Mettler-Toledo International (MTD) to Release Earnings on Thursday

Mettler-Toledo International (NYSE:MTD) will post its quarterly earnings results after the market closes on Thursday, November 8th. Analysts expect Mettler-Toledo International to post earnings of $4.99 per share for the quarter.

Shares of MTD opened at $577.03 on Wednesday. Mettler-Toledo International has a 12-month low of $521.79 and a 12-month high of $697.26. The firm has a market cap of $14.32 billion, a P/E ratio of 32.84, a PEG ratio of 2.28 and a beta of 1.15. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 1.92.

Several equities analysts recently issued reports on the company. Zacks Investment Research cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th. Morgan Stanley raised their price objective on Mettler-Toledo International from $529.00 to $572.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 10th. UBS Group initiated coverage on Mettler-Toledo International in a research note on Tuesday, October 9th. They issued a “neutral” rating and a $625.00 target price on the stock. Finally, JPMorgan Chase & Co. raised their target price on Mettler-Toledo International from $550.00 to $600.00 and gave the company a “neutral” rating in a research note on Friday, July 27th. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $624.00.

In other Mettler-Toledo International news, Director Robert F. Spoerry sold 1,836 shares of the firm’s stock in a transaction on Monday, September 10th. The stock was sold at an average price of $600.00, for a total value of $1,101,600.00. Following the sale, the director now directly owns 7,423 shares in the company, valued at $4,453,800. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider La Guerroniere Marc De sold 740 shares of the firm’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of $600.00, for a total value of $444,000.00. Following the completion of the sale, the insider now owns 740 shares in the company, valued at $444,000. The disclosure for this sale can be found here. Insiders sold 14,858 shares of company stock worth $8,681,504 over the last quarter. 4.80% of the stock is currently owned by company insiders.

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About Mettler-Toledo International

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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Earnings History for Mettler-Toledo International (NYSE:MTD)

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