Matthews International Corporation (MATW)
NASDAQ: MATW · Real-Time Price · USD
22.26
-0.41 (-1.81%)
Oct 22, 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 40, which predicts an increase of 79.69% from the current stock price of 22.26.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $40 $40 $40 $40
Change +79.69% +79.69% +79.69% +79.69%

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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

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 +79.69% Sep 26, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$61$59
Strong Buy Maintains $61$59 +165.05% Feb 5, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$50$64
Strong Buy Maintains $50$64 +187.51% Jul 31, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$50$45
Strong Buy Maintains $50$45 +102.16% Jul 20, 2022
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$65$50
Strong Buy Maintains $65$50 +124.62% Apr 29, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
1.85B
from 1.88B
Decreased by -1.48%
Revenue Next Year
1.86B
from 1.85B
Increased by 0.59%
EPS This Year
2.43
from 1.26
Increased by 92.67%
EPS Next Year
2.50
from 2.43
Increased by 2.94%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Sep 30, 2019 Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026
Revenue
1.54B1.50B1.67B1.76B1.88B1.85B1.86B1.86B
Revenue Growth
-4.07%-2.54%11.53%5.47%6.72%-1.48%0.59%-
EPS
-1.21-2.790.09-3.181.262.432.502.45
EPS Growth
-----92.67%2.94%-2.04%
Forward PE
-----9.178.919.09
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.9B 2.0B 1.9B
Avg 1.9B 1.9B 1.9B
Low 1.8B 1.7B 1.8B

Revenue Growth

Revenue Growth 202420252026
High
2.8%
6.1%
3.0%
Avg
-1.5%
0.6%
-
Low
-6.7%
-5.7%
-3.9%

EPS Forecast

EPS 202420252026
High 2.66 3.10 2.52
Avg 2.43 2.50 2.45
Low 2.19 1.91 2.35

EPS Growth

EPS Growth 202420252026
High
110.8%
27.6%
0.8%
Avg
92.7%
2.9%
-2.0%
Low
73.4%
-21.3%
-5.9%
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.