MTD stock: buy or sell?

MTD stock price: $709.18 -0.13% At close on September 20th, 2019

Updated on:
September 20th, 2019

0

Mettler-Toledo International shares stayed steady -0.13% to $709.18 today.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is MTD a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-23UBS GroupSellNeutral
2019-7-23UBS GroupNeutralSell
2019-7-15BarclaysEqual WeightUnderweight
2019-4-16Bank of AmericaNeutralNeutral
2019-1-3Evercore ISIn/aUnderperform
2019-1-3Bank of AmericaBuyNeutral

MTD stock analysis

Daily outlook

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.

MTD stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $731.70

Nobody 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:
MTD stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-23UBS GroupUpgrades$660.00$760.0015.2%
2019-7-15BarclaysDowngradesn/a$680.00-
2019-4-16Bank of AmericaReiterates$725.00$755.004.1%
(in average)$692.50$731.706.0%
Moving in a range from $760.00 and $680.00, the price forecast for MTD stock is $731.70. In average, analysts' outlook on MTD price forecast is positive, improving the prediction by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
MTD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a3.52n/a
2017-Q2-n/a3.96n/a
2017-Q32017-11-024.334.360.7%
2017-Q42018-02-085.935.970.7%
2018-Q12018-05-033.763.74-0.5%
2018-Q22018-07-264.584.651.5%
2018-Q32018-11-084.995.122.6%
2018-Q42019-02-076.746.851.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%.

MTD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,380 M-$306 M12.9%-
2014$2,486 M4.45%$338 M13.6%10.50%
2015$2,395 M-3.64%$353 M14.7%4.31%
2016$2,508 M4.71%$384 M15.3%8.94%
2017$2,725 M8.64%$376 M13.8%-2.18%
2018$2,936 M7.73%$513 M17.5%36.34%

Quarterly financial results

Mettler-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.
MTD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$595 M-$92 M15.6%-
2017-Q2$654 M9.94%$102 M15.5%9.85%
2017-Q3$699 M6.91%$105 M15.0%3.32%
2017-Q4$778 M11.34%$77 M9.9%-26.65%
2018-Q1$661 M-15.06%$93 M14.1%21.21%
2018-Q2$722 M9.26%$111 M15.4%19.47%
2018-Q3$735 M1.78%$127 M17.2%13.62%
2018-Q4$818 M11.31%$181 M22.2%43.06%

Mettler-Toledo International ownership

When 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:

MTDBIOBNSOBRKRDHR
Market cap$17.5 B$8.4 B$11.2 M$6.7 B$105.0 B
Total shares24.6 M24.7 M4.7 M154.7 M717.4 M
Float shares24.2 M21.3 M1.2 M101.8 M636.3 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 selling0.0%0.0%0.0%0.0%0.0%

MTD summary

Friday, September 20th, 2019
Open$713.36
Close$709.18
Day range$708.73 - $716.27
Previous close$710.10
Session gain-0.13%
Average true range$14.52
50d mov avg$718.53
100d mov avg$748.97
200d mov avg$701.74
Daily patternlb02a
Weekly pattern lt02a

Mettler-Toledo International performance

To 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.
Stock3m6m12m
MTDMettler-Toledo In...-14.57%1.01%15.88%
BIOBio-Rad Laborator...11.54%11.17%13.82%
BNSOBonso Electronics...-13.04%-13.04%-18.64%
BRKRBruker-10.63%14.46%33.00%
DHRDanaher1.96%13.15%36.18%
HBIOHarvard Bioscienc...63.46%-13.49%-34.62%
PKIPerkinElmer-9.16%-7.50%-10.13%
TMOThermo Fisher Sci...0.70%12.47%22.04%
WATWaters7.47%-6.79%16.24%
XYLXylem-4.93%1.20%-3.36%

Mettler-Toledo International competitors

We chose a few stocks to conform a list of Mettler-Toledo International competitors to examine if you are interested in investing in MTD: