Alert: Major Price Decline (1/9/24)-Mativ Holdings Inc (NYSE: MATV).

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Mativ Holdings Inc (NYSE: MATV) stock suffered a major decline of -11.0% on 1/9/24. The shares closed at $13.33. Moreover, this decline was accompanied by above average trading volume at 132% of normal. The stock has declined -12.9% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, MATV is expected to be Value Creation neutral.

Mativ Holdings has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Mativ Holdings has a good Appreciation Score of 74 but a poor Power Rating of 16, leading to the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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