MATW stock icon

Matthews International
MATW

$27.96
2.64%

Market Cap: 859M

 

About: Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Employees: 12,000

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

8% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 60

1.43% less ownership

Funds ownership: 83.95% [Q4 2023] → 82.51% (-1.43%) [Q1 2024]

9% less funds holding

Funds holding: 178 [Q4 2023] → 162 (-16) [Q1 2024]

16% less capital invested

Capital invested by funds: $942M [Q4 2023] → $787M (-$155M) [Q1 2024]

46% less call options, than puts

Call options by funds: $96K | Put options by funds: $177K

53% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 30

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$59
111%
upside
Avg. target
$59
111%
upside
High target
$59
111%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
B. Riley Securities
Liam Burke
111%upside
$59
Buy
Maintained
5 Feb 2024

Financial journalist opinion

Based on 3 articles about MATW published over the past 30 days