MTS Systems Co. (NASDAQ:MTSC) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation. MTS Systems’ rating score has improved by 50% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokerages have set a twelve-month consensus target price of $80.00 for the company and are predicting that the company will post $0.59 EPS for the current quarter, according to Zacks. Zacks has also assigned MTS Systems an industry rank of 102 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded shares of MTS Systems from a “hold” rating to a “strong sell” rating in a report on Monday, November 2nd.
MTS Systems (NASDAQ:MTSC) opened at 62.37 on Monday. MTS Systems has a 12 month low of $54.35 and a 12 month high of $77.39. The stock has a market cap of $925.26 million and a price-to-earnings ratio of 20.79. The firm’s 50 day moving average price is $62.64 and its 200 day moving average price is $63.23.
MTS Systems (NASDAQ:MTSC) last released its quarterly earnings data on Wednesday, December 2nd. The company reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $0.65 by $0.04. The business had revenue of $143.50 million for the quarter, compared to the consensus estimate of $144.44 million. The company’s revenue was up .3% compared to the same quarter last year. During the same period last year, the firm posted $0.71 EPS. On average, equities research analysts predict that MTS Systems will post $3.14 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 28th. Shareholders of record on Monday, December 14th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, December 10th. This represents a $1.20 dividend on an annualized basis and a yield of 1.89%.
In other MTS Systems news, Director Chun Hung Yu purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, December 15th. The stock was bought at an average price of $61.05 per share, with a total value of $61,050.00. Following the transaction, the director now directly owns 4,142 shares of the company’s stock, valued at approximately $252,869.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
MTS Systems Corporation (NASDAQ:MTSC) is a global supplier of test systems and position sensors. The Company’s operations are organized and managed in two business segments: the Test segment and the Sensors. Testing segment’s testing hardware, software and services solutions help customers improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. Test also sells a range of accessories and spare parts, as well as services, including installation, calibration, maintenance, training and consulting. MTS’ sensors segment provides controls for a range of industrial and vehicular applications. The segment’s customer industries include manufacturers of plastic injection molding machines, steel mills, fluid power, oil and gas, medical, wood product processing equipment, mobile equipment, and energy.
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