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.
WARNING: “MTS Systems Corporation (MTSC) to Release Quarterly Earnings on Monday” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2017/11/12/mts-systems-corporation-mtsc-to-release-quarterly-earnings-on-monday.html.
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.
Receive News & Ratings for MTS Systems Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTS Systems Corporation and related companies with MarketBeat.com's FREE daily email newsletter.