Mettler-Toledo International Inc

MTD: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$685.00	Bhjxmx	Nsyvhtyd

Narrow-Moat Mettler-Toledo Maintains Momentum With Solid Q2; Shares Still Look Pricey

Aaron Degagne

Jul 29, 2022

Narrow-moat Mettler-Toledo continued its momentum with robust top-line growth in the second quarter as the firm reported sales growth of 6% (10% on a constant-currency basis). We are maintaining our $770 fair value estimate as core top-line results, operating margin and profits are tracking right near our full-year forecasts, and our long-term forecasts are unchanged.

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