Materion Corporation (MTRN)
NYSE: MTRN · Real-Time Price · USD
105.95
+0.89 (0.85%)
Nov 4, 2024, 12:59 PM EST - Market open
Materion Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Materion stock have an average target of 143.5, with a low estimate of 135 and a high estimate of 152. The average target predicts an increase of 35.44% from the current stock price of 105.95.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 2, 2024.
Analyst Ratings
The average analyst rating for Materion stock from 2 stock analysts is "Strong Buy". This means that analysts believe 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 | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy Maintains $150 → $135 | Strong Buy | Maintains | $150 → $135 | +27.42% | Oct 2, 2024 |
| Keybanc | Keybanc | Buy Maintains $156 → $152 | Buy | Maintains | $156 → $152 | +43.46% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $157 → $156 | Buy | Maintains | $157 → $156 | +47.24% | Apr 1, 2024 |
| Keybanc | Keybanc | Buy Maintains $140 → $157 | Buy | Maintains | $140 → $157 | +48.18% | Feb 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $130 → $140 | Buy | Maintains | $130 → $140 | +32.14% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
1.74B
from 1.67B
Increased by 4.49%
Revenue Next Year
1.92B
from 1.74B
Increased by 10.34%
EPS This Year
5.83
from 4.58
Increased by 27.39%
EPS Next Year
7.37
from 5.83
Increased by 26.29%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.9B | 2.0B |
| Avg | 1.7B | 1.9B |
| Low | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.1% | 17.1% |
| Avg | 4.5% | 10.3% |
| Low | -1.7% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.09 | 7.88 |
| Avg | 5.83 | 7.37 |
| Low | 5.54 | 6.57 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 33.0% | 35.0% |
| Avg | 27.4% | 26.3% |
| Low | 20.9% | 12.5% |
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.