MATW Matthews International Corp Cl A Stock Price & News

Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The company’s Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews’ revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares.

• Matthews International delivered earnings and revenue surprises of 8.16% and 2.20%, respectively, for the quarter ended December 2022.
• 1 analysts have issued 1-year target prices for Matthews International’s shares.
• In the past three months, Matthews International insiders have not sold or bought any company stock.
• Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year.
• CompareMATW’s historical performanceagainst its industry peers and the overall market.

Matthews International is one of the stocks recommended in our market-beating investment newsletter, Forbes Investor. To find more beaten down, undervalued stocks with significant upside like MATW, try Forbes Investor here. Live from Hong Kong, bringing you the most important global business and breaking markets news information as it happens. A roundup of the latest corporate earnings reports and what companies are saying about future quarters. 59 employees have rated Matthews International Chief Executive Officer Joseph C. Bartolacci on Glassdoor.com.

Matthews International Corporation (MATW)

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Hayley Matthews smashed 47 off 31 balls before the Indian captain took over. In the company of Amelia Kerr , Harmanpreet scored runs at a brisk pace to set their opponents a… Only 4 people have searched for MATW on MarketBeat in the last 30 days.

fiscal area may be intentionally delayed pursuant to supplier requirements. Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth.

MarketBeat has tracked 18 news articles for Matthews International this week, compared to 2 articles on an average week. Matthews International has been increasing its dividend for 27 years. Short interest in Matthews International has recently decreased by 8.59%, indicating that investor sentiment is improving significantly.

Financial Performance

Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Future Publishing via Getty ImagesShares of Matthews International gained almost 6% today following the release of strong fiscal 2023 Q2 results last night. Matthews International Corporation share price live 39.54, this page displays NASDAQ MATW stock exchange data. View the MATW premarket stock price ahead of the market session or assess the after hours quote.

https://1investing.in/ Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Investing.com – Matthews reported on Thursday fourth quarter erl-16567||earnings that beat analysts’ forecasts and revenue that topped expectations. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and mo…

What is Matthews International Corp Class A’s stock style?

Sign-up to receive the latest news and ratings for Matthews International and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Matthews International is -18.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Matthews International pays a meaningful dividend of 2.56%, higher than the bottom 25% of all stocks that pay dividends. The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction.

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.

If you are looking for stocks that are well positioned to maintain their recent uptrend, Matthews International could be a great choice. It is one of the several stocks that passed through our “Recent… Realtime quote and/or trades are not sourced from all markets. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.

1 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Matthews International in the last twelve months. The consensus among Wall Street equities research analysts is that investors should “buy” MATW shares. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023.

Real-time analyst ratings, insider transactions, earnings data, and more. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Consumer Staples companies. Based 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.

We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Nevertheless, we are always paying attention to the latest… Do the numbers hold clues to what lies ahead for the stock…

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 1 analysts have issued 1-year target prices for Matthews International’s shares. Their MATW share price forecasts range from $50.00 to $50.00. On average, they expect the company’s share price to reach $50.00 in the next year.

Could Energy Storage Solutions Send Matthews’ (NASDAQ:MATW) Stock Higher?

Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Matthews declared a quarterly dividend of $0.23 per share, or $0.92 annualized.The dividend will be payable on May 22, 2023, to stockholders of record on May 8, 2023, with an…

Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

Research Report for MATW

According to one analyst, the rating for MATW stock is “Strong Buy” and the 12-month stock price forecast is $45.0. Matthews International’s stock is owned by a variety of retail and institutional investors. 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. Matthews International declared a quarterly dividend on Wednesday, April 26th. Stockholders of record on Monday, May 8th will be given a dividend of $0.23 per share on Monday, May 22nd.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Intraday Data provided by FACTSET and subject to terms of use.

Media

They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. Matthews International saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 483,100 shares, a drop of 8.6% from the March 31st total of 528,500 shares. Based on an average daily trading volume, of 124,300 shares, the days-to-cover ratio is currently 3.9 days.

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Provide specific products and services to you, such as portfolio management or data aggregation. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. CompareMATW’s historical performanceagainst its industry peers and the overall market.

This suggests a possible upside of 26.5% from the stock’s current price. View analysts price targets for MATW or view top-rated stocks among Wall Street analysts. High-growth stocks tend to represent the technology, healthcare, and communications sectors.