MTD stock: buy or sell?
September 20th, 2019
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.
Should I buy MTD stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Mettler-Toledo International stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Mettler-Toledo International stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 6 ratings published for MTD stock in the last 30 days. The general sentiment of these ratings is bearish for MTD stock, with 3 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-16||Bank of America||Neutral||Neutral|
|2019-1-3||Bank of America||Buy||Neutral|
MTD stock analysis
Mettler-Toledo International stayed stable a tight -0.13% and closed at $709.18.
Mettler-Toledo International shares stayed stable -0.13% to $709.18 today. Since price and SMA200d lines crossed up on Sep 10th, MTD climbed $29.62 (4.36%). MTD is retaking the upward trend marking a new rising bottom heading to break out over $726.67. On July, MTD hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers.
Shares of Mettler-Toledo International declined an ugly -0.54% this week. By mid August MTD plummed a chilling -5.58% in just one week.
Mettler-Toledo International is in a clear downtrend, marking consecutive declining tops and bottoms. Now is trading in between the - range. If the support holds the price, this might mark a double bottom pattern and create a flat-base to reverse this downtrend. Not so far away is the last price record Mettler-Toledo International marked early July, but since then it dropped a 18.81%. Since price and SMA40w lines crossed up last week, MTD climbed $24.20 (3.53%). Since mid November 2018 when SMA20w and SMA40w crossed up, MTD price gained $101.15 per share (16.64%).
MTD stock price history
MTD stock went public on November 14th, 1997 with a price of $14.061. Since then, MTD stock surged a 4,944.00%, with a yearly average of 235.40%. If you had invested $1,000 in MTD stock in 1997, it would worth $49,440.00 today.
1: Adjusted price after possible price splits or reverse-splits.
MTD stock historical price chart
MTD stock reached all-time highs on July with a price of $873.51.
MTD stock price target is $731.70Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We found 3 price targets for MTD stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-16||Bank of America||Reiterates||$725.00||$755.00||4.1%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Mettler-Toledo International matched the estimates of the analysts and reported an EPS of $6.85 per share. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Mettler-Toledo International annual turnover rose a very good 7.73% to $2,935.59 M USD from $2,725.05 marked in 2017. When comparing 2018 vs 2017, slightly worse, profit margin (that is, the net income divided by revenues) appreciated a 3.67% to 17.46%.
|2013||$2,380 M||-||$306 M12.9%||-|
|2014||$2,486 M||4.45%||$338 M13.6%||10.50%|
|2015||$2,395 M||-3.64%||$353 M14.7%||4.31%|
|2016||$2,508 M||4.71%||$384 M15.3%||8.94%|
|2017||$2,725 M||8.64%||$376 M13.8%||-2.18%|
|2018||$2,936 M||7.73%||$513 M17.5%||36.34%|
Quarterly financial resultsMettler-Toledo International posted $817.92 M in sales for 2018-Q4, a 11.31% up compared to previous quarter. Reported quarter earnings marked $181.19 M with a profit margin of 22.15%. Profit margin grew a 4.92% compared to previous quarter when profit margin was 17.24%. When comparing sales to same quarter last year, Mettler-Toledo International sales marked a nice increase and escalated a 5.13%. Looking back to recent quarterly results, Mettler-Toledo International posted 3 negative quarters in a row.
|2017-Q1||$595 M||-||$92 M15.6%||-|
|2017-Q2||$654 M||9.94%||$102 M15.5%||9.85%|
|2017-Q3||$699 M||6.91%||$105 M15.0%||3.32%|
|2017-Q4||$778 M||11.34%||$77 M9.9%||-26.65%|
|2018-Q1||$661 M||-15.06%||$93 M14.1%||21.21%|
|2018-Q2||$722 M||9.26%||$111 M15.4%||19.47%|
|2018-Q3||$735 M||1.78%||$127 M17.2%||13.62%|
|2018-Q4||$818 M||11.31%||$181 M22.2%||43.06%|
Mettler-Toledo International ownershipWhen you are planning to invest in a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Mettler-Toledo International, 2.30% of all outstanding shares are owned by its staff.
Bearish positions for MTD stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$17.5 B||$8.4 B||$11.2 M||$6.7 B||$105.0 B|
|Total shares||24.6 M||24.7 M||4.7 M||154.7 M||717.4 M|
|Float shares||24.2 M||21.3 M||1.2 M||101.8 M||636.3 M|
|- Institutional holdings (%)||98.5%||78.0%||4.2%||68.7%||79.9%|
|- Insider holdings (%)||2.3%||14.6%||73.4%||34.4%||11.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$708.73 - $716.27|
|Average true range||$14.52|
|50d mov avg||$718.53|
|100d mov avg||$748.97|
|200d mov avg||$701.74|
Mettler-Toledo International performanceTo better understand Mettler-Toledo International performance you must becnhmark its gains with other related stocks in same sector or industry. We picked Bio-Rad Laboratories, Bonso Electronics International, Bruker, Danaher, Harvard Bioscience, PerkinElmer, Thermo Fisher Scientific, Waters and Xylem as the bechmarking frame for Mettler-Toledo International stock.
|TMOThermo Fisher Sci...||0.70%||12.47%||22.04%|