Mettler-Toledo International (MTD) Scheduled to Post Earnings on Thursday

Mettler-Toledo International (NYSE:MTD) will be announcing its 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. Parties that wish to register for the company’s conference call can do so using this link.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Friday, February 9th. The medical instruments supplier reported $9.40 EPS for the quarter, missing the consensus estimate of $10.32 by ($0.92). Mettler-Toledo International had a negative return on equity of 904.59% and a net margin of 20.82%. The business had revenue of $934.90 million for the quarter, compared to analyst estimates of $959.45 million. During the same period in the previous year, the business posted $12.10 EPS. The business’s quarterly revenue was down 11.6% compared to the same quarter last year. 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 Price Performance

Shares of Mettler-Toledo International stock opened at $1,247.74 on Wednesday. Mettler-Toledo International has a 1 year low of $928.49 and a 1 year high of $1,427.04. The company has a market capitalization of $26.69 billion, a P/E ratio of 34.77, a price-to-earnings-growth ratio of 3.42 and a beta of 1.16. The business has a 50-day moving average of $1,281.61 and a two-hundred day moving average of $1,187.72.

Analysts Set New Price Targets

Several analysts have commented on MTD shares. StockNews.com upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Monday, April 29th. Evercore ISI raised their price objective 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $1,191.57.

Insider Transactions at Mettler-Toledo International

In related news, Director Elisha W. Finney sold 251 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $1,177.35, for a total value of $295,514.85. Following the completion of the transaction, the director now owns 316 shares of the company’s stock, valued at $372,042.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Mettler-Toledo International news, insider Christian Magloth sold 400 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $1,278.73, for a total transaction of $511,492.00. Following the transaction, the insider now owns 734 shares of the company’s stock, valued at approximately $938,587.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Elisha W. Finney sold 251 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $1,177.35, for a total value of $295,514.85. Following the completion of the sale, the director now directly owns 316 shares of the company’s stock, valued at approximately $372,042.60. The disclosure for this sale can be found here. Insiders have sold a total of 951 shares of company stock valued at $1,170,256 over the last 90 days. 1.94% of the stock is owned by corporate insiders.

About Mettler-Toledo International

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.