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NYSE:MTRN

Materion Stock Forecast, Price & News

$52.00
+0.82 (+1.60 %)
(As of 09/19/2020 12:27 AM ET)
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Today's Range
$51.32
Now: $52.00
$52.49
50-Day Range
$50.50
MA: $56.01
$61.72
52-Week Range
$26.15
Now: $52.00
$65.97
Volume350,300 shs
Average Volume135,744 shs
Market Capitalization$1.06 billion
P/E Ratio49.52
Dividend Yield0.88%
Beta1.41
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 in four segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. The Performance Alloys and Composites segment provides copper and nickel products in plate, rod, bar, tube, wire product forms, as well as 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 and non-precious metals, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-fine wires for use 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 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars


Industry, Sector and Symbol

Industry Metal forgings & stampings
Sub-IndustryDiversified Metals & Mining
CUSIP57669010
Phone216-486-4200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.19 billion
Cash Flow$5.32 per share
Book Value$29.93 per share

Profitability

Net Income$50.66 million

Miscellaneous

Employees2,600
Market Cap$1.06 billion
Next Earnings Date10/22/2020 (Estimated)
OptionableOptionable
$52.00
+0.82 (+1.60 %)
(As of 09/19/2020 12:27 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Materion (NYSE:MTRN) Frequently Asked Questions

How has Materion's stock been impacted by COVID-19?

Materion's stock was trading at $39.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTRN shares have increased by 33.0% and is now trading at $52.00.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Materion?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Materion in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Materion
.

When is Materion's next earnings date?

Materion is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Materion
.

How were Materion's earnings last quarter?

Materion Corp (NYSE:MTRN) issued its earnings results on Thursday, July, 23rd. The basic materials company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.07. The basic materials company had revenue of $271.50 million for the quarter, compared to analysts' expectations of $282.55 million. Materion had a net margin of 1.92% and a return on equity of 8.25%. The firm's revenue was down 8.6% on a year-over-year basis. During the same period last year, the business earned $0.88 EPS.
View Materion's earnings history
.

How often does Materion pay dividends? What is the dividend yield for Materion?

Materion declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.115 per share on Friday, September 4th. This represents a $0.46 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Monday, August 17th.
View Materion's dividend history
.

What price target have analysts set for MTRN?

2 equities research analysts have issued twelve-month target prices for Materion's stock. Their forecasts range from $66.00 to $70.00. On average, they anticipate Materion's share price to reach $68.00 in the next year. This suggests a possible upside of 30.8% from the stock's current price.
View analysts' price targets for Materion
.

Are investors shorting Materion?

Materion saw a drop in short interest in August. As of August 31st, there was short interest totaling 270,800 shares, a drop of 22.7% from the August 15th total of 350,100 shares. Based on an average daily volume of 113,300 shares, the short-interest ratio is currently 2.4 days. Approximately 1.4% of the company's shares are sold short.
View Materion's Short Interest
.

Who are some of Materion's key competitors?

What other stocks do shareholders of Materion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Materion investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Endologix (ELGX), AbbVie (ABBV), Costco Wholesale (COST), Micron Technology (MU), Starbucks (SBUX) and Agrium (AGU).

Who are Materion's key executives?

Materion's management team includes the following people:
  • Mr. Jugal K. Vijayvargiya, CEO, Pres & Director (Age 51)
  • Mr. Joseph P. Kelley, CFO & VP of Fin. (Age 46)
  • Mr. Gregory R. Chemnitz, VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Marc Rands, VP of Global Operations
  • Dr. Ian Tribick Ph.D., Chief Technology & Marketing Officer

What is Materion's stock symbol?

Materion trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTRN."

Who are Materion's major shareholders?

Materion's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.59%), Nuveen Asset Management LLC (2.09%), Bank of New York Mellon Corp (1.95%), Gamco Investors INC. ET AL (1.75%), Granite Investment Partners LLC (1.55%) and Goldman Sachs Group Inc. (1.46%). Company insiders that own Materion stock include Craig S Shular, Gregory R Chemnitz and Vinod M Khilnani.
View institutional ownership trends for Materion
.

Which major investors are selling Materion stock?

MTRN stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Federated Hermes Inc., Uniplan Investment Counsel Inc., Assenagon Asset Management S.A., Grantham Mayo Van Otterloo & Co. LLC, and Thrivent Financial for Lutherans. Company insiders that have sold Materion company stock in the last year include Craig S Shular, Gregory R Chemnitz, and Vinod M Khilnani.
View insider buying and selling activity for Materion
.

Which major investors are buying Materion stock?

MTRN stock was purchased by a variety of institutional investors in the last quarter, including ACK Asset Management LLC, Bank of New York Mellon Corp, Granite Investment Partners LLC, Ziegler Capital Management LLC, Heartland Advisors Inc., Mackay Shields LLC, Natixis Advisors L.P., and First Trust Advisors LP.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Materion's stock price today?

One share of MTRN stock can currently be purchased for approximately $52.00.

How big of a company is Materion?

Materion has a market capitalization of $1.06 billion and generates $1.19 billion in revenue each year. The basic materials company earns $50.66 million in net income (profit) each year or $3.19 on an earnings per share basis. Materion employs 2,600 workers across the globe.

What is Materion's official website?

The official website for Materion is www.materion.com.

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]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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