12 Best Scientific Instruments Stocks to Buy Right Now

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6. Mettler-Toledo International Inc. (NYSE:MTD)

Number of Hedge Fund Holders: 50

Mettler-Toledo International Inc. (NYSE:MTD) is a leading supplier of precision instruments and services, specializing in a wide range of laboratory, industrial, and retail weighing solutions. The company’s portfolio includes laboratory instruments for sample preparation, synthesis, analytical measurement, and material characterization.

Mettler-Toledo International Inc. (NYSE:MTD) reported a strong fourth quarter for 2024, with sales increasing 12% year-over-year to $1.045 billion. Net income per diluted share (EPS) rose significantly to $11.96, up from $8.52 in Q4 2023. Adjusted EPS saw a 32% jump, reaching $12.41, compared to $9.40 in the same quarter last year. Operating expenses were well-managed, with R&D and SG&A costs both increasing modestly. Earnings before taxes (EBT) amounted to $314.5 million, up from $232.6 million a year ago.

The company’s solid performance was largely driven by strong demand for laboratory products, particularly in Europe. Looking ahead, Mettler-Toledo International Inc. (NYSE:MTD) is cautiously projecting a 3% to 4% decline in local currency sales for Q1 2025, partly due to shipping delays from Q4 2023. However, the company still expects modest overall growth for the full year.

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