Mettler-Toledo International Inc. (NYSE:MTD) has been gaining attention from multiple major investment players.
SG Americas Securities LLC currently holds approximately $6.31 Million, while
Cwm LLC and
Mather Group LLC are increasing their holdings.
Shawn Vadala, CFO of the company, has sold 250 of his shares. Despite some underperformance compared to competitors, the company has also shown strong trading days. Their Q2 2024 earnings call reported that they beat expectations. Their stock price target was raised to $1,550.00, indicating high confidence from financial institutions. However, sales fell year-over-year. Some analysts have advised to consider buying the Mettler-Toledo stock. Despite alternating performance compared to competitors, the company offers substantial shareholder returns, outpacing the underlying earnings growth. The company's five-year total shareholder return was favorable at 82%. The company's Q1 earnings and revenue both surpassed estimates. However, there was a significant sales decline in Q4 2023, and Mettler-Toledo reportedly expects a dull third quarter in 2026 due to weak demand in China.
Brian Shepherd has joined the board of directors, adding to the leadership team.
Mettler-Toledo International MTD News Analytics from Tue, 04 Aug 2020 07:00:00 GMT to Sun, 11 Aug 2024 14:28:47 GMT -
Rating 3
- Innovation 2
- Information 8
- Rumor -5
