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Last €61.22 EUR
Change Today +0.58 / 0.96%
Volume 0.0
MT7 On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:44 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

mts systems corp (MT7) Snapshot

Open
€60.92
Previous Close
€60.64
Day High
€61.34
Day Low
€60.67
52 Week High
03/23/15 - €70.90
52 Week Low
07/18/14 - €47.24
Market Cap
912.3M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
14.9M
EX-Date
03/12/15
P/E TM
--
Dividend
€1.25
Dividend Yield
1.60%
Current Stock Chart for MTS SYSTEMS CORP (MT7)

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mts systems corp (MT7) Details

MTS Systems Corporation supplies test systems and position sensors in the Americas, Europe, and Asia. The company’s Test segment provides testing solutions, including road simulators for durability simulation; tire performance and rolling resistance measurement systems; moving road-plane systems and balances for aerodynamics measurements in wind tunnels; systems for the physical characterization of materials, such as ceramics, composites, and steel; and systems to test durability and performance of implants, prostheses, and other medical and dental materials and devices. This segment also offers products, systems, and software to perform static and fatigue testing of aircraft and space vehicles; systems for structural engineering, including high force static and dynamic testing; and seismic simulation tables to test the designs of structures and establish building codes. In addition, it provides installation, calibration, maintenance, training, and consulting services, as well as various accessories and spare parts. This segment serves automobile, truck, motorcycle, motorsports vehicle, construction equipment, agricultural equipment, rail, and off-road vehicle manufacturers and their suppliers, as well as power generation, aerospace, bio-medical, wind energy, structural engineering, oil and gas, and other industries. The company’s Sensors segment manufactures products utilizing magnetostriction technology for manufacturers of plastic injection molding machines, steel mills, fluid power, oil and gas, medical, wood product processing equipment, mobile equipment, and energy industries. It also offers products to measure fluid displacement for customers in the process industries. The company sells its products through direct sales organization, and independent representatives and distributors, as well as through catalogs. MTS Systems Corporation was founded in 1966 and is headquartered in Eden Prairie, Minnesota.

2,180 Employees
Last Reported Date: 11/26/14
Founded in 1966

mts systems corp (MT7) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $631.9K
Chief Compliance Officer, Senior Vice Preside...
Total Annual Compensation: $342.3K
Senior Vice President of MTS Test
Total Annual Compensation: $306.6K
Compensation as of Fiscal Year 2014.

mts systems corp (MT7) Key Developments

MTS Systems Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Half Year Ended March 29, 2015; Revises Earnings Guidance for Fiscal 2015

MTS Systems Corporation reported unaudited consolidated earnings results for the second quarter and half year ended March 29, 2015. For the quarter, the company reported revenue of $143,955,000 against $137,343,000 a year ago. The increase in revenue was driven by 7% growth in Test as a result of strong custom and engineer-to-order revenue converted from the high opening backlog, as well as improved factory throughput driven by productivity improvements. Income from operations was $17,755,000 against $12,354,000 a year ago. Income before income taxes was $16,875,000 against $11,938,000 a year ago. Net income was $11,706,000 or $0.77 per diluted share against $7,779,000 or $0.50 per diluted share a year ago. During the second quarter, operating activities generated cash of $22.7 million and the company used $4.7 million to invest in capital expenditures. For the half year, the company reported revenue of $286,539,000 against $275,753,000 a year ago. Income from operations was $33,566,000 against $26,501,000 a year ago. Income before income taxes was $31,760,000 against $25,633,000 a year ago. Net income was $25,492,000 or $1.68 per diluted share against $16,924,000 or $1.09 per diluted share a year ago. The company is adjusting fiscal year 2015 guidance for revenue down to a range of $565 million to $580 million and earnings per share to a range of $3.00 to $3.20. The negative impact from the stronger dollar directly accounts for approximately 70% of the reduction in revenue and 40% of the reduction in earnings per share. The remaining decrease is driven by the continued higher mix of custom orders and pricing pressures from the stronger dollar, offset in part by the productivity and efficiency initiatives combined with a strong cost focus across the business. The majority of the decrease in revenue guidance was driven by the strengthening of the U.S. dollar relative to the euro and the yen. In future quarters, the company expects the tax rate to remain in the low to mid-30% range.

MTS Expands LTE Network in Khakasia

MTS expanded the coverage of its LTE network in the Khakasia republic in the first quarter of 2015. The services are currently accessible in the city of Abakan, in the towns of Ust-Abakan and Bely-Yar, as well as in the agglomerations of Kalinino, Podsineye and Askiz. The number of customers using the operator's LTE network has doubled within six months in the republic.

MTS Systems Corporation to Report Q2, 2015 Results on May 04, 2015

MTS Systems Corporation announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on May 04, 2015

 

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Industry Analysis

MT7

Industry Average

Valuation MT7 Industry Range
Price/Earnings 20.5x
Price/Sales 1.8x
Price/Book 4.1x
Price/Cash Flow 20.0x
TEV/Sales 1.5x
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