Matthews International Corporation (MATW)

NASDAQ: MATW · IEX Real-Time Price · USD
26.45
-0.56 (-2.07%)
Jun 14, 2024, 4:00 PM EDT - Market closed
-2.07%
Market Cap 812.28M
Revenue (ttm) 1.87B
Net Income (ttm) 33.19M
Shares Out 30.71M
EPS (ttm) 1.07
PE Ratio 24.72
Forward PE 17.40
Dividend $0.96 (3.63%)
Ex-Dividend Date May 3, 2024
Volume 77,612
Open 26.54
Previous Close 27.01
Day's Range 26.15 - 26.73
52-Week Range 25.42 - 48.86
Beta 1.10
Analysts Strong Buy
Price Target 59.00 (+123.06%)
Earnings Date Jul 25, 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 $59.0.

Price Target
$59.0
(123.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 weeks ago - GlobeNewsWire

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...

6 weeks 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 weeks ago - GlobeNewsWire

Matthews International Declares Quarterly Dividend

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

7 weeks 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...

2 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...

4 months ago - GlobeNewsWire

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 ...

4 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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

Matthews International Increases Quarterly Dividend

PITTSBURGH, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend...

7 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

Matthews International Reports Results for Fiscal 2023 Third Quarter

Fiscal 2023 3 rd Quarter Financial Highlights: Sales increased $50.2 million from a year ago; Industrial Technologies sales 66% higher Net income of $8.7 million vs. $2.9 million last year; adjusted E...

11 months ago - GlobeNewsWire

Matthews International Announces Third Quarter Fiscal 2023 Earnings Release and Conference Call

PITTSBURGH, July 07, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2023 earnings results after the marke...

1 year ago - GlobeNewsWire

Matthews International Reports Results for Fiscal 2023 Second Quarter

Fiscal 2023 2 nd Quarter Financial Highlights: Sales increased $34.6 million or 7.8%, from a year ago; 10% on a constant currency basis Industrial Technologies sales over 60% higher; on track to appro...

1 year ago - GlobeNewsWire

Matthews International Announces Second Quarter Fiscal 2023 Earnings Release and Conference Call

PITTSBURGH, April 13, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2023 earnings results after the mar...

1 year ago - GlobeNewsWire

Matthews International Reports Results for Fiscal 2023 First Quarter

Financial Highlights:

1 year ago - GlobeNewsWire

Matthews International Corporation Announces Nomination of New Director

PITTSBURGH, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced Aleta Richards has been nominated for election to serv...

1 year ago - GlobeNewsWire

Matthews International Announces First Quarter Fiscal 2023 Earnings Release and Conference Call

PITTSBURGH, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its first quarter fiscal year 2023 earnings results after the marke...

1 year ago - GlobeNewsWire

Matthews International Wins Over $200 Million in Orders in Fiscal 2023 First Quarter For the Energy Solutions Business

PITTSBURGH, Jan. 02, 2023 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews”), a global provider of industrial technologies and renewable energy equipment, today ann...

1 year ago - GlobeNewsWire

Matthews International Enters Into Agreement With Barington

PITTSBURGH, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (“Matthews”) (NASDAQ GSM: MATW) today announced that it has entered into an agreement with Barington Capital Group, L.P...

1 year ago - GlobeNewsWire

Matthews International Announces Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

PITTSBURGH, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2022 earnings results after the ...

1 year ago - GlobeNewsWire

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

PITTSBURGH, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based...

1 year ago - GlobeNewsWire

Matthews International Reports Results for Fiscal 2022 Third Quarter

Financial Highlights:

2 years ago - GlobeNewsWire

Matthews International Announces Third Quarter Fiscal 2022 Earnings Release and Conference Call

PITTSBURGH, July 06, 2022 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2022 earnings results after the marke...

2 years ago - GlobeNewsWire