Mettler-Toledo (MTD) Stock Forecast, Price Target & Predictions
MTD Stock Forecast
Mettler-Toledo stock forecast is as follows: an average price target of $1.34K (represents a 8.61% upside from MTD’s last price of $1.24K) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
MTD Price Target
The average price target for Mettler-Toledo (MTD) is $1.34K based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $1.45K to $1.24K. This represents a potential 8.61% upside from MTD's last price of $1.24K.
MTD Analyst Ratings
According to 6 Wall Street analysts, Mettler-Toledo's rating consensus is 'Hold'. The analyst rating breakdown for MTD stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 4 'Hold' (66.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Mettler-Toledo Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Daniel Arias | Stifel Nicolaus | $1.45K | $1.38K | 5.20% | 17.15% |
| Aug 05, 2024 | Daniel Arias | Stifel Nicolaus | $1.55K | $1.44K | 7.53% | 25.22% |
| Aug 05, 2024 | Catherine Schulte | Robert W. Baird | $1.38K | $1.44K | -4.61% | 11.09% |
| Jun 03, 2024 | Tycho Peterson | Jefferies | $1.25K | $1.40K | -10.97% | 0.99% |
| May 13, 2024 | Daniel Arias | Stifel Nicolaus | $1.51K | $1.51K | -0.02% | 21.99% |
| May 13, 2024 | Catherine Schulte | Robert W. Baird | $1.36K | $1.45K | -6.17% | 9.87% |
| Sep 06, 2022 | Daniel Arias | Stifel Nicolaus | $1.50K | $1.20K | 25.52% | 21.18% |
| Jul 31, 2022 | Elizabeth Garcia | UBS | $1.24K | $1.35K | -8.35% | -0.06% |
| Apr 25, 2022 | - | Wells Fargo | $1.41K | $1.28K | 9.76% | 13.91% |
The latest Mettler-Toledo stock forecast, released on Nov 11, 2024 by Daniel Arias from Stifel Nicolaus, set a price target of $1.45K, which represents a 5.20% increase from the stock price at the time of the forecast ($1.38K), and a 17.15% increase from MTD last price ($1.24K).
Mettler-Toledo Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 6 |
| Avg Price Target | $1.45K | $1.45K | $1.42K |
| Last Closing Price | $1.24K | $1.24K | $1.24K |
| Upside/Downside | 17.15% | 17.15% | 14.38% |
In the current month, the average price target of Mettler-Toledo stock is $1.45K, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 17.15% increase as opposed to Mettler-Toledo's last price of $1.24K. This month's average price target is down 0.00% compared to last quarter, and up 2.41% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 01, 2024 | Evercore ISI | Positive | Positive | Hold |
| Aug 27, 2024 | Wells Fargo | Overweight | Equal-Weight | Initialise |
| Jun 03, 2024 | Jefferies | - | Underperform | Downgrade |
| May 12, 2024 | Citigroup | Sell | Sell | Hold |
| Dec 20, 2022 | J.P. Morgan | - | Neutral | Upgrade |
| Nov 08, 2022 | Goldman Sachs | - | Neutral | Upgrade |
| Jul 31, 2022 | UBS | - | Neutral | Initialise |
| Apr 25, 2022 | Wells Fargo | - | Overweight | Upgrade |
Mettler-Toledo's last stock rating was published by Evercore ISI on Oct 01, 2024. The company gave MTD a "Positive" rating, the same as its previous rate.
Mettler-Toledo Financial Forecast
Mettler-Toledo Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $934.99M | $942.46M | $982.12M | $928.74M | $1.06B | $985.85M | $978.39M | $897.79M | $1.04B | $951.95M | $924.35M | $804.39M | $937.99M | $807.36M | $690.67M | $649.16M | $843.97M | $753.87M |
| Avg Forecast | $1.12B | $1.05B | $1.03B | $954.91M | $1.06B | $997.27M | $976.48M | $911.37M | $1.01B | $944.75M | $929.13M | $879.72M | $959.45M | $946.87M | $1.00B | $921.19M | $1.03B | $972.09M | $951.52M | $868.48M | $1.02B | $929.50M | $874.90M | $758.72M | $904.25M | $748.62M | $643.59M | $649.30M | $836.90M | $752.41M |
| High Forecast | $1.14B | $1.06B | $1.05B | $969.26M | $1.08B | $1.01B | $991.17M | $926.45M | $1.02B | $945.23M | $929.13M | $879.72M | $967.42M | $961.11M | $1.02B | $935.04M | $1.05B | $972.09M | $951.52M | $868.48M | $1.02B | $929.50M | $874.90M | $758.72M | $904.25M | $748.62M | $643.59M | $649.30M | $836.90M | $752.41M |
| Low Forecast | $1.11B | $1.03B | $1.02B | $942.29M | $1.05B | $984.09M | $963.58M | $897.16M | $996.00M | $944.27M | $929.13M | $879.72M | $951.31M | $939.13M | $987.37M | $909.01M | $1.02B | $972.09M | $951.52M | $868.48M | $1.02B | $929.50M | $874.90M | $758.72M | $904.25M | $748.62M | $643.59M | $649.30M | $836.90M | $752.41M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.00% | 0.98% | 1.01% | 1.03% | 1.01% | 1.03% | 1.03% | 1.02% | 1.02% | 1.06% | 1.06% | 1.04% | 1.08% | 1.07% | 1.00% | 1.01% | 1.00% |
Mettler-Toledo's average Quarter revenue forecast for Mar 24 based on 2 analysts is $879.72M, with a low forecast of $879.72M, and a high forecast of $879.72M. MTD's average Quarter revenue forecast represents a -5.91% decrease compared to the company's last Quarter revenue of $934.99M (Dec 23).
Mettler-Toledo EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $281.78M | $309.32M | $307.70M | $278.87M | $371.90M | $320.79M | $299.04M | $256.83M | $325.99M | $286.60M | $268.36M | $219.71M | $304.44M | $239.86M | $188.92M | $152.85M | $263.23M | $201.45M |
| Avg Forecast | $332.56M | $310.12M | $305.49M | $283.12M | $315.46M | $295.68M | $289.51M | $270.21M | $299.25M | $280.10M | $275.47M | $321.72M | $284.46M | $280.73M | $296.66M | $292.47M | $342.21M | $288.57M | $282.47M | $231.20M | $303.14M | $275.93M | $259.72M | $182.51M | $268.43M | $222.23M | $191.05M | $148.53M | $248.44M | $223.36M |
| High Forecast | $337.57M | $314.79M | $310.08M | $287.37M | $320.20M | $300.12M | $293.87M | $274.68M | $303.75M | $280.25M | $275.47M | $386.06M | $286.83M | $284.96M | $301.12M | $350.97M | $410.65M | $288.57M | $282.47M | $277.44M | $303.14M | $275.93M | $259.72M | $219.01M | $268.43M | $222.23M | $191.05M | $178.23M | $248.44M | $223.36M |
| Low Forecast | $328.17M | $306.02M | $301.45M | $279.37M | $311.29M | $291.77M | $285.69M | $266.00M | $295.30M | $279.96M | $275.47M | $257.37M | $282.05M | $278.44M | $292.74M | $233.98M | $273.77M | $288.57M | $282.47M | $184.96M | $303.14M | $275.93M | $259.72M | $146.00M | $268.43M | $222.23M | $191.05M | $118.82M | $248.44M | $223.36M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.10% | 1.04% | 0.95% | 1.09% | 1.11% | 1.06% | 1.11% | 1.08% | 1.04% | 1.03% | 1.20% | 1.13% | 1.08% | 0.99% | 1.03% | 1.06% | 0.90% |
2 analysts predict MTD's average Quarter EBITDA for Mar 24 to be $321.72M, with a high of $386.06M and a low of $257.37M. This is 14.18% upper than Mettler-Toledo's previous annual EBITDA (Dec 23) of $281.78M.
Mettler-Toledo Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $184.79M | $201.63M | $213.93M | $188.43M | $265.83M | $220.60M | $212.07M | $174.00M | $230.87M | $203.69M | $184.76M | $149.66M | $216.29M | $161.77M | $126.56M | $98.11M | $192.75M | $129.40M |
| Avg Forecast | $303.60M | $254.51M | $245.38M | $205.73M | $268.25M | $232.94M | $220.84M | $179.44M | $249.57M | $213.16M | $192.28M | $221.42M | $215.07M | $206.90M | $212.56M | $201.29M | $242.36M | $210.41M | $187.56M | $159.12M | $216.05M | $177.12M | $162.96M | $124.32M | $186.52M | $128.05M | $90.13M | $95.34M | $164.31M | $121.60M |
| High Forecast | $309.53M | $259.48M | $250.18M | $209.75M | $273.49M | $237.50M | $225.16M | $188.53M | $252.33M | $213.16M | $192.29M | $265.70M | $220.91M | $211.77M | $216.72M | $241.55M | $290.83M | $210.41M | $187.56M | $190.95M | $216.05M | $177.12M | $162.96M | $149.18M | $186.52M | $128.05M | $90.13M | $114.41M | $164.31M | $121.60M |
| Low Forecast | $298.38M | $250.13M | $241.16M | $202.20M | $263.64M | $228.94M | $217.05M | $170.90M | $248.08M | $213.16M | $192.28M | $177.13M | $194.23M | $201.61M | $208.91M | $161.03M | $193.89M | $210.41M | $187.56M | $127.30M | $216.05M | $177.12M | $162.96M | $99.46M | $186.52M | $128.05M | $90.13M | $76.27M | $164.31M | $121.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.97% | 1.01% | 0.94% | 1.10% | 1.05% | 1.13% | 1.09% | 1.07% | 1.15% | 1.13% | 1.20% | 1.16% | 1.26% | 1.40% | 1.03% | 1.17% | 1.06% |
Mettler-Toledo's average Quarter net income forecast for Mar 24 is $221.42M, with a range of $177.13M to $265.70M. MTD's average Quarter net income forecast represents a 19.82% increase compared to the company's last Quarter net income of $184.79M (Dec 23).
Mettler-Toledo SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $223.43M | $217.45M | $228.59M | $234.64M | $227.59M | $233.36M | $242.21M | $235.31M | $242.44M | $240.73M | $239.04M | $221.75M | $226.37M | $219.09M | $204.02M | $212.74M | $219.53M | $215.16M |
| Avg Forecast | $284.93M | $265.71M | $261.73M | $242.57M | $270.28M | $253.33M | $248.05M | $231.51M | $256.39M | $239.99M | $236.02M | $299.44M | $243.72M | $240.53M | $254.17M | $272.21M | $254.51M | $246.93M | $241.71M | $215.19M | $259.40M | $236.11M | $222.24M | $184.20M | $229.70M | $190.17M | $163.49M | $206.73M | $212.59M | $191.13M |
| High Forecast | $289.22M | $269.70M | $265.67M | $246.21M | $274.34M | $257.14M | $251.78M | $235.34M | $260.25M | $240.11M | $236.02M | $359.32M | $245.75M | $244.14M | $258.00M | $326.66M | $305.41M | $246.93M | $241.71M | $258.23M | $259.40M | $236.11M | $222.24M | $221.04M | $229.70M | $190.17M | $163.49M | $248.07M | $212.59M | $191.13M |
| Low Forecast | $281.17M | $262.19M | $258.27M | $239.36M | $266.70M | $249.98M | $244.77M | $227.90M | $253.01M | $239.86M | $236.02M | $239.55M | $241.65M | $238.56M | $250.81M | $217.77M | $203.61M | $246.93M | $241.71M | $172.15M | $259.40M | $236.11M | $222.24M | $147.36M | $229.70M | $190.17M | $163.49M | $165.38M | $212.59M | $191.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.90% | 0.90% | 0.86% | 0.89% | 0.95% | 1.00% | 1.09% | 0.93% | 1.02% | 1.08% | 1.20% | 0.99% | 1.15% | 1.25% | 1.03% | 1.03% | 1.13% |
Mettler-Toledo's average Quarter SG&A projection for Mar 24 is $299.44M, based on 2 Wall Street analysts, with a range of $239.55M to $359.32M. The forecast indicates a 34.02% rise compared to MTD last annual SG&A of $223.43M (Dec 23).
Mettler-Toledo EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $8.56 | $9.26 | $9.75 | $8.53 | $11.97 | $9.85 | $9.39 | $7.64 | $10.08 | $8.83 | $7.97 | $6.41 | $9.15 | $6.76 | $5.29 | $4.08 | $7.95 | $5.28 |
| Avg Forecast | $14.26 | $11.96 | $11.53 | $9.66 | $12.60 | $10.94 | $10.37 | $8.43 | $11.72 | $10.01 | $9.03 | $7.64 | $10.10 | $9.72 | $9.98 | $8.61 | $11.68 | $9.84 | $8.77 | $7.28 | $10.10 | $8.28 | $7.62 | $5.61 | $8.72 | $5.99 | $4.21 | $3.89 | $7.68 | $5.68 |
| High Forecast | $14.54 | $12.19 | $11.75 | $9.85 | $12.85 | $11.16 | $10.58 | $8.86 | $11.85 | $10.01 | $9.03 | $7.64 | $10.38 | $9.95 | $10.18 | $8.78 | $11.91 | $9.84 | $8.77 | $7.28 | $10.10 | $8.28 | $7.62 | $5.61 | $8.72 | $5.99 | $4.21 | $3.89 | $7.68 | $5.68 |
| Low Forecast | $14.02 | $11.75 | $11.33 | $9.50 | $12.38 | $10.75 | $10.20 | $8.03 | $11.65 | $10.01 | $9.03 | $7.64 | $9.12 | $9.47 | $9.81 | $8.46 | $11.48 | $9.84 | $8.77 | $7.28 | $10.10 | $8.28 | $7.62 | $5.61 | $8.72 | $5.99 | $4.21 | $3.89 | $7.68 | $5.68 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.95% | 0.98% | 0.99% | 1.03% | 1.00% | 1.07% | 1.05% | 1.00% | 1.07% | 1.05% | 1.14% | 1.05% | 1.13% | 1.26% | 1.05% | 1.04% | 0.93% |
According to 2 Wall Street analysts, Mettler-Toledo's projected average Quarter EPS for Mar 24 is $7.64, with a low estimate of $7.64 and a high estimate of $7.64. This represents a -10.69% decrease compared to MTD previous annual EPS of $8.56 (Dec 23).
Mettler-Toledo Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ICLR | ICON Public Limited Company | $200.02 | $309.60 | 54.78% | Buy |
| CRL | Charles River Laboratories | $196.90 | $303.60 | 54.19% | Buy |
| IQV | IQVIA | $202.94 | $266.65 | 31.39% | Buy |
| DHR | Danaher | $239.38 | $305.47 | 27.61% | Buy |
| TMO | Thermo Fisher Scientific | $533.02 | $642.48 | 20.54% | Buy |
| LH | Laboratory Corporation of America | $238.18 | $281.25 | 18.08% | Buy |
| A | Agilent | $130.22 | $152.64 | 17.22% | Buy |
| SHC | Sotera Health Company | $14.99 | $17.43 | 16.28% | Buy |
| IDXX | IDEXX Laboratories | $423.65 | $479.75 | 13.24% | Buy |
| RVTY | Revvity | $116.05 | $126.88 | 9.33% | Buy |
| TWST | Twist Bioscience | $38.96 | $42.40 | 8.83% | Buy |
| MTD | Mettler-Toledo | $1.24K | $1.34K | 8.61% | Hold |
| WAT | Waters | $376.72 | $356.80 | -5.29% | Buy |