Matthews International Corporation (MATW)

NASDAQ: MATW · Real-Time Price · USD
27.55
-0.16 (-0.58%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.58%
Market Cap 843.10M
Revenue (ttm) 1.80B
Net Income (ttm) -59.66M
Shares Out 30.60M
EPS (ttm) -1.93
PE Ratio n/a
Forward PE 15.31
Dividend $0.97 (3.52%)
Ex-Dividend Date Dec 2, 2024
Volume 521,897
Open 27.31
Previous Close 27.71
Day's Range 27.02 - 28.52
52-Week Range 21.09 - 39.12
Beta 1.12
Analysts Strong Buy
Price Target 40.00 (+45.19%)
Earnings Date Jan 30, 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 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
(45.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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, ...

2 days 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...

11 days 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...

11 days 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...

23 days 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...

4 weeks 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 ...

4 weeks 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 ...

4 weeks 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...

4 weeks 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 ...

6 weeks 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...

2 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...

3 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...

5 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 ...

5 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...

5 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...

5 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...

6 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...

7 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...

8 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...

8 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...

8 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...

9 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...

10 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...

11 months ago - Seeking Alpha

Matthews International Corporation (MATW) Q1 2024 Earnings Call Transcript

Matthews International Corporation (MATW) Q1 2024 Earnings Call Transcript

11 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 ...

11 months ago - GlobeNewsWire