Skip to Content


View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

Ametek Had a Solid First Quarter, Despite Share Declines; We Maintain Our Fair Value Estimate

Nothing in Ametek’s first-quarter results materially alters our long-term view of the firm, as the firm’s latest results broadly fell in line with our expectations. Management brought down its 2022 sales forecast marginally due to some currency-related headwinds, yet it raised its EPS guide by about 3 cents at the midpoint. These changes were negligible in our model, and therefore we maintain our $136 fair value estimate.

Free Trial of Morningstar Investor

Get our analysts’ objective, in-depth, and continuous investment coverage of AME so you can make buy / sell decisions free of market noise.

Start Free Trial

Sponsor Center