Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Mativ Holdings Inc (NYSE: MATV) improved during the last several trading days. MATV’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/3/24, Mativ Holdings Inc (NYSE: MATV) stock declined slightly by -0.6%, closing at $18.24. However, unusually low trading volume at 50% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
MATV is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Mativ Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Mativ Holdings has a slightly positive Power Rating of 64 and a slightly positive Appreciation Score of 69, with the Positive Value Trend Rating the result.
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