NASDAQ:MATW Matthews International (MATW) Stock Forecast, Price & News $41.74 +2.28 (+5.78%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$39.52▼$41.9850-Day Range$35.11▼$41.7452-Week Range$22.12▼$41.98Volume146,234 shsAverage Volume118,283 shsMarket Capitalization$1.27 billionP/E RatioN/ADividend Yield2.20%Price Target$50.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Matthews International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside19.8% Upside$50.00 Price TargetShort InterestHealthy1.83% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.79Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth12.41%From $2.74 to $3.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.41 out of 5 starsConsumer Staples Sector42nd out of 138 stocksNonferrous Foundries (Castings) Industry1st out of 2 stocks 2.5 Analyst's Opinion Consensus RatingMatthews International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.00, Matthews International has a forecasted upside of 19.8% from its current price of $41.74.Amount of Analyst CoverageMatthews International has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.83% of the float of Matthews International has been sold short.Short Interest Ratio / Days to CoverMatthews International has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Matthews International has recently decreased by 5.40%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldMatthews International pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMatthews International has been increasing its dividend for 27 years.Dividend SustainabilityBased on earnings estimates, Matthews International will have a dividend payout ratio of 29.87% next year. This indicates that Matthews International will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MATW. Previous Next 2.7 News and Social Media Coverage News SentimentMatthews International has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Matthews International this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matthews International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.50% of the stock of Matthews International is held by insiders.Percentage Held by Institutions81.25% of the stock of Matthews International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Matthews International are expected to grow by 12.41% in the coming year, from $2.74 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matthews International is -19.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Matthews International is -19.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMatthews International has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Matthews International (NASDAQ:MATW) StockMatthews International Corp. engages in the provision of brand solutions, memorialization products, and industrial technologies. It operates through the following segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment consists of bronze and granite memorials, and other memorialization products, caskets and cremation and incineration equipment for the cemetery and funeral home industries. The Industrial Technologies segment includes marking and coding equipment and consumables, industrial automation products and order fulfillment systems for identifying, tracking, picking, and conveying consumer, and industrial products. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded by John Dixon Matthews in 1850 and is headquartered in Pittsburgh, PA.Read More Receive MATW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Matthews International and its competitors with MarketBeat's FREE daily newsletter. Email Address MATW Stock News HeadlinesJune 6, 2023 | forbes.comGlobetrotter Iain Matthews Shares His Muse WorldwideMay 22, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Matthews International (NASDAQ:MATW)June 7, 2023 | Behind the Markets (Ad)WARNING to all American InvestorsChina's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>May 4, 2023 | americanbankingnews.comMatthews International Co. (NASDAQ:MATW) Declares Quarterly Dividend of $0.23May 1, 2023 | americanbankingnews.comMatthews International (NASDAQ:MATW) PT Raised to $50.00April 29, 2023 | seekingalpha.comMatthews International: Backlog Comes ThroughApril 28, 2023 | forbes.comWhy Matthews International’s (MATW) Stock Popped TodayApril 28, 2023 | seekingalpha.comMatthews International Corporation 2023 Q2 - Results - Earnings Call PresentationJune 7, 2023 | Behind the Markets (Ad)WARNING to all American InvestorsChina's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>April 28, 2023 | finanznachrichten.deMatthews International Corporation: Matthews International Reports Results for Fiscal 2023 Second QuarterApril 28, 2023 | msn.comMatthews International - (MATW) Declares $0.23 DividendApril 27, 2023 | finance.yahoo.comMatthews International (MATW) Q2 Earnings and Revenues Surpass EstimatesApril 27, 2023 | finance.yahoo.comMatthews International Reports Results for Fiscal 2023 Second QuarterApril 27, 2023 | finance.yahoo.comMatthews International Reports Results for Fiscal 2023 Second QuarterApril 26, 2023 | markets.businessinsider.comHere's what Wall Street expects from Matthews International's earningsApril 26, 2023 | americanbankingnews.comMatthews International (MATW) Set to Announce Quarterly Earnings on ThursdayApril 23, 2023 | finance.yahoo.comMatthews International's (NASDAQ:MATW) Returns On Capital Not Reflecting Well On The BusinessApril 13, 2023 | finance.yahoo.comMatthews International Announces Second Quarter Fiscal 2023 Earnings Release and Conference CallApril 13, 2023 | finance.yahoo.comMatthews International Announces Second Quarter Fiscal 2023 Earnings Release and Conference CallMarch 23, 2023 | finance.yahoo.comMatthews International's (NASDAQ:MATW) investors will be pleased with their notable 88% return over the last three yearsFebruary 17, 2023 | bizjournals.comMatthews shareholders approve compensation planFebruary 13, 2023 | finance.yahoo.comRecent Price Trend in Matthews International (MATW) is Your Friend, Here's WhyJanuary 30, 2023 | markets.businessinsider.comB.Riley Financial Keeps Their Buy Rating on Matthews International (MATW)January 27, 2023 | msn.comUpdate: MATW, January 27January 27, 2023 | seekingalpha.comMatthews International Corporation (MATW) Q1 2023 Earnings Call TranscriptJanuary 27, 2023 | finanznachrichten.deMatthews International Corporation: Matthews International Reports Results for Fiscal 2023 First QuarterJanuary 26, 2023 | finance.yahoo.comMatthews International (MATW) Beats Q1 Earnings and Revenue EstimatesSee More Headlines MATW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MATW Company Calendar Last Earnings11/18/2021Ex-Dividend for 5/22 Dividend5/05/2023Dividend Payable5/22/2023Today6/07/2023Next Earnings (Estimated)7/27/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nonferrous foundries (castings) Sub-IndustrySpecialized Consumer Services SectorConsumer Staples Current SymbolNASDAQ:MATW CUSIP57712810 CIK63296 Webwww.matw.com Phone(412) 442-8200Fax412-442-8290Employees12,000Year Founded1850Price Target and Rating Average Stock Price Forecast$50.00 High Stock Price Forecast$50.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+19.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.13) Trailing P/E RatioN/A Forward P/E Ratio15.23 P/E GrowthN/ANet Income$-99,770,000.00 Net Margins-3.61% Pretax Margin-3.41% Return on Equity15.29% Return on Assets4.22% Debt Debt-to-Equity Ratio1.51 Current Ratio1.57 Quick Ratio0.92 Sales & Book Value Annual Sales$1.76 billion Price / Sales0.72 Cash Flow$6.80 per share Price / Cash Flow6.14 Book Value$15.91 per share Price / Book2.62Miscellaneous Outstanding Shares30,460,000Free Float29,392,000Market Cap$1.27 billion OptionableOptionable Beta1.12 Social Links Key ExecutivesJoseph Carlo BartolacciPresident, Chief Executive Officer & DirectorSteven Francis NicolaChief Financial Officer & SecretaryGregory S. BabeDirector & Chief Technology OfficerDavor BrkovichChief Information OfficerBrian Dixon WaltersExecutive Vice President & General CounselKey CompetitorsBRCNYSE:BRCCFresh Del Monte ProduceNYSE:FDPUniversalNYSE:UVVChefs' WarehouseNASDAQ:CHEFDutch BrosNYSE:BROSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 47,303 shares on 5/26/2023Ownership: 0.801%Ameriprise Financial Inc.Bought 125,465 shares on 5/22/2023Ownership: 3.498%New York State Common Retirement FundSold 4,275 shares on 5/18/2023Ownership: 0.630%JPMorgan Chase & Co.Bought 7,152 shares on 5/18/2023Ownership: 0.197%Thrivent Financial for LutheransSold 1,247 shares on 5/17/2023Ownership: 0.099%View All Insider TransactionsView All Institutional Transactions MATW Stock - Frequently Asked Questions Should I buy or sell Matthews International stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Matthews International in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MATW shares. View MATW analyst ratings or view top-rated stocks. What is Matthews International's stock price forecast for 2023? 1 equities research analysts have issued 12 month price targets for Matthews International's shares. Their MATW share price forecasts range from $50.00 to $50.00. On average, they expect the company's stock price to reach $50.00 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View analysts price targets for MATW or view top-rated stocks among Wall Street analysts. How have MATW shares performed in 2023? Matthews International's stock was trading at $30.44 at the beginning of the year. Since then, MATW stock has increased by 37.1% and is now trading at $41.74. View the best growth stocks for 2023 here. When is Matthews International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our MATW earnings forecast. How were Matthews International's earnings last quarter? Matthews International Co. (NASDAQ:MATW) issued its quarterly earnings results on Thursday, November, 18th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.05. The firm earned $438.84 million during the quarter, compared to analyst estimates of $386.10 million. Matthews International had a negative net margin of 3.61% and a positive trailing twelve-month return on equity of 15.29%. During the same quarter last year, the firm earned $1.11 EPS. How often does Matthews International pay dividends? What is the dividend yield for Matthews International? Matthews International announced a quarterly dividend on Wednesday, April 26th. Investors of record on Monday, May 8th will be paid a dividend of $0.23 per share on Monday, May 22nd. This represents a $0.92 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, May 5th. Read our dividend analysis for MATW. What ETFs hold Matthews International's stock? ETFs with the largest weight of Matthews International (NASDAQ:MATW) stock in their portfolio include Gabelli Automation ETF (GAST), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Industrials ETF (PSCI), iShares US Small Cap Value Factor ETF (SVAL), Invesco Nasdaq Future Gen 200 ETF (QQQS), iShares S&P Small-Cap 600 Value ETF (IJS) and IQ Chaikin U.S. Small Cap ETF (CSML). Is Matthews International a good dividend stock? Matthews International (NASDAQ:MATW) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.36%. Read our dividend analysis for MATW. What is Joseph C. Bartolacci's approval rating as Matthews International's CEO? 59 employees have rated Matthews International Chief Executive Officer Joseph C. Bartolacci on Glassdoor.com. Joseph C. Bartolacci has an approval rating of 51% among the company's employees. This puts Joseph C. Bartolacci in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Matthews International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Matthews International investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Abbott Laboratories (ABT), Gilead Sciences (GILD), Medtronic (MDT), Marathon Petroleum (MPC), Realty Income (O) and PepsiCo (PEP). What is Matthews International's stock symbol? Matthews International trades on the NASDAQ under the ticker symbol "MATW." Who are Matthews International's major shareholders? Matthews International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.15%), Dimensional Fund Advisors LP (4.73%), State Street Corp (3.75%), Gamco Investors INC. ET AL (3.59%), Ameriprise Financial Inc. (3.50%) and Aristotle Capital Boston LLC (3.38%). Insiders that own company stock include Brian J Dunn, David A Schawk, Edward M Brady Jr, Joseph C Bartolacci, Ronald C Awenowicz and Steven F Nicola. View institutional ownership trends. How do I buy shares of Matthews International? Shares of MATW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Matthews International's stock price today? One share of MATW stock can currently be purchased for approximately $41.74. How much money does Matthews International make? Matthews International (NASDAQ:MATW) has a market capitalization of $1.27 billion and generates $1.76 billion in revenue each year. The company earns $-99,770,000.00 in net income (profit) each year or ($2.13) on an earnings per share basis. How many employees does Matthews International have? The company employs 12,000 workers across the globe. How can I contact Matthews International? Matthews International's mailing address is TWO NORTHSHORE CENTER, PITTSBURGH PA, 15212. The official website for the company is www.matw.com. The company can be reached via phone at (412) 442-8200, via email at nicola@matthewsintl.com, or via fax at 412-442-8290. This page (NASDAQ:MATW) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Matthews International Co. 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