News stories about Mettler Toledo (NYSE:MTD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mettler Toledo earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the medical instruments supplier an impact score of 45.0388067859485 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research firms recently issued reports on MTD. Citigroup upgraded shares of Mettler Toledo from a “neutral” rating to a “buy” rating and boosted their target price for the company from $685.00 to $692.00 in a research report on Friday, February 9th. Zacks Investment Research upgraded shares of Mettler Toledo from a “hold” rating to a “buy” rating and set a $640.00 target price for the company in a research report on Wednesday, April 11th. Barclays began coverage on shares of Mettler Toledo in a research report on Thursday, January 4th. They set an “equal weight” rating and a $625.00 target price for the company. Goldman Sachs downgraded shares of Mettler Toledo from a “buy” rating to a “neutral” rating in a research report on Monday, April 9th. Finally, Robert W. Baird decreased their target price on shares of Mettler Toledo from $675.00 to $630.00 and set a “neutral” rating for the company in a research report on Friday, February 9th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Mettler Toledo presently has a consensus rating of “Hold” and a consensus target price of $641.00.
NYSE MTD traded down $0.61 on Friday, reaching $576.76. 170,595 shares of the company’s stock traded hands, compared to its average volume of 189,121. Mettler Toledo has a fifty-two week low of $487.71 and a fifty-two week high of $697.26. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.46 and a quick ratio of 1.09. The company has a market capitalization of $14,691.81, a PE ratio of 32.83, a P/E/G ratio of 2.21 and a beta of 1.20.
In other Mettler Toledo news, insider Waldemar Rauch sold 4,500 shares of Mettler Toledo stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $614.18, for a total value of $2,763,810.00. Following the completion of the transaction, the insider now owns 8,068 shares of the company’s stock, valued at $4,955,204.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider La Guerroniere Marc De sold 2,000 shares of Mettler Toledo stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $630.00, for a total transaction of $1,260,000.00. Following the completion of the transaction, the insider now directly owns 2,000 shares of the company’s stock, valued at approximately $1,260,000. The disclosure for this sale can be found here. Insiders sold 28,268 shares of company stock valued at $17,497,059 in the last ninety days. 4.80% of the stock is owned by corporate insiders.
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About Mettler Toledo
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.
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