News headlines about Matthews International (NASDAQ:MATW) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Matthews International earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.4983269508664 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
Shares of Matthews International (NASDAQ MATW) opened at $53.55 on Friday. Matthews International has a 1 year low of $50.10 and a 1 year high of $72.60. The firm has a market capitalization of $1,729.24, a PE ratio of 17.44 and a beta of 1.11. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.48 and a current ratio of 2.10.
Matthews International (NASDAQ:MATW) last released its earnings results on Thursday, January 25th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.06. Matthews International had a return on equity of 15.09% and a net margin of 6.46%. The business had revenue of $369.50 million for the quarter, compared to the consensus estimate of $355.84 million. During the same period last year, the business earned $0.62 earnings per share. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. analysts anticipate that Matthews International will post 3.89 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, February 19th. Investors of record on Monday, February 5th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Friday, February 2nd. Matthews International’s dividend payout ratio (DPR) is presently 24.76%.
A number of equities research analysts recently weighed in on MATW shares. B. Riley reissued a “buy” rating and set a $92.00 target price on shares of Matthews International in a research report on Monday, November 20th. BidaskClub downgraded Matthews International from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 12th. Finally, ValuEngine downgraded Matthews International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $83.50.
In related news, VP Robert M. Marsh acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, January 30th. The shares were bought at an average cost of $55.50 per share, with a total value of $166,500.00. Following the completion of the acquisition, the vice president now owns 16,207 shares of the company’s stock, valued at $899,488.50. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Tunon Alvaro Garcia acquired 1,000 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were bought at an average cost of $52.00 per share, for a total transaction of $52,000.00. The disclosure for this purchase can be found here. 3.80% of the stock is owned by company insiders.
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Matthews International Company Profile
Matthews International Corporation is a provider of brand solutions, memorialization products and industrial technologies. The Company operates through three segments: SGK Brand Solutions, Memorialization and Industrial Technologies. The SGK Brand Solutions segment provides brand development, deployment and delivery (consisting of brand management, printing plates and cylinders, pre-media services and imaging services for consumer packaged goods and retail customers, merchandising display systems, and marketing and design services).
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