MTS Systems Corporation (MTSC) Earns Daily News Sentiment Rating of 0.07
Media coverage about MTS Systems Corporation (NASDAQ:MTSC) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MTS Systems Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the scientific and technical instruments company an impact score of 46.5324419853081 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities research analysts have recently issued reports on MTSC shares. FBR & Co restated a “buy” rating on shares of MTS Systems Corporation in a report on Tuesday. BidaskClub lowered shares of MTS Systems Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, Zacks Investment Research lowered shares of MTS Systems Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. MTS Systems Corporation presently has a consensus rating of “Hold” and a consensus target price of $58.00.
MTS Systems Corporation (NASDAQ MTSC) opened at 54.10 on Thursday. MTS Systems Corporation has a 1-year low of $41.53 and a 1-year high of $59.00. The company has a 50-day moving average of $50.45 and a 200 day moving average of $50.99. The stock has a market cap of $917.27 million, a P/E ratio of 41.39 and a beta of 1.28.
MTS Systems Corporation (NASDAQ:MTSC) last posted its earnings results on Monday, August 7th. The scientific and technical instruments company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.10. MTS Systems Corporation had a net margin of 3.13% and a return on equity of 12.49%. The company had revenue of $194.00 million for the quarter, compared to analysts’ expectations of $193.03 million. During the same quarter in the prior year, the company posted $0.78 earnings per share. MTS Systems Corporation’s revenue for the quarter was up 23.0% compared to the same quarter last year. Analysts predict that MTS Systems Corporation will post $2.14 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Monday, September 18th were given a $0.30 dividend. The ex-dividend date was Friday, September 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.22%. MTS Systems Corporation’s payout ratio is currently 91.60%.
In related news, insider Jeffrey A. Graves bought 1,000 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were bought at an average price of $48.31 per share, with a total value of $48,310.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David Hore bought 10,000 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was bought at an average cost of $48.20 per share, for a total transaction of $482,000.00. Following the transaction, the insider now directly owns 15,000 shares of the company’s stock, valued at $723,000. The disclosure for this purchase can be found here. Insiders acquired 20,000 shares of company stock worth $951,560 in the last ninety days. 1.80% of the stock is currently owned by corporate insiders.
About MTS Systems Corporation
MTS Systems Corporation is a supplier of test systems and position sensors. The Company operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and services to ground vehicles, materials and structures markets. The Sensors segment provides position sensors for a range of industrial and mobile hydraulic applications.
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