Analyst Ratings for Matthews International Corp. Cl A (MATW)

Updated: 2017-07-27

Shares of Matthews International Corp. Cl A (NASDAQ:MATW) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, MATW was issued an average rating of Overweight.

2 analysts declared MATW a buy, 0 gave an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

MATW was given price targets by several analysts. The most optimistic analyst gave a price target of 92, implying a possible profit of 41.65 percent. The lowest price target was 66, implying a possible loss of 1.62 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.82 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.68 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

MATW has an estimated earnings growth rate of 65.3 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MATW is 0.45.

In the trailing 52-weeks, MATW hit 77.85 at the highest peak, while it's lowest trading point was 56.72. The current market price is above the trailing year's low by 14.51 percent, and 16.57 percent below the high. MATW has a price/earnings ratio of 29.39. Investors typically compare the P/E ratio to a company's peers in the industry. The MATW value stock report compares MATW to some of its peers using value stock charts. The market cap of MATW is $2.11 billion. MATW is estimated to release their earnings results for the quarter on 0000-00-00, days from today.