Stock Rating Downgrade
The Value Trend Rating for Mativ Holdings Inc (NYSE: MATV) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Mativ Holdings Inc (NYSE: MATV) stock declined by -4.0% on 12/15/23. The shares closed at $13.89. Moreover, exceptionally high trading volume at 235% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 15.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Mativ Holdings has a good Appreciation Score of 76 but a very low Power Rating of 10, leading to the Negative Value Trend Rating.
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