Somewhat Favorable News Coverage Somewhat Unlikely to Affect MTS Systems Corporation (MTSC) Share Price

News stories about MTS Systems Corporation (NASDAQ:MTSC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MTS Systems Corporation earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media stories about the scientific and technical instruments company an impact score of 45.5210857407981 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have commented on MTSC. BidaskClub lowered MTS Systems Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Zacks Investment Research lowered MTS Systems Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, FBR & Co reiterated an “outperform” rating on shares of MTS Systems Corporation in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $55.67.

MTS Systems Corporation (NASDAQ MTSC) traded up 0.11% on Friday, hitting $46.75. The stock had a trading volume of 55,306 shares. The company has a 50 day moving average of $51.42 and a 200 day moving average of $52.38. The company has a market capitalization of $792.65 million, a PE ratio of 35.77 and a beta of 1.29. MTS Systems Corporation has a 12-month low of $41.53 and a 12-month high of $59.00.

MTS Systems Corporation (NASDAQ:MTSC) last issued its quarterly earnings results on Monday, August 7th. The scientific and technical instruments company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.10. The business had revenue of $194 million for the quarter, compared to analysts’ expectations of $193.03 million. MTS Systems Corporation had a net margin of 3.13% and a return on equity of 12.49%. The business’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 earnings per share. On average, equities analysts expect that MTS Systems Corporation will post $2.14 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, September 18th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, September 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.57%. MTS Systems Corporation’s dividend payout ratio (DPR) is currently 91.60%.

In related news, insider Jeffrey A. Graves sold 1,426 shares of the firm’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $54.40, for a total value of $77,574.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David Hore acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average cost of $48.20 per share, with a total value of $482,000.00. Following the completion of the acquisition, the insider now owns 15,000 shares in the company, valued at approximately $723,000. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.

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About MTS Systems Corporation

MTS Systems Corporation is a supplier of test systems and position sensors. The Company operates through two segments: Test and Sensors. The Test segment provides testing solutions, including hardware, software and services to ground vehicles, materials and structures markets. The Sensors segment provides position sensors for a range of industrial and mobile hydraulic applications.

Insider Buying and Selling by Quarter for MTS Systems Corporation (NASDAQ:MTSC)

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