Wall Street analysts expect Mettler-Toledo International Inc. (NYSE:MTD) to announce earnings per share (EPS) of $4.05 for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Mettler-Toledo International’s earnings, with the lowest EPS estimate coming in at $4.02 and the highest estimate coming in at $4.08. Mettler-Toledo International reported earnings per share of $3.74 during the same quarter last year, which suggests a positive year-over-year growth rate of 8.3%. The business is expected to issue its next quarterly earnings results on Thursday, May 2nd.

According to Zacks, analysts expect that Mettler-Toledo International will report full-year earnings of $22.63 per share for the current fiscal year, with EPS estimates ranging from $22.49 to $22.80. For the next fiscal year, analysts forecast that the firm will report earnings of $25.18 per share, with EPS estimates ranging from $24.90 to $25.40. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Mettler-Toledo International.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings results on Thursday, February 7th. The medical instruments supplier reported $6.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $6.74 by $0.11. The business had revenue of $817.92 million during the quarter, compared to analysts’ expectations of $807.58 million. Mettler-Toledo International had a net margin of 17.46% and a return on equity of 94.57%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.97 EPS.

MTD has been the subject of several research reports. Bank of America lowered 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 report on Thursday, January 3rd. Evercore ISI lowered shares of Mettler-Toledo International from an “in-line” rating to an “underperform” rating in a report on Thursday, January 3rd. ValuEngine lowered shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Finally, Zacks Investment Research lowered shares of Mettler-Toledo International from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $615.84.

MTD traded up $5.95 during trading on Friday, hitting $668.86. 168,252 shares of the stock traded hands, compared to its average volume of 144,087. The stock has a market capitalization of $16.58 billion, a P/E ratio of 32.92, a PEG ratio of 2.28 and a beta of 1.30. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 1.67. Mettler-Toledo International has a 12-month low of $500.74 and a 12-month high of $674.05.

In related news, insider Christian Magloth sold 1,500 shares of the stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $666.91, for a total value of $1,000,365.00. Following the completion of the transaction, the insider now directly owns 850 shares in the company, valued at approximately $566,873.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William P. Donnelly sold 2,500 shares of the stock in a transaction dated Monday, November 19th. The stock was sold at an average price of $598.20, for a total transaction of $1,495,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,841 shares of company stock valued at $51,237,085. 4.80% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of MTD. WCM Investment Management CA increased its stake in shares of Mettler-Toledo International by 55.6% in the 3rd quarter. WCM Investment Management CA now owns 1,417,856 shares of the medical instruments supplier’s stock worth $863,447,000 after acquiring an additional 506,729 shares in the last quarter. Barclays PLC increased its stake in shares of Mettler-Toledo International by 214.4% in the 4th quarter. Barclays PLC now owns 139,279 shares of the medical instruments supplier’s stock worth $78,775,000 after acquiring an additional 94,981 shares in the last quarter. WCM Investment Management LLC increased its stake in shares of Mettler-Toledo International by 5.6% in the 4th quarter. WCM Investment Management LLC now owns 1,497,423 shares of the medical instruments supplier’s stock worth $846,912,000 after acquiring an additional 79,567 shares in the last quarter. Credit Suisse AG increased its stake in shares of Mettler-Toledo International by 22.6% in the 3rd quarter. Credit Suisse AG now owns 303,768 shares of the medical instruments supplier’s stock worth $184,990,000 after acquiring an additional 55,979 shares in the last quarter. Finally, Putnam Investments LLC increased its stake in shares of Mettler-Toledo International by 27.0% in the 3rd quarter. Putnam Investments LLC now owns 236,651 shares of the medical instruments supplier’s stock worth $144,116,000 after acquiring an additional 50,261 shares in the last quarter. Institutional investors own 93.75% of the company’s stock.

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.

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