Matthews International (MATW) Set to Announce Quarterly Earnings on Thursday

Matthews International (NASDAQ:MATW) will announce its quarterly earnings results after the market closes on Thursday, November 21st. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Matthews International Stock Down 0.6 %

Matthews International stock opened at $23.71 on Tuesday. The firm has a market capitalization of $725.53 million, a price-to-earnings ratio of 28.23 and a beta of 1.06. The firm’s fifty day moving average price is $23.04 and its two-hundred day moving average price is $25.30. Matthews International has a 1-year low of $21.09 and a 1-year high of $39.12. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 1.64.

Wall Street Analyst Weigh In

Separately, B. Riley dropped their price target on shares of Matthews International from $54.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, September 26th.

Matthews International Company Profile

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials.