Mettler-Toledo International - MTD Stock Forecast, Price & News

Mettler-Toledo International Inc. engages in the manufacture and supply of precision instruments and services worldwide. It operates in 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, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, 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, x-ray, checkweighing, camera-based imaging equipment, track-and-trace solutions, and product inspection systems. The company's retail weighing solutions consist of networked scales and software, stand-alone scales, and automated packaging and labeling solutions for handling fresh goods. It serves the life science industry, independent research organizations, and testing labs; food and beverage manufacturers; food retailers; chemical, specialty chemical, and cosmetics companies; food retailers; transportation and logistics, metals, and electronics industries; and the academic community through its direct sales force and indirect distribution channels. The company was incorporated in 1991 and is based in Columbus, Ohio.

Mettler-Toledo International Stock Performance

Shares of MTD traded down $8.25 during trading hours on Tuesday, hitting $1,358.14. The stock had a trading volume of 2,005 shares, compared to its average volume of 108,215. The company has a debt-to-equity ratio of 250.82, a current ratio of 1.18 and a quick ratio of 0.77. Mettler-Toledo International has a 12 month low of $1,082.78 and a 12 month high of $1,714.75. The firm has a market capitalization of $30.57 billion, a PE ratio of 38.50, a PEG ratio of 3.36 and a beta of 1.12. The stock has a fifty day moving average price of $1,220.65 and a 200 day moving average price of $1,304.92.

Mettler-Toledo International (NYSE:MTD - Get Rating) last issued its quarterly earnings data on Friday, July 29th. The medical instruments supplier reported $9.39 EPS for the quarter, topping the consensus estimate of $8.78 by $0.61. Mettler-Toledo International had a return on equity of 799.34% and a net margin of 21.23%. The company had revenue of $978.39 million during the quarter, compared to analyst estimates of $951.81 million. During the same quarter in the previous year, the company posted $8.10 earnings per share. Mettler-Toledo International's revenue was up 5.8% compared to the same quarter last year. Analysts anticipate that Mettler-Toledo International will post 38.96 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Robert W. Baird lifted their price objective on Mettler-Toledo International from $1,369.00 to $1,406.00 and gave the company a "neutral" rating in a research note on Monday, August 1st. UBS Group began coverage on Mettler-Toledo International in a research note on Wednesday, July 20th. They issued a "neutral" rating and a $1,237.00 price target for the company. TheStreet cut Mettler-Toledo International from a "b" rating to a "c+" rating in a research note on Thursday, July 28th. Wells Fargo & Company upgraded Mettler-Toledo International from an "equal weight" rating to an "overweight" rating and decreased their price target for the stock from $1,600.00 to $1,410.00 in a research note on Monday, April 25th. Finally, The Goldman Sachs Group decreased their price target on Mettler-Toledo International from $1,280.00 to $1,140.00 and set a "sell" rating for the company in a research note on Thursday, July 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $1,298.25.

Insider Transactions at Mettler-Toledo International

In other news, insider Peter Aggersbjerg sold 1,797 shares of the company's stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $1,300.00, for a total value of $2,336,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Olivier A. Filliol sold 12,500 shares of the business's stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $1,243.32, for a total value of $15,541,500.00. Following the sale, the director now directly owns 16,309 shares in the company, valued at $20,277,305.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Peter Aggersbjerg sold 1,797 shares of the business's stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $1,300.00, for a total value of $2,336,100.00. The disclosure for this sale can be found here. Insiders sold a total of 44,852 shares of company stock valued at $58,317,471 over the last 90 days. Company insiders own 2.80% of the company's stock.