Mettler-Toledo International Inc. (MTD) is set to host their fourth quarter 2024 earnings conference, with the stock recently underperforming compared to competitors.
Nordea Investment Management AB has increased holdings, while the stock has granted investors a 51% return over the past five years. The precision instruments giant will also make a presentation at the
J.P. Morgan Healthcare Conference, following a Q3 earnings beat that witnessed a 4% EPS jump to $10.21 and strong growth projections. Several investment stakes are noted, from
Pensionfund Sabic's $1.41 million and
Everence Capital Management Inc's $673,000 stakes. Notably, Evercore ISI upgraded Mettler-Toledo to outperform. Despite shares falling after Q3 earnings, strong demand for its lab instruments has propelled Q3 earnings above estimates, with an EPS at $9.96. However, the company faced sales decline and EPS drop in Q4 2023. Despite a 27% decrease this year, potential recovery is speculated. Director
Elisha Finney stirred the waters with an insider sale, while the recent appointment of
Brian Shepherd and
Wolfgang Wienand to the board of directors further fleshes out the leadership structure.
Mettler-Toledo International MTD News Analytics from Mon, 20 Feb 2017 08:00:00 GMT to Fri, 10 Jan 2025 21:30:00 GMT -
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