Matthews International Corporation (MATW)

NASDAQ: MATW · Real-Time Price · USD
25.30
+1.21 (5.02%)
Nov 21, 2024, 10:51 AM EST - Market open
5.02%
Market Cap 772.13M
Revenue (ttm) 1.83B
Net Income (ttm) 26.22M
Shares Out 30.60M
EPS (ttm) 0.84
PE Ratio 28.64
Forward PE 16.50
Dividend $0.96 (3.82%)
Ex-Dividend Date Aug 5, 2024
Volume 36,645
Open 24.37
Previous Close 24.09
Day's Range 24.37 - 25.30
52-Week Range 21.09 - 39.12
Beta 1.05
Analysts Strong Buy
Price Target 40.00 (+58.51%)
Earnings Date Nov 21, 2024

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 12,000
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
(58.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

18 hours 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 ...

12 days 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...

6 weeks 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...

2 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...

3 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 ...

3 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...

4 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...

4 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...

5 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...

6 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...

7 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...

7 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...

7 months ago - GlobeNewsWire

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

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

8 months ago - GlobeNewsWire

Matthews International's Engineering Business Establishes Hydrogen Fuel Cell (HFC) Development Center in Burlington, NC

PITTSBURGH, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews”), a global provider of industrial technologies and renewable energy equipment, today ann...

9 months ago - GlobeNewsWire

Matthews International: Slow Orderbook Build And Not Great Delivery Rates

MATW is facing challenges in improving unit economics despite major order wins in its EV-exposed businesses. New order generation is inconsistent in the energy segment, and economics are getting a bit...

10 months ago - Seeking Alpha

Matthews International Corporation (MATW) Q1 2024 Earnings Call Transcript

Matthews International Corporation (MATW) Q1 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

Matthews International Reports Results for Fiscal 2024 First Quarter

Fiscal 2024 First Quarter Financial Highlights: Consolidated sales of $450.0 million, compared to $449.2 million a year ago Industrial Technologies and Memorialization report another quarter of sales ...

10 months ago - GlobeNewsWire

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

PITTSBURGH, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its first quarter fiscal year 2024 earnings results after the marke...

11 months ago - GlobeNewsWire

Matthews International: Lots Of M&A Discussion At The Q4 Call

Matthews International reported earnings with promising organic sales growth but limited profit growth in the energy businesses. The company is looking forward to the release of the printhead and pote...

1 year ago - Seeking Alpha

Matthews International Corporation (MATW) Q4 2023 Earnings Call Transcript

Matthews International Corporation (NASDAQ:MATW) Q4 2023 Earnings Conference Call November 17, 2023 9:00 AM ET Company Participants Steven Nicola - CFO Joseph Bartolacci - President & CEO Conference ...

1 year ago - Seeking Alpha

Matthews International Reports Results for Fourth Quarter and Fiscal Year Ended September 30, 2023

Financial Highlights : Consolidated sales in fourth quarter increased $23.1 million, or 5.0% Industrial Technologies sales 34% higher for the quarter; FY2023 sales exceed $500 million, compared to $33...

1 year ago - GlobeNewsWire

Nike, Merck Among 13 Companies To Announce Annual Dividend Increases In Second Half Of November

Investors were rewarded with 10%+ dividend increases from Snap-on Tools and ADP in the first half of November. Other companies that rewarded investors in the first two weeks of the month were Emerson,...

Other symbols: MRKNKEAADPAIZATOBDX
1 year ago - Seeking Alpha

Matthews International Announces Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

PITTSBURGH, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2023 earnings results after the ...

1 year ago - GlobeNewsWire

Matthews International: Profit Scaling Limited By Labor Costs

Matthews International has benefited from business development in the energy solutions sector. The energy solutions business has seen strong order book growth and is expected to achieve around 40% sal...

1 year ago - Seeking Alpha