Matthews International Corp (NASDAQ: MATW) kicked off on Friday, down -5.11% from the previous trading day, before settling in for the closing price of $27.4. Over the past 52 weeks, MATW has traded in a range of $18.50-$32.00.
A company in the Industrials sector has jumped its sales by 22.39% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -9.92%. With a float of $29.11 million, this company’s outstanding shares have now reached $30.80 million.
Matthews International Corp (MATW) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Conglomerates Industry. The insider ownership of Matthews International Corp is 5.48%, while institutional ownership is 86.63%. The most recent insider transaction that took place on May 07 ’25, was worth 20,513. In this transaction Director of this company bought 1,074 shares at a rate of $19.10, taking the stock ownership to the 5,074 shares. Before that another transaction happened on May 08 ’25, when Company’s Director bought 7 for $19.22, making the entire transaction worth $135. This insider now owns 5,081 shares in total.
Matthews International Corp (MATW) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.14 earnings per share (EPS), lower than consensus estimate (set at 0.22) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.92% per share during the next fiscal year.
Matthews International Corp (NASDAQ: MATW) Trading Performance Indicators
Take a look at Matthews International Corp’s (MATW) current performance indicators. Last quarter, stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.80, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 1.58 in one year’s time.
Technical Analysis of Matthews International Corp (MATW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.44 million. That was better than the volume of 0.25 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.73%.
During the past 100 days, Matthews International Corp’s (MATW) raw stochastic average was set at 70.19%, which indicates a significant increase from 54.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.87 in the past 14 days, which was higher than the 0.83 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.38, while its 200-day Moving Average is $23.28. However, in the short run, Matthews International Corp’s stock first resistance to watch stands at $27.08. Second resistance stands at $28.17. The third major resistance level sits at $28.89. If the price goes on to break the first support level at $25.27, it is likely to go to the next support level at $24.55. Assuming the price breaks the second support level, the third support level stands at $23.46.
Matthews International Corp (NASDAQ: MATW) Key Stats
The company with the Market Capitalisation of 800.69 million has total of 30,796K Shares Outstanding. Its annual sales at the moment are 1,498 M in contrast with the sum of -24,470 K annual income. Company’s last quarter sales were recorded 318,840 K and last quarter income was -27,470 K.
