Materion Corporation manufactures and sells advanced engineered materials used in consumer electronics, industrial components, defense, medical, automotive electronics, telecommunications infrastructure, energy, commercial aerospace, science, services, and appliance markets worldwide. The company operates through Performance Alloys and Composites, Advanced Materials, and Precision Coatings segments. The Performance Alloys and Composites segment provides copper and nickel manufactured in plate, rod, bar, tube, wire product forms, and other customized shapes; thick precision strip products; beryllium hydroxide; and beryllium products, such as beryllium and aluminum metal matrix composites, beryllia ceramics, and bulk metallic glass materials. This segment also produces strip metal products with clad inlay and overlay metals consisting of precious and base metals electroplated systems, electron beam welded systems, contour profiled systems, and solder-coated metal systems. The Advanced Materials segment provides advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-fine wire. Its products are used in the consumer electronics, industrial components, and telecommunications infrastructure end markets. The Precision Coatings segment produces sputter-coated precision thin film coatings and optical filter materials. Materion Corporation distributes its products through a combination of company-owned facilities, and independent distributors and agents. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was founded in 1931 and is headquartered in Mayfield Heights, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal forgings & stampings
Sub-IndustryDiversified Metals & Mining
SectorBasic Materials
SymbolNYSE:MTRN
CUSIP57669010
Phone216-486-4200
Debt
Debt-to-Equity Ratio0.01
Current Ratio3.48
Quick Ratio1.58
Price-To-Earnings
Trailing P/E Ratio32.41
Forward P/E Ratio26.67
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.14 billion
Price / Sales0.99
Cash Flow$3.9943 per share
Price / Cash14.02
Book Value$24.69 per share
Price / Book2.27
Profitability
EPS (Most Recent Fiscal Year)$1.72
Net Income$11.45 million
Net Margins1.58%
Return on Equity7.83%
Return on Assets5.03%
Miscellaneous
Employees2,700
Outstanding Shares20,190,000
Market Cap$1,113.51
Materion (NYSE:MTRN) Frequently Asked Questions
What is Materion's stock symbol?
Materion trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."
How often does Materion pay dividends? What is the dividend yield for Materion?
Materion announced a quarterly dividend on Thursday, May 3rd. Investors of record on Wednesday, May 16th will be given a dividend of $0.105 per share on Friday, June 1st. This represents a $0.42 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Tuesday, May 15th. This is a positive change from Materion's previous quarterly dividend of $0.10. View Materion's Dividend History.
How were Materion's earnings last quarter?
Materion Corp (NYSE:MTRN) released its quarterly earnings data on Thursday, April, 26th. The basic materials company reported $0.51 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.07. The basic materials company had revenue of $303.50 million for the quarter, compared to analysts' expectations of $300.73 million. Materion had a net margin of 1.58% and a return on equity of 7.83%. The firm's revenue for the quarter was up 26.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.29 earnings per share. View Materion's Earnings History.
When is Materion's next earnings date?
What guidance has Materion issued on next quarter's earnings?
Materion updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.07.
What price target have analysts set for MTRN?
2 brokers have issued 12 month price objectives for Materion's shares. Their forecasts range from $48.00 to $48.00. On average, they anticipate Materion's stock price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 14.3%. View Analyst Ratings for Materion.
What is the consensus analysts' recommendation for Materion?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Materion's key competitors?
Some companies that are related to Materion include John Wood Group (WG), AltaGas (ALA), Whitehaven Coal (WHC), Cameco (CCJ), Valvoline (VVV), Kirkland Lake Gold (KL), KAZ Minerals (KAZ), Lundin Mining (LUNMF), Fletcher Building (FBU), HITACHI Chem Co/ADR (HCHMY), Worleyparsons (WOR), Versum Materials (VSM), Northern Star Resources (NST), Parkland Fuel (PKI) and RPC Group (RPCGF).
Who are Materion's key executives?
Materion's management team includes the folowing people:
- Mr. Jugal K. Vijayvargiya, Chief Exec. Officer, Pres and Director (Age 50)
- Mr. Joseph P. Kelley, Chief Financial Officer and VP of Fin. (Age 45)
- Mr. Gregory R. Chemnitz, VP, Gen. Counsel and Sec. (Age 60)
- Mr. Marc Rands, VP of Global Operations
- Dr. Ian Tribick Ph.D., Chief Technology & Marketing Officer
Has Materion been receiving favorable news coverage?
Headlines about MTRN stock have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Materion earned a media sentiment score of 0.16 on Accern's scale. They also assigned media stories about the basic materials company an impact score of 46.60 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Materion's major shareholders?
Materion's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include GAMCO INVESTORS, INC. ET AL (5.65%) and Capital One National Association (0.06%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz, Joseph P Keithley, Joseph P Kelley, N Mohan Reddy and Richard J Hipple. View Institutional Ownership Trends for Materion.
Which institutional investors are selling Materion stock?
MTRN stock was sold by a variety of institutional investors in the last quarter, including Capital One National Association. Company insiders that have sold Materion company stock in the last year include Craig S Shular, Gregory R Chemnitz, Joseph P Keithley, Joseph P Kelley, N Mohan Reddy and Richard J Hipple. View Insider Buying and Selling for Materion.
How do I buy shares of Materion?
Shares of MTRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Materion's stock price today?
One share of MTRN stock can currently be purchased for approximately $56.00.
How big of a company is Materion?
Materion has a market capitalization of $1.11 billion and generates $1.14 billion in revenue each year. The basic materials company earns $11.45 million in net income (profit) each year or $1.72 on an earnings per share basis. Materion employs 2,700 workers across the globe.
How can I contact Materion?
Materion's mailing address is 6070 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH, 44124. The basic materials company can be reached via phone at 216-486-4200 or via email at [email protected]
MarketBeat Community Rating for Materion (NYSE MTRN)
MarketBeat's community ratings are surveys of what our community members think about Materion and other stocks. Vote "Outperform" if you believe MTRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
