Mettler-Toledo International (MTD) Scheduled to Post Quarterly Earnings on Wednesday
Mettler-Toledo International (NYSE:MTD) is scheduled to be announcing its earnings results on Wednesday, February 5th. Mettler-Toledo International has set its Q4 guidance at $3.70-3.75 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Thursday, November 7th. The company reported $2.60 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.59 by $0.01. The company had revenue of $591.70 million for the quarter, compared to the consensus estimate of $591.76 million. During the same quarter last year, the company posted $2.40 earnings per share. Mettler-Toledo International’s revenue was up 2.3% compared to the same quarter last year. On average, analysts expect Mettler-Toledo International to post $10.51 EPS for the current fiscal year and $11.55 EPS for the next fiscal year.
Mettler-Toledo International (NYSE:MTD) opened at 234.71 on Tuesday. Mettler-Toledo International has a 52-week low of $196.00 and a 52-week high of $256.98. The stock has a 50-day moving average of $246.4 and a 200-day moving average of $238.6. The company has a market cap of $6.968 billion and a price-to-earnings ratio of 25.37.
A number of research firms have recently commented on MTD. Analysts at Ned Davis Research upgraded shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 23rd. On a related note, analysts at UBS AG raised their price target on shares of Mettler-Toledo International from $225.00 to $245.00 in a research note to investors on Friday, November 8th. They now have a “neutral” rating on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Mettler-Toledo International from $252.00 to $266.00 in a research note to investors on Friday, November 8th. They now have a “buy” rating on the stock. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Mettler-Toledo International has an average rating of “Hold” and an average target price of $246.67.
Mettler-Toledo International Inc is a global supplier of precision instruments and services. The Company is a provider of weighing instruments for use in laboratory, industrial and food retailing applications.
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