MTS Systems (MTSC) Set to Announce Earnings on Monday

MTS Systems (NASDAQ:MTSC) will post its quarterly earnings results after the market closes on Monday, August 3rd. Individual that wish to listen to the company’s earnings conference call can do so using this link.

MTS Systems (NASDAQ:MTSC) last issued its quarterly earnings data on Monday, May 4th. The scientific and technical instruments company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.01. MTS Systems had a return on equity of 6.83% and a net margin of 2.59%. The firm had revenue of $211.46 million during the quarter.

Shares of MTSC opened at $18.55 on Friday. The stock has a fifty day moving average price of $17.27 and a two-hundred day moving average price of $26.48. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.15 and a current ratio of 1.84. MTS Systems has a 52-week low of $13.15 and a 52-week high of $63.31. The company has a market cap of $361.25 million, a price-to-earnings ratio of 15.99 and a beta of 1.43.

Several equities analysts have issued reports on the company. ValuEngine upgraded MTS Systems from a “sell” rating to a “hold” rating in a research report on Thursday, July 2nd. BidaskClub raised MTS Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, July 18th. Finally, Wells Fargo & Co cut MTS Systems from an “equal weight” rating to an “underweight” rating and lowered their target price for the company from $30.00 to $14.00 in a research note on Friday, April 17th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $29.00.

About MTS Systems

MTS Systems Corporation supplies test systems and sensors in the Americas, Europe, and Asia. The company's Test segment offers road simulators and component test systems, vehicle performance test systems, vehicle dynamics simulators, electrical motors and energy recovery systems, tire performance and rolling resistance measurement systems, and moving ground-plane systems and balances.

Featured Article: What Does a Sell-Side Analyst Rating Mean?

Earnings History for MTS Systems (NASDAQ:MTSC)

Receive News & Ratings for MTS Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTS Systems and related companies with MarketBeat.com's FREE daily email newsletter.