Mettler-Toledo International Inc. (NYSE:MTD) Director Robert F. Spoerry sold 2,500 shares of Mettler-Toledo International stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $625.26, for a total value of $1,563,150.00. Following the completion of the transaction, the director now directly owns 7,295 shares in the company, valued at $4,561,271.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Mettler-Toledo International Inc. (MTD) opened at $634.37 on Monday. Mettler-Toledo International Inc. has a 12 month low of $464.30 and a 12 month high of $697.26. The company has a quick ratio of 1.09, a current ratio of 1.46 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $16,159.31, a P/E ratio of 44.55, a price-to-earnings-growth ratio of 2.63 and a beta of 1.08.
Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $5.93 by $0.04. Mettler-Toledo International had a return on equity of 94.54% and a net margin of 13.80%. The firm had revenue of $778.03 million for the quarter, compared to analyst estimates of $764.26 million. During the same period in the previous year, the firm earned $5.28 earnings per share. The company’s revenue was up 9.6% compared to the same quarter last year. equities research analysts anticipate that Mettler-Toledo International Inc. will post 20.15 EPS for the current year.
A number of research firms recently commented on MTD. Morgan Stanley lifted their price objective on Mettler-Toledo International from $550.00 to $580.00 and gave the stock an “equal weight” rating in a research note on Friday, February 9th. Robert W. Baird cut their price objective on Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating on the stock in a research note on Friday, February 9th. Citigroup raised Mettler-Toledo International from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $685.00 to $692.00 in a research note on Friday, February 9th. Zacks Investment Research lowered Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Evercore ISI began coverage on Mettler-Toledo International in a research note on Wednesday, January 3rd. They issued an “in-line” rating and a $625.00 price objective on the stock. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Mettler-Toledo International has an average rating of “Buy” and a consensus target price of $651.44.
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.
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