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Mettler-Toledo International (NYSE:MTD) Director George M. Milne, Jr. sold 3,000 shares of Mettler-Toledo International stock on the open market in a transaction dated Monday, August 11th. The shares were sold at an average price of $260.89, for a total transaction of $782,670.00. Following the completion of the transaction, the director now directly owns 4,720 shares of the company’s stock, valued at approximately $1,231,401. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Mettler-Toledo International (NYSE:MTD) traded down 0.39% on Tuesday, hitting $258.81. The stock had a trading volume of 37,010 shares. Mettler-Toledo International has a 1-year low of $217.82 and a 1-year high of $267.22. The stock’s 50-day moving average is $255.4 and its 200-day moving average is $244.7. The company has a market cap of $7.476 billion and a P/E ratio of 24.81.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Thursday, July 24th. The company reported $2.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.57. The company had revenue of $608.80 million for the quarter, compared to the consensus estimate of $601.17 million. During the same quarter in the previous year, the company posted $2.35 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, analysts predict that Mettler-Toledo International will post $11.59 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on MTD shares. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Mettler-Toledo International in a research note on Monday, July 28th. They now have a $280.00 price target on the stock, up previously from $270.00. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mettler-Toledo International in a research note on Friday, July 25th. They now have a $275.00 price target on the stock, up previously from $240.00. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Mettler-Toledo International in a research note on Friday, July 25th. They now have a $250.00 price target on the stock, up previously from $235.00. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $262.29.

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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