Mettler-Toledo International Inc
MTD: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$7,285.00 | Cdjggq | Mswwfxbt |
Mettler-Toledo Turns in Strong Fourth Quarter; Maintaining $830 Fair Value Estimate
Narrow-moat Mettler-Toledo delivered strong fourth-quarter and full-year results that helped it exceed previous sales and adjusted EPS guidance. Mettler posted revenue growth this quarter of 2% year over year (9% in constant currency) and 5% growth for the full year 2022 (11% in constant currency). After slight adjustments made to our near-term assumptions, we are maintaining our $830 fair value estimate, and shares remain overvalued.