MTS Systems (NASDAQ:MTSC) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Saturday.

A number of other brokerages also recently issued reports on MTSC. B. Riley set a $70.00 price objective on MTS Systems and gave the stock a “buy” rating in a research report on Monday, November 27th. FBR & Co reiterated a “buy” rating on shares of MTS Systems in a report on Tuesday, October 10th. Finally, Zacks Investment Research upgraded MTS Systems from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. MTS Systems presently has a consensus rating of “Hold” and an average target price of $65.50.

Shares of MTS Systems (NASDAQ MTSC) traded up $0.35 on Friday, hitting $54.45. The stock had a trading volume of 62,900 shares, compared to its average volume of 59,211. MTS Systems has a 52 week low of $44.65 and a 52 week high of $59.00. The company has a quick ratio of 1.33, a current ratio of 1.85 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $968.89, a P/E ratio of 41.56, a price-to-earnings-growth ratio of 2.39 and a beta of 1.27.

MTS Systems (NASDAQ:MTSC) last issued its quarterly earnings data on Monday, November 27th. The scientific and technical instruments company reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.09. MTS Systems had a return on equity of 10.32% and a net margin of 3.18%. The company had revenue of $201.50 million during the quarter, compared to the consensus estimate of $195.24 million. During the same period last year, the company earned $0.55 earnings per share. The firm’s revenue was down 6.2% compared to the same quarter last year. research analysts predict that MTS Systems will post 2.28 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its holdings in MTS Systems by 4.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 114,606 shares of the scientific and technical instruments company’s stock worth $5,937,000 after purchasing an additional 4,862 shares in the last quarter. Northern Trust Corp increased its holdings in MTS Systems by 3.5% in the second quarter. Northern Trust Corp now owns 270,288 shares of the scientific and technical instruments company’s stock worth $14,000,000 after purchasing an additional 9,201 shares in the last quarter. Elk Creek Partners LLC increased its holdings in MTS Systems by 13.9% in the second quarter. Elk Creek Partners LLC now owns 153,787 shares of the scientific and technical instruments company’s stock worth $7,966,000 after purchasing an additional 18,735 shares in the last quarter. Nordea Investment Management AB increased its holdings in MTS Systems by 15.2% in the third quarter. Nordea Investment Management AB now owns 40,800 shares of the scientific and technical instruments company’s stock worth $2,181,000 after purchasing an additional 5,376 shares in the last quarter. Finally, Messner & Smith Theme Value Investment Management Ltd. CA bought a new stake in MTS Systems in the second quarter worth approximately $2,193,000. Institutional investors and hedge funds own 97.80% of the company’s stock.

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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.

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