Mettler-Toledo International Inc
MTD: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$2,261.00 | Mcdng | Hdjdhjtt |
Mettler-Toledo Earnings: Solid Results and Recent Cash Flows Push Up Fair Value
Narrow-moat Mettler-Toledo delivered solid first-quarter results. Management's guidance change for 2023 was minimal and looks in line with what we are already expecting for 2023. However, based on cash flows generated since our last valuation change, we are slightly increasing our fair value estimate to $880 per share from $830 previously. However, we continue to see shares as significantly overvalued.