Machinery Stocks on Investors' Radar -- Ametek, Dover, Xylem, and Zebra Technologies

NEW YORK, August 17, 2016 /PRNewswire/ --

Equities under review this morning on Stock-Callers.com belong in the Diversified Machinery industry, which includes companies engaged in the manufacturing and selling of industrial machinery products to businesses. Let us take a look at these companies: Ametek Inc. (NYSE: AME), Dover Corp. (NYSE: DOV), Xylem Inc. (NYSE: XYL), and Zebra Technologies Corp. (NASDAQ: ZBRA). Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Ametek  

On Tuesday, shares in Berwyn, Pennsylvania headquartered Ametek Inc. recorded a trading volume of 1.26 million shares. The stock ended the day at $48.38, rising 0.14%. The Company's shares have gained 1.81% in the last one month and 2.96% over the previous three months. The stock is trading above its 50-day moving average by 3.28%. Furthermore, shares of Ametek, which manufactures and sells electronic instruments and electromechanical devices worldwide, have a Relative Strength Index (RSI) of 61.23.

On August 4th, 2016, AMETEK reported Q2 2016 sales of $977.7 million, down 3% from Q2 2015. The company's operating income was $219.0 million and operating margins were 22.4% in the quarter.  Diluted earnings per share declined 8% from last year's Q2 to $0.59 per diluted share.  

On August 05th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $56 a share to $53 a share. AME complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=AME


Dover  

Downers Grove, Illinois headquartered Dover Corp.'s stock finished yesterday's session 0.28% lower at $74.23 and with a total volume of 777,690 shares traded. The Company's shares have gained 1.41% in the last one month, 12.11% over the previous three months, and 22.70% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.67% and 15.53%, respectively. Furthermore, shares of Dover, which manufactures and sells a range of equipment and components, specialty systems, and support services in the US and internationally, have an RSI of 59.43.

On August 5th, 2016, the Board of Directors of Dover announced a 5% increase in its quarterly cash dividend to $0.44 per share. This is the 61st consecutive year in which the company has increased its annual cash dividend, which will be paid on September 15th, 2016 to shareholders of record as of August 31st, 2016. The complimentary report on DOV can be downloaded at:


http://stock-callers.com/registration/?symbol=DOV


Xylem  

At the closing bell on Tuesday, shares in Rye Brook, New York headquartered Xylem Inc. saw a slight drop of 0.24%, ending the day at $50.20. The stock recorded a trading volume of 1.95 million shares, which was higher than its three months average volume of 1.14 million shares. The Company's shares have advanced 6.83% in the last one month, 15.87% in the previous three months, and 38.61% on an YTD basis. The stock is trading 8.12% above its 50-day moving average and 24.28% above its 200-day moving average. Moreover, shares of Xylem, which engages in the design, manufacture, and application of engineered technologies for the water and wastewater applications, have an RSI of 72.04.

On August 15th, 2016, Xylem announced that it will acquire Sensus for approximately $1.7 billion in cash. Sensus, is a leading provider of smart meters, network technologies, and advanced data analytics services for the water, electric and gas industries. The $1.7 billion cash purchase price is 10.7x Sensus' fiscal year 2016 adjusted EBITDA.

Yesterday, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $47 a share to $51 a share. Sign up for your complimentary research report on XYL at:

http://stock-callers.com/registration/?symbol=XYL


Zebra Technologies  

Lincolnshire, Illinois headquartered Zebra Technologies Corp.'s stock ended the day 2.15% higher at $70.19 and with a total volume of 762,776 shares traded. The Company's shares have gained 38.96% in the last month, 41.48% over the previous three months, and 0.78% on an YTD basis. The stock is trading 29.44% above its 50-day moving average and 12.58% above its 200-day moving average. Additionally, shares of Zebra Technologies, which together with its subsidiaries, designs, manufactures, sells, and supports direct thermal and thermal transfer label printers, radio frequency identification printer/encoders, dye sublimation card printers, real-time locating solutions, related accessories, and support software worldwide, have an RSI of 84.65.

On August 9th, 2016, Zebra Technologies reported that net sales for the three months ended July 2nd, 2016, were $879 million compared to $890 million for the Q2 2015. The net loss for Q2 2016 was $49 million, or $0.95 per share, compared to $77 million, or $1.50 per share for Q2 2015.

On August 09th, 2016, research firm Wellington Shields upgraded the Company's stock rating from 'Hold' to 'Gradually Accumulate'. Get free access to your research report on ZBRA at:

http://stock-callers.com/registration/?symbol=ZBRA

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