Faro Technologies shareholders approve acquisition by Ametek
Written by Emily J. Thompson, Senior Investment Analyst
Acquisition Approval: Faro Technologies' shareholders have approved the acquisition of the company by Ametek, with shareholders set to receive $44 in cash per share.
Transaction Timeline: The merger is expected to close in the second half of 2025, pending regulatory approvals and other customary closing conditions.
Analyst Views on AME
Wall Street analysts forecast AME stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AME is 220.71 USD with a low forecast of 180.00 USD and a high forecast of 246.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 215.020
Low
180.00
Averages
220.71
High
246.00
Current: 215.020
Low
180.00
Averages
220.71
High
246.00
About AME
AMETEK, Inc. is a global provider of industrial technology solutions serving a diverse set of niche markets. The Company's segments include Electronic Instruments Group (EIG) and Electromechanical Group (EMG). EIG segment designs and manufactures advanced analytical, test and measurement instruments for the process, aerospace, medical, research, power and industrial markets. It provides a range of instruments to the research and laboratory equipment, ultra-precision manufacturing, optics, medical, and test and measurement markets. It also provides three-dimensional measurement and imaging solutions, including portable measurement arms, laser scanners and trackers, software solutions, and comprehensive service offerings. EMG designs and manufactures engineered medical components and devices, automation solutions, thermal management systems, specialty metals and electrical interconnects. It supplies powdered metals, strip and foil, specialty clad metals and metal matrix composites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
