Mettler-Toledo International (NYSE:MTD – Get Free Report) will release its earnings data after the market closes on Thursday, May 9th. Analysts expect Mettler-Toledo International to post earnings of $7.63 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last posted its earnings results on Friday, February 9th. The medical instruments supplier reported $9.40 EPS for the quarter, missing the consensus estimate of $10.32 by ($0.92). The company had revenue of $934.90 million for the quarter, compared to the consensus estimate of $959.45 million. Mettler-Toledo International had a net margin of 20.82% and a negative return on equity of 904.59%. The firm’s revenue for the quarter was down 11.6% compared to the same quarter last year. During the same period last year, the company posted $12.10 earnings per share. On average, analysts expect Mettler-Toledo International to post $40 EPS for the current fiscal year and $45 EPS for the next fiscal year.
Mettler-Toledo International Trading Down 0.1 %
Shares of NYSE MTD opened at $1,250.80 on Tuesday. The stock has a 50 day simple moving average of $1,280.92 and a 200-day simple moving average of $1,186.11. The company has a market cap of $26.75 billion, a PE ratio of 34.85, a P/E/G ratio of 3.42 and a beta of 1.16. Mettler-Toledo International has a 12-month low of $928.49 and a 12-month high of $1,427.04.
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Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. StockNews.com upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday, April 29th. Evercore ISI boosted their price objective on Mettler-Toledo International from $1,200.00 to $1,300.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Mettler-Toledo International presently has an average rating of “Hold” and an average target price of $1,233.25.
View Our Latest Stock Report on Mettler-Toledo International
About Mettler-Toledo International
Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company's laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems.
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