Matthews International Corporation (MATW)

NASDAQ: MATW · Real-Time Price · USD
31.02
-0.31 (-0.99%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.99%
Market Cap 960.65M
Revenue (ttm) 1.80B
Net Income (ttm) -59.66M
Shares Out 30.97M
EPS (ttm) -1.93
PE Ratio n/a
Forward PE 17.23
Dividend $1.00 (3.22%)
Ex-Dividend Date Dec 2, 2024
Volume 82,416
Open 31.67
Previous Close 31.33
Day's Range 30.86 - 31.94
52-Week Range 21.09 - 35.19
Beta 1.13
Analysts Strong Buy
Price Target 40.00 (+28.95%)
Earnings Date Feb 6, 2025

About MATW

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters,... [Read more]

Industry Conglomerates
Sector Industrials
IPO Date Jul 20, 1994
Employees 11,000
Stock Exchange NASDAQ
Ticker Symbol MATW
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for MATW stock is "Strong Buy" and the 12-month stock price forecast is $40.0.

Price Target
$40.0
(28.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Matthews International Announces First Quarter Fiscal 2025 Earnings Release and Conference Call

PITTSBURGH, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its first quarter fiscal year 2025 earnings results after the marke...

10 days ago - GlobeNewsWire

Barington Capital Group Files Definitive Proxy Statement for Matthews International's 2025 Annual Meeting

Sends Letter to Shareholders Outlining Barington Capital's Four-Step Plan to Drive Long-Term Value Creation at Matthews Highlights Need for New Directors and a New CEO Following Years of Share Price U...

10 days ago - PRNewsWire

Barington Capital Group Statement on Matthews International's Sale of SGK Brand Solutions

NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist inv...

12 days ago - PRNewsWire

Matthews International: The SGK Disposal Is Great News

The sale of SGK Brands Solutions at a higher-than-expected valuation is a major win, boosting Matthews International Corporation's stock price and aiding deleveraging efforts. The $250 million cash co...

12 days ago - Seeking Alpha

Matthews International to Sell SGK Brand Solutions

Matthews to sell SGK to a newly formed entity created by affiliates of SGS & Co Matthews to realize upfront consideration of $350 million and receive 40% interest in new entity Initial enterprise valu...

12 days ago - GlobeNewsWire

Barington Capital Group Files Preliminary Proxy Statement For Nomination of Ana Amicarella, Chan Galbato and James Mitarotonda for Election to the Matthews International Board of Directors

Nominations Follow Years of Stock Price Underperformance, Unacceptable Capital Allocation, Poor Execution, and Excessive Spending at Matthews Believes Director Candidates Have the Skills, Experience, ...

4 weeks ago - PRNewsWire

Matthews International Responds to Barington Capital and Affirms Board and Management's Focus on Driving Long-Term Value Creation

PITTSBURGH, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today issued the following statement in response to the recent stateme...

5 weeks ago - GlobeNewsWire

BARINGTON CAPITAL GROUP SENDS LETTER TO CHAIRMAN OF THE BOARD OF MATTHEWS INTERNATIONAL HIGHLIGHTING URGENT NEED FOR NEW LEADERSHIP

Calls for Prompt Replacement of CEO Joseph C. Bartolacci Following 18 Years of Unacceptable Capital Allocation, Dismal Share Price Performance, Poor Execution and Excessive Spending Believes Company M...

5 weeks ago - PRNewsWire

14 Upcoming Dividend Increases, Including A King

Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...

7 weeks ago - Seeking Alpha

Matthews International: Signs Of Deleveraging And Margin Improvement

Matthews International Corporation reported strong earnings, with cost control and deleveraging progress, despite issues in the EV market and marketing limitations for battery technology. The launch o...

2 months ago - Seeking Alpha

Matthews International Corporation (MATW) Q4 2024 Earnings Call Transcript

Matthews International Corporation (NASDAQ:MATW) Q4 2024 Earnings Conference Call November 22, 2024 9:00 AM ET Company Participants Bill Wilson - Senior Director-Corporate Development Joe Bartolacci ...

2 months ago - Seeking Alpha

Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2024

Financial Highlights : 4 th Quarter consolidated sales of $446.7 million; $1.80 billion for fiscal 2024 Outstanding debt reduced by $53.8 million during the quarter Cost reduction actions progressing ...

2 months ago - GlobeNewsWire

Matthews International Increases Quarterly Dividend

PITTSBURGH, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend...

2 months ago - GlobeNewsWire

Matthews International Announces Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call

PITTSBURGH, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2024 earnings results after the ...

2 months ago - GlobeNewsWire

Matthews International: Lawsuit Risks Loom, But Inflection Point Could Be Near

Matthews International faces challenges due to an outstanding Tesla lawsuit casting a pall, but historically low stock levels present a potential buying opportunity as operating metrics may improve. T...

3 months ago - Seeking Alpha

Matthews International Announces Proposed Private Offering of Senior Notes

PITTSBURGH, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (the “Company”) today announced a proposed private offering of senior secured second lien notes due...

4 months ago - GlobeNewsWire

Matthews International Corporation (MATW) Q3 2024 Earnings Call Transcript

Matthews International Corporation (NASDAQ:MATW) Q3 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Bill Wilson - Senior Director-Corporate Development Joe Bartolacci - P...

6 months ago - Seeking Alpha

Matthews International Reports Results for Fiscal 2024 Third Quarter

Fiscal 2024 Third Quarter Financial Highlights: Outstanding debt reduced by $12.6 million during the quarter 3 rd Quarter GAAP EPS of $0.06; non-GAAP adjusted EPS of $0.56 SGK Brand Solutions segment ...

6 months ago - GlobeNewsWire

Matthews International Declares Quarterly Dividend

PITTSBURGH, July 24, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend...

6 months ago - GlobeNewsWire

Matthews International Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call

PITTSBURGH, July 12, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2024 earnings results after the marke...

6 months ago - GlobeNewsWire

Matthews International Refutes Tesla Allegations

PITTSBURGH, June 17, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW). On Friday evening, June 14, 2024, Tesla filed a complaint in Federal District Court in the Northern...

7 months ago - GlobeNewsWire

Matthews International to Participate in B. Riley Securities 24th Annual Institutional Investor Conference

PITTSBURGH, May 15, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced that the company is scheduled to participate in B. Riley Securities 24th Annual Insti...

8 months ago - GlobeNewsWire

Matthews International Corporation (MATW) Q2 2024 Earnings Call Transcript

Matthews International Corporation (NASDAQ:MATW) Q2 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Bill Wilson – Senior Director-Corporate Development Joe Bartolacci – Pres...

9 months ago - Seeking Alpha

Matthews International Reports Results for Fiscal 2024 Second Quarter

Fiscal 2024 Second Quarter Financial Highlights: Outstanding debt reduced by $19.6 million; net debt lower by $27.2 million GAAP earnings per share of $0.29, consistent with a year ago Non-GAAP EPS in...

9 months ago - GlobeNewsWire

Matthews International Corporation Announces Appointment of New Director

PITTSBURGH, April 26, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Francis Wlodarczyk has been appointed to the Com...

9 months ago - GlobeNewsWire