Matthews International (MATW) to Release Earnings on Thursday

Matthews International (NASDAQ:MATW) will announce its earnings results after the market closes on Thursday, November 21st. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Matthews International Stock Performance

MATW opened at $23.94 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 1.64. The stock’s 50 day moving average price is $23.04 and its two-hundred day moving average price is $25.35. The firm has a market capitalization of $732.56 million, a P/E ratio of 28.50 and a beta of 1.06. Matthews International has a 12-month low of $21.09 and a 12-month high of $39.12.

Wall Street Analysts Forecast Growth

Separately, B. Riley lowered their price objective on shares of Matthews International from $54.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, September 26th.

Matthews International Company Profile

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.