A Director at Mettler-Toledo is Exercising Options

By Carrie Williams

Today, a Director at Mettler-Toledo, Robert Spoerry, exercised options of Mettler-Toledo for $1.56M.

Following Robert Spoerry’s last MTD Sell transaction on September 06, 2017, the stock climbed by 26.5%. In addition to Robert Spoerry, 3 other MTD executives reported Sell trades in the last month.

Based on Mettler-Toledo’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $778 million and quarterly net profit of $76.98 million. In comparison, last year the company earned revenue of $710 million and had a net profit of $138 million. The company has a one-year high of $697.26 and a one-year low of $464.30. MTD’s market cap is $16.14B and the company has a P/E ratio of 44.38.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $649, reflecting a -3.1% downside.

The insider sentiment on Mettler-Toledo has been negative according to 65 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Mettler-Toledo International, Inc. manufactures and markets precision instruments for use in laboratory, industrial and food retailing applications. It also provides analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-line measurement in production processes. Mettler-Toledo also supplies end-of-line inspection systems used in production and packaging for food, pharmaceutical and other industries. The company operates through five segments: U. S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The U.S. Operations segment represents certain of the company’s marketing and producing organizations located in the United States. The Western European Operations segment includes marketing and producing organizations in Western Europe, excluding operations located in Switzerland. The Swiss Operations segment includes marketing and producing organizations located in Switzerland as well as extensive R&D operations that are responsible for the development, production and marketing of precision instruments, including weighing, analytical and measurement technologies for use in a variety of industrial and laboratory applications. The Chinese Operations segment represents marketing and producing organizations located in China. Its market organizations are geographically focused and are responsible for all aspects of the company’s sales and service. The Operating segments that exist outside these reportable segments are included in other segment. Mettler-Toledo International was founded in 1991 and is headquartered in Columbus, OH.