Mativ Holdings Inc (NYSE: MATV) has reported E.P.S. of $-0.52 for its first fiscal quarter (ending March 31) versus $-0.28 for the same period a year ago. Relative to the consensus estimate of $0.43, this was a shortfall of $-0.95. For the latest four quarters through March 31, E.P.S. were $-9.54 versus $-2.08 for the same period a year ago.
Recent Price Action
Mativ Holdings Inc (NYSE: MATV) stock closed at $18.53 on 5/8/24 after a large increase of 2.1%. Trading volume in this advance was normal. The stock has risen 1.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MATV is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Mativ Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Mativ Holdings has a slightly positive Power Rating of 64 and a slightly positive Appreciation Score of 69, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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