Tuesday, April 29, 2008 11:41:52 AM
04/23/08 - Next Generation
NEW YORK, April 23 (newratings.com) - Analyst Ned Borland of Next Generation downgrades Ametek Inc (AME) from "buy" to "neutral," while raising his estimates for the company. The target price has been raised from $52 to $54.
In a research note published yesterday, the analyst mentions that the company has posted robust 1Q08 results, with EPS ahead of the estimates, aided by its long cycle businesses. The downgrade in rating is based on valuation, the analyst says. Ametek is a continued beneficiary of the strength in the aerospace, power and process markets, according to Next Generation. The EPS estimates for 2008 and 2009 have been raised from $2.44 to $2.52 and from $2.72 to $2.82, respectively.
Recent AME News
- AMETEK Announces First Quarter 2024 Earnings Call and Webcasted Investor Conference Call Information • PR Newswire (US) • 04/15/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 10:07:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:58:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:35:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:21:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:15:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:06:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:01:55 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/22/2024 06:49:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 09:02:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 09:04:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/15/2024 08:22:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 09:19:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 09:13:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 09:08:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/14/2024 08:33:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/14/2024 08:32:38 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/12/2024 09:50:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 09:02:54 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/09/2024 08:36:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 05:42:21 PM
- AMETEK Increases Quarterly Dividend • PR Newswire (US) • 02/09/2024 01:00:00 PM
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