Mettler-Toledo International Inc. (MTD) Trades at $573.33 Forming Double Top Chart Pattern

April 16, 2018 - By Alice Reed

Mettler-Toledo International Inc. (NYSE:MTD) Corporate Logo

During Q4 2017 the big money sentiment increased to 0.98. That’s change of 0.14, from 2017Q3’s 0.84. 21 investors sold all, 179 reduced holdings as Mettler-Toledo International Inc. ratio increased. 137 increased positions while 58 funds acquired positions. Funds hold 22.21 million shares thus 0.20% less from 2017Q3’s 22.26 million shares.
Carderock Management owns 7,336 shs. Hanseatic Svcs Incorporated holds 652 shs or 0.41% of its capital. City reported 7 shs. Putnam Lc holds 354 shs or 0% of its capital. 3,363 are held by Jlb & Associate. Amalgamated Financial Bank has invested 0.06% in Mettler-Toledo International Inc. (NYSE:MTD). Clarivest Asset Mngmt Ltd Liability Corp reported 0% of its capital in Mettler-Toledo International Inc. (NYSE:MTD). Lincoln Capital Limited reported 575 shs. Welch & Forbes Ltd Company owns 69,971 shs. Fincl Architects owns 1,524 shs. 19,303 were reported by Aperio Gru Limited Liability Corp. Sensato Investors Lc invested 1.35% of its capital in Mettler-Toledo International Inc. (NYSE:MTD). Cibc Corporation holds 0.03% or 5,698 shs. Prudential Fincl Inc stated it has 35,833 shs or 0.03% of all its holdings. Sumitomo Mitsui Asset Management reported 0.02% stake.

Mettler-Toledo International Inc. had 11 insider sales and 0 insider purchases since February 12, 2018. This’s net activity of $20.40 million. 2,000 Mettler-Toledo International Inc. (NYSE:MTD) shs with value of $1.26 million were sold by de la Guerroniere Marc. $181,560 worth of Mettler-Toledo International Inc. (NYSE:MTD) was sold by Vadala Shawn on Monday, February 12. CONTINO FRANCIS A sold $386,698 worth of Mettler-Toledo International Inc. (NYSE:MTD) or 608 shs on Thursday, February 22. $2.76M worth of Mettler-Toledo International Inc. (NYSE:MTD) was sold by Rauch Waldemar on Tuesday, February 13. 2,500 shs valued at $1.56 million were sold by SPOERRY ROBERT F on Wednesday, February 14. $6.19 million worth of Mettler-Toledo International Inc. (NYSE:MTD) was sold by DONNELLY WILLIAM P.

Mettler-Toledo International Inc. (MTD) has a double top chart pattern today and has $624.93 PT or 9.00 % above today’s $573.33 share price. The stock has $14.59 billion market cap. Finviz.com posted it on Apr, 16. The valuation of MTD can change by $1.31B if our $624.93 PT is reached.

The stock increased 0.90% or $5.11 during the last trading session, reaching $573.33.Currently Mettler-Toledo International Inc. is uptrending after 19.68% change in last April 16, 2017. MTD has 1,936 shares volume. MTD outperformed by 8.13% the S&P500.

Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on May, 3. They expect $3.73 EPS, up 11.68 % or $0.39 from last year’s $3.34 per share. MTD’s profit will be $94.93 million for 38.43 P/E if the $3.73 EPS becomes a reality. After $5.97 actual EPS reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts -37.52 % negative EPS growth.

Mettler-Toledo International Inc. (NYSE:MTD) Ratings Coverage

In total 7 analysts cover Mettler-Toledo (NYSE:MTD). “Buy” rating has 1, “Sell” are 0, while 6 are “Hold”. 14% are bullish. With $675 highest and $545 lowest [Target] Mettler-Toledo has $613 average [Target] or 6.92% above the current ($573.33) price. 11 are the (NYSE:MTD)’s analyst reports since October 20, 2017 according to StockzIntelligence Inc. On Friday, November 3 the rating was maintained by Robert W. Baird with “Neutral”. On Monday, February 12 the firm has “Neutral” rating given by Robert W. Baird. On Friday, November 3 Morgan Stanley maintained Mettler-Toledo International Inc. (NYSE:MTD) rating. Morgan Stanley has “Equal-Weight” rating and $545 target. On Friday, February 9 the company was maintained by Robert W. Baird. On Wednesday, April 11 Morgan Stanley maintained the shares of MTD in report with “Equal-Weight” rating. The company rating was maintained by Deutsche Bank on Thursday, March 1. On Friday, February 9 the rating was upgraded by Citigroup to “Buy”. The stock rating was initiated by Barclays Capital with “Hold” on Thursday, January 4. On Friday, October 20 the stock of Mettler-Toledo International Inc. (NYSE:MTD) earned “Hold” rating by Jefferies. The company rating was maintained by Morgan Stanley on Friday, February 9.

Mettler-Toledo International Inc. (NYSE:MTD) Institutional Investors Chart

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