Mettler-Toledo International (NYSE:MTD – Get Free Report) announced its quarterly earnings results on Thursday. The medical instruments supplier reported $12.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $11.76 by $0.65, Zacks reports. Mettler-Toledo International had a net margin of 21.15% and a negative return on equity of 531.78%. Mettler-Toledo International updated its FY 2025 guidance to 42.350-43.000 EPS and its Q1 2025 guidance to 7.750-7.950 EPS.
Mettler-Toledo International Price Performance
Shares of MTD traded down $6.78 during mid-day trading on Thursday, hitting $1,356.78. The stock had a trading volume of 142,553 shares, compared to its average volume of 118,636. The firm has a market cap of $28.63 billion, a P/E ratio of 36.58, a PEG ratio of 4.83 and a beta of 1.13. The business has a fifty day moving average price of $1,273.86 and a 200-day moving average price of $1,343.14. Mettler-Toledo International has a 52 week low of $1,133.46 and a 52 week high of $1,546.93.
Insider Activity
In other Mettler-Toledo International news, Director Elisha W. Finney sold 76 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $1,311.75, for a total value of $99,693.00. Following the completion of the transaction, the director now owns 240 shares of the company’s stock, valued at $314,820. The trade was a 24.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gerry Keller sold 140 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $1,254.09, for a total value of $175,572.60. Following the sale, the insider now owns 6 shares in the company, valued at $7,524.54. The trade was a 95.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.94% of the company’s stock.
Analyst Ratings Changes
A number of analysts have weighed in on MTD shares. Wolfe Research assumed coverage on shares of Mettler-Toledo International in a research report on Friday, December 13th. They set a “peer perform” rating for the company. Stifel Nicolaus decreased their price objective on shares of Mettler-Toledo International from $1,550.00 to $1,450.00 and set a “buy” rating for the company in a research report on Monday, November 11th. Evercore ISI upgraded shares of Mettler-Toledo International from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $1,375.00 to $1,450.00 in a report on Thursday, January 2nd. Citigroup upgraded Mettler-Toledo International from a “sell” rating to a “neutral” rating and increased their price target for the stock from $1,200.00 to $1,300.00 in a report on Wednesday, December 11th. Finally, Robert W. Baird dropped their price objective on Mettler-Toledo International from $1,375.00 to $1,310.00 and set a “neutral” rating on the stock in a research note on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Mettler-Toledo International has an average rating of “Hold” and a consensus target price of $1,351.25.
Read Our Latest Analysis on Mettler-Toledo International
About Mettler-Toledo International
Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.
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