Mettler-Toledo International Inc. (NYSE:MTD) EVP William P. Donnelly sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $612.35, for a total value of $3,674,100.00. Following the completion of the sale, the executive vice president now directly owns 4,500 shares in the company, valued at $2,755,575. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Mettler-Toledo International Inc. (MTD) traded up $0.96 during trading on Thursday, reaching $625.63. The company’s stock had a trading volume of 47,763 shares, compared to its average volume of 171,214. The company has a quick ratio of 1.09, a current ratio of 1.46 and a debt-to-equity ratio of 1.75. The company has a market capitalization of $16,020.00, a P/E ratio of 36.75, a PEG ratio of 2.54 and a beta of 1.08. Mettler-Toledo International Inc. has a 1 year low of $462.24 and a 1 year high of $697.26.
Mettler-Toledo International (NYSE:MTD) last posted its earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 EPS for the quarter, beating the consensus estimate of $5.93 by $0.04. The firm had revenue of $778.03 million during the quarter, compared to the consensus estimate of $764.26 million. Mettler-Toledo International had a return on equity of 94.54% and a net margin of 13.80%. The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company earned $5.28 earnings per share. equities research analysts forecast that Mettler-Toledo International Inc. will post 20.15 EPS for the current year.
Several analysts recently weighed in on MTD shares. Morgan Stanley raised their price objective on Mettler-Toledo International from $550.00 to $580.00 and gave the company an “equal weight” rating in a research note on Friday, February 9th. Evercore ISI initiated coverage on Mettler-Toledo International in a research report on Wednesday, January 3rd. They issued an “in-line” rating and a $625.00 target price for the company. Robert W. Baird dropped their target price on Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating for the company in a research report on Friday, February 9th. Zacks Investment Research downgraded Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, Barclays initiated coverage on Mettler-Toledo International in a research report on Thursday, January 4th. They issued an “equal weight” rating and a $625.00 target price for the company. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $651.44.
About Mettler-Toledo International
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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