MTS Systems Co. (NASDAQ:MTSC) CEO Jeffrey A. Graves acquired 2,000 shares of MTS Systems stock in a transaction on Wednesday, November 27th. The shares were bought at an average cost of $46.40 per share, with a total value of $92,800.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of MTS Systems stock opened at $45.50 on Tuesday. The firm has a 50-day moving average of $55.94 and a 200-day moving average of $56.36. The stock has a market cap of $870.87 million, a PE ratio of 18.65, a PEG ratio of 1.91 and a beta of 1.24. MTS Systems Co. has a 52-week low of $38.42 and a 52-week high of $63.31. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.13 and a current ratio of 1.79.

MTS Systems (NASDAQ:MTSC) last announced its earnings results on Monday, November 25th. The scientific and technical instruments company reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.02). The business had revenue of $224.08 million during the quarter, compared to the consensus estimate of $218.07 million. MTS Systems had a net margin of 4.83% and a return on equity of 9.78%. The company’s revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 EPS. Equities research analysts predict that MTS Systems Co. will post 2.38 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be given a $0.30 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.64%. MTS Systems’s payout ratio is presently 49.18%.

Institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of MTS Systems by 33.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,443 shares of the scientific and technical instruments company’s stock valued at $80,000 after acquiring an additional 365 shares during the period. AdvisorNet Financial Inc lifted its position in MTS Systems by 310.7% during the third quarter. AdvisorNet Financial Inc now owns 1,618 shares of the scientific and technical instruments company’s stock worth $89,000 after purchasing an additional 1,224 shares during the period. Bank of Montreal Can lifted its position in MTS Systems by 1,033.5% during the second quarter. Bank of Montreal Can now owns 1,893 shares of the scientific and technical instruments company’s stock worth $111,000 after purchasing an additional 1,726 shares during the period. Ladenburg Thalmann Financial Services Inc. lifted its position in MTS Systems by 38.4% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,428 shares of the scientific and technical instruments company’s stock worth $201,000 after purchasing an additional 952 shares during the period. Finally, Advisor Group Inc. lifted its position in MTS Systems by 7.8% during the second quarter. Advisor Group Inc. now owns 3,592 shares of the scientific and technical instruments company’s stock worth $209,000 after purchasing an additional 259 shares during the period. 97.92% of the stock is owned by institutional investors.

A number of equities analysts have commented on the stock. BidaskClub cut shares of MTS Systems from a “hold” rating to a “sell” rating in a research report on Saturday, November 23rd. Sidoti cut shares of MTS Systems from a “buy” rating to a “neutral” rating and reduced their target price for the company from $69.00 to $60.00 in a research report on Tuesday, November 26th. Finally, ValuEngine raised shares of MTS Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $58.67.

MTS Systems Company Profile

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.

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