Mettler-Toledo International Inc. (NYSE:MTD) insider La Guerroniere Marc De sold 3,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $640.00, for a total transaction of $1,920,000.00. Following the completion of the transaction, the insider now directly owns 3,000 shares of the company’s stock, valued at $1,920,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
La Guerroniere Marc De also recently made the following trade(s):
- On Thursday, February 15th, La Guerroniere Marc De sold 2,000 shares of Mettler-Toledo International stock. The shares were sold at an average price of $630.00, for a total transaction of $1,260,000.00.
Shares of Mettler-Toledo International Inc. (MTD) traded up $4.44 on Friday, hitting $629.41. 18,486 shares of the stock were exchanged, compared to its average volume of 165,085. The stock has a market capitalization of $16,012.48, a price-to-earnings ratio of 44.23, a P/E/G ratio of 2.60 and a beta of 1.08. Mettler-Toledo International Inc. has a 1 year low of $470.76 and a 1 year high of $697.26. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.46 and a quick ratio of 1.09.
Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $5.93 by $0.04. The firm had revenue of $778.03 million during the quarter, compared to analyst estimates of $764.26 million. Mettler-Toledo International had a net margin of 13.80% and a return on equity of 94.54%. The business’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.28 earnings per share. equities analysts forecast that Mettler-Toledo International Inc. will post 20.15 EPS for the current year.
Several research analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Mettler-Toledo International from $550.00 to $580.00 and gave the stock an “equal weight” rating in a research note on Friday, February 9th. Robert W. Baird dropped their price objective on shares of Mettler-Toledo International from $675.00 to $630.00 and set a “neutral” rating for the company in a research note on Friday, February 9th. Citigroup raised shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $685.00 to $692.00 in a research note on Friday, February 9th. Zacks Investment Research lowered shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Evercore ISI assumed coverage on shares of Mettler-Toledo International in a research note on Wednesday, January 3rd. They set an “in-line” rating and a $625.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $651.44.
Institutional investors and hedge funds have recently modified their holdings of the company. USA Mutuals Advisors Inc. purchased a new stake in shares of Mettler-Toledo International during the fourth quarter valued at $101,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Mettler-Toledo International during the third quarter valued at $125,000. Quantbot Technologies LP purchased a new stake in shares of Mettler-Toledo International during the third quarter valued at $193,000. Lourd Capital LLC bought a new stake in shares of Mettler-Toledo International in the fourth quarter valued at about $211,000. Finally, Quadrant Private Wealth Management LLC bought a new stake in shares of Mettler-Toledo International in the fourth quarter valued at about $232,000. 92.22% of the stock is owned by hedge funds and other institutional investors.
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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.
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