Mettler-Toledo International (MTD) Receiving Somewhat Favorable Media Coverage, Analysis Shows
Media coverage about Mettler-Toledo International (NYSE:MTD) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mettler-Toledo International earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media stories about the medical instruments supplier an impact score of 45.4886935778595 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s rankings:
- Mettler-Toledo International, Inc. (MTD) Insider Sells $2,972,701.26 in Stock (americanbankingnews.com)
- Mettler-Toledo International Inc. Announces Webcast of Presentation at Citi Global Healthcare Conference (finance.yahoo.com)
- Mettler-Toledo International, Inc. (MTD) Insider Sells $845,708.52 in Stock (americanbankingnews.com)
- Mettler Toledo International : New First-Defect-Stop Guide Puts Lean Management Principles to Work in the Laboratory (4-traders.com)
- Mettler Toledo International : Free Collection of Drying Methods for Plastics Helps Improve Moisture Analysis Results (4-traders.com)
Shares of Mettler-Toledo International (NYSE:MTD) traded down $4.57 during trading on Friday, hitting $624.64. 165,902 shares of the stock were exchanged, compared to its average volume of 138,504. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.51. Mettler-Toledo International has a 52-week low of $408.12 and a 52-week high of $694.48. The stock has a market cap of $15,980.00, a P/E ratio of 37.23, a P/E/G ratio of 2.87 and a beta of 1.13.
Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.32 by $0.04. Mettler-Toledo International had a net margin of 16.44% and a return on equity of 96.81%. The firm had revenue of $698.80 million for the quarter, compared to the consensus estimate of $685.56 million. During the same quarter in the previous year, the firm earned $3.89 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. equities research analysts expect that Mettler-Toledo International will post 17.52 earnings per share for the current fiscal year.
A number of research analysts have commented on the stock. BidaskClub raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Zacks Investment Research downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research report on Tuesday, September 26th. Goldman Sachs Group reissued a “buy” rating and set a $690.00 target price on shares of Mettler-Toledo International in a research report on Tuesday, September 26th. Morgan Stanley reissued an “equal weight” rating and set a $535.00 target price (down previously from $565.00) on shares of Mettler-Toledo International in a research report on Friday, October 6th. Finally, Bank of America lifted their price objective on shares of Mettler-Toledo International from $640.00 to $710.00 and gave the stock a “buy” rating in a research report on Monday, October 9th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Mettler-Toledo International has an average rating of “Buy” and a consensus target price of $621.57.
In other news, CFO Shawn Vadala sold 226 shares of Mettler-Toledo International stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $629.36, for a total value of $142,235.36. Following the transaction, the chief financial officer now owns 5,299 shares of the company’s stock, valued at approximately $3,334,978.64. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider William P. Donnelly sold 10,000 shares of Mettler-Toledo International stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $630.02, for a total transaction of $6,300,200.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,697 shares of company stock worth $26,294,324. Insiders own 5.20% of the company’s stock.
About Mettler-Toledo International
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.
Receive News & Ratings for Mettler-Toledo International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.