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. $38.61 +0.67 (+1.77%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$37.77▼$38.8450-Day Range$30.09▼$38.6152-Week Range$22.12▼$38.84Volume155,730 shsAverage Volume131,340 shsMarket Capitalization$1.17 billionP/E RatioN/ADividend Yield2.38%Price Target$45.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Matthews International MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside16.6% Upside$45.00 Price TargetShort InterestBearish1.89% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.24Based on 11 Articles This WeekInsider TradingSelling Shares$301,700 Sold Last QuarterProj. 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.2.18 out of 5 starsConsumer Staples Sector57th 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 $45.00, Matthews International has a forecasted upside of 16.6% from its current price of $38.61.Amount of Analyst CoverageMatthews International has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.89% 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 4.3.Change versus previous monthShort interest in Matthews International has recently increased by 2.51%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldMatthews International pays a meaningful dividend of 2.38%, 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 1.8 News and Social Media Coverage News SentimentMatthews International has a news sentiment score of 0.24. 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 lower news sentiment than the 0.53 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Matthews International this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for MATW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Matthews International to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matthews International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $301,700.00 in 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 -15.57, 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 -15.57, 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 2.33. 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 HeadlinesFebruary 4, 2023 | americanbankingnews.comMatthews International (NASDAQ:MATW) Sets New 1-Year High at $38.17February 3, 2023 | americanbankingnews.comB. Riley Equities Analysts Increase Earnings Estimates for Matthews International Co. (NASDAQ:MATW)February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 31, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for Matthews International Co.'s Q2 2023 Earnings (NASDAQ:MATW)January 30, 2023 | markets.businessinsider.comB.Riley Financial Keeps Their Buy Rating on Matthews International (MATW)January 28, 2023 | americanbankingnews.comMatthews International (NASDAQ:MATW) Hits New 1-Year High After Dividend AnnouncementJanuary 27, 2023 | msn.comUpdate: MATW, January 27January 27, 2023 | seekingalpha.comMatthews International Corporation (MATW) Q1 2023 Earnings Call TranscriptFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.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 Earnings11/17/2022Ex-Dividend for 12/12 Dividend11/25/2022Dividend Payable12/12/2022Ex-Dividend for 2/20 Dividend2/03/2023Today2/05/2023Dividend Payable2/20/2023Next 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+16.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.48) Trailing P/E RatioN/A Forward P/E Ratio13.45 P/E GrowthN/ANet Income$-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 / Sales0.67 Cash Flow$6.35 per share Price / Cash Flow6.08 Book Value$16.60 per share Price / Book2.33Miscellaneous Outstanding Shares30,420,000Free Float29,355,000Market Cap$1.17 billion OptionableOptionable Beta1.16 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 CompetitorsBeyond MeatNASDAQ:BYNDFranchise GroupNASDAQ:FRGEuropean Wax CenterNASDAQ:EWCZB&G FoodsNYSE:BGSMedifastNYSE:MEDView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 22,768 shares on 2/2/2023Ownership: 0.958%Bailard Inc.Sold 1,000 shares on 2/2/2023Ownership: 0.076%Congress Wealth Management LLC DE Bought 10,000 shares on 2/2/2023Ownership: 0.033%NorthCrest Asset Manangement LLCBought 600 shares on 2/1/2023Ownership: 0.100%Zurcher Kantonalbank Zurich Cantonalbank Sold 1,623 shares on 2/1/2023Ownership: 0.015%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 brokerages have issued 1 year price targets for Matthews International's stock. Their MATW share price forecasts range from $45.00 to $45.00. On average, they expect the company's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 16.6% 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 at the beginning of the year. Since then, MATW stock has increased by 26.8% and is now trading at $38.61. 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) announced its quarterly earnings results on Thursday, November, 17th. The company reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.07. The company earned $457.13 million during the quarter, compared to analyst estimates of $415.53 million. Matthews International had a negative net margin of 4.30% and a positive trailing twelve-month return on equity of 15.06%. How often does Matthews International pay dividends? What is the dividend yield for Matthews International? Matthews International announced a quarterly dividend on Wednesday, January 25th. Shareholders 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 dividend yield of 2.38%. The ex-dividend date is Friday, February 3rd. Read our dividend analysis for MATW. 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 2.38%. 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 ProShare Advisors LLC (0.96%), Allspring Global Investments Holdings LLC (0.94%), New York State Common Retirement Fund (0.64%), Ceredex Value Advisors LLC (0.63%), Seizert Capital Partners LLC (0.54%) and Kestrel Investment Management Corp (0.26%). Insiders that own company stock include Brian J Dunn, David A Schawk, Edward M Brady Jr, Joseph C Bartolacci, Ronald C Awenowicz, Steven F Nicola and Tunon Alvaro Garcia. 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 $38.61. How much money does Matthews International make? Matthews International (NASDAQ:MATW) has a market capitalization of $1.17 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 2/5/2023 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. 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