MATW Stock Price & Analysis

Matthews International Corp

MATW

Matthews International Corp

22.550

+22.550(+0%)6M

MATW Stock Price Chart

YTD

MATW Key Stats

High

22.965

Vol

133.60K

Low

22.430

Amount

3.02M

Open

22.700

VWAP

22.63

Mkt Cap

698.34M

EV/EBITDA(TTM)

8.33

MATW Company Profile

Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. The Company operates through three segments: Memorialization, Industrial Technologies and SGK Brand Solutions. The Memorialization segment consists primarily of bronze and granite memorials and other memorialization products, caskets, cremation-related products, and cremation and incineration equipment primarily for the cemetery and funeral home industries. The Industrial technologies segment includes the design, manufacturing, service and distribution of high-tech custom energy storage solutions, product identification and warehouse automation technologies and solutions. The SGK Brand Solutions segment consists of brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries.

MATW Technical Analysis

Instant technical analysis with one click on any asset

MATW Why It Moves

Find out the reasons behind the current stock movement

Should I Buy MATW

AI-powered analysis to guide your buy, sell, or hold decision for this stock

MATW News Sentiment

AI uncovers potential trading opportunities based on news sentiment

MATW Technical Analysis

Instant technical analysis with one click on any asset

MATW Why It Moves

Find out the reasons behind the current stock movement

Should I Buy MATW

AI-powered analysis to guide your buy, sell, or hold decision for this stock

MATW News Sentiment

AI uncovers potential trading opportunities based on news sentiment

MATW Fundamental Analysis

buy

Moderate Buy

Buy

Hold

Sell

High

40.00

Averages

40.00

Low

40.00

Analyst

Rating

Action

Price Target

Date

Rating Reason

B. Riley Securities

Liam Burke

Strong Buy

Maintains

$54 → $40

2024-09-26

B. Riley Securities

Liam Burke

Strong Buy

Maintains

$61 → $59

2024-02-05

B. Riley Securities

Liam Burke

Strong Buy

Maintains

$50 → $64

2023-07-31

B. Riley Securities

Liam Burke

Strong Buy

Maintains

$50 → $45

2022-07-20

B. Riley Securities

Liam Burke

Strong Buy

Maintains

$65 → $50

2020-04-29

Analyst	Rating	Action	Price Target	Date	Rating Reason

B. Riley Securities Liam Burke	Strong Buy	Maintains	$54 → $40	2024-09-26	B.
B. Riley Securities Liam Burke	Strong Buy	Maintains	$61 → $59	2024-02-05
B. Riley Securities Liam Burke	Strong Buy	Maintains	$50 → $64	2023-07-31
B. Riley Securities Liam Burke	Strong Buy	Maintains	$50 → $45	2022-07-20
B. Riley Securities Liam Burke	Strong Buy	Maintains	$65 → $50	2020-04-29

MATW Earnings Analysis

Matthews International Corp Corporation (MATW.O) Q1 2025 Earnings Conference Call

Positive

Battery Technology Rights Confirmation: Arbitration ruling confirmed Matthews International's rights to market and sell advanced dry battery electrode technology, enhancing its competitive position in the energy sector.
Steady Adjusted EBITDA Performance: Adjusted EBITDA for the memorialization and brand solution segments remained steady, indicating stable performance amidst market fluctuations.
Cost Management Success: Corporate and other non-operating costs decreased, reflecting effective cost management strategies that contribute to overall profitability.
Memorialization Segment Sales: Sales for the memorialization segment reached $190.5 million, demonstrating strong demand despite a slight year-over-year decline.
Battery Technology Advancements: The company’s ongoing research and development efforts in battery technology are supported by a growing patent portfolio, positioning Matthews for future growth opportunities.

Negative

Memorialization Segment Sales Decline: Sales for the memorialization segment decreased to $190.5 million, down from $208.1 million year-over-year, indicating a decline of approximately 8.1%.
EBITDA Decline Analysis: Adjusted EBITDA dropped to $40 million from $45.5 million a year ago, reflecting a decrease of about 12.3%, primarily due to a decline in the industrial technology segment.
Industrial Technology Decline: The industrial technology segment experienced a significant downturn, contributing to the overall decline in sales and adjusted EBITDA, although specific figures were not disclosed.
Financial Performance Challenges: Corporate and other non-operating costs were lower, but the overall financial performance was negatively impacted by reduced revenues in key segments, particularly memorialization.
Negative Earnings Outlook: The company’s ongoing cost reduction efforts were not sufficient to offset the revenue declines, leading to a negative outlook for future earnings.

Positive

Battery Technology Rights Confirmation: Arbitration ruling confirmed Matthews International's rights to market and sell advanced dry battery electrode technology, enhancing its competitive position in the energy sector.
Steady Adjusted EBITDA Performance: Adjusted EBITDA for the memorialization and brand solution segments remained steady, indicating stable performance amidst market fluctuations.
Cost Management Success: Corporate and other non-operating costs decreased, reflecting effective cost management strategies that contribute to overall profitability.
Memorialization Segment Sales: Sales for the memorialization segment reached $190.5 million, demonstrating strong demand despite a slight year-over-year decline.
Battery Technology Advancements: The company’s ongoing research and development efforts in battery technology are supported by a growing patent portfolio, positioning Matthews for future growth opportunities.

Negative

Memorialization Segment Sales Decline: Sales for the memorialization segment decreased to $190.5 million, down from $208.1 million year-over-year, indicating a decline of approximately 8.1%.
EBITDA Decline Analysis: Adjusted EBITDA dropped to $40 million from $45.5 million a year ago, reflecting a decrease of about 12.3%, primarily due to a decline in the industrial technology segment.
Industrial Technology Decline: The industrial technology segment experienced a significant downturn, contributing to the overall decline in sales and adjusted EBITDA, although specific figures were not disclosed.
Financial Performance Challenges: Corporate and other non-operating costs were lower, but the overall financial performance was negatively impacted by reduced revenues in key segments, particularly memorialization.
Negative Earnings Outlook: The company’s ongoing cost reduction efforts were not sufficient to offset the revenue declines, leading to a negative outlook for future earnings.

MATW News

1.0

03-03Business Insider

Matthews management to meet with B. Riley

4.5

02-18Newsfilter

Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value