Mettler-Toledo International, I with ticker code (MTD) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 1700 and 1470 with the average target price sitting at $1553.45. Now with the previous closing price of $1459.75 this would imply there is now a potential upside of 6.4%. The 50 day moving average now sits at $1503.21 while the 200 day moving average is $1341.00. The company has a market capitalization of $32,698m. You can visit the company’s website by visiting: https://www.mt.com
The potential market cap would be $34,796m based on the market consensus.
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services in the United States 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, 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. Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems. The company’s retail weighing solutions consist of networked scales and software, stand-alone scales, and automated packaging and labelling solutions for handling fresh goods. It serves the life science industry, independent research organizations, and testing labs; food and beverage manufacturers; food retailers; chemical, specialty chemical, and cosmetics companies; food retailers; transportation and logistics, metals, and electronics industries; and the academic community through its direct sales force and indirect distribution channels. The company was incorporated in 1991 and is based in Columbus, Ohio.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 38.44, revenue per share of 174.27 and a 20.95% return on assets.
