Positive News Sentiment NASDAQ:MATW Matthews International - MATW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Matthews International Co. Please log in to your account or sign up in order to add this asset to your watchlist. $34.73 +0.22 (+0.64%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$34.15▼$34.8850-Day Range$34.51▼$39.3952-Week Range$22.12▼$39.64Volume94,004 shsAverage Volume145,961 shsMarket Capitalization$1.06 billionP/E RatioN/ADividend Yield2.65%Price Target$45.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Matthews International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.6% Upside$45.00 Price TargetShort InterestBearish1.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.73Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth7.32%From $2.87 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.2.58 out of 5 starsConsumer Staples Sector29th out of 136 stocksNonferrous Foundries (Castings) Industry1st out of 2 stocks 3.5 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 $45.00, Matthews International has a forecasted upside of 29.6% from its current price of $34.73.Amount of Analyst CoverageMatthews International has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.91% 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 4.1.Change versus previous monthShort interest in Matthews International has recently increased by 11.28%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldMatthews International pays a meaningful dividend of 2.60%, 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 3.2 News and Social Media Coverage News SentimentMatthews International has a news sentiment score of 1.73. 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 0.52 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Matthews International this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for MATW on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Matthews International to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. 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 7.32% in the coming year, from $2.87 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matthews International is -14.00, 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 -14.00, 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 2.18. 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 HeadlinesMarch 23, 2023 | finance.yahoo.comMatthews International's (NASDAQ:MATW) investors will be pleased with their notable 88% return over the last three yearsMarch 15, 2023 | americanbankingnews.comMatthews International Co. (NASDAQ:MATW) Short Interest UpdateMarch 25, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. February 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 TranscriptMarch 25, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. January 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 EstimatesJanuary 25, 2023 | msn.comMatthews International's Earnings: A PreviewJanuary 24, 2023 | finance.yahoo.comMatthews International Corporation (NASDAQ:MATW) is a favorite amongst institutional investors who own 83%January 20, 2023 | msn.comAuston Matthews Hits Two Goals ThursdayJanuary 19, 2023 | bizjournals.comMatthews International to add member to its boardJanuary 19, 2023 | msn.comMatthews bags SJAK coach of the month awardJanuary 18, 2023 | msn.comMichael Matthews moves up to second on Tour Down Under GC after time bonus pounceJanuary 18, 2023 | msn.comMatthews moves to second overall at TourJanuary 17, 2023 | msn.comMatthews woman lands ‘monster’ movie roleJanuary 12, 2023 | finance.yahoo.comMatthews International Announces First Quarter Fiscal 2023 Earnings Release and Conference CallJanuary 12, 2023 | finance.yahoo.comMatthews International Announces First Quarter Fiscal 2023 Earnings Release and Conference CallJanuary 3, 2023 | forbes.comUpdate: MATW, January 3January 2, 2023 | finance.yahoo.comMatthews International Wins Over $200 Million in Orders in Fiscal 2023 First Quarter For the Energy Solutions BusinessDecember 30, 2022 | finance.yahoo.comMatthews International Enters Into Agreement With BaringtonDecember 29, 2022 | msn.comEmmitt Matthews Jr. Set to ReturnDecember 25, 2022 | finance.yahoo.comMatthews International Corporation (NASDAQ:MATW) Q4 2022 Earnings Call TranscriptNovember 23, 2022 | finance.yahoo.comMatthews International Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/18/2021Ex-Dividend for 2/20 Dividend2/03/2023Dividend Payable2/20/2023Today3/25/2023Next Earnings (Estimated)4/27/2023Fiscal 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$45.00 High Stock Price Forecast$45.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+29.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.48) Trailing P/E RatioN/A Forward P/E Ratio12.10 P/E GrowthN/ANet Income$-99,770,000.00 Net Margins-4.30% Pretax Margin-4.11% Return on Equity15.06% Return on Assets4.36% Debt Debt-to-Equity Ratio1.65 Current Ratio1.73 Quick Ratio1.06 Sales & Book Value Annual Sales$1.76 billion Price / Sales0.60 Cash Flow$6.22 per share Price / Cash Flow5.58 Book Value$15.91 per share Price / Book2.18Miscellaneous Outstanding Shares30,420,000Free Float29,355,000Market Cap$1.06 billion OptionableOptionable Beta1.14 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 CompetitorsB&G FoodsNYSE:BGSBRCNYSE:BRCCMedifastNYSE:MEDJohn B. Sanfilippo & SonNASDAQ:JBSSEuropean Wax CenterNASDAQ:EWCZView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCSold 290 shares on 2/28/2023Ownership: 0.040%Legal & General Group PlcBought 1,670 shares on 2/15/2023Ownership: 0.288%AQR Capital Management LLCSold 5,246 shares on 2/15/2023Ownership: 0.230%Public Employees Retirement System of OhioSold 3,695 shares on 2/15/2023Ownership: 0.022%Metropolitan Life Insurance Co NYSold 259 shares on 2/15/2023Ownership: 0.006%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 research analysts have issued "buy," "hold," and "sell" ratings for Matthews International in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12-month price targets for Matthews International's stock. Their MATW share price forecasts range from $45.00 to $45.00. On average, they predict the company's stock price to reach $45.00 in the next twelve months. This suggests a possible upside of 29.6% 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 on January 1st, 2023. Since then, MATW shares have increased by 14.1% and is now trading at $34.73. 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, April 27th 2023. View our MATW earnings forecast. How were Matthews International's earnings last quarter? Matthews International Co. (NASDAQ:MATW) issued its earnings results on Thursday, November, 18th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.05. The business had revenue of $438.84 million for the quarter, compared to analyst estimates of $386.10 million. Matthews International had a positive trailing twelve-month return on equity of 15.06% and a negative net margin of 4.30%. During the same period in the previous year, the firm posted $1.11 earnings per share. How often does Matthews International pay dividends? What is the dividend yield for Matthews International? Matthews International declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Monday, February 6th will be paid a dividend of $0.23 per share on Monday, February 20th. This represents a $0.92 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date is Friday, February 3rd. 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), Invesco Nasdaq Future Gen 200 ETF (QQQS), iShares US Small Cap Value Factor ETF (SVAL), SPDR S&P 600 Small CapValue ETF (SLYV) 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 2.60%. 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 variety of retail and institutional investors. Top institutional shareholders include Phoenix Holdings Ltd. (5.89%), Dimensional Fund Advisors LP (4.95%), Gamco Investors INC. ET AL (3.64%), Aristotle Capital Boston LLC (3.30%), Palisade Capital Management LP (2.11%) and Geode Capital Management LLC (1.91%). 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 $34.73. How much money does Matthews International make? Matthews International (NASDAQ:MATW) has a market capitalization of $1.06 billion and generates $1.76 billion in revenue each year. The company earns $-99,770,000.00 in net income (profit) each year or ($2.48) 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 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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