Notable Stock to Watch: MTS Systems Corporation (NASDAQ:MTSC)

MTS Systems Corporation (NASDAQ:MTSC) changed -0.75% to recent value of $55.85. The stock transacted 76222 shares during most recent day however it has an average volume of 91.66K shares. It spotted trading -5.50% off 52-week high price. On the other end, the stock has been noted 45.37% away from the low price over the last 52-weeks.

MTS Systems Corporation (NASDAQ:MTSC) reported the commissioning of an MTS Flat-Trac Handling Roadway at FKFS, a globally renowned automotive research and development institute. FKFS will deploy the roadway to enable faster evaluation of vehicle performance during innumerable real-world driving scenarios.

The Flat-Trac Handling Roadway is a state-of-the-art multiaxial simulation system, engineered to subject complete or partial automobiles to a full spectrum of maneuvers—ranging from everyday driving to highly dynamic events—in the safety of controlled and repeatable laboratory settings.

Dr. Jeffrey Graves, MTS President and CEO states “Rapidly increasing vehicle complexity, the advent of autonomous and electric cars and intensifying global competition pose significant challenges for today’s vehicle dynamicists”. “The Flat-Trac Handling Roadway will provide FKFS and their customers a more agile, laboratory-based approach to mobility research and development, helping them assess and validate vehicle performance and new technologies far more quickly than with conventional proving ground methods alone.”

 MTSC has a gross margin of 38.60% and an operating margin of 9.00% while its profit margin remained 5.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained 43.60% for this year while earning per share for the next 5-years is expected to reach at 10.00%.

 The company has 18.01M of outstanding shares and 17.75M shares were floated in the market. According to the most recent quarter its current ratio was 1.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.14% from the mean of 20 days, 1.63% from mean of 50 days SMA and performed 8.87% from mean of 200 days price. Company’s performance for the week was 1.32%, 0.27% for month and YTD performance remained 39.17%.

Leave a Reply

Your email address will not be published. Required fields are marked *