Mettler-Toledo International Inc

MTD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$842.00	Vcdtp	Qkrqprpyp

Narrow-Moat Mettler-Toledo Delivers Solid Growth; Shares Still Overvalued

Julie Utterback ,

Nov 4, 2022

Narrow-moat Mettler-Toledo posted solid revenue growth this quarter of 4% (10% on a constant currency basis). Management has reinforced its full-year 2022 revenue guidance. We have made slight adjustments to our near-term assumptions, but our long-term forecasts are unchanged, and we are maintaining our $830 fair value estimate. Shares appear overvalued.

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