Mettler-Toledo International Inc
MTD: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$1,132.00 | Krwnbf | Gbrqnlwdtp |
Narrow-Moat Mettler-Toledo Maintains Momentum With Solid Q2; Shares Still Look Pricey
Narrow-moat Mettler-Toledo continued its momentum with robust top-line growth in the second quarter as the firm reported sales growth of 6% (10% on a constant-currency basis). We are maintaining our $770 fair value estimate as core top-line results, operating margin and profits are tracking right near our full-year forecasts, and our long-term forecasts are unchanged.