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 highest price target was 92, implying a possible profit of 41.65 percent. The most pessimistic analyst gave a price target of 66, implying a possible loss of 1.62 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.82 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.68 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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.
Analysts estimate earnings of MATW to grow at a rate of 65.3 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MATW is 0.45.
MATW has a 52-week high of 77.85 and a 52-week low of 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 P/E 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 stock has a market capitalization of $2.11 billion. MATW is estimated to release their earnings results for the quarter on 0000-00-00, days from today.