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.
Several price targets were given for MATW by the analysts covering the stock. The maximum price target given was 92, which equates to a potential upside of 41.65 percent. The lowest price target was 66, implying a possible loss of 1.62 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.82 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.
The growth rate of MATW's earnings is estimated by analysts to be 65.3 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. MATW has a PEG ratio of 0.45.
In the trailing 52-weeks, MATW hit 77.85 at the highest peak, while it's lowest trading point was 56.72. Today's price is 14.51 percent above the 52-week low, and below the high by 16.57 percent. 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 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.