Somewhat Positive News Coverage Somewhat Unlikely to Affect Mettler-Toledo International (MTD) Stock Price

Media coverage about Mettler-Toledo International (NYSE:MTD) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mettler-Toledo International earned a news impact score of 0.16 on Accern’s scale. Accern also gave news headlines about the medical instruments supplier an impact score of 46.2353605872111 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s analysis:

Several brokerages recently commented on MTD. Zacks Investment Research downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Morgan Stanley lifted their target price on shares of Mettler-Toledo International from $535.00 to $545.00 and gave the stock an “equal weight” rating in a research note on Friday, November 3rd. Robert W. Baird lifted their target price on shares of Mettler-Toledo International from $605.00 to $675.00 and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Jefferies Group reaffirmed a “hold” rating and issued a $600.00 target price on shares of Mettler-Toledo International in a research note on Friday, October 20th. Finally, Bank of America lifted their target price on shares of Mettler-Toledo International from $640.00 to $710.00 and gave the stock a “buy” rating in a research note on Monday, October 9th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Mettler-Toledo International presently has an average rating of “Buy” and an average price target of $621.57.

Shares of Mettler-Toledo International (NYSE:MTD) traded down $3.66 during midday trading on Tuesday, hitting $614.77. 179,200 shares of the company traded hands, compared to its average volume of 157,296. The company has a current ratio of 1.51, a quick ratio of 1.11 and a debt-to-equity ratio of 2.05. The stock has a market capitalization of $15,725.28, a P/E ratio of 37.30, a price-to-earnings-growth ratio of 2.81 and a beta of 1.09. Mettler-Toledo International has a 12 month low of $408.97 and a 12 month high of $694.48.

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, beating the Zacks’ consensus estimate of $4.32 by $0.04. The business had revenue of $698.80 million for the quarter, compared to the consensus estimate of $685.56 million. Mettler-Toledo International had a net margin of 16.44% and a return on equity of 96.81%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.89 EPS. equities analysts predict that Mettler-Toledo International will post 17.52 EPS for the current year.

In other Mettler-Toledo International news, insider Simon Kirk sold 4,726 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $629.01, for a total transaction of $2,972,701.26. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Shawn Vadala sold 226 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $629.36, for a total transaction of $142,235.36. Following the transaction, the chief financial officer now directly owns 5,299 shares in the company, valued at $3,334,978.64. The disclosure for this sale can be found here. Over the last three months, insiders have sold 39,969 shares of company stock worth $25,242,999. Insiders own 5.20% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Affect Mettler-Toledo International (MTD) Stock Price” was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this piece on another domain, it was illegally stolen and republished in violation of US and international copyright legislation. The original version of this piece can be accessed at https://www.com-unik.info/2017/12/26/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-mettler-toledo-international-mtd-stock-price.html.

Mettler-Toledo International Company Profile

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.

Insider Buying and Selling by Quarter for Mettler-Toledo International (NYSE:MTD)

What are top analysts saying about Mettler-Toledo International? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Mettler-Toledo International and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit