Mettler-Toledo International (NYSE:MTD) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of $4.99 per share for the quarter.
NYSE MTD opened at $546.82 on Thursday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.46 and a quick ratio of 1.06. Mettler-Toledo International has a 1 year low of $521.79 and a 1 year high of $697.26. The firm has a market capitalization of $13.50 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 2.14 and a beta of 1.08.
MTD has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th. Morgan Stanley decreased their price objective on shares of Mettler-Toledo International from $568.00 to $540.00 and set an “equal weight” rating for the company in a research note on Friday, July 13th. UBS Group started coverage on shares of Mettler-Toledo International in a research note on Tuesday, October 9th. They set a “neutral” rating and a $625.00 target price for the company. Finally, JPMorgan Chase & Co. increased their target price on shares of Mettler-Toledo International from $550.00 to $600.00 and gave the stock a “neutral” rating in a research note on Friday, July 27th. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $624.00.
Mettler-Toledo International Company Profile
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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