Brokerages expect MTS Systems Co. (NASDAQ:MTSC) to report $193.40 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for MTS Systems’ earnings. The highest sales estimate is $199.20 million and the lowest is $188.59 million. MTS Systems posted sales of $199.28 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 3%. The company is scheduled to announce its next quarterly earnings results on Monday, April 9th.

According to Zacks, analysts expect that MTS Systems will report full-year sales of $193.40 million for the current fiscal year, with estimates ranging from $802.52 million to $813.60 million. For the next fiscal year, analysts forecast that the company will post sales of $841.32 million per share, with estimates ranging from $829.34 million to $850.40 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover MTS Systems.

MTS Systems (NASDAQ:MTSC) last released its quarterly earnings results on Monday, November 27th. The scientific and technical instruments company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. The firm had revenue of $201.50 million during the quarter, compared to analysts’ expectations of $195.24 million. MTS Systems had a net margin of 3.18% and a return on equity of 10.32%. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.55 EPS.

MTSC has been the subject of several research reports. B. Riley set a $70.00 price objective on shares of MTS Systems and gave the company a “buy” rating in a research report on Monday, November 27th. FBR & Co reissued a “buy” rating on shares of MTS Systems in a research report on Tuesday, October 10th. BidaskClub cut shares of MTS Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Finally, Zacks Investment Research raised shares of MTS Systems from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. MTS Systems currently has a consensus rating of “Hold” and a consensus price target of $65.50.

Several large investors have recently bought and sold shares of the company. Suntrust Banks Inc. raised its holdings in shares of MTS Systems by 6.1% in the 2nd quarter. Suntrust Banks Inc. now owns 8,473 shares of the scientific and technical instruments company’s stock valued at $437,000 after purchasing an additional 486 shares in the last quarter. Schroder Investment Management Group raised its holdings in shares of MTS Systems by 4.4% in the 2nd quarter. Schroder Investment Management Group now owns 14,818 shares of the scientific and technical instruments company’s stock valued at $768,000 after purchasing an additional 618 shares in the last quarter. Thrivent Financial For Lutherans raised its holdings in shares of MTS Systems by 7.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 10,160 shares of the scientific and technical instruments company’s stock valued at $526,000 after purchasing an additional 720 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of MTS Systems by 10.1% in the 2nd quarter. Voya Investment Management LLC now owns 7,939 shares of the scientific and technical instruments company’s stock valued at $411,000 after purchasing an additional 727 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of MTS Systems by 8.1% in the 2nd quarter. Victory Capital Management Inc. now owns 14,859 shares of the scientific and technical instruments company’s stock valued at $770,000 after purchasing an additional 1,110 shares in the last quarter. Institutional investors and hedge funds own 97.77% of the company’s stock.

Shares of MTS Systems (NASDAQ MTSC) opened at $54.45 on Monday. The stock has a market cap of $968.88, a PE ratio of 41.56, a price-to-earnings-growth ratio of 2.39 and a beta of 1.27. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.85 and a quick ratio of 1.33. MTS Systems has a 52-week low of $44.65 and a 52-week high of $59.00.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Monday, December 18th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.20%. MTS Systems’s dividend payout ratio is currently 91.60%.

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MTS Systems Company Profile

MTS Systems Corporation is a supplier of test systems and position sensors. The Company operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and services to ground vehicles, materials and structures markets. The Sensors segment provides position sensors for a range of industrial and mobile hydraulic applications.

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