Meaningful negative changes in fundamentals have recently occurred for Matthews International Corp (NASDAQ: MATW): the consensus estimate for September, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for September, 2025 decreased significantly.
Matthews International Corp (NASDAQ: MATW) has recently experienced meaningful negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
MATW’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Matthews International has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Matthews International has a neutral Appreciation Score of 46 but a very low Power Rating of 3, resulting in the Lowest Value Trend Rating.
Recent Price Action
On 11/4/24, Matthews International Corp (NASDAQ: MATW) stock declined slightly by -1.0%, closing at $23.02. However, trading volume in this decline was below average at 76% of normal. Relative to the market the stock has been weak over the last nine months but has risen 0.9% during the last week.
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