Matthews International Corporation (MATW)
NASDAQ: MATW · IEX Real-Time Price · USD
27.72
+0.37 (1.35%)
Jul 17, 2024, 4:00 PM EDT - Market closed

Matthews International Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MATW stock has a target of 59, which predicts an increase of 112.84% from the current stock price of 27.72.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $59 $59 $59 $59
Change +112.84% +112.84% +112.84% +112.84%
* Price targets were last updated on Feb 5, 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 Apr '24May '24Jun '24Jul '24
Strong Buy 1111
Buy 0000
Hold 0000
Sell 0000
Strong Sell 0000
Total 1111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$61$59
Strong Buy Maintains $61$59 +112.84% Feb 5, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$50$64
Strong Buy Maintains $50$64 +130.88% Jul 31, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$50$45
Strong Buy Maintains $50$45 +62.34% Jul 20, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
1.88B
from 1.88B
Increased by 0.11%
Revenue Next Year
1.93B
from 1.88B
Increased by 2.23%
EPS This Year
2.51
from 1.26
Increased by 99.55%
EPS Next Year
2.83
from 2.51
Increased by 12.58%
Year 20192020202120222023202420252026
Revenue
1.54B1.50B1.67B1.76B1.88B1.88B1.93B2.00B
Revenue Growth
-4.07%-2.54%11.53%5.47%6.72%0.11%2.23%3.69%
EPS
-1.21-2.790.09-3.181.262.512.833.01
EPS Growth
-----99.55%12.58%6.31%
Forward PE
-----11.029.799.21
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.9B 2.0B 2.1B
Avg 1.9B 1.9B 2.0B
Low 1.8B 1.8B 1.9B

Revenue Growth

Revenue Growth 202420252026
High
3.4%
6.1%
6.7%
Avg
0.1%
2.2%
3.7%
Low
-4.1%
-2.5%
-0.4%

EPS Forecast

EPS 202420252026
High 2.66 3.10 3.10
Avg 2.51 2.83 3.01
Low 2.35 2.55 2.89

EPS Growth

EPS Growth 202420252026
High
110.8%
23.2%
9.4%
Avg
99.5%
12.6%
6.3%
Low
86.7%
1.3%
2.1%
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.