B. Riley set a $70.00 price target on MTS Systems (NASDAQ:MTSC) in a research note issued to investors on Tuesday. The firm currently has a buy rating on the scientific and technical instruments company’s stock. B. Riley also issued estimates for MTS Systems’ Q4 2018 earnings at $0.85 EPS, FY2018 earnings at $2.35 EPS and FY2019 earnings at $3.11 EPS.

Other equities analysts also recently issued reports about the company. FBR & Co reiterated a buy rating on shares of MTS Systems in a research report on Tuesday, October 10th. Zacks Investment Research upgraded MTS Systems from a sell rating to a hold rating in a research report on Wednesday, January 31st. Finally, BidaskClub downgraded MTS Systems from a hold rating to a sell rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $61.67.

MTS Systems (MTSC) opened at $46.95 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.71 and a debt-to-equity ratio of 0.83. MTS Systems has a 52 week low of $44.65 and a 52 week high of $57.50. The company has a market capitalization of $849.88, a P/E ratio of 15.97, a price-to-earnings-growth ratio of 2.05 and a beta of 1.12.

MTS Systems (NASDAQ:MTSC) last issued its earnings results on Monday, February 5th. The scientific and technical instruments company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). MTS Systems had a net margin of 7.22% and a return on equity of 9.33%. The company had revenue of $194.20 million during the quarter, compared to analyst estimates of $196.23 million. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. equities research analysts predict that MTS Systems will post 2.34 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of MTSC. Crossmark Global Holdings Inc. acquired a new position in shares of MTS Systems during the third quarter worth approximately $201,000. Wedbush Securities Inc. acquired a new position in shares of MTS Systems during the third quarter worth approximately $214,000. Virtu KCG Holdings LLC bought a new stake in MTS Systems during the second quarter worth approximately $220,000. Virginia Retirement Systems ET AL bought a new stake in MTS Systems during the third quarter worth approximately $267,000. Finally, Teacher Retirement System of Texas bought a new stake in MTS Systems during the fourth quarter worth approximately $312,000. Institutional investors and hedge funds own 97.85% of the company’s stock.

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MTS Systems 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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