Mettler-Toledo International (NYSE:MTD – Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 11.630-11.780 for the period, compared to the consensus estimate of 11.860. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Mettler-Toledo International also updated its FY 2024 guidance to 40.350-40.500 EPS.
Mettler-Toledo International Price Performance
MTD stock traded down $101.49 on Friday, reaching $1,310.03. 254,186 shares of the company were exchanged, compared to its average volume of 119,785. The firm has a market capitalization of $27.80 billion, a PE ratio of 36.05, a PEG ratio of 4.09 and a beta of 1.16. Mettler-Toledo International has a 12 month low of $953.28 and a 12 month high of $1,546.93. The stock’s fifty day moving average price is $1,398.01 and its 200 day moving average price is $1,401.35.
Mettler-Toledo International (NYSE:MTD – Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The medical instruments supplier reported $10.21 EPS for the quarter, beating analysts’ consensus estimates of $10.00 by $0.21. Mettler-Toledo International had a net margin of 20.95% and a negative return on equity of 575.61%. The business had revenue of $954.54 million during the quarter, compared to analyst estimates of $941.93 million. As a group, research analysts expect that Mettler-Toledo International will post 40.34 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on Mettler-Toledo International
Insider Buying and Selling
In other Mettler-Toledo International news, insider Christian Magloth sold 1,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $1,422.97, for a total transaction of $1,422,970.00. Following the sale, the insider now owns 734 shares of the company’s stock, valued at $1,044,459.98. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.94% of the stock is owned by corporate insiders.
Mettler-Toledo International Company Profile
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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