Matthews International Corporation (MATW)
NASDAQ: MATW · Real-Time Price · USD
25.42
+1.33 (5.53%)
Nov 21, 2024, 12:14 PM EST - Market open
Matthews International Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for MATW stock has a target of 40, which predicts an increase of 57.36% from the current stock price of 25.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 26, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for MATW is "Strong Buy". This means that the analyst believes 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $54 → $40 | Strong Buy | Maintains | $54 → $40 | +57.36% | Sep 26, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $61 → $59 | Strong Buy | Maintains | $61 → $59 | +132.10% | Feb 5, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $50 → $64 | Strong Buy | Maintains | $50 → $64 | +151.77% | Jul 31, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $50 → $45 | Strong Buy | Maintains | $50 → $45 | +77.03% | Jul 20, 2022 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $65 → $50 | Strong Buy | Maintains | $65 → $50 | +96.70% | Apr 29, 2020 |
Financial Forecast
Revenue This Year
1.83B
from 1.88B
Decreased by -2.97%
Revenue Next Year
1.83B
from 1.83B
Increased by 0.49%
EPS This Year
2.03
from 1.26
Increased by 61.50%
EPS Next Year
1.75
from 2.03
Decreased by -14.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 1.9B | 1.9B |
| Avg | 1.8B | 1.8B | 1.9B |
| Low | 1.8B | 1.7B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.0% | 4.3% | 4.6% |
| Avg | -3.0% | 0.5% | 1.6% |
| Low | -6.9% | -4.3% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.13 | 2.03 | 2.21 |
| Avg | 2.03 | 1.75 | 2.14 |
| Low | 1.92 | 1.47 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 69.2% | -0.4% | 26.1% |
| Avg | 61.5% | -14.0% | 22.4% |
| Low | 52.4% | -27.8% | 17.6% |
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.