Digi International (DGII) “Buy” Rating Maintained by Analysts at Canaccord Genuity; With $15.0000 Target; Ametek (AME)’s Sentiment Is 1.29

AMETEK, Inc. (NYSE:AME) Logo

Canaccord Genuity have a $15.0000 price target on the stock. The price target means a potential upside of 32.74% from Digi International Inc (NASDAQ:DGII)‘s last price. This rating was revealed in a research note on Thursday morning.

Ametek Inc (AME) investors sentiment increased to 1.29 in Q4 2017. It’s up 0.09, from 1.2 in 2017Q3. The ratio increased, as 232 hedge funds opened new or increased holdings, while 180 sold and decreased their holdings in Ametek Inc. The hedge funds in our database reported: 192.20 million shares, up from 192.13 million shares in 2017Q3. Also, the number of hedge funds holding Ametek Inc in top ten holdings increased from 2 to 3 for an increase of 1. Sold All: 30 Reduced: 150 Increased: 163 New Position: 69.

Mountain Pacific Investment Advisers Inc Id holds 4.11% of its portfolio in AMETEK, Inc. for 539,191 shares. Mendel Money Management owns 34,625 shares or 2.41% of their US portfolio. Moreover, Jlb & Associates Inc has 2.05% invested in the company for 129,898 shares. The Pennsylvania-based Northstar Asset Management Llc has invested 2.04% in the stock. Forte Capital Llc Adv, a New York-based fund reported 87,587 shares.

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on May, 2 before the open. They expect $0.72 earnings per share, up 20.00% or $0.12 from last year’s $0.6 per share. AME’s profit will be $166.71 million for 24.64 P/E if the $0.72 EPS becomes a reality. After $0.70 actual earnings per share reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts 2.86% EPS growth.

AMETEK, Inc. manufactures electronic instruments and electromechanical devices worldwide. The company has market cap of $16.43 billion. The Company’s Electronic Instruments Group segment offers advanced instruments for the process, power and industrial, and aerospace markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, and automation markets; instruments for the laboratory equipment, ultraprecision manufacturing, medical, and test and measurement markets; and vision systems to inspect surfaces. It has a 24.13 P/E ratio. This segment also provides aircraft and engine sensors, monitoring systems, power instruments, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; power quality monitoring and metering devices, industrial battery chargers, uninterruptible power supplies, programmable power and electrical test equipment, and gas turbine sensors; and dashboard instruments for heavy trucks and other vehicles, as well as timing controls and cooking computers for the food service industry.

Since January 1, 0001, it had 0 insider purchases, and 13 insider sales for $9.09 million activity.

Ratings analysis reveals 100% of Ametek’s analysts are positive. Out of 4 Wall Street analysts rating Ametek, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $50.0 while the high is $62.0. The stock’s average target of $56.50 is -20.37% below today’s ($70.95) share price. AME was included in 4 notes of analysts from November 2, 2016. As per Thursday, December 22, the company rating was upgraded by Robert W. Baird. Atlantic Securities upgraded the stock to “Overweight” rating in Wednesday, February 15 report. The stock of AMETEK, Inc. (NYSE:AME) has “Outperform” rating given on Wednesday, November 2 by RBC Capital Markets. Stifel Nicolaus maintained AMETEK, Inc. (NYSE:AME) on Wednesday, November 2 with “Buy” rating.

The stock decreased 0.77% or $0.55 during the last trading session, reaching $70.95. About 1.93 million shares traded or 60.50% up from the average. AMETEK, Inc. (AME) has risen 40.32% since April 28, 2017 and is uptrending. It has outperformed by 28.77% the S&P500.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.36, from 0.95 in 2017Q3. It improved, as 4 investors sold Digi International Inc. shares while 32 reduced holdings. 13 funds opened positions while 34 raised stakes. 20.88 million shares or 1.46% more from 20.57 million shares in 2017Q3 were reported. Federated Invsts Pa reported 40,083 shares. California Public Employees Retirement System holds 0% of its portfolio in Digi International Inc. (NASDAQ:DGII) for 57,836 shares. Blackrock Incorporated invested 0% in Digi International Inc. (NASDAQ:DGII). California State Teachers Retirement System has 0% invested in Digi International Inc. (NASDAQ:DGII). Millrace Asset Grp Inc Inc holds 1.83% or 200,000 shares. Fifth Third National Bank & Trust reported 2,235 shares stake. Thrivent Fin For Lutherans stated it has 16,587 shares. 10,687 are held by Credit Suisse Ag. Kennedy Mngmt reported 54,150 shares or 0.01% of all its holdings. Brandes Investment Ptnrs L P reported 328,035 shares. Aqr Lc invested in 0% or 146,275 shares. Commercial Bank Of Mellon holds 0% or 355,205 shares. Mufg Americas Holding owns 100 shares. Morgan Stanley holds 164,859 shares or 0% of its portfolio. Wealthtrust accumulated 816 shares.

The stock increased 1.35% or $0.15 during the last trading session, reaching $11.3. About 87,844 shares traded. Digi International Inc. (NASDAQ:DGII) has declined 11.62% since April 28, 2017 and is downtrending. It has underperformed by 23.17% the S&P500.

Since February 16, 2018, it had 0 insider purchases, and 1 sale for $42,000 activity. Riley Kevin C. had sold 4,000 shares worth $42,000 on Friday, February 16.

Among 5 analysts covering Digi Intl (NASDAQ:DGII), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Digi Intl has $15 highest and $12.0 lowest target. $14.50’s average target is 28.32% above currents $11.3 stock price. Digi Intl had 11 analyst reports since August 28, 2015 according to SRatingsIntel. As per Monday, December 11, the company rating was upgraded by Sidoti. The firm earned “Neutral” rating on Wednesday, August 24 by Sidoti. The stock of Digi International Inc. (NASDAQ:DGII) has “Buy” rating given on Monday, January 25 by Sidoti. The rating was initiated by Roth Capital on Friday, February 2 with “Buy”. The firm has “Buy” rating given on Friday, January 26 by Canaccord Genuity. The rating was maintained by Canaccord Genuity on Thursday, July 27 with “Buy”. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, October 26. The firm has “Overweight” rating by Stephens given on Tuesday, September 1. The firm has “Buy” rating by Lake Street given on Friday, January 27. The firm has “Buy” rating given on Friday, August 28 by Lake Street.

Digi International Inc. (NASDAQ:DGII) Institutional Positions Chart