Mettler-Toledo International (MTD) Stock Forecast & Price Target

$1,364.19

-40.28 (-2.87%)

(As of 10/17/2024 ET)

Mettler-Toledo International - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 8 Analyst Ratings

Sell
2

Hold
5

Buy
1

Based on 8 Wall Street analysts who have issued ratings for Mettler-Toledo International in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 2 have given a sell rating, 5 have given a hold rating, and 1 has given a buy rating for MTD.

Consensus Price Target

$1,363.75
-0.03% Downside

According to the 8 analysts' twelve-month price targets for Mettler-Toledo International, the average price target is $1,363.75. The highest price target for MTD is $1,550.00, while the lowest price target for MTD is $1,200.00. The average price target represents a forecasted downside of -0.03% from the current price of $1,364.19.

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MTD Analyst Ratings Over Time

Type	Current Forecast 10/19/23 to 10/18/24	1 Month Ago 9/19/23 to 9/18/24	3 Months Ago 7/21/23 to 7/20/24	1 Year Ago 10/19/22 to 10/19/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$1,363.75	$1,356.25	$1,301.25	$1,434.43
Forecasted Upside	-0.03% Downside	-3.31% Downside	-3.20% Downside	41.45% Upside
Consensus Rating	Reduce	Reduce	Hold	Hold

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MTD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MTD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Mettler-Toledo International Stock vs. The Competition

Type	Mettler-Toledo International	Medical Companies	S&P 500
Consensus Rating Score	1.88	2.79	2.50
Consensus Rating	Reduce	Moderate Buy	Hold
Predicted Upside	-0.03% Downside	13,672.28% Upside	6.34% Upside
News Sentiment Rating	Positive News See Recent MTD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/1/2024	Evercore ISI 2 of 5 stars		Boost Target	In-Line ➝ In-Line	$1,375.00 ➝ $1,450.00	-2.04%
8/27/2024	Wells Fargo & Company 3 of 5 stars	B. Couillard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight	$1,400.00	-1.59%
8/5/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$1,300.00 ➝ $1,400.00	+0.56%
8/5/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$1,510.00 ➝ $1,550.00	+11.16%
7/9/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$1,150.00 ➝ $1,300.00	-1.41%
6/3/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold ➝ Underperform	$1,230.00 ➝ $1,250.00	-10.97%
Get the Latest News and Ratings for MTD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Mettler-Toledo International and its competitors with MarketBeat's FREE daily newsletter.
5/13/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$975.00 ➝ $1,200.00	-17.29%
5/13/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$1,212.00 ➝ $1,360.00	-9.95%
5/8/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/7/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$1,650.00 ➝ $1,525.00	+7.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:28 AM ET.

Should I Buy Mettler-Toledo International Stock? MTD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, October 8, 2024. Please send any questions or comments about these Mettler-Toledo International pros and cons to contact@marketbeat.com.

Mettler-Toledo International
Bull Case

Here are some ways that investors could benefit from investing in Mettler-Toledo International Inc.:

Metler-Toledo International Inc. stock price has been steadily increasing, reaching $1,383.06 on the latest trading day, indicating positive market sentiment.
The company reported strong quarterly earnings results, surpassing analysts' expectations with an EPS of $9.65, which could attract more investors seeking profitable opportunities.
With a market cap of $29.35 billion, Mettler-Toledo International Inc. is considered a large-cap company, providing stability and potential for long-term growth.
Analysts have given the stock a consensus rating of "Hold" with a price target of $1,356.25, suggesting a balanced investment opportunity.
Mettler-Toledo International Inc. operates globally across multiple segments, diversifying its revenue sources and reducing geographical risk.

Mettler-Toledo International
Bear Case

Investors should be bearish about investing in Mettler-Toledo International Inc. for these reasons:

Despite positive earnings, the company experienced a decrease in revenue by 3.6% on a year-over-year basis, indicating potential challenges in maintaining revenue growth.
The stock has a price-to-earnings ratio of 38.78, which may be considered high by some investors, potentially limiting its attractiveness compared to lower P/E ratio stocks.
Mettler-Toledo International Inc. had a negative return on equity of 575.61%, reflecting operational inefficiencies that could impact shareholder returns.
Two research analysts have rated the stock as "sell," signaling concerns about the company's future performance and market outlook.
While the stock has a 1-year high of $1,546.93, the 1-year low is $928.49, indicating potential volatility in share price that may not suit risk-averse investors.

MTD Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Mettler-Toledo International is $1,363.75, with a high forecast of $1,550.00 and a low forecast of $1,200.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mettler-Toledo International in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" MTD shares.
: According to analysts, Mettler-Toledo International's stock has a predicted downside of -0.03% based on their 12-month stock forecasts.
: Mettler-Toledo International has been rated by research analysts at Evercore ISI, JPMorgan Chase & Co., Stifel Nicolaus, and Wells Fargo & Company in the past 90 days.
: Analysts like Mettler-Toledo International less than other "medical" companies. The consensus rating for Mettler-Toledo International is Reduce while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how MTD compares to other companies.

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This page (NYSE:MTD) was last updated on 10/18/2024 by MarketBeat.com Staff

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