Materion Corporation (MTRN)

Market Cap	2.47B
Revenue (ttm)	1.67B
Net Income (ttm)	95.70M
Shares Out	20.65M
EPS (ttm)	4.58
PE Ratio	26.15
Forward PE	19.39
Dividend	$0.52 (0.43%)
Ex-Dividend Date	Feb 21, 2024

Volume	76,532
Open	121.00
Previous Close	120.88
Day's Range	118.35 - 121.47
52-Week Range	92.23 - 145.08
Beta	1.15
Analysts	Strong Buy
Price Target	141.33 (+18.02%)
Earnings Date	May 1, 2024

About MTRN

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The company provides advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, ...

• Industry: Other Industrial Metals & Mining
• Sector: Materials
• Founded: 1931
• Employees: 3,404
• Stock Exchange: NYSE
• Ticker Symbol: MTRN

Financial Performance

In 2023, Materion's revenue was $1.67 billion, a decrease of -5.23% compared to the previous year's $1.76 billion. Earnings were $95.70 million, an increase of 11.29%.

Analyst Forecast

According to 3 analysts, the average rating for MTRN stock is "Strong Buy." The 12-month stock price forecast is $141.33, which is an increase of 18.02% from the latest price.

Price Target

$141.33

(18.02% upside)

Analyst Consensus: Strong Buy