Mettler-Toledo International (MTD) Updates FY19 Earnings Guidance

Share on StockTwits

Mettler-Toledo International (NYSE:MTD) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $22.50-$22.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $22.50. The company issued revenue guidance of ~$3.08 billion, compared to the consensus revenue estimate of $3.02 billion.Mettler-Toledo International also updated its FY 2019 guidance to $22.50-22.70 EPS.

A number of brokerages recently commented on MTD. ValuEngine raised shares of Mettler-Toledo International from a hold rating to a buy rating in a research note on Thursday, January 24th. Zacks Investment Research downgraded shares of Mettler-Toledo International from a hold rating to a sell rating in a research note on Tuesday, January 15th. Evercore ISI downgraded shares of Mettler-Toledo International from an in-line rating to an underperform rating in a research note on Thursday, January 3rd. Finally, Bank of America downgraded shares of Mettler-Toledo International from a buy rating to a neutral rating and set a $546.04 price objective for the company. in a research note on Thursday, January 3rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. Mettler-Toledo International currently has a consensus rating of Hold and a consensus price target of $612.01.

NYSE:MTD traded up $14.17 during trading hours on Friday, reaching $662.30. The company’s stock had a trading volume of 289,761 shares, compared to its average volume of 108,429. The company has a market capitalization of $16.23 billion, a price-to-earnings ratio of 32.59, a price-to-earnings-growth ratio of 2.25 and a beta of 1.30. Mettler-Toledo International has a 12 month low of $500.74 and a 12 month high of $666.46. The company has a quick ratio of 1.00, a current ratio of 1.39 and a debt-to-equity ratio of 1.86.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, February 7th. The medical instruments supplier reported $6.85 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.11. The company had revenue of $817.92 million during the quarter, compared to the consensus estimate of $807.58 million. Mettler-Toledo International had a net margin of 17.46% and a return on equity of 96.69%. Mettler-Toledo International’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.97 earnings per share. On average, sell-side analysts expect that Mettler-Toledo International will post 22.49 EPS for the current year.

In other news, insider William P. Donnelly sold 2,500 shares of the company’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $598.20, for a total transaction of $1,495,500.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Michael A. Kelly sold 2,600 shares of the company’s stock in a transaction on Monday, November 12th. The stock was sold at an average price of $603.82, for a total value of $1,569,932.00. Following the transaction, the director now directly owns 4,054 shares in the company, valued at $2,447,886.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,295 shares of company stock worth $18,029,675. Insiders own 4.80% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Macon Daily and is owned by of Macon Daily. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at

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.

Further Reading: What are the reasons investors use put options?

Receive News & Ratings for Mettler-Toledo International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mettler-Toledo International and related companies with's FREE daily email newsletter.

Leave a Reply