Mettler-Toledo International (MTD) Earning Somewhat Positive Media Coverage, Report Finds

News coverage about Mettler-Toledo International (NYSE:MTD) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mettler-Toledo International earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the medical instruments supplier an impact score of 46.5954112921992 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

MTD has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Evercore ISI initiated coverage on shares of Mettler-Toledo International in a research report on Wednesday, January 3rd. They set an “in-line” rating and a $625.00 price target for the company. Goldman Sachs Group restated a “buy” rating and set a $690.00 price target on shares of Mettler-Toledo International in a research report on Tuesday, September 26th. Morgan Stanley boosted their price target on shares of Mettler-Toledo International from $535.00 to $545.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. Finally, Robert W. Baird boosted their price target on shares of Mettler-Toledo International from $605.00 to $675.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $622.33.

Shares of Mettler-Toledo International (NYSE MTD) traded down $6.93 during trading hours on Thursday, reaching $639.26. 161,767 shares of the company traded hands, compared to its average volume of 174,021. Mettler-Toledo International has a one year low of $408.97 and a one year high of $694.48. The stock has a market capitalization of $16,320.00, a price-to-earnings ratio of 38.79, a PEG ratio of 2.56 and a beta of 1.09. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.51 and a quick ratio of 1.11.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.32 by $0.04. Mettler-Toledo International had a net margin of 16.44% and a return on equity of 96.81%. The company had revenue of $698.80 million during the quarter, compared to analyst estimates of $685.56 million. During the same period in the previous year, the business earned $3.89 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. equities analysts predict that Mettler-Toledo International will post 17.52 earnings per share for the current fiscal year.

In related news, Director Richard D. Francis bought 160 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was bought at an average cost of $627.91 per share, for a total transaction of $100,465.60. Following the completion of the transaction, the director now owns 254 shares of the company’s stock, valued at $159,489.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael A. Kelly sold 3,384 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $638.24, for a total transaction of $2,159,804.16. Following the completion of the transaction, the director now owns 4,762 shares of the company’s stock, valued at $3,039,298.88. The disclosure for this sale can be found here. Insiders sold 39,969 shares of company stock valued at $25,242,999 over the last quarter. 5.20% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Mettler-Toledo International (NYSE:MTD)

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