MTS Systems Corporation (MTSC) to Release Quarterly Earnings on Monday

MTS Systems Corporation (NASDAQ:MTSC) will be issuing its quarterly earnings data after the market closes on Monday, November 13th. Analysts expect the company to announce earnings of $0.35 per share for the quarter.

MTS Systems Corporation (MTSC) opened at $52.45 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.06 and a debt-to-equity ratio of 1.05. The firm has a market cap of $886.79, a PE ratio of 19.70, a P/E/G ratio of 2.14 and a beta of 1.25. MTS Systems Corporation has a fifty-two week low of $44.65 and a fifty-two week high of $59.00.

A number of equities research analysts recently issued reports on the company. B. Riley restated a “buy” rating on shares of MTS Systems Corporation in a research note on Wednesday, November 1st. Zacks Investment Research cut MTS Systems Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. FBR & Co restated a “buy” rating on shares of MTS Systems Corporation in a research note on Tuesday, October 10th. Finally, BidaskClub cut MTS Systems Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. MTS Systems Corporation presently has a consensus rating of “Hold” and a consensus price target of $61.00.

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In other news, insider William C. Becker acquired 4,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were acquired at an average cost of $46.40 per share, for a total transaction of $185,600.00. Following the purchase, the insider now owns 4,000 shares of the company’s stock, valued at approximately $185,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider David Hore acquired 5,000 shares of the stock in a transaction that occurred on Thursday, August 24th. The stock was purchased at an average price of $47.13 per share, for a total transaction of $235,650.00. Following the completion of the purchase, the insider now directly owns 20,977 shares in the company, valued at approximately $988,646.01. The disclosure for this purchase can be found here. Insiders own 1.80% of the company’s stock.

About MTS Systems Corporation

MTS Systems Corporation is a supplier of test systems and position sensors. The Company operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and services to ground vehicles, materials and structures markets. The Sensors segment provides position sensors for a range of industrial and mobile hydraulic applications.

Earnings History for MTS Systems Corporation (NASDAQ:MTSC)

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