG Ratio) (2.265) is also within normal values, averaging (2.027). AME has a moderately low Dividend Yield (0.006) as compared to the industry average of (0.021). P/S Ratio (5.495) is also within normal values, averaging (10.734).
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of electronic instruments and electromechanical devices
Industry IndustrialMachinery
AME and
Correlation & Price change
A.I.dvisor indicates that over the last year, AME has been closely correlated with ETN. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if AME jumps, then ETN could also see price increases.