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MATW Stock Price & Analysis

Matthews International Corp
$
22.550
+22.550(+0%)6M

MATW Stock Price Chart

5D
1M
3M
6M
YTD
1Y
5Y

MATW Fundamental Analysis

1
buy
Moderate Buy
Buy
Hold
Sell
bubble
High
40.00
bubble
Averages
40.00
bubble
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.
bubble
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.

MATW News

bubble
1.0
03-03Business Insider
Matthews management to meet with B. Riley
bubble
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
bubble
9.0
02-18Reuters
Breakingviews - Capping board tenure would be activist kryptonite
bubble
7.0
02-17NASDAQ.COM
Matthews International Wins Legal Battle Against Tesla
bubble
5.0
02-17Newsfilter
Matthews International Appoints Thomas Gebhardt to Board of Directors

MATW FAQs

What is surpport and resistant level for MATW Stock?

The S1 support level for MATW Stock is $22.32 ,The R1 resistant level for MATW Stock is $24.82.

What is the current price of MATW Stock?

What is the target price of MATW Stock?

What is the market cap of Matthews International Corp?

What is Matthews International Corp (MATW)'s business?

How many employees does MATW have?

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.