Mettler-Toledo International (NYSE:MTD) will post its quarterly earnings results after the market closes on Thursday, February 7th. Analysts expect Mettler-Toledo International to post earnings of $6.74 per share for the quarter.
Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, November 8th. The medical instruments supplier reported $5.12 EPS for the quarter, topping analysts’ consensus estimates of $4.99 by $0.13. Mettler-Toledo International had a net margin of 14.10% and a return on equity of 93.15%. The company had revenue of $734.85 million for the quarter, compared to analysts’ expectations of $738.23 million. During the same quarter last year, the business earned $4.36 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, analysts expect Mettler-Toledo International to post $20 EPS for the current fiscal year and $22 EPS for the next fiscal year.
NYSE MTD opened at $652.84 on Wednesday. Mettler-Toledo International has a 12 month low of $500.74 and a 12 month high of $656.75. The company has a market cap of $16.10 billion, a price-to-earnings ratio of 37.16, a PEG ratio of 2.23 and a beta of 1.30. The company has a current ratio of 1.39, a quick ratio of 1.00 and a debt-to-equity ratio of 1.86.
In other Mettler-Toledo International news, Director Hans Ulrich Maerki sold 2,600 shares of the stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $650.00, for a total transaction of $1,690,000.00. Following the completion of the sale, the director now directly owns 9,487 shares of the company’s stock, valued at approximately $6,166,550. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Shawn Vadala sold 449 shares of the stock in a transaction that occurred on Friday, November 16th. The shares were sold at an average price of $597.21, for a total transaction of $268,147.29. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,295 shares of company stock valued at $18,029,675. Insiders own 4.80% of the company’s stock.
A number of equities research analysts have commented on the stock. ValuEngine upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research note on Thursday, January 24th. Zacks Investment Research cut shares of Mettler-Toledo International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 15th. Bank of America lowered shares of Mettler-Toledo International from a “buy” rating to a “neutral” rating and set a $546.04 price objective for the company. in a report on Thursday, January 3rd. Evercore ISI lowered shares of Mettler-Toledo International from an “in-line” rating to an “underperform” rating in a report on Thursday, January 3rd. Finally, Morgan Stanley increased their price objective on shares of Mettler-Toledo International from $529.00 to $572.00 and gave the company an “equal weight” rating in a report on Wednesday, October 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. Mettler-Toledo International currently has an average rating of “Hold” and an average price target of $612.01.
TRADEMARK VIOLATION NOTICE: This piece of content was published by Stock Observer and is owned by of Stock Observer. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.thestockobserver.com/2019/02/06/mettler-toledo-international-mtd-set-to-announce-earnings-on-thursday.html.
Mettler-Toledo International Company Profile
Mettler-Toledo International Inc manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; analytical instruments for use in life science; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; and end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries.
Read More: Cost of Equity For A Business, Investors
Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with MarketBeat.com's FREE daily email newsletter.