Mettler-Toledo International (NYSE:MTD – Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Mettler-Toledo International to post earnings of $7.63 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last released its earnings results on Friday, February 9th. The medical instruments supplier reported $9.40 earnings per share for the quarter, missing the consensus estimate of $10.32 by ($0.92). The company had revenue of $934.90 million for the quarter, compared to analysts’ expectations of $959.45 million. Mettler-Toledo International had a net margin of 20.82% and a negative return on equity of 904.59%. Mettler-Toledo International’s revenue for the quarter was down 11.6% on a year-over-year basis. During the same quarter last year, the firm posted $12.10 earnings per share. On average, analysts expect Mettler-Toledo International to post $40 EPS for the current fiscal year and $45 EPS for the next fiscal year.
Mettler-Toledo International Stock Down 0.2 %
Shares of MTD opened at $1,247.74 on Wednesday. The business has a 50-day simple moving average of $1,281.61 and a two-hundred day simple moving average of $1,187.72. Mettler-Toledo International has a 52 week low of $928.49 and a 52 week high of $1,427.04. The stock has a market cap of $26.69 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.42 and a beta of 1.16.
Insider Activity
Wall Street Analyst Weigh In
Several research firms recently issued reports on MTD. Evercore ISI increased their target price on shares of Mettler-Toledo International from $1,200.00 to $1,300.00 and gave the stock an “in-line” rating in a report on Thursday, April 4th. StockNews.com raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research note on Monday, April 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $1,191.57.
Mettler-Toledo International Company Profile
Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through 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, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, 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 equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems.
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