Media headlines about Mettler-Toledo International (NYSE:MTD) have been trending somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mettler-Toledo International earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the medical instruments supplier an impact score of 45.8933188788488 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Insider Selling: Mettler-Toledo International Inc. (MTD) Insider Sells 2,873 Shares of Stock (americanbankingnews.com)
- Mettler-Toledo International Inc. (MTD) Insider Sells $2,674,925.33 in Stock (americanbankingnews.com)
- Mettler-Toledo International Inc. (NYSE:MTD) Quant Update & Trader Valuation as EBITDA hits 0.044065 (cantoncaller.com)
- Can Mettler-Toledo International Inc. (NYSE:MTD) Provide Returns for Investors? QI Reaches 45.00000 (zeelandpress.com)
- Mettler-Toledo International Inc. (NYSE:MTD)’s Cash Flow Growth of 0.04754 Is Worth Taking Note Of (zeelandpress.com)
NYSE MTD opened at $588.91 on Friday. The firm has a market cap of $14.79 billion, a PE ratio of 33.52, a PEG ratio of 2.25 and a beta of 1.11. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 1.92. Mettler-Toledo International has a 1-year low of $540.24 and a 1-year high of $697.26.
Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, July 26th. The medical instruments supplier reported $4.65 earnings per share for the quarter, beating the consensus estimate of $4.58 by $0.07. The firm had revenue of $722.00 million for the quarter, compared to analysts’ expectations of $715.69 million. Mettler-Toledo International had a return on equity of 90.80% and a net margin of 13.52%. The company’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.92 EPS. analysts forecast that Mettler-Toledo International will post 20.15 EPS for the current fiscal year.
MTD has been the topic of several analyst reports. Zacks Investment Research raised Mettler-Toledo International from a “sell” rating to a “hold” rating in a research report on Monday, July 30th. JPMorgan Chase & Co. upped their price objective on Mettler-Toledo International from $550.00 to $600.00 and gave the company a “neutral” rating in a research report on Friday, July 27th. Finally, Morgan Stanley lowered their price objective on Mettler-Toledo International from $568.00 to $540.00 and set an “equal weight” rating on the stock in a research report on Friday, July 13th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Mettler-Toledo International has a consensus rating of “Hold” and an average price target of $625.55.
In other news, EVP William P. Donnelly sold 500 shares of the company’s stock in a transaction on Wednesday, August 8th. The stock was sold at an average price of $585.00, for a total value of $292,500.00. Following the completion of the sale, the executive vice president now directly owns 2,000 shares in the company, valued at approximately $1,170,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William P. Donnelly sold 2,873 shares of the company’s stock in a transaction on Thursday, September 6th. The stock was sold at an average price of $586.78, for a total value of $1,685,818.94. Following the completion of the sale, the insider now owns 3,000 shares of the company’s stock, valued at $1,760,340. The disclosure for this sale can be found here. Insiders have sold a total of 15,482 shares of company stock worth $9,021,604 over the last three months. Insiders own 4.80% of the company’s stock.
Mettler-Toledo International Company Profile
Mettler-Toledo International Inc manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; analytical instruments for use in life science; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; and end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries.
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