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
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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 | +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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.8% | 6.1% | 3.0% |
Avg | -1.5% | 0.6% | - |
Low | -6.7% | -5.7% | -3.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.