Materion Corporation (MTRN)
NYSE: MTRN · IEX Real-Time Price · USD
106.14
+1.16 (1.10%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Materion Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Materion stock have an average target of 140, with a low estimate of 133 and a high estimate of 152. The average target predicts an increase of 31.90% from the current stock price of 106.14.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Materion stock from 3 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $156 → $152 | Buy | Maintains | $156 → $152 | +43.21% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $157 → $156 | Buy | Maintains | $157 → $156 | +46.98% | Apr 1, 2024 |
| Keybanc | Keybanc | Buy Maintains $140 → $157 | Buy | Maintains | $140 → $157 | +47.92% | Feb 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $130 → $140 | Buy | Maintains | $130 → $140 | +31.90% | Jan 23, 2024 |
| Keybanc | Keybanc | Buy Maintains $128 → $130 | Buy | Maintains | $128 → $130 | +22.48% | Nov 2, 2023 |
Financial Forecast
Revenue This Year
1.76B
from 1.67B
Increased by 5.45%
Revenue Next Year
1.95B
from 1.76B
Increased by 10.82%
EPS This Year
5.95
from 4.58
Increased by 29.93%
EPS Next Year
7.41
from 5.95
Increased by 24.51%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.9B | 2.1B |
| Avg | 1.8B | 1.9B |
| Low | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.3% | 19.7% |
| Avg | 5.5% | 10.8% |
| Low | -1.6% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 6.20 | 8.09 |
| Avg | 5.95 | 7.41 |
| Low | 5.64 | 6.86 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 35.3% | 35.9% |
| Avg | 29.9% | 24.5% |
| Low | 23.0% | 15.3% |
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.