MTS Systems (MTSC) to Release Quarterly Earnings on Monday
MTS Systems (NASDAQ:MTSC) is scheduled to announce its Q214 earnings results on Monday, May 5th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $138.50 million for the quarter.
Shares of MTS Systems (NASDAQ:MTSC) opened at 65.57 on Friday. MTS Systems has a 52 week low of $53.80 and a 52 week high of $78.90. The stock’s 50-day moving average is $67.49 and its 200-day moving average is $68.37. The company has a market cap of $1.002 billion and a P/E ratio of 19.16.
A number of research firms have recently commented on MTSC. Analysts at Credit Suisse cut their price target on shares of MTS Systems from $19.00 to $17.00 in a research note on Thursday, April 3rd. Analysts at Deutsche Bank cut their price target on shares of MTS Systems from $22.00 to $19.70 in a research note on Friday, March 28th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $34.18.
MTS Systems Corporation (NASDAQ:MTSC) is a global supplier of test systems and position sensors.
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