Share on StockTwits

MTS Systems (NASDAQ:MTSC) CFO Susan E. Knight sold 22,803 shares of MTS Systems stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $68.13, for a total value of $1,553,568.39. Following the transaction, the chief financial officer now directly owns 19,340 shares in the company, valued at approximately $1,317,634. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of MTS Systems (NASDAQ:MTSC) traded up 1.62% on Friday, hitting $69.62. The stock had a trading volume of 84,802 shares. MTS Systems has a 52-week low of $56.87 and a 52-week high of $78.90. The stock’s 50-day moving average is $67.03 and its 200-day moving average is $68.09. The company has a market cap of $1.054 billion and a P/E ratio of 20.30.

MTS Systems (NASDAQ:MTSC) last released its earnings data on Monday, August 4th. The company reported $0.99 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.94 by $0.05. The company had revenue of $145.50 million for the quarter, compared to the consensus estimate of $148.63 million. During the same quarter last year, the company posted $0.72 earnings per share. MTS Systems’s revenue was up 7.7% compared to the same quarter last year. On average, analysts predict that MTS Systems will post $2.90 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 29th. Investors 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 1.72%. The ex-dividend date is Thursday, September 11th.

A number of analysts have recently weighed in on MTSC shares. Analysts at Needham & Company LLC cut their price target on shares of MTS Systems from $80.00 to $78.00 in a research note on Wednesday, August 6th. Two equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $35.18.

MTS Systems Corporation (NASDAQ:MTSC) is a global supplier of test systems and position sensors.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.