Trade-Ideas LLC identified

Mettler-Toledo International

(

MTD

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Mettler-Toledo International as such a stock due to the following factors:

  • MTD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $53.2 million.
  • MTD has traded 820 shares today.
  • MTD is trading at a new lifetime high.

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More details on MTD:

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. MTD has a PE ratio of 28. Currently there is 1 analyst that rates Mettler-Toledo International a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Mettler-Toledo International has been 198,500 shares per day over the past 30 days. Mettler-Toledo International has a market cap of $9.4 billion and is part of the health care sector and health services industry. The stock has a beta of 1.03 and a short float of 5.3% with 9.10 days to cover. Shares are up 5.1% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Mettler-Toledo International as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • The stock has not only risen over the past year, it has done so at a faster pace than the S&P 500, reflecting the earnings growth and other positive factors similar to those we have cited here. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • METTLER-TOLEDO INTL INC has improved earnings per share by 6.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, METTLER-TOLEDO INTL INC increased its bottom line by earning $12.52 versus $11.48 in the prior year. This year, the market expects an improvement in earnings ($14.23 versus $12.52).
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Life Sciences Tools & Services industry average. The net income increased by 1.8% when compared to the same quarter one year prior, going from $121.17 million to $123.35 million.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Life Sciences Tools & Services industry and the overall market, METTLER-TOLEDO INTL INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • The gross profit margin for METTLER-TOLEDO INTL INC is rather high; currently it is at 59.22%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 18.31% is above that of the industry average.

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