Mettler-Toledo International Inc

MTD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$839.00	Lhkfmg	Ywpmydqvxh

Narrow-Moat Mettler Sees Ongoing Momentum in Q2, Though Inflation Taking a Toll on Gross Profit

Aaron Degagne

Jul 30, 2021

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.

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