The price of MATW is predicted to go up -3.11%, based on the high correlation periods with DRUG. The similarity of these two price pattern on the periods is 96.57%.
MATW
DRUG
Down: -3.11%Similarity: 96.57%
MATW Revenue Forecast
MATW EPS Forecast
MATW FAQs
What is MATW revenue forecast for next quarter?
The market consensus for MATW's revenue in the upcoming quarter is projected to be approximately $435.615M USD.
What is MATW eps forecast for next quarter?
The market consensus for MATW's eps in the upcoming quarter is projected to be approximately $0.38 USD.
B. Riley lowered the firm's price target on Matthews to $40 from $54 and keeps a Buy rating on the shares. The company's Memorialization and SGK Brand Solutions businesses are performing in line with expectations, but a larger percentage of orders for Industrial will be deferred into fiscal 2025, the analyst tells investors in a research note. The firm cites a lower contribution from Industrial Technology in 2024 for the target cut. Matthews shares are now trading for less than what the Memorialization and SGK businesses are worth, net of overhead expenses, with no value assigned to Industrial Technology, adds Riley.