Materion Corporation (MTRN)
NYSE: MTRN · Real-Time Price · USD
114.44
-2.47 (-2.11%)
Nov 15, 2024, 4:00 PM EST - Market closed
Materion Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Materion stock have an average target of 143.5, with a low estimate of 135 and a high estimate of 152. The average target predicts an increase of 25.39% from the current stock price of 114.44.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 2, 2024.
Analyst Ratings
The average analyst rating for Materion stock from 2 stock analysts is "Strong Buy". This means that analysts believe 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 | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy Maintains $150 → $135 | Strong Buy | Maintains | $150 → $135 | +17.97% | Oct 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $156 → $152 | Buy | Maintains | $156 → $152 | +32.82% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $157 → $156 | Buy | Maintains | $157 → $156 | +36.32% | Apr 1, 2024 |
| Keybanc | Keybanc | Buy Maintains $140 → $157 | Buy | Maintains | $140 → $157 | +37.19% | Feb 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $130 → $140 | Buy | Maintains | $130 → $140 | +22.33% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
1.72B
from 1.67B
Increased by 3.05%
Revenue Next Year
1.82B
from 1.72B
Increased by 6.06%
EPS This Year
5.37
from 4.58
Increased by 17.20%
EPS Next Year
6.17
from 5.37
Increased by 14.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 2.0B | 2.1B |
| Avg | 1.7B | 1.8B | 2.0B |
| Low | 1.6B | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.5% | 13.8% | 17.5% |
| Avg | 3.1% | 6.1% | 8.2% |
| Low | -2.0% | 0.2% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.54 | 6.67 | 7.84 |
| Avg | 5.37 | 6.17 | 7.62 |
| Low | 5.15 | 5.49 | 7.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.0% | 24.2% | 27.2% |
| Avg | 17.2% | 14.9% | 23.6% |
| Low | 12.3% | 2.2% | 18.7% |
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.