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NASDAQ:MATW

Matthews International (MATW) Stock Price, News & Analysis

$28.10
-0.69 (-2.40%)
(As of 07/26/2024 ET)
Today's Range
$27.74
$29.16
50-Day Range
$23.52
$29.22
52-Week Range
$23.30
$48.86
Volume
141,623 shs
Average Volume
159,281 shs
Market Capitalization
$862.95 million
P/E Ratio
26.51
Dividend Yield
3.42%
Price Target
$59.00

Matthews International MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
110.0% Upside
$59.00 Price Target
Short Interest
Bearish
2.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of Matthews International in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.60%
From $2.53 to $2.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.22 out of 5 stars

Consumer Staples Sector

32nd out of 136 stocks

Nonferrous Foundries (Castings) Industry

1st out of 2 stocks

MATW stock logo

About Matthews International Stock (NASDAQ:MATW)

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.

MATW Stock Price History

MATW Stock News Headlines

Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Matthews International Declares Quarterly Dividend
Dave Ramsey Makes Big Mistake Live On Air
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Matthews International Refutes Tesla Allegations
Q2 2024 Matthews International Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 5/20 Dividend
5/03/2024
Dividend Payable
5/20/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Ex-Dividend for 8/19 Dividend
8/05/2024
Dividend Payable
8/19/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Nonferrous foundries (castings)
Sub-Industry
Specialized Consumer Services
Current Symbol
NASDAQ:MATW
CUSIP
57712810
Employees
12,000
Year Founded
1850

Price Target and Rating

Average Stock Price Target
$59.00
High Stock Price Target
$59.00
Low Stock Price Target
$59.00
Potential Upside/Downside
+111.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$39.29 million
Pretax Margin
1.51%

Debt

Sales & Book Value

Annual Sales
$1.88 billion
Cash Flow
$6.26 per share
Book Value
$17.24 per share

Miscellaneous

Free Float
29,451,000
Market Cap
$855.58 million
Optionable
Optionable
Beta
1.11

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Key Executives

  • Mr. Joseph C. Bartolacci (Age 64)
    CEO, President & Director
    Comp: $2.24M
  • Mr. Steven F. Nicola (Age 64)
    CFO & Corporate Secretary
    Comp: $1.19M
  • Mr. Brian D. Walters Esq. (Age 55)
    Executive VP & General Counsel
    Comp: $773.29k
  • Mr. Steven D. Gackenbach (Age 61)
    Executive VP & Group President of Memorialization
    Comp: $1.02M
  • Mr. Gary R. Kohl (Age 60)
    Executive VP & President of SGK Brand Solutions
    Comp: $735.24k
  • Mr. Ronald C. Awenowicz (Age 55)
    Senior Vice President of Global Compliance, Operations & N.A. Human Resources
  • Mr. Gregory S. Babe (Age 66)
    CTO, Group President of Industrial Technologies Segment & Director
    Comp: $786.05k
  • Mr. Davor Brkovich (Age 56)
    Head of IT & Chief Information Officer
  • Mr. William D. Wilson
    Senior Director of Corporate Development & Investor Relations
  • Ms. Reena Gurtner (Age 50)
    Senior Vice President of Human Resources

MATW Stock Analysis - Frequently Asked Questions

How have MATW shares performed this year?

Matthews International's stock was trading at $36.65 at the start of the year. Since then, MATW stock has decreased by 23.3% and is now trading at $28.10.
View the best growth stocks for 2024 here
.

How were Matthews International's earnings last quarter?

Matthews International Co. (NASDAQ:MATW) released its quarterly earnings results on Thursday, May, 2nd. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.24. The business earned $471.22 million during the quarter, compared to analysts' expectations of $469.38 million. Matthews International had a trailing twelve-month return on equity of 16.75% and a net margin of 1.77%.

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.

Who are Matthews International's major shareholders?

Top institutional shareholders of Matthews International include Allspring Global Investments Holdings LLC (2.13%), Bank of New York Mellon Corp (1.17%), Wedge Capital Management L L P NC (0.16%) and SummerHaven Investment Management LLC (0.05%). Insiders that own company stock include Joseph C Bartolacci, Aleta W Richards and Ronald C Awenowicz.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Matthews International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Matthews International investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Abbott Laboratories (ABT), Gilead Sciences (GILD) and Medtronic (MDT).

This page (NASDAQ:MATW) was last updated on 7/26/2024 by MarketBeat.com Staff

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