Olivier A. Filliol disposed of 374 Mettler-Toledo International Inc. (NYSE: MTD) stock on Friday, August 26th. The shares were sold for $491,454.70, equivalent to an average price of $1,314.05. As a direct result of the transaction, the director now possesses 30 shares of the company, each of which has a value of $39,421.50. The information regarding the transaction was revealed by the Securities and Exchange Commission, which may be viewed by following the link provided in the previous sentence. On Tuesday, the price of a share of MTD was $1,232.37 when trading began. The company’s 50-day simple moving average is $1,245.15, and its 200-day simple moving average is $1,291.62. The company is profitable and has a market value of $27.74 billion, a PE ratio of 34.72, a P/E/G ratio of 3.09, and a beta of 1.12. All of these metrics indicate that the company is doing well. During the previous year, Mettler-Toledo International Inc. experienced prices of $1,082.78 and $1,714.75, respectively, as low and high points. 1.18 is the value of the current ratio, 0.77 is the value of the quick ratio, and 250.82 is the value of the debt-to-equity ratio.
Mettler-Toledo International (NYSE: MTD) divulged its most recent quarterly earnings on July 29th, the day of its publication. The medical equipment maker reported quarterly earnings per share of $9.39, which was $0.61 better than the $8.78 that was expected on average by market analysts. The company’s sales for the quarter came in at $978.39 million, which was significantly higher than the $951.81 million that analysts had anticipated. Mettler-Toledo International achieved a return on equity of 799.34% and a net margin of 21.23% during the reported period. The annual growth rate of the company’s quarterly revenue was 5.8% higher than the previous year. During the same quarter the previous year, the company posted earnings of $8.10 per share. Industry experts anticipate that Mettler-Toledo International Inc. will generate 38.96 cents per share in the current financial year. Several analyst reports on MTD have been prepared. In a report published on Monday, August 1, Robert W. Baird upgraded Mettler-Toledo International from a “neutral” rating to a “outperform” rating. He boosted their price target on the stock from $1,369.00 to $1,406.00. On July 20th, UBS Group published a research note announcing it will begin covering shares of Mettler-Toledo International.
The stock has been assigned a ” neutral rating,” and the price target has been set at $1,237.00. TheStreet lowered the rating for Mettler-Toledo International from a “b” to a “c+” in a research report published on Thursday, July 28. In a research report released on Thursday, July 14th, The Goldman Sachs Group reduced Mettler-Toledo International from a “hold” rating to a “sell” rating. This was the last and most important of the downgrades. Research analysts have given the stock five buy ratings, with one sell rating, two hold ratings, and two recommendations to hold. According to the data provided by Bloomberg, the company is presently rated as having a “Hold” status and has an average price goal of $1,298.25. In recent months, several well-known investors have made adjustments to the interests that they hold in the company.
Norges Bank acquired a new stake in Mettler-Toledo International during the fourth quarter for a total cost of about 318 096 000 dollars. During the second quarter, FMR LLC increased the percentage of Mettler-Toledo International stock that is owned by 18.0%. After making an extra purchase of 120,718 shares during the quarter, FMR LLC now has 790,953 of the medical equipment provider’s shares, which are worth a combined total of $908,622,000. During the first three months of 2018, BlackRock Inc. increased its holdings in Mettler-Toledo International by 5.0 percent. After making an additional purchase of 100,381 shares during the period, BlackRock Inc. now has a total of 2,127,758 shares of the medical instruments supplier’s stock, which has an estimated market value of $2,921,815,000. In addition, SkyView Investment Advisors LLC increased its holdings in Mettler-Toledo International by 41,529.7% over the period covered by the fourth quarter report. SkyView Investment Advisors LLC is currently the owner of 88,255 shares of the medical equipment supplier’s stock after purchasing an additional 88,043 shares. The value of these shares, as of the present day, is $384,000. Finally, but certainly not least, Renaissance Technologies LLC increased its holdings in Mettler-Toledo International by a whopping 376.1% during the second quarter. After purchasing an additional 88,000 shares during the quarter, Renaissance Technologies LLC now holds a total of 111,400 shares of the medical equipment supplier’s stock, which is worth $127,973,000. Currently, hedge funds and other institutional investors hold 93.00% of the company’s shares. Mettler-Toledo International Inc. is a global manufacturer and provider of high-quality machinery and services. The company is divided into five distinct business segments: US Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, thermal analysis systems, and other analytical tools are all part of the company’s laboratory equipment. In addition, this package comes with LabX, a software platform for managing and analyzing data produced by the company’s devices.
