Mettler-Toledo International CEO Oliver A. Filliol Unloads 10,000 Shares (MTD)
Mettler-Toledo International (NYSE:MTD) CEO Oliver A. Filliol unloaded 10,000 shares of the company’s stock on the open market in a transaction dated Thursday, February 13th. The shares were sold at an average price of $251.86, for a total value of $2,518,600.00. Following the sale, the chief executive officer now directly owns 16,279 shares of the company’s stock, valued at approximately $4,100,029. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Wells Fargo & Co. initiated coverage on shares of Mettler-Toledo International in a research note on Tuesday, February 11th. They set a “market perform” rating on the stock. Separately, analysts at UBS AG upgraded shares of Mettler-Toledo International from a “neutral” rating to a “buy” rating in a research note on Thursday, February 6th. They now have a $263.00 price target on the stock, up previously from $245.00. Finally, analysts at ISI Group raised their price target on shares of Mettler-Toledo International from $243.00 to $253.00 in a research note on Thursday, February 6th. They now have a “neutral” rating on the stock. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $251.83.
Shares of Mettler-Toledo International (NYSE:MTD) traded down 0.80% during mid-day trading on Tuesday, hitting $247.655. 182,869 shares of the company’s stock traded hands. Mettler-Toledo International has a one year low of $196.00 and a one year high of $258.31. The stock’s 50-day moving average is $248. and its 200-day moving average is $240.. The company has a market cap of $7.278 billion and a price-to-earnings ratio of 25.06.
Mettler-Toledo International (NYSE:MTD) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.74 by $0.08. The company had revenue of $684.30 million for the quarter, compared to the consensus estimate of $673.49 million. During the same quarter in the previous year, the company posted $3.47 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Analysts expect that Mettler-Toledo International will post $11.60 EPS for the current fiscal year.
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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