Brokerages predict that Mettler-Toledo International Inc. (NYSE:MTD) will announce earnings per share (EPS) of $4.06 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Mettler-Toledo International’s earnings. The lowest EPS estimate is $4.03 and the highest is $4.15. Mettler-Toledo International posted earnings of $3.74 per share in the same quarter last year, which would indicate a positive year over year growth rate of 8.6%. The business is scheduled to report its next earnings report on Thursday, May 2nd.

On average, analysts expect that Mettler-Toledo International will report full-year earnings of $22.67 per share for the current financial year, with EPS estimates ranging from $22.60 to $22.90. For the next year, analysts expect that the firm will report earnings of $25.22 per share, with EPS estimates ranging from $24.90 to $25.80. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Mettler-Toledo International.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, February 7th. The medical instruments supplier reported $6.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $6.74 by $0.11. Mettler-Toledo International had a net margin of 17.46% and a return on equity of 94.57%. The business had revenue of $817.92 million for the quarter, compared to analyst estimates of $807.58 million. During the same quarter in the previous year, the business earned $5.97 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year.

MTD has been the topic of several research reports. Bank of America reiterated a “neutral” rating and issued a $755.00 price objective (up previously from $725.00) on shares of Mettler-Toledo International in a research note on Tuesday. Zacks Investment Research upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $742.00 price target on the stock in a research note on Tuesday, February 12th. ValuEngine raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Thursday, January 24th. Finally, Evercore ISI downgraded shares of Mettler-Toledo International from an “in-line” rating to an “underperform” rating in a report on Thursday, January 3rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $650.67.

Shares of MTD stock traded up $13.51 during trading hours on Thursday, reaching $728.73. 135,737 shares of the stock traded hands, compared to its average volume of 133,167. Mettler-Toledo International has a 1-year low of $500.74 and a 1-year high of $750.00. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.42 and a quick ratio of 1.06. The firm has a market capitalization of $17.76 billion, a P/E ratio of 35.86, a P/E/G ratio of 2.64 and a beta of 1.35.

In other Mettler-Toledo International news, insider Christian Magloth sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $666.91, for a total value of $1,000,365.00. Following the completion of the sale, the insider now owns 850 shares in the company, valued at approximately $566,873.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert F. Spoerry sold 35,000 shares of the firm’s stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $672.50, for a total transaction of $23,537,500.00. Following the completion of the transaction, the director now directly owns 5,894 shares in the company, valued at approximately $3,963,715. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 150,995 shares of company stock valued at $100,997,450. 3.50% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Quadrant Private Wealth Management LLC boosted its stake in shares of Mettler-Toledo International by 4.5% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 399 shares of the medical instruments supplier’s stock valued at $226,000 after purchasing an additional 17 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Mettler-Toledo International by 1.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,108 shares of the medical instruments supplier’s stock valued at $627,000 after purchasing an additional 19 shares during the last quarter. Wetherby Asset Management Inc. boosted its stake in shares of Mettler-Toledo International by 2.8% in the 4th quarter. Wetherby Asset Management Inc. now owns 891 shares of the medical instruments supplier’s stock valued at $504,000 after purchasing an additional 24 shares during the last quarter. Moody National Bank Trust Division boosted its stake in shares of Mettler-Toledo International by 19.8% in the 1st quarter. Moody National Bank Trust Division now owns 145 shares of the medical instruments supplier’s stock valued at $105,000 after purchasing an additional 24 shares during the last quarter. Finally, First Personal Financial Services boosted its stake in shares of Mettler-Toledo International by 38.2% in the 4th quarter. First Personal Financial Services now owns 94 shares of the medical instruments supplier’s stock valued at $53,000 after purchasing an additional 26 shares during the last quarter. 95.69% of the stock is currently owned by institutional investors.

Mettler-Toledo International Company Profile

Mettler-Toledo International Inc manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; metal detection and other end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries; and solutions that are used in various process analytics applications.

Further Reading: Do Tariffs Work?

Get a free copy of the Zacks research report on Mettler-Toledo International (MTD)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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