New insider activity at Mettler-Toledo ( (MTD) ) has taken place on February 14, 2025.
Marc De La Guerroniere, the Head of Europe and North America Market Organizations, has recently made a significant move by selling 888 shares of Mettler-Toledo stock, which resulted in a transaction worth $1,182,718.
Recent Updates on MTD stock
In the past 24 hours, Mettler-Toledo has seen its stock price targets revised upwards by analysts, primarily due to its strong Q4 2024 earnings performance. Baird raised the price target citing steady improvement reflected in their updated model post-Q4 results, while Wells Fargo’s adjustment was based on the company’s robust end to 2024, driven by momentum in Lab and Product Inspection, which bodes well for 2025 growth. The company reported significant sales growth, particularly in Europe and the Laboratory segment, with a 12% increase in sales and a 32% rise in adjusted EPS. Despite challenges in China and the Food Retail segment, Mettler-Toledo remains optimistic about future growth, projecting a 3% to 4.5% increase in local currency sales for 2025. However, risks related to climate change and geopolitical tensions were also highlighted as potential concerns for the company’s financial performance.
More about Mettler-Toledo
YTD Price Performance: 7.52%
Average Trading Volume: 137,295
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $27.45B
Questions or Comments about the article? Write to editor@tipranks.com