MTS Systems (MTSC) Set to Announce Earnings on Monday
MTS Systems (NASDAQ:MTSC) will be posting its Q314 quarterly earnings results on Monday, August 4th. Analysts expect MTS Systems to post earnings of $0.94 per share and revenue of $148.63 million for the quarter.
MTS Systems (NASDAQ:MTSC) opened at 66.00 on Friday. MTS Systems has a 52 week low of $56.72 and a 52 week high of $78.90. The stock’s 50-day moving average is $66.93 and its 200-day moving average is $68.44. The company has a market cap of $999.2 million and a P/E ratio of 21.07.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 29th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Thursday, September 11th.
On the ratings front, analysts at Needham & Company LLC initiated coverage on shares of MTS Systems in a research note on Monday, July 14th. They set a “buy” rating and a $80.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $43.34.
MTS Systems Corporation (NASDAQ:MTSC) is a global supplier of test systems and position sensors.
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