Mettler-Toledo International Inc
MTD: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$963.00 | Bsjlzpy | Xcyfflyfm |
Narrow-Moat Mettler Sees Ongoing Momentum in Q2, Though Inflation Taking a Toll on Gross Profit
Mettler-Toledo once again beat expectations and raised guidance, continuing a pattern of outperformance that stretches back years, but was temporarily interrupted during the early months of the pandemic. We are maintaining our $670 fair value estimate as strong near-term performance has a muted impact on our longer-term forecasts. Our narrow-moat rating is unchanged, and we still see shares as overvalued.