Mettler-Toledo International (NYSE:MTD) is set to post its quarterly earnings results after the market closes on Wednesday, January 31st. Mettler-Toledo International has set its Q4 guidance at $5.90 EPS and its FY18 guidance at $19.65-19.85 EPS.
Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 EPS for the quarter, topping the Zacks’ consensus estimate of $4.32 by $0.04. Mettler-Toledo International had a net margin of 16.44% and a return on equity of 96.81%. The business had revenue of $698.80 million during the quarter, compared to analysts’ expectations of $685.56 million. During the same quarter in the previous year, the company earned $3.89 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. On average, analysts expect Mettler-Toledo International to post $18 EPS for the current fiscal year and $20 EPS for the next fiscal year.
Mettler-Toledo International (NYSE MTD) opened at $667.15 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.51 and a debt-to-equity ratio of 2.05. Mettler-Toledo International has a 12 month low of $410.06 and a 12 month high of $694.48. The company has a market cap of $17,070.00, a P/E ratio of 40.48, a price-to-earnings-growth ratio of 2.68 and a beta of 1.09.
A number of equities analysts have commented on the stock. Zacks Investment Research cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Goldman Sachs Group restated a “buy” rating and issued a $690.00 price objective on shares of Mettler-Toledo International in a report on Tuesday, September 26th. Evercore ISI began coverage on shares of Mettler-Toledo International in a report on Wednesday, January 3rd. They issued an “in-line” rating and a $625.00 price objective for the company. Barclays began coverage on shares of Mettler-Toledo International in a report on Thursday, January 4th. They issued an “equal weight” rating and a $625.00 price objective for the company. Finally, Morgan Stanley restated an “equal weight” rating and issued a $535.00 price objective (down from $565.00) on shares of Mettler-Toledo International in a report on Friday, October 6th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $647.63.
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About Mettler-Toledo International
Mettler-Toledo International Inc is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics and food retailing applications.
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