News stories about Mettler-Toledo International (NYSE:MTD) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mettler-Toledo International earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the medical instruments supplier an impact score of 47.4901699345012 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Perceptron (PRCP) versus Mettler-Toledo International (MTD) Critical Contrast (americanbankingnews.com)
- Pro-Trader Daily: Earnings Review and Free Research Report: Baxter’s Revenue Grew 6%; EPS Rocketed 96% (finanznachrichten.de)
- Press Release: V2630 Visual Inspection System Boasts Exceptional Flexibility and Versatility (4-traders.com)
- Q1 2018 EPS Estimates for Mettler-Toledo International, Inc. Decreased by Jefferies Group (MTD) (americanbankingnews.com)
- ETFs with exposure to Mettler-Toledo International, Inc. : November 9, 2017 (finance.yahoo.com)
A number of analysts have weighed in on MTD shares. Bank of America Corporation upped their price target on Mettler-Toledo International from $640.00 to $710.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $690.00 price target on shares of Mettler-Toledo International in a research report on Tuesday, September 26th. Zacks Investment Research upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $711.00 price target on the stock in a research report on Thursday, September 21st. BidaskClub upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $565.00 price target (up from $533.00) on shares of Mettler-Toledo International in a research report on Saturday, July 22nd. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $621.57.
Mettler-Toledo International (NYSE:MTD) opened at $631.37 on Wednesday. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.51 and a quick ratio of 1.11. The company has a market capitalization of $16,136.33, a price-to-earnings ratio of 37.33, a price-to-earnings-growth ratio of 2.88 and a beta of 1.13. Mettler-Toledo International has a one year low of $407.87 and a one year high of $694.48.
Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings data on Thursday, November 2nd. The medical instruments supplier reported $4.36 EPS for the quarter, topping analysts’ consensus estimates of $4.32 by $0.04. The company had revenue of $698.80 million for the quarter, compared to analyst estimates of $685.56 million. Mettler-Toledo International had a return on equity of 96.81% and a net margin of 16.44%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.89 earnings per share. sell-side analysts expect that Mettler-Toledo International will post 17.52 EPS for the current year.
In other Mettler-Toledo International news, Director Michael A. Kelly sold 3,384 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $638.24, for a total value of $2,159,804.16. Following the transaction, the director now owns 4,762 shares of the company’s stock, valued at $3,039,298.88. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Thomas Caratsch sold 1,500 shares of the business’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $588.00, for a total value of $882,000.00. Following the completion of the transaction, the insider now directly owns 2,270 shares in the company, valued at approximately $1,334,760. The disclosure for this sale can be found here. In the last three months, insiders sold 20,065 shares of company stock worth $12,128,286. Insiders own 5.20% of the company’s stock.
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Mettler-Toledo International Company Profile
Mettler-Toledo International Inc is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics and food retailing applications.
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