Mettler-Toledo International (NYSE:MTD – Get Free Report) issued its quarterly earnings data on Thursday. The medical instruments supplier reported $11.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.80 by $0.66, Zacks reports. Mettler-Toledo International had a negative return on equity of 622.80% and a net margin of 21.40%.The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the firm posted $10.09 EPS. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Mettler-Toledo International updated its FY 2026 guidance to 47.150-47.500 EPS and its Q3 2026 guidance to 12.000-12.150 EPS.
Mettler-Toledo International Stock Up 1.7%
Shares of Mettler-Toledo International stock traded up $22.99 on Friday, reaching $1,403.60. The company’s stock had a trading volume of 111,099 shares, compared to its average volume of 177,346. The company has a market capitalization of $28.36 billion, a P/E ratio of 32.93, a PEG ratio of 2.90 and a beta of 1.24. The stock has a 50-day moving average price of $1,231.02 and a 200-day moving average price of $1,275.04. Mettler-Toledo International has a 52-week low of $1,023.05 and a 52-week high of $1,525.17.
Wall Street Analyst Weigh In
MTD has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on Mettler-Toledo International from $1,413.00 to $1,200.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Barclays dropped their price objective on shares of Mettler-Toledo International from $1,550.00 to $1,500.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 14th. Citigroup cut their target price on shares of Mettler-Toledo International from $1,700.00 to $1,550.00 and set a “buy” rating for the company in a report on Friday, May 8th. Stifel Nicolaus decreased their target price on shares of Mettler-Toledo International from $1,600.00 to $1,400.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Finally, Wall Street Zen downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Mettler-Toledo International presently has a consensus rating of “Hold” and an average price target of $1,408.55.
Institutional Investors Weigh In On Mettler-Toledo International
A number of institutional investors have recently added to or reduced their stakes in the stock. DV Equities LLC acquired a new position in Mettler-Toledo International during the fourth quarter worth $40,000. Quantbot Technologies LP acquired a new stake in shares of Mettler-Toledo International in the third quarter valued at about $49,000. State of Wyoming acquired a new stake in shares of Mettler-Toledo International in the second quarter valued at about $58,000. Kelleher Financial Advisors purchased a new stake in shares of Mettler-Toledo International during the third quarter worth about $61,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Mettler-Toledo International during the second quarter worth about $72,000. Institutional investors and hedge funds own 95.07% of the company’s stock.
About Mettler-Toledo International
Mettler-Toledo International Inc is a global manufacturer and distributor of precision instruments and services for laboratory, industrial and food retail applications. The company’s product portfolio includes laboratory balances and analytical instruments, industrial weighing systems, process analytics and sensors, metal detection and x-ray inspection equipment, checkweighers, and a range of automated inspection and data-management solutions. Mettler-Toledo also provides software, calibration and lifecycle services intended to support compliance, quality control and operational efficiency across customer facilities.
The company serves a broad set of end markets including pharmaceutical and biotech laboratories, chemical and food processors, logistics and manufacturing operations, and retail environments where accurate weighing and inspection are critical.
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