MTS Systems Corporation (NASDAQ:MTSC)’s shares plunged more than 6% on Friday after a day before it announced a surge in profit for the Q4, due mainly to higher revenues, but expects are low.
The Eden Prairie, Minnesota-based firm’s Q4 net income was $15.25M, evaluated to $14.89M in the previous year quarter. On a per share basis, earnings for the current 4Q was $0.94, similar as previous year.
On average analyst projected the firm to earn1.02 a share for the quarter, according to two analysts polled by Thomson Reuters. Analysts’ anticipates typically exclude special items.
Revenue for the quarter surged 5 percent to $137.84M from $131.60M in the year-before quarter.
The firm declared that for the first quarter it anticipates a modest 1 to 3 percent revenue rise and earnings of $0.72 to $0.82.
MTS Systems Corporation (NASDAQ:MTSC) stock hit highest price at $47.55, beginning with a price of $46.00 and reported decreased -6.14% to the closed at $46.00 with day range of $41.42-$47.55. The total market capitalization remained $719.44 million; total volume held in the session was 297,289shares surprisingly higher than its average volume of 59,279 shares.
To check the Stocks ups and downs, MTSC last week stock price volatility remained 7.02% and month was at 3.76%. MTSC generated revenue of 542.26 million in the following twelve months income of $51.56 million. The Company showed a positive 9.51% in the net profit margin and in addition to in its operating margin which remained 14.85%. Company’s annual sales growth for the past five year was 5.75%.
The MTSC past twelve months price to sales ratio was 1.37 and price to cash ratio remained 9.28. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Agilent Technologies Inc. (NYSE:A)’s P/S 1.83% P/C 6.49%, Ion Geophysical Corp (NYSE:IO)’s P/S 1.81% P/C 19.52%, Roper Industries, Inc. (NYSE:ROP)’s P/S 3.63% P/C 29.88%, Garmin Ltd. (NASDAQ:GRMN)’s P/S 2.71% P/C 5.65%.