MTS Systems Co. Announces Quarterly Dividend of $0.30 (MTSC)

MTS Systems Co. (NASDAQ:MTSC) announced a quarterly dividend on Monday, February 12th, RTT News reports. Shareholders of record on Monday, March 19th will be paid a dividend of 0.30 per share by the scientific and technical instruments company on Monday, April 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 2.56%.

Shares of MTS Systems (NASDAQ MTSC) traded up $0.75 on Monday, reaching $46.95. 75,600 shares of the company’s stock were exchanged, compared to its average volume of 72,076. The company has a quick ratio of 1.20, a current ratio of 1.71 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $834.77, a PE ratio of 15.97, a P/E/G ratio of 1.98 and a beta of 1.12. MTS Systems has a twelve month low of $44.65 and a twelve month high of $57.50.

MTS Systems (NASDAQ:MTSC) last issued its quarterly earnings results on Monday, February 5th. The scientific and technical instruments company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). The firm had revenue of $194.20 million for the quarter, compared to the consensus estimate of $196.23 million. MTS Systems had a net margin of 7.22% and a return on equity of 9.33%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. research analysts forecast that MTS Systems will post 2.38 EPS for the current fiscal year.

A number of analysts have commented on MTSC shares. B. Riley set a $70.00 price target on shares of MTS Systems and gave the company a “buy” rating in a research report on Tuesday, February 6th. Zacks Investment Research cut shares of MTS Systems from a “hold” rating to a “sell” rating in a research report on Thursday, January 18th. Finally, BidaskClub cut shares of MTS Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $62.00.

COPYRIGHT VIOLATION WARNING: This report was originally published by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The original version of this report can be accessed at

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.

Dividend History for MTS Systems (NASDAQ:MTSC)

Receive News & Ratings for MTS Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTS Systems and related companies with's FREE daily email newsletter.

Leave a Reply