Shares of MTS Systems Corporation (NASDAQ:MTSC) have been given an average recommendation of “Hold” by the six brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $61.00.

A number of analysts have weighed in on MTSC shares. B. Riley restated a “buy” rating on shares of MTS Systems Corporation in a research note on Wednesday, November 1st. FBR & Co reiterated a “buy” rating on shares of MTS Systems Corporation in a research report on Tuesday, October 10th. Zacks Investment Research cut MTS Systems Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, BidaskClub cut MTS Systems Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd.

In other MTS Systems Corporation news, insider William C. Becker acquired 4,000 shares of the stock in a transaction on Wednesday, August 23rd. The shares were bought at an average price of $46.40 per share, with a total value of $185,600.00. Following the acquisition, the insider now owns 4,000 shares of the company’s stock, valued at $185,600. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey A. Graves acquired 1,000 shares of the stock in a transaction on Friday, August 11th. The stock was acquired at an average cost of $48.31 per share, for a total transaction of $48,310.00. The disclosure for this purchase can be found here. Insiders acquired a total of 20,000 shares of company stock worth $951,560 in the last ninety days. 1.80% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in MTSC. Parametric Portfolio Associates LLC boosted its stake in shares of MTS Systems Corporation by 2.3% during the 1st quarter. Parametric Portfolio Associates LLC now owns 34,818 shares of the scientific and technical instruments company’s stock worth $1,917,000 after acquiring an additional 796 shares in the last quarter. OppenheimerFunds Inc. boosted its stake in shares of MTS Systems Corporation by 25.0% during the 1st quarter. OppenheimerFunds Inc. now owns 8,164 shares of the scientific and technical instruments company’s stock worth $449,000 after acquiring an additional 1,633 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of MTS Systems Corporation by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 130,701 shares of the scientific and technical instruments company’s stock worth $7,195,000 after acquiring an additional 3,110 shares in the last quarter. Teachers Advisors LLC raised its position in shares of MTS Systems Corporation by 5.0% during the 1st quarter. Teachers Advisors LLC now owns 27,668 shares of the scientific and technical instruments company’s stock worth $1,523,000 after purchasing an additional 1,314 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of MTS Systems Corporation by 5.6% during the 1st quarter. California Public Employees Retirement System now owns 33,800 shares of the scientific and technical instruments company’s stock worth $1,861,000 after purchasing an additional 1,800 shares during the last quarter.

MTS Systems Corporation (MTSC) traded down $0.25 during trading on Wednesday, reaching $52.45. The company’s stock had a trading volume of 14,448 shares, compared to its average volume of 58,488. MTS Systems Corporation has a one year low of $44.65 and a one year high of $59.00. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.46 and a current ratio of 2.06. The firm has a market capitalization of $887.63, a PE ratio of 19.61, a PEG ratio of 2.32 and a beta of 1.25.

MTS Systems Corporation (NASDAQ:MTSC) last posted its quarterly earnings results on Monday, August 7th. The scientific and technical instruments company reported $0.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.10. MTS Systems Corporation had a return on equity of 12.49% and a net margin of 3.13%. The company had revenue of $194.00 million for the quarter, compared to analysts’ expectations of $193.03 million. During the same period last year, the firm earned $0.78 earnings per share. MTS Systems Corporation’s quarterly revenue was up 23.0% on a year-over-year basis. analysts anticipate that MTS Systems Corporation will post 2.1 earnings per share for the current year.

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MTS Systems Corporation Company Profile

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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