Matthews International (MATW) to Release Quarterly Earnings on Thursday

Matthews International (NASDAQ:MATW) will be announcing its 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Matthews International Stock Performance

Shares of Matthews International stock opened at $23.90 on Wednesday. The business’s fifty day simple moving average is $23.06 and its 200 day simple moving average is $25.24. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 1.64. Matthews International has a 12 month low of $21.09 and a 12 month high of $39.12. The firm has a market capitalization of $731.34 million, a P/E ratio of 28.45 and a beta of 1.06.

Analysts Set New Price Targets

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

About Matthews International

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.