Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Mettler-Toledo International (NYSE:MTD) Share Price

News stories about Mettler-Toledo International (NYSE:MTD) have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mettler-Toledo International earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the medical instruments supplier an impact score of 46.7095755701594 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

Several research analysts have commented on MTD shares. Morgan Stanley lifted their price target on Mettler-Toledo International from $535.00 to $545.00 and gave the stock an “equal weight” rating in a research report on Friday, November 3rd. Robert W. Baird lifted their price target on Mettler-Toledo International from $605.00 to $675.00 and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Jefferies Group reaffirmed a “hold” rating and set a $600.00 price target on shares of Mettler-Toledo International in a research report on Friday, October 20th. Barclays initiated coverage on Mettler-Toledo International in a report on Thursday, January 4th. They issued an “equal weight” rating and a $625.00 target price on the stock. Finally, Evercore ISI began coverage on Mettler-Toledo International in a report on Wednesday, January 3rd. They issued an “in-line” rating and a $625.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Mettler-Toledo International presently has a consensus rating of “Buy” and an average target price of $651.44.

Mettler-Toledo International (NYSE:MTD) traded down $0.63 on Friday, reaching $600.37. The company’s stock had a trading volume of 412,801 shares, compared to its average volume of 173,829. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.51. The stock has a market capitalization of $15,360.00, a P/E ratio of 42.16, a price-to-earnings-growth ratio of 2.40 and a beta of 1.08. Mettler-Toledo International has a one year low of $460.00 and a one year high of $697.26.

Mettler-Toledo International (NYSE:MTD) last posted its earnings results on Thursday, February 8th. The medical instruments supplier reported $5.97 EPS for the quarter, topping the Zacks’ consensus estimate of $5.93 by $0.04. The company had revenue of $778.03 million for the quarter, compared to the consensus estimate of $764.26 million. Mettler-Toledo International had a return on equity of 98.33% and a net margin of 13.80%. Mettler-Toledo International’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business earned $5.28 earnings per share. equities analysts anticipate that Mettler-Toledo International will post 20.1 EPS for the current fiscal year.

In other Mettler-Toledo International news, CFO Shawn Vadala sold 226 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $629.36, for a total transaction of $142,235.36. Following the transaction, the chief financial officer now owns 5,299 shares of the company’s stock, valued at approximately $3,334,978.64. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Thomas Caratsch sold 1,333 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $634.44, for a total value of $845,708.52. Following the completion of the sale, the insider now directly owns 1,270 shares in the company, valued at approximately $805,738.80. The disclosure for this sale can be found here. Insiders sold 36,585 shares of company stock valued at $23,083,195 in the last three months. 5.20% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Mettler-Toledo International (NYSE:MTD)

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