Shares of Mettler-Toledo International Inc. (NYSE:MTD) hit a new 52-week high on Wednesday . The stock traded as high as $744.60 and last traded at $743.90, with a volume of 6610 shares changing hands. The stock had previously closed at $733.99.

Several analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Mettler-Toledo International from a “hold” rating to a “sell” rating in a research report on Tuesday, January 15th. Evercore ISI cut Mettler-Toledo International from an “in-line” rating to an “underperform” rating in a report on Thursday, January 3rd. ValuEngine cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Friday, January 4th. Finally, Bank of America cut Mettler-Toledo International from a “buy” rating to a “neutral” rating and set a $546.04 price objective on the stock. in a report on Thursday, January 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Mettler-Toledo International currently has a consensus rating of “Hold” and an average target price of $615.84.

The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 1.67. The stock has a market capitalization of $18.25 billion, a PE ratio of 36.64, a P/E/G ratio of 2.61 and a beta of 1.35.

Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, February 7th. The medical instruments supplier reported $6.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.74 by $0.11. Mettler-Toledo International had a return on equity of 94.57% and a net margin of 17.46%. The business had revenue of $817.92 million for the quarter, compared to analyst estimates of $807.58 million. During the same period last year, the company earned $5.97 EPS. Mettler-Toledo International’s revenue for the quarter was up 5.1% compared to the same quarter last year. Equities analysts forecast that Mettler-Toledo International Inc. will post 22.66 EPS for the current year.

In other Mettler-Toledo International news, Director Wah-Hui Chu sold 1,000 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $692.50, for a total transaction of $692,500.00. Following the completion of the transaction, the director now directly owns 3,854 shares of the company’s stock, valued at approximately $2,668,895. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Gerry Keller sold 250 shares of the firm’s stock in a transaction dated Monday, February 11th. The stock was sold at an average price of $664.50, for a total transaction of $166,125.00. Following the completion of the transaction, the insider now owns 404 shares in the company, valued at $268,458. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 150,995 shares of company stock valued at $100,997,450. Company insiders own 3.50% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Lindbrook Capital LLC bought a new stake in shares of Mettler-Toledo International during the 4th quarter worth about $27,000. Executive Wealth Management LLC purchased a new position in shares of Mettler-Toledo International in the fourth quarter worth approximately $33,000. CWM LLC increased its position in shares of Mettler-Toledo International by 108.9% in the fourth quarter. CWM LLC now owns 94 shares of the medical instruments supplier’s stock worth $53,000 after acquiring an additional 49 shares in the last quarter. First Personal Financial Services increased its position in shares of Mettler-Toledo International by 38.2% in the fourth quarter. First Personal Financial Services now owns 94 shares of the medical instruments supplier’s stock worth $53,000 after acquiring an additional 26 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Mettler-Toledo International by 36.6% in the fourth quarter. Van ECK Associates Corp now owns 97 shares of the medical instruments supplier’s stock worth $55,000 after acquiring an additional 26 shares in the last quarter. Institutional investors own 95.69% of the company’s stock.

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Mettler-Toledo International Company Profile (NYSE:MTD)

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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