Matthews International Corp (NASDAQ: MATW) has reported a loss for its first fiscal quarter (ending December 31) of $-0.11 versus a loss $-0.07 for the same period a year ago. This result fell short of the consensus estimate of $0.22 by $-0.34. E.P.S. were $-1.97 for the latest four quarters through December 31 versus $1.08 for the same period a year ago — a decline of -282%.
Recent Price Action
On 2/7/25, Matthews International Corp (NASDAQ: MATW) stock suffered a large decline of -9.9%, closing at $26.55. Moreover, exceptionally high trading volume at 350% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -8.9% during the last week.
Current PriceTarget Research Rating
Matthews International 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 consistent signals. Matthews International has a neutral Power Rating of 45 and a slightly negative Appreciation Score of 36, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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