Matthews International Corporation (MATW)
NASDAQ: MATW · Real-Time Price · USD
30.84
+5.35 (20.99%)
Nov 22, 2024, 4:00 PM EST - Market closed
Matthews International Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for MATW stock has a target of 40, which predicts an increase of 29.70% from the current stock price of 30.84.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 26, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for MATW is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $54 → $40 | Strong Buy | Maintains | $54 → $40 | +29.70% | Sep 26, 2024 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $61 → $59 | Strong Buy | Maintains | $61 → $59 | +91.31% | Feb 5, 2024 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $50 → $64 | Strong Buy | Maintains | $50 → $64 | +107.52% | Jul 31, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $50 → $45 | Strong Buy | Maintains | $50 → $45 | +45.91% | Jul 20, 2022 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $65 → $50 | Strong Buy | Maintains | $65 → $50 | +62.13% | Apr 29, 2020 |
Financial Forecast
Revenue This Year
1.83B
from 1.88B
Decreased by -2.97%
Revenue Next Year
1.83B
from 1.83B
Increased by 0.49%
EPS This Year
2.03
from 1.26
Increased by 61.50%
EPS Next Year
1.75
from 2.03
Decreased by -14.04%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.9B | 1.9B | 1.9B |
Avg | 1.8B | 1.8B | 1.9B |
Low | 1.8B | 1.7B | 1.8B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 0.0% | 4.3% | 4.6% |
Avg | -3.0% | 0.5% | 1.6% |
Low | -6.9% | -4.3% | -2.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.13 | 2.03 | 2.21 |
Avg | 2.03 | 1.75 | 2.14 |
Low | 1.92 | 1.47 | 2.06 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 69.2% | -0.4% | 26.1% |
Avg | 61.5% | -14.0% | 22.4% |
Low | 52.4% | -27.8% | 17.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.