Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Mettler-Toledo International (MTD) Stock Price

Media coverage about Mettler-Toledo International (NYSE:MTD) has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mettler-Toledo International earned a news impact score of 0.23 on Accern’s scale. Accern also assigned media stories about the medical instruments supplier an impact score of 47.1256142232237 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media stories that may have effected Accern’s rankings:

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Mettler-Toledo International (MTD) traded up $11.13 during trading hours on Friday, hitting $636.10. 80,276 shares of the company’s stock traded hands, compared to its average volume of 163,541. The firm has a market capitalization of $16,203.37, a P/E ratio of 44.67, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08. The company has a current ratio of 1.46, a quick ratio of 1.09 and a debt-to-equity ratio of 1.75. Mettler-Toledo International has a fifty-two week low of $470.76 and a fifty-two week high of $697.26.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $5.93 by $0.04. The business had revenue of $778.03 million during the quarter, compared to the consensus estimate of $764.26 million. Mettler-Toledo International had a net margin of 13.80% and a return on equity of 94.54%. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.28 earnings per share. research analysts expect that Mettler-Toledo International will post 20.15 earnings per share for the current fiscal year.

A number of analysts have issued reports on the company. Citigroup raised Mettler-Toledo International 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. 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 on the stock. Zacks Investment Research downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Robert W. Baird boosted their price target on shares of Mettler-Toledo International from $605.00 to $675.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Finally, Morgan Stanley boosted their price target on shares of Mettler-Toledo International from $535.00 to $545.00 and gave the stock an “equal weight” rating in a research note on Friday, November 3rd. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $651.44.

In related news, insider Thomas Caratsch sold 1,333 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $634.44, for a total transaction of $845,708.52. Following the completion of the transaction, the insider now owns 1,270 shares in the company, valued at $805,738.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider La Guerroniere Marc De sold 3,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $640.00, for a total transaction of $1,920,000.00. Following the transaction, the insider now owns 3,000 shares of the company’s stock, valued at approximately $1,920,000. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,359 shares of company stock valued at $16,461,030. Insiders own 5.20% of the company’s stock.

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Mettler-Toledo International Company Profile

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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