Matthews International (NASDAQ:MATW – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 21st. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Matthews International Trading Down 0.6 %
Shares of MATW stock opened at $23.71 on Tuesday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.02 and a current ratio of 1.66. The company has a market capitalization of $725.53 million, a price-to-earnings ratio of 28.23 and a beta of 1.06. Matthews International has a 52-week low of $21.09 and a 52-week high of $39.12. The company has a 50-day simple moving average of $23.04 and a two-hundred day simple moving average of $25.30.
Wall Street Analyst Weigh In
Separately, B. Riley reduced their target price on Matthews International from $54.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, September 26th.
About Matthews International
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials.
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