MTD - Mettler-Toledo: Putting On A Lot Of Weight
2024-05-22 18:13:50 ET
Summary
- Mettler-Toledo International Inc. shares have risen over 50% from their lows in the fall of last year.
- The company has seen solid growth over the past decade, with sales increasing by 50% to $3.8 billion, while margins improved and shares have consistently been bought back.
- Despite a modest anticipated recovery in sales and an improved outlook, the earnings multiple for Mettler-Toledo shares remains far too high.
Shares of Mettler-Toledo International Inc. ( MTD ) have seen some real momentum as of late, having risen over 50% from the lows seen in the fall of last year....
Mettler-Toledo: Putting On A Lot Of Weight