Mettler-Toledo International (MTD) to Release Earnings on Thursday

Mettler-Toledo International (NYSE:MTDGet Free Report) will be posting its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Mettler-Toledo International to post earnings of $7.63 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Mettler-Toledo International (NYSE:MTDGet Free Report) last issued its quarterly earnings results on Friday, February 9th. The medical instruments supplier reported $9.40 earnings per share for the quarter, missing analysts’ consensus estimates of $10.32 by ($0.92). The firm had revenue of $934.90 million for the quarter, compared to the consensus estimate of $959.45 million. Mettler-Toledo International had a negative return on equity of 904.59% and a net margin of 20.82%. The business’s revenue was down 11.6% on a year-over-year basis. During the same period last year, the company posted $12.10 EPS. On average, analysts expect Mettler-Toledo International to post $40 EPS for the current fiscal year and $45 EPS for the next fiscal year.

Mettler-Toledo International Price Performance

MTD stock opened at $1,250.80 on Tuesday. The company has a 50 day simple moving average of $1,280.92 and a 200 day simple moving average of $1,186.11. The stock has a market cap of $26.75 billion, a price-to-earnings ratio of 34.85, a P/E/G ratio of 3.42 and a beta of 1.16. Mettler-Toledo International has a 1 year low of $928.49 and a 1 year high of $1,427.04.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on MTD shares. StockNews.com upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday, April 29th. Evercore ISI upped their price objective on shares of Mettler-Toledo International from $1,200.00 to $1,300.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $1,233.25.

Check Out Our Latest Report on Mettler-Toledo International

Insider Buying and Selling at Mettler-Toledo International

In other Mettler-Toledo International news, Director Elisha W. Finney sold 251 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $1,177.35, for a total value of $295,514.85. Following the completion of the transaction, the director now directly owns 316 shares in the company, valued at approximately $372,042.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Mettler-Toledo International news, CFO Shawn Vadala sold 300 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $1,210.83, for a total value of $363,249.00. Following the completion of the transaction, the chief financial officer now directly owns 4,914 shares in the company, valued at approximately $5,950,018.62. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Elisha W. Finney sold 251 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $1,177.35, for a total transaction of $295,514.85. Following the sale, the director now owns 316 shares of the company’s stock, valued at $372,042.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 951 shares of company stock worth $1,170,256. 1.94% of the stock is currently owned by company insiders.

About Mettler-Toledo International

(Get Free Report)

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company's laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems.

Further Reading

Earnings History for Mettler-Toledo International (NYSE:MTD)

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