Matthews International Corp (NASDAQ: MATW) has reported E.P.S. of $0.06 for its third fiscal quarter (ending June 30) versus $0.28 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.84 compared to $-1.93 a year ago.
Recent Price Action
Matthews International Corp (NASDAQ: MATW) stock closed at $28.05 on 8/1/24 after a decline of -3.1%. However, below average trading volume at 76% of normal accompanied the decline. The stock has risen 2.9% during the last week but has been extremely weak relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Matthews International has a slightly negative Appreciation Score of 38 and a very low Power Rating of 1, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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