For its first fiscal quarter (ending March 31), Mettler-Toledo International Inc (NYSE: MTD) has reported a -3% decline in E.P.S. from $8.53 a year ago to $8.28 in the current quarter. This performance was $-0.75 short of the consensus estimate of $9.03. E.P.S. were $35.85 for the latest four quarters through March 31 versus $39.74 for the same period a year ago — a decline of -10%.
Recent Price Action
On 5/9/24, Mettler-Toledo International Inc (NYSE: MTD) stock enjoyed a large increase of 3.0%, closing at $1290.42. Moreover, above average trading volume at 135% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.3% during the last week.
Current PriceTarget Research Rating
MTD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Mettler-Toledo International is currently unrated.
Rating Review
The stock is currently unrated.
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