Somewhat Favorable News Coverage Very Likely to Affect MTS Systems (MTSC) Stock Price

Headlines about MTS Systems (NASDAQ:MTSC) have trended somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MTS Systems earned a media sentiment score of 0.09 on Alpha One’s scale. Alpha One also gave media headlines about the scientific and technical instruments company an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Alpha One Sentiment’s analysis:

Insider Buying and Selling by Quarter for MTS Systems (NASDAQ:MTSC)

MTS Systems (NASDAQ MTSC) traded down 0.64% during mid-day trading on Tuesday, reaching $54.45. The company had a trading volume of 97,119 shares. The firm has a market capitalization of $911.55 million, a PE ratio of 45.83 and a beta of 1.27. MTS Systems has a 52 week low of $41.53 and a 52 week high of $59.00. The stock’s 50-day moving average price is $51.93 and its 200 day moving average price is $53.95.

MTS Systems (NASDAQ:MTSC) last released its quarterly earnings data on Monday, May 8th. The scientific and technical instruments company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.19. MTS Systems had a return on equity of 7.20% and a net margin of 3.72%. The company had revenue of $193.42 million during the quarter, compared to the consensus estimate of $185.54 million. During the same quarter in the prior year, the firm posted $0.27 earnings per share. On average, equities research analysts predict that MTS Systems will post $2.22 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 7th. Investors of record on Friday, June 23rd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.19%. The ex-dividend date is Wednesday, June 21st. MTS Systems’s payout ratio is presently 98.36%.

A number of brokerages have commented on MTSC. Zacks Investment Research raised MTS Systems from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 17th. TheStreet cut MTS Systems from a “b-” rating to a “c” rating in a research note on Monday, April 17th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $55.67.

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In other news, insider David Hore bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The shares were bought at an average cost of $51.55 per share, for a total transaction of $257,750.00. Following the acquisition, the insider now directly owns 5,000 shares in the company, valued at $257,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jeffrey A. Graves sold 23,820 shares of the stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $54.10, for a total value of $1,288,662.00. Following the completion of the sale, the insider now directly owns 50,514 shares of the company’s stock, valued at $2,732,807.40. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

MTS Systems Company Profile

MTS Systems Corporation is a supplier of test systems and position sensors. The Company operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and services to ground vehicles, materials and structures markets. The Sensors segment provides position sensors for a range of industrial and mobile hydraulic applications.

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