Materion Corporation (MTRN)
NYSE: MTRN · Real-Time Price · USD
116.76
+3.79 (3.35%)
Nov 22, 2024, 4:00 PM EST - Market closed

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 22.90% from the current stock price of 116.76.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $135 $143.5 $152 $152
Change +15.62% +22.90% +30.18% +30.18%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222211
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 333322

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 +15.62% Oct 2, 2024
Keybanc
Keybanc
Buy
Maintains
$156$152
Buy Maintains $156$152 +30.18% May 10, 2024
Keybanc
Keybanc
Buy
Maintains
$157$156
Buy Maintains $157$156 +33.61% Apr 1, 2024
Keybanc
Keybanc
Buy
Maintains
$140$157
Buy Maintains $140$157 +34.46% Feb 16, 2024
Keybanc
Keybanc
Buy
Maintains
$130$140
Buy Maintains $130$140 +19.90% Jan 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.72B
from 1.67B
Increased by 3.05%
Revenue Next Year
1.82B
from 1.72B
Increased by 6.06%
EPS This Year
5.37
from 4.58
Increased by 17.20%
EPS Next Year
6.17
from 5.37
Increased by 14.87%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.19B1.18B1.51B1.76B1.67B1.72B1.82B1.97B
Revenue Growth
-1.85%-0.77%28.43%16.32%-5.23%3.05%6.06%8.24%
EPS
2.590.753.504.144.585.376.177.62
EPS Growth
153.92%-71.04%366.67%18.29%10.63%17.20%14.87%23.57%
Forward PE
-----21.7518.9415.32
No. Analysts -----773
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.8B 2.0B 2.1B
Avg 1.7B 1.8B 2.0B
Low 1.6B 1.7B 1.8B

Revenue Growth

Revenue Growth 202420252026
High
7.5%
13.8%
17.5%
Avg
3.1%
6.1%
8.2%
Low
-2.0%
0.2%
0.2%

EPS Forecast

EPS 202420252026
High 5.54 6.67 7.84
Avg 5.37 6.17 7.62
Low 5.15 5.49 7.32

EPS Growth

EPS Growth 202420252026
High
21.0%
24.2%
27.2%
Avg
17.2%
14.9%
23.6%
Low
12.3%
2.2%
18.7%
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.