View ValuationMatthews International 향후 성장Future 기준 점검 3/6Matthews International 의 수익은 연간 5.4% 감소할 것으로 예상되는 반면, 연간 수익은 24.2% 로 증가할 것으로 예상됩니다. EPS는 연간 24% 만큼 성장할 것으로 예상됩니다.핵심 정보24.2%이익 성장률24.02%EPS 성장률Consumer Services 이익 성장14.4%매출 성장률-5.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트04 May 2026최근 향후 성장 업데이트Major Estimate Revision • Apr 07Consensus EPS estimates fall by 24%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$1.80 to US$1.37 per share. Revenue forecast steady at US$1.09b. Net income forecast to grow 47% next year vs 24% growth forecast for Consumer Services industry in the US. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$25.88 over the past week.Major Estimate Revision • Feb 11Consensus EPS estimates increase from loss to US$1.80 profit, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$1.14b to US$1.13b. EPS estimate of -US$0.19 up from expected loss of US$1.80 per share previously. Consumer Services industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$26.43 over the past week.Price Target Changed • Jan 13Price target increased by 7.9% to US$41.00Up from US$38.00, the current price target is an average from 2 analysts. New target price is 34% above last closing price of US$30.52. Stock is down 12% over the past year. The company is forecast to post a net loss per share of US$0.20 next year compared to a net loss per share of US$1.93 last year.Major Estimate Revision • Sep 26Consensus EPS estimates fall by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.40 to US$0.285 per share. Revenue forecast steady at US$1.79b. Net income forecast to shrink 53% next year vs 32% growth forecast for Commercial Services industry in the US . Consensus price target down from US$45.00 to US$38.00. Share price fell 6.1% to US$22.79 over the past week.Price Target Changed • Sep 25Price target decreased by 21% to US$38.00Down from US$48.00, the current price target is an average from 2 analysts. New target price is 69% above last closing price of US$22.49. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$0.40 for next year compared to US$1.28 last year.Major Estimate Revision • Sep 18Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.67 to US$0.40 per share. Revenue forecast steady at US$1.79b. Net income forecast to grow 7.9% next year vs 32% growth forecast for Commercial Services industry in the US. Consensus price target of US$45.00 unchanged from last update. Share price rose 4.2% to US$23.96 over the past week.모든 업데이트 보기Recent updatesDeclared Dividend • May 04Second quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 11th May 2026 Payment date: 25th May 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (328% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 265% to bring the payout ratio under control. EPS is expected to grow by 91% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Seeking Alpha • May 02Matthews International: Upbeat On Propelis Synergies, DeleveragingSummary Matthews International delivered a solid quarter, with Memorialization achieving flat organic sales despite industry volume pressures. Propelis, with a $130M EBITDA run rate and synergy realization, underpins MATW’s valuation case; a disposal is targeted in 18–24 months. The Industrial Tech segment shows green shoots: Axian’s commercial launch resumes, legal wins secure patents, and a $100M+ backlog signals future traction again. Deleveraging and accretive M&A strengthen MATW’s position, but lower cost of capital and improved Industrial Tech delivery would further enhance conviction in the SotP. Read the full article on Seeking Alpha공지 • May 02Matthews International Declares Quarterly Dividend, Payable on May 25, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.255 per share on the Company's common stock. The dividend is payable May 25, 2026 to stockholders of record May 11, 2026.Reported Earnings • May 01Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: US$0.69 loss per share (further deteriorated from US$0.29 loss in 2Q 2025). Revenue: US$258.6m (down 40% from 2Q 2025). Net loss: US$21.8m (loss widened 145% from 2Q 2025). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in the US are expected to grow by 6.4%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공지 • Apr 11Matthews International Corporation to Report Q2, 2026 Results on Apr 30, 2026Matthews International Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026Major Estimate Revision • Apr 07Consensus EPS estimates fall by 24%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$1.80 to US$1.37 per share. Revenue forecast steady at US$1.09b. Net income forecast to grow 47% next year vs 24% growth forecast for Consumer Services industry in the US. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$25.88 over the past week.공지 • Feb 20Matthews International Corporation Announces Management ChangesMatthews International Corporation at its Annual Meeting of Shareholders held on February 19, 2026 selected J. Michael Nauman to replace Alvaro Garcia-Tunon as Chairman of the Board. Mr. Nauman was first appointed to Matthews' Board of Directors in February 2025. Retired as President, Chief Executive Officer, and Director of Brady Corporation, and previously of Molex Incorporated, Ohio Associate Enterprises, and Arthur Andersen and Co., Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise.Major Estimate Revision • Feb 11Consensus EPS estimates increase from loss to US$1.80 profit, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$1.14b to US$1.13b. EPS estimate of -US$0.19 up from expected loss of US$1.80 per share previously. Consumer Services industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$26.43 over the past week.Reported Earnings • Feb 04First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$1.39 (up from US$0.11 loss in 1Q 2025). Revenue: US$284.8m (down 29% from 1Q 2025). Net income: US$43.6m (up US$47.1m from 1Q 2025). Profit margin: 15% (up from net loss in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is expected to decline by 10% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in the US are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Declared Dividend • Feb 01Fourth quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 9th February 2026 Payment date: 23rd February 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.공지 • Jan 29Matthews International Corporation Declares Quarterly Dividend, Payable on February 23, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 28, 2026, a dividend of $0.255 per share on the Company's common stock. The dividend is payable February 23, 2026 to stockholders of record February 9, 2026.공지 • Jan 21Matthews International Corporation, Annual General Meeting, Feb 19, 2026Matthews International Corporation, Annual General Meeting, Feb 19, 2026.공지 • Jan 10Matthews International Corporation to Report Q1, 2026 Results on Feb 03, 2026Matthews International Corporation announced that they will report Q1, 2026 results After-Market on Feb 03, 2026공지 • Jan 02Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million.Duravant LLC signed a definitive agreement to acquire Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $230 million on November 13, 2025. The consideration comprises $223.3 million in cash and the assumption of certain liabilities. The cash proceeds from the sale will be used to reduce debt and strengthen balance sheet. The Warehouse Automation business will become part of Duravant’s Material Handling operating group. The Warehouse Automation business generated $72 million in sales for fiscal 2025. The transaction is subject to customary regulatory approvals and is expected to close before the end of Matthews' fiscal 2026 second quarter. The total purchase price represents a compelling valuation multiple that is significantly accretive to Matthews' current trading range. J.P. Morgan Securities LLC acted as financial advisor for Matthews International Corporation. K&L Gates LLP acted as legal advisor for Matthews International Corporation. Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million on December 31, 2025.Recent Insider Transactions Derivative • Nov 25CEO, President & Director exercised options and sold US$982k worth of stockOn the 20th of November, Joseph Bartolacci exercised options to acquire 39k shares at no cost and sold these for an average price of US$25.10 per share. This trade did not impact their existing holding. For the year to September 2019, Joseph's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Joseph's direct individual holding has increased from 551.05k shares to 584.95k. Company insiders have collectively sold US$2.7m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Nov 23Fourth quarter dividend increased to US$0.26Dividend of US$0.26 is 2.0% higher than last year. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.Reported Earnings • Nov 21Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: US$0.79 loss per share (improved from US$1.93 loss in FY 2024). Revenue: US$1.50b (down 17% from FY 2024). Net loss: US$24.5m (loss narrowed 59% from FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 15% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in the US are expected to grow by 8.5%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공지 • Nov 20+ 1 more updateMatthews International Corporation Announces Board ChangesMatthews International Corporation announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 Annual Meeting of Shareholders. Mr. Nauman will succeed Alvaro Garcia-Tunon, who has served as Chair since 2022 and will retire from the Board when his term expires at the Annual Meeting. Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise. Mr. Nauman was first elected to the Matthews Board at the 2025 Annual Meeting of Shareholders, where he received the highest level of support among all nominees. He previously served as President, Chief Executive Officer, and Director of Brady Corporation, a provider of identification and safety products, and as Executive Vice President of the Integrated Products Division at Molex overseeing global operations across multiple end markets.Recent Insider Transactions Derivative • Nov 20CEO, President & Director exercised options and sold US$651k worth of stockOn the 14th of November, Joseph Bartolacci exercised options to acquire 26k shares at no cost and sold these for an average price of US$24.93 per share. This trade did not impact their existing holding. For the year to September 2019, Joseph's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Joseph's direct individual holding has increased from 551.05k shares to 584.95k. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Nov 14Is Matthews International (NASDAQ:MATW) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공지 • Nov 08Matthews International Corporation to Report Q4, 2025 Results on Nov 20, 2025Matthews International Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 20, 2025공지 • Sep 25Matthews International Corporation Unveils Its Proprietary Axian Inkjet (Xij) Printing TechnologyMatthews International Corporation announced that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Utilizing XIJ, the new MPERIA®? Axian XIJ AX1000 Series printer (scheduled to launch next week at the 2025 Pack Expo in Las Vegas) merges the best attributes of Continuous Inkjet (CIJ) and Thermal Inkjet (TIJ) into a single, high-performance platform. Developed by Matthews Marking Systems engineers, XIJ leverages proprietary micro-electromechanical systems (MEMS) technology to deliver a column of ink droplets simultaneously--unlike traditional CIJ systems that eject droplets sequentially. This enables crisp, consistent, high-resolution marks at unprecedented speeds. Key Advantages of XIJ Technology: Simultaneously prints 2D codes and multi-line text without reducing line speed; Lowered total cost of ownership (TCO) by eliminating make up fluids and reducing maintenance costs; Full print resolution at faster speeds compared to CIJ; User adjustable ink controls for clear, high-quality marks. XIJ vs. Traditional Inkjet: Feature Traditional Inkjet (CIJ/TIJ) MEMS-Based (Axian XIJ) Valve Control Mechanical/Electromagnetic Micro-valve MEMS Resolution at 8mm Up to 70 DPI 100 DPI; The Maintenance Complex, frequent Simple, infrequent; Make Up Fluids As needed; Environmental Impact Solvent fumes (CIJ only) Closed system, eco-friendly; Speed & Flexibility Limited for 2D codes (CIJ only) Full speed, 2D/linear codes; Closed Ink System for Eco-Friendly Operation: The MPERIA®? Axians XIJ features a closed ink system that eliminates the need for solvent additives, reducing emissions and supporting sustainable operations. The system draws less than 25 watts of power and is housed in a stainless-steel enclosure for nearly maintenance-free use. Performance Highlights: Speed: Up to 200 ft/min (60 m/min); Resolution: Up to 100 DPI; Print Height: Up to 0.50" (13 mm); Lines of Text: Up to five; throw Distance: 8 mm (optimal); Startup Time: Under one minute; Ink System: Single 800 ml cartridge, no make-up solvent required. Versatile Substrate Compatibility:XIJ technology enables confident marking on a wide range of materials, including: Flexible films (PET, OPP); Coated cardboard and chipboard; Plastics (PVC, HDPE, LDPE); Environmental & Operational Benefits; Closed system: No solvent fumes or emissions; Lower power consumption: Reduced carbon footprint; Compact design: Easy to install and position on manufacturing lines.공지 • Aug 20+ 1 more updateMatthews International Corporation Announces Executive ChangesMatthews International Corporation announced that Steven F. Nicola Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Company’s financial strategy, governance, and growth. The Board has named Daniel E. Stopar to succeed Mr. Nicola as Treasurer, effective December 1, 2025. Mr. Stopar, who joined Matthews in 2013, has extensive experience in financial, accounting and reporting matters and has held various executive financial roles with the Company, most recently as Senior Vice President, Operations Controller and Head of Global Business Services. Prior to joining Matthews, Mr. Stopar served in several financial leadership roles for Royal Philips Electronics and Respironics Inc.Reported Earnings • Aug 06Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.49 (up from US$0.058 in 3Q 2024). Revenue: US$349.4m (down 18% from 3Q 2024). Net income: US$15.4m (up US$13.6m from 3Q 2024). Profit margin: 4.4% (up from 0.4% in 3Q 2024). Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is expected to decline by 18% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in the US are expected to grow by 9.6%. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.Declared Dividend • Aug 03Second quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 11th August 2025 Payment date: 25th August 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.분석 기사 • Jul 31These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt In A Risky WayHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공지 • Jul 31Matthews International Corporation Declares a Dividend, Payable on August 25, 2025Matthews International Corporation announced that its Board of Directors declared a dividend of $0.25 per share on the Company’s common stock. The dividend is payable August 25, 2025 to stockholders of record August 11, 2025.공지 • Jul 11Matthews International Corporation to Report Q3, 2025 Results on Aug 05, 2025Matthews International Corporation announced that they will report Q3, 2025 results After-Market on Aug 05, 2025공지 • Jun 30+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive IndexDeclared Dividend • May 04Second quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 12th May 2025 Payment date: 26th May 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.Reported Earnings • May 01Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$0.29 loss per share (down from US$0.29 profit in 2Q 2024). Revenue: US$427.6m (down 9.3% from 2Q 2024). Net loss: US$8.92m (down 199% from profit in 2Q 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공지 • May 01Matthews International Declares Quarterly Dividend, Payable on May 26, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting a dividend of $0.25 per share on the Company’s common stock. The dividend is payable May 26, 2025 to stockholders of record May 12, 2025.공지 • Apr 12Matthews International Corporation to Report Q2, 2025 Results on Apr 30, 2025Matthews International Corporation announced that they will report Q2, 2025 results After-Market on Apr 30, 2025분석 기사 • Apr 04Lacklustre Performance Is Driving Matthews International Corporation's (NASDAQ:MATW) Low P/SWith a price-to-sales (or "P/S") ratio of 0.4x Matthews International Corporation ( NASDAQ:MATW ) may be sending...Seeking Alpha • Mar 19Matthews International: No Catalyst From Activism In Board ContestSummary There was a pretty tight contest between activists and incumbents for board seats. The contest got very heated, and shareholders were furnished with quite aggressively worded letters that accused activists of being ignorant about Matthews International businesses. We think an activist board would more aggressively try to make deals to dispose of the MATW businesses, and we believe these disposals would all come at nice prices. Even though we are not getting an activist board, we reiterate that the SGK sale, even in its first iteration, was a step in the right direction, but not enough. Read the full article on Seeking Alpha공지 • Mar 13Matthews International Corporation has filed a Follow-on Equity Offering.Matthews International Corporation has filed a Follow-on Equity Offering. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,250,000 Transaction Features: At the Market OfferingRecent Insider Transactions • Feb 27Independent Director recently bought US$98k worth of stockOn the 24th of February, J. Nauman bought around 4k shares on-market at roughly US$24.59 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.공지 • Feb 22Matthews International Corporation Elects J. Michael Nauman as DirectorMatthews International Corporation at its Annual Meeting of Shareholders held on February 20, 2025 elected J. Michael Nauman as director for a term of three years. He was elected to serve until the Company’s 2028 Annual Meeting of Shareholders and until his successor is elected and qualified or until his earlier death, resignation or removal.공지 • Feb 19+ 2 more updatesBarington Capital Reminds Matthews International Shareholders to Cast their VoteOn February 19, 2025, Barington Capital Group L P reminds Matthews International Corporation shareholders that Annual Meeting of Shareholders presents a critical opportunity to help the Company restore good governance, market credibility and long-term value creation through the election of its nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Company's Board of Directors. In addition, Barington criticizes the current Board for poor governance, share price underperformance, and not holding the CEO accountable, and asked the Company shareholders in casting their votes consider the current Board has overseen an inordinately long period of share price underperformance, current Board's last-minute actions are a desperate attempt to placate shareholders, independent proxy advisors’ recommendations regarding board nominations. Barington Capital urged the shareholders to vote for its board nominees at the annual meeting of shareholders.공지 • Feb 18+ 1 more updateBarington Capital Provides Information to Shareholders of Matthews InternationalOn February 18, 2025, Barington Capital Group L P criticized the Matthews International Corporation current Board for 18 years of underperformance, poor capital allocation, and weak corporate governance, and a vote for its nominees is a vote in favour of the relevant skills, board experience, independent perspectives and fierce commitment to shareholders required to help drive good governance and long-term value creation at the Company. In addition, Barington Capita stated that the Company has made recent governance changes, such as declassifying its Board and implementing a majority voting standard, which Barington believes are attempts to placate shareholders, and independent proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend voting for Barington’s nominees. Further, Barington Capital urges Company shareholders to vote for their nominees Ana Amicarella, Chan Galbato, and James Mitarotonda to the Board of Directors, and emphasizes the importance of this election for the future of Company’s and urges shareholders to vote for their nominees to drive long-term value creation.공지 • Feb 17Matthews International Corporation Appoints Thomas Gebhardt to the Board of DirectorsMatthews International Corporation announced that Thomas Gebhardt has been appointed to the company’s board of directors, effective immediately. As previously announced on January 24, 2025, Gregory S. Babe informed Matthews that he would not stand for re-election to the Company’s Board at the 2026 Annual Meeting of Shareholders. As a result of the addition of Mr. Gebhardt to the Matthews Board, Mr. Babe has resigned from the Board, effective immediately. Mr. Gebhardt brings deep industrial automation and battery expertise to Matthews, including over 30 years of experience at Panasonic where he most recently served as Chairman and Chief Executive Officer of Panasonic’s North American business. Under his leadership at Panasonic, the company transitioned from a consumer electronics firm to a successful provider of devices and systems solutions in the industrial and technology sectors. Mr. Gebhardt is recognized for having significantly expanded the company’s presence in Automotive, growing the business to more than $2.8 billion in revenue over a five-year period. In batteries specifically, he grew the business from multi millions to billions of dollars in revenue. Notably, Mr. Gebhardt led Panasonic’s partnership with Toyota and was intimately involved with the development of the exclusive supply relationship between Panasonic and Tesla, including leading Tesla’s Reno based Gigafactory project, which produces the majority of lithium batteries for Tesla’s electric vehicles. Most recently, Mr. Gebhardt served as Interim CEO of Imprint Energy, a printable battery printing company that was acquired by CCL Industries in 2023.공지 • Feb 15+ 1 more updateAlvaro Garcia-Tunon to Retire from the Board of Matthews International CorporationMatthews International Corporation announced a Board refreshment plan and corporate governance enhancements in furtherance of its commitment to enhance long-term shareholder value. The Matthews Board of Directors intends to effect an orderly transition of the Board Chair role. The Board will appoint a new independent Board Chair by the next annual meeting in 2026, and current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting of Shareholders.공지 • Feb 13Barington Capital Sends Letter to Shareholders of Matthews InternationalOn February 12, 2025, Barington Capital Group, L.P. sent a letter to Matthews International Corporation’s shareholders highlighting unanimous support for the election of its director nominees – Ana B. Amicarella, Chan W. Galbato, and James Mitarotonda – to the Company’s Board of Directors by all 3 independent proxy advisory firms, ISS, Glass Lewis and Egan-Jones, as well as the Company’s dismal fiscal 2025 first quarter earnings results. Barington Capital also stated that it has uploaded material to https://barington.com/matthews.Reported Earnings • Feb 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: US$0.11 loss per share (further deteriorated from US$0.074 loss in 1Q 2024). Revenue: US$401.8m (down 11% from 1Q 2024). Net loss: US$3.47m (loss widened 51% from 1Q 2024). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) exceeded analyst estimates by 41%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공지 • Feb 06Matthews International Announces Positive Ruling in Arbitration with TeslaMatthews International Corporation provided an update on the ongoing business dispute involving Tesla. On February 5, 2025, an arbitrator issued a decision on an arbitration demand filed by Matthews against Tesla in January 2024. This ruling acknowledged Matthews’ extensive, pre-Tesla background in manufacturing advanced Dry Battery Electrode (“DBE”) technology and affirmed that the Company has the right to sell its solutions to customers other than Tesla. Matthews intends to immediately resume marketing, selling and delivering its DBE products to other customers in the growing electric vehicle market, where battery and automobile equipment manufacturers from around the world seek to adopt Matthews’ innovative solutions. On November 5, 2024, Matthews was awarded U.S. Patent No. 12,136,727 B2 entitled Systems for Manufacturing a Dry Electrode, and Matthews expects this foundational work to lead to further innovations and developments to support the expanding DBE industry. After exhausting efforts to negotiate a resolution to a dispute with its DBE customer Tesla that arose over a year ago, Matthews was forced to seek a declaratory judgment in a binding arbitration regarding Matthews’ rights to continue selling its innovative DBE solutions to others. While this arbitration was ongoing, Tesla initiated duplicative litigation in federal court, vaguely alleging that Matthews had stolen Tesla’s trade secrets, notwithstanding its agreement to arbitrate all such disputes. Given Tesla’s decision to file a public action against Matthews in June of 2024 and in light of the importance of the arbitrator’s ruling, Matthews is compelled to update the market on this matter.Declared Dividend • Feb 02Fourth quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 10th February 2025 Payment date: 24th February 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.공지 • Jan 30Matthews International Declares Quarterly Dividend, Payable on February 24, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 29, 2025, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable February 24, 2025 to stockholders of record February 10, 2025.공지 • Jan 27Matthews International Corporation Announces Gregory S. Babe Will Not Stand for Re-Election as Board of DirectorsOn January 24, 2025, Gregory S. Babe informed Matthews International Corporation that he will not stand for re-election to the Company’s Board of Directors at the Company’s 2026 Annual Meeting of Shareholders.Price Target Changed • Jan 13Price target increased by 7.9% to US$41.00Up from US$38.00, the current price target is an average from 2 analysts. New target price is 34% above last closing price of US$30.52. Stock is down 12% over the past year. The company is forecast to post a net loss per share of US$0.20 next year compared to a net loss per share of US$1.93 last year.공지 • Jan 11Matthews International Corporation to Report Q1, 2025 Results on Feb 06, 2025Matthews International Corporation announced that they will report Q1, 2025 results After-Market on Feb 06, 2025공지 • Jan 09+ 1 more updateSouthern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million.Southern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million on January 7, 2025. Under the terms of the agreement, Matthews will realize $350 million of total upfront consideration, which will include $250 million in cash at closing, $50 million of preferred equity in the new entity and the retention of approximately $50 million in trade receivables under the Company’s securitization program. In addition, Matthews will receive a 40% interest in the common equity of the new entity. Matthews will also retain its German roto-gravure packaging business and other related investments currently within the SGK Brand Solutions reporting segment. Matthews expects the immediate cash proceeds from the transaction of approximately $250 million will be used predominantly for the repayment of debt while other consideration received in the future will also be used to reduce debt. The transaction is expected to be completed in mid-2025, subject to customary closing conditions, including regulatory approvals. J.P. Morgan Securities LLC is serving as financial advisor, K&L Gates LLP is serving as lead transaction counsel and Covington & Burling LLP is serving as antitrust counsel to Matthews on the transaction. Orrick, Herrington & Sutcliffe LLP is serving as legal counsel to SGS on the transaction.Seeking Alpha • Jan 08Matthews International: The SGK Disposal Is Great NewsSummary The sale of SGK Brands Solutions at a higher-than-expected valuation is a major win, boosting Matthews International Corporation's stock price and aiding deleveraging efforts. The $250 million cash consideration and additional receivables will significantly reduce MATW's net financial position and interest costs, possibly by around 33%. The focus now shifts to the stable and profitable memorialization business and the industrial tech segment, which has potential for a turnaround. The memorialization business's increased prominence could highlight the sum of the parts, since it's attractive for private buyers, while positive developments in industrial tech and legal issues may further enhance stock value. Read the full article on Seeking Alpha공지 • Jan 08Matthews International Corporation, Annual General Meeting, Feb 20, 2025Matthews International Corporation, Annual General Meeting, Feb 20, 2025.분석 기사 • Dec 11Matthews International Corporation (NASDAQ:MATW) Stock Catapults 26% Though Its Price And Business Still Lag The IndustryDespite an already strong run, Matthews International Corporation ( NASDAQ:MATW ) shares have been powering on, with a...공지 • Dec 11Barington Capital Sends Letter to Matthews InternationalOn December 10, 2024, Barington Capital Group, L.P. announced that it has sent a letter to the Chairman of Matthews International Corporation stating that highlighting it's belief regarding the immediate need for new leadership at the Company and the steps the Company must take to improve long-term value for shareholders, called for the prompt replacement of CEO Joseph C. Bartolacci following 18 years of unacceptable capital allocation, dismal share price performance, poor execution and excessive spending. In addition, Barington Capital stated that it believes Company must also reduce indebtedness, explore options to divest underperforming businesses and improve corporate governance to unlock trapped value. Further, Barington Capital stated that it nominated 3 directors with strong boardroom skills and experience as well as proven track records of creating long-term value for shareholders in connection with the 2025 annual meeting of shareholders.분석 기사 • Nov 25Matthews International (NASDAQ:MATW) Will Pay A Larger Dividend Than Last Year At $0.25Matthews International Corporation ( NASDAQ:MATW ) has announced that it will be increasing its dividend from last...Declared Dividend • Nov 25Fourth quarter dividend increased to US$0.25Dividend of US$0.25 is 4.2% higher than last year. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89.8% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.Reported Earnings • Nov 22Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: US$1.93 loss per share (down from US$1.28 profit in FY 2023). Revenue: US$1.80b (down 4.5% from FY 2023). Net loss: US$59.7m (down 252% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 7.1% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Seeking Alpha • Nov 22Matthews International: Signs Of Deleveraging And Margin ImprovementSummary Matthews International Corporation reported strong earnings, with cost control and deleveraging progress, despite issues in the EV market and marketing limitations for battery technology. The launch of new products like the laser product and Acxiom, along with cost reductions, are expected to drive future growth and profitability in 2025. Memorialization business showed margin improvement and EBITDA growth, benefiting from inventory costing dynamics and cost-cutting measures, despite sales declines. The valuation remains conservative, with upside potential now more dependent on execution and resolution of the Tesla lawsuit, although value is still there. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Nov 21Board Member exercised options and sold US$364k worth of stockOn the 17th of November, Gregory Babe exercised options to acquire 15k shares at no cost and sold these for an average price of US$23.76 per share. This trade did not impact their existing holding. Since December 2023, Gregory has owned 66.10k shares directly. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.공지 • Nov 21Matthews International Increases Quarterly Dividend, Payable on December 16, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on November 20, 2024, a dividend of $0.25 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. The dividend is payable December 16, 2024 to stockholders of record December 2, 2024.공지 • Nov 09Matthews International Corporation to Report Q4, 2024 Results on Nov 21, 2024Matthews International Corporation announced that they will report Q4, 2024 results After-Market on Nov 21, 2024분석 기사 • Nov 07These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Oct 08Revenues Working Against Matthews International Corporation's (NASDAQ:MATW) Share PriceYou may think that with a price-to-sales (or "P/S") ratio of 0.4x Matthews International Corporation ( NASDAQ:MATW ) is...Seeking Alpha • Oct 06Matthews International: Lawsuit Risks Loom, But Inflection Point Could Be NearSummary Matthews International faces challenges due to an outstanding Tesla lawsuit casting a pall, but historically low stock levels present a potential buying opportunity as operating metrics may improve. The company's memorialization business shows promise with expected Q4 improvements, lapping declining death rates and tough comparisons. Industrial technology struggles with stalled EV battery equipment orders, but new product launches and backlog liquidation could drive consolidation in results. Cost-saving measures and strategic acquisitions aim to improve profitability, and it's high time that happened in businesses acquired on the cheap. So far, the timelines have been consistent with past promises, especially the union situation at OLBRICH, and we think results could start to come in from here. Read the full article on Seeking AlphaMajor Estimate Revision • Sep 26Consensus EPS estimates fall by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.40 to US$0.285 per share. Revenue forecast steady at US$1.79b. Net income forecast to shrink 53% next year vs 32% growth forecast for Commercial Services industry in the US . Consensus price target down from US$45.00 to US$38.00. Share price fell 6.1% to US$22.79 over the past week.Price Target Changed • Sep 25Price target decreased by 21% to US$38.00Down from US$48.00, the current price target is an average from 2 analysts. New target price is 69% above last closing price of US$22.49. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$0.40 for next year compared to US$1.28 last year.새 내러티브 • Sep 24Innovations And Calculated Cost Cuts Poised To Propel Revenue Growth And Market Leadership Expansion in the SGK segment and the launch of a new laser product line indicate potential revenue growth and market share increase in packaging and product identification. Major Estimate Revision • Sep 18Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.67 to US$0.40 per share. Revenue forecast steady at US$1.79b. Net income forecast to grow 7.9% next year vs 32% growth forecast for Commercial Services industry in the US. Consensus price target of US$45.00 unchanged from last update. Share price rose 4.2% to US$23.96 over the past week.Major Estimate Revision • Aug 09Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.85b to US$1.81b. EPS estimate also fell from US$0.945 per share to US$0.67 per share. Net income forecast to grow 36% next year vs 21% growth forecast for Commercial Services industry in the US. Consensus price target down from US$48.00 to US$45.00. Share price fell 7.7% to US$25.89 over the past week.Price Target Changed • Aug 05Price target decreased by 11% to US$45.00Down from US$50.50, the current price target is an average from 2 analysts. New target price is 79% above last closing price of US$25.21. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$0.67 for next year compared to US$1.28 last year.Reported Earnings • Aug 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.057 (down from US$0.28 in 3Q 2023). Revenue: US$427.8m (down 9.3% from 3Q 2023). Net income: US$1.78m (down 80% from 3Q 2023). Profit margin: 0.4% (down from 1.9% in 3Q 2023). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 28Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 5th August 2024 Payment date: 19th August 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Jul 25Matthews International Corporation Declares Quarterly Dividend, Payable on August 19, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on July 24, 2024, a dividend of $0.24 per share on the Company’s common stock. The dividend is payable on August 19, 2024 to stockholders of record August 5, 2024.분석 기사 • Jul 18Is Now An Opportune Moment To Examine Matthews International Corporation (NASDAQ:MATW)?While Matthews International Corporation ( NASDAQ:MATW ) might not have the largest market cap around , it saw a decent...Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$27.35, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Commercial Services industry in the US. Total loss to shareholders of 13% over the past three years.공지 • Jul 13Matthews International Corporation to Report Q3, 2024 Results on Aug 01, 2024Matthews International Corporation announced that they will report Q3, 2024 results After-Market on Aug 01, 2024Seeking Alpha • Jul 07Matthews International: Investigating Contrarian Potential In Unusual ConglomerateSummary Matthews International is a conglomerate with Memorialization, Brand Solutions, and Industrial Technologies segments. The company faces challenges with debt levels and recent customer delays in its smaller segments. There's potential for a near-term rebound in shares of MATW, especially from any further progress in Fed Rate cuts, but otherwise I'm waiting on this name until the businesses improve. Read the full article on Seeking Alpha공지 • Jul 03+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth Index공지 • Jun 19Matthews International Corporation Refutes Tesla AllegationsMatthews International Corporation announced on June 14, 2024, Tesla filed a complaint in Federal District Court in the Northern District of California. The claims stated in this threadbare complaint are utterly without merit and it intend to vigorously defend the matter. Notably, the complaint vaguely references trade secrets, but fails to identify even one trade secret that Tesla purportedly disclosed to Matthews. The company is continuing to evaluate this complaint and may pursue legal remedies. Contrary to the allegations in the complaint, Tesla’s lawsuit is simply a new tactic in their ongoing efforts to bully Matthews and improperly take Matthews’ valuable intellectual property. Furthermore, Tesla’s complaint attempts to restrict the company from offering its innovative solutions to others, preventing the market from significantly benefiting from the savings associated with its dry battery electrode (DBE) solutions, and thus interfering with Matthews’ ability to realize the value of its intellectual property.Major Estimate Revision • May 10Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.90b to US$1.85b. EPS estimate also fell from US$1.24 per share to US$0.945 per share. Net income forecast to grow 21% next year vs 25% growth forecast for Commercial Services industry in the US. Consensus price target of US$48.00 unchanged from last update. Share price was steady at US$28.83 over the past week.Seeking Alpha • May 06Matthews International Q2: Warehouse Automation Muting Energy GrowthSummary Matthews International Corporation reported Q2 earnings with impacts from warehouse automation and delayed EV plans, but expects incremental improvement in coming quarters. Memorialization segment is facing volume issues due to lower death rates compared to 2022, but underlying trends are positive. The industrial technologies segment is suffering from warehouse automation, but the company believes the situation will turn around, and energy solutions are growing even without the major order realized. SGK restructuring efforts have improved EBITDA performance considerably. The continued underlying strength in energy solutions, focused on EV markets, is reassuring, and assuages fears about the major order delay. A turnaround could be coming. Read the full article on Seeking AlphaReported Earnings • May 03Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: US$0.29 (down from US$0.30 in 2Q 2023). Revenue: US$471.2m (down 1.7% from 2Q 2023). Net income: US$9.03m (down 1.1% from 2Q 2023). Profit margin: 1.9% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 28First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 3rd May 2024 Payment date: 20th May 2024 Dividend yield will be 3.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Apr 27Matthews International Corporation Appoints Francis Wlodarczyk to Board of DirectorsMatthews International Corporation announced that Francis Wlodarczyk has been appointed to the Companys Board of Directors. Mr. Wlodarczyk brings 35 years of experience in industrial automation, working with global and regional manufacturers in many industries, including automotive, material handling, packaging and consumer products. Most recently, Mr. Wlodarczyk served as Senior Vice President, Intelligent Devices at Rockwell Automation located in Milwaukee, Wisconsin. In this role, he led a multi-billion-dollar global business, responsible for strategic direction, growth, and profitability. Throughout his tenure at Rockwell Automation, Mr. Wlodarczyk served in multiple senior leadership positions in the U.S. and Europe, including roles in general management, strategy development, sales, business development and engineering. Mr. Wlodarczyks appointment to the Board of Directors is the result of an extensive process conducted by the Company. Mr. Wlodarczyk has been appointed to the class of directors whose terms expire at the 2026 Annual Meeting of the Shareholders of the Company.공지 • Apr 25Matthews International Corporation Declares Quarterly Dividend, Payable on May 20, 2024Matthews International Corporation announced that its board of directors declared, at its regularly scheduled meeting on April 24, 2024, a quarterly dividend of $0.24 per share on the company’s common stock. The dividend is payable May 20, 2024 to stockholders of record May 6, 2024.Price Target Changed • Apr 19Price target decreased by 9.4% to US$48.00Down from US$53.00, the current price target is an average from 2 analysts. New target price is 82% above last closing price of US$26.43. Stock is down 31% over the past year. The company is forecast to post earnings per share of US$1.24 for next year compared to US$1.28 last year.분석 기사 • Apr 17The Returns At Matthews International (NASDAQ:MATW) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...공지 • Apr 09Matthews International Corporation to Report Q2, 2024 Results on May 02, 2024Matthews International Corporation announced that they will report Q2, 2024 results After-Market on May 02, 2024분석 기사 • Mar 30We Think Matthews International (NASDAQ:MATW) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Mar 15Investors Don't See Light At End Of Matthews International Corporation's (NASDAQ:MATW) TunnelWith a price-to-sales (or "P/S") ratio of 0.5x Matthews International Corporation ( NASDAQ:MATW ) may be sending...이익 및 매출 성장 예측NasdaqGS:MATW - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20281,05035N/AN/A19/30/20271,06113577429/30/20261,0792920023/31/20261,21210-99-72N/A12/31/20251,38123-82-51N/A9/30/20251,498-24-59-24N/A6/30/20251,626-65-362N/A3/31/20251,704-79-931N/A12/31/20241,748-614182N/A9/30/20241,796-603479N/A6/30/20241,82926-146N/A3/31/20241,873331465N/A12/31/20231,882333688N/A9/30/20231,881392980N/A6/30/20231,858-5962119N/A3/31/20231,808-654299N/A12/31/20221,773-7657118N/A9/30/20221,762-10066127N/A6/30/20221,744-2290140N/A3/31/20221,751-2297143N/A12/31/20211,723-1561100N/A9/30/20211,6713128163N/A6/30/20211,63114130164N/A3/31/20211,56213175207N/A12/31/20201,520-78178210N/A9/30/20201,498-87146180N/A6/30/20201,492-166134165N/A3/31/20201,511-153114152N/A12/31/20191,528-52N/A128N/A9/30/20191,537-38N/A131N/A6/30/20191,55263N/A154N/A3/31/20191,58573N/A137N/A12/31/20181,60775N/A148N/A9/30/20181,603107N/A148N/A6/30/20181,59197N/A136N/A3/31/20181,569102N/A161N/A12/31/20171,53699N/A141N/A9/30/20171,51674N/A149N/A6/30/20171,49779N/A138N/A3/31/20171,48973N/A133N/A12/31/20161,47572N/A146N/A9/30/20161,48067N/A140N/A6/30/20161,47260N/A137N/A3/31/20161,45459N/A141N/A12/31/20151,43754N/A143N/A9/30/20151,42663N/A141N/A6/30/20151,40851N/A131N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MATW 의 연간 예상 수익 증가율(24.2%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: MATW 의 연간 수익(24.2%)이 US 시장(16.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: MATW 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: MATW 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -5.4%).고성장 매출: MATW 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -5.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: MATW의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 05:11종가2026/05/07 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Matthews International Corporation는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liam BurkeBrean Capital Historical (Janney Montgomery)Liam BurkeB. Riley Securities, Inc.Daniel MooreCJS Securities, Inc.2명의 분석가 더 보기
Major Estimate Revision • Apr 07Consensus EPS estimates fall by 24%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$1.80 to US$1.37 per share. Revenue forecast steady at US$1.09b. Net income forecast to grow 47% next year vs 24% growth forecast for Consumer Services industry in the US. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$25.88 over the past week.
Major Estimate Revision • Feb 11Consensus EPS estimates increase from loss to US$1.80 profit, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$1.14b to US$1.13b. EPS estimate of -US$0.19 up from expected loss of US$1.80 per share previously. Consumer Services industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$26.43 over the past week.
Price Target Changed • Jan 13Price target increased by 7.9% to US$41.00Up from US$38.00, the current price target is an average from 2 analysts. New target price is 34% above last closing price of US$30.52. Stock is down 12% over the past year. The company is forecast to post a net loss per share of US$0.20 next year compared to a net loss per share of US$1.93 last year.
Major Estimate Revision • Sep 26Consensus EPS estimates fall by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.40 to US$0.285 per share. Revenue forecast steady at US$1.79b. Net income forecast to shrink 53% next year vs 32% growth forecast for Commercial Services industry in the US . Consensus price target down from US$45.00 to US$38.00. Share price fell 6.1% to US$22.79 over the past week.
Price Target Changed • Sep 25Price target decreased by 21% to US$38.00Down from US$48.00, the current price target is an average from 2 analysts. New target price is 69% above last closing price of US$22.49. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$0.40 for next year compared to US$1.28 last year.
Major Estimate Revision • Sep 18Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.67 to US$0.40 per share. Revenue forecast steady at US$1.79b. Net income forecast to grow 7.9% next year vs 32% growth forecast for Commercial Services industry in the US. Consensus price target of US$45.00 unchanged from last update. Share price rose 4.2% to US$23.96 over the past week.
Declared Dividend • May 04Second quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 11th May 2026 Payment date: 25th May 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (328% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 265% to bring the payout ratio under control. EPS is expected to grow by 91% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Seeking Alpha • May 02Matthews International: Upbeat On Propelis Synergies, DeleveragingSummary Matthews International delivered a solid quarter, with Memorialization achieving flat organic sales despite industry volume pressures. Propelis, with a $130M EBITDA run rate and synergy realization, underpins MATW’s valuation case; a disposal is targeted in 18–24 months. The Industrial Tech segment shows green shoots: Axian’s commercial launch resumes, legal wins secure patents, and a $100M+ backlog signals future traction again. Deleveraging and accretive M&A strengthen MATW’s position, but lower cost of capital and improved Industrial Tech delivery would further enhance conviction in the SotP. Read the full article on Seeking Alpha
공지 • May 02Matthews International Declares Quarterly Dividend, Payable on May 25, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.255 per share on the Company's common stock. The dividend is payable May 25, 2026 to stockholders of record May 11, 2026.
Reported Earnings • May 01Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: US$0.69 loss per share (further deteriorated from US$0.29 loss in 2Q 2025). Revenue: US$258.6m (down 40% from 2Q 2025). Net loss: US$21.8m (loss widened 145% from 2Q 2025). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is expected to decline by 4.4% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in the US are expected to grow by 6.4%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공지 • Apr 11Matthews International Corporation to Report Q2, 2026 Results on Apr 30, 2026Matthews International Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026
Major Estimate Revision • Apr 07Consensus EPS estimates fall by 24%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from US$1.80 to US$1.37 per share. Revenue forecast steady at US$1.09b. Net income forecast to grow 47% next year vs 24% growth forecast for Consumer Services industry in the US. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$25.88 over the past week.
공지 • Feb 20Matthews International Corporation Announces Management ChangesMatthews International Corporation at its Annual Meeting of Shareholders held on February 19, 2026 selected J. Michael Nauman to replace Alvaro Garcia-Tunon as Chairman of the Board. Mr. Nauman was first appointed to Matthews' Board of Directors in February 2025. Retired as President, Chief Executive Officer, and Director of Brady Corporation, and previously of Molex Incorporated, Ohio Associate Enterprises, and Arthur Andersen and Co., Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise.
Major Estimate Revision • Feb 11Consensus EPS estimates increase from loss to US$1.80 profit, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$1.14b to US$1.13b. EPS estimate of -US$0.19 up from expected loss of US$1.80 per share previously. Consumer Services industry in the US expected to see average net income growth of 23% next year. Consensus price target of US$38.00 unchanged from last update. Share price was steady at US$26.43 over the past week.
Reported Earnings • Feb 04First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$1.39 (up from US$0.11 loss in 1Q 2025). Revenue: US$284.8m (down 29% from 1Q 2025). Net income: US$43.6m (up US$47.1m from 1Q 2025). Profit margin: 15% (up from net loss in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is expected to decline by 10% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in the US are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Declared Dividend • Feb 01Fourth quarter dividend of US$0.26 announcedShareholders will receive a dividend of US$0.26. Ex-date: 9th February 2026 Payment date: 23rd February 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
공지 • Jan 29Matthews International Corporation Declares Quarterly Dividend, Payable on February 23, 2026Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 28, 2026, a dividend of $0.255 per share on the Company's common stock. The dividend is payable February 23, 2026 to stockholders of record February 9, 2026.
공지 • Jan 21Matthews International Corporation, Annual General Meeting, Feb 19, 2026Matthews International Corporation, Annual General Meeting, Feb 19, 2026.
공지 • Jan 10Matthews International Corporation to Report Q1, 2026 Results on Feb 03, 2026Matthews International Corporation announced that they will report Q1, 2026 results After-Market on Feb 03, 2026
공지 • Jan 02Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million.Duravant LLC signed a definitive agreement to acquire Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $230 million on November 13, 2025. The consideration comprises $223.3 million in cash and the assumption of certain liabilities. The cash proceeds from the sale will be used to reduce debt and strengthen balance sheet. The Warehouse Automation business will become part of Duravant’s Material Handling operating group. The Warehouse Automation business generated $72 million in sales for fiscal 2025. The transaction is subject to customary regulatory approvals and is expected to close before the end of Matthews' fiscal 2026 second quarter. The total purchase price represents a compelling valuation multiple that is significantly accretive to Matthews' current trading range. J.P. Morgan Securities LLC acted as financial advisor for Matthews International Corporation. K&L Gates LLP acted as legal advisor for Matthews International Corporation. Duravant LLC completed the acquisition of Warehouse Automation Business of Matthews International Corporation (NasdaqGS:MATW) for $232.1 million on December 31, 2025.
Recent Insider Transactions Derivative • Nov 25CEO, President & Director exercised options and sold US$982k worth of stockOn the 20th of November, Joseph Bartolacci exercised options to acquire 39k shares at no cost and sold these for an average price of US$25.10 per share. This trade did not impact their existing holding. For the year to September 2019, Joseph's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Joseph's direct individual holding has increased from 551.05k shares to 584.95k. Company insiders have collectively sold US$2.7m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Nov 23Fourth quarter dividend increased to US$0.26Dividend of US$0.26 is 2.0% higher than last year. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
Reported Earnings • Nov 21Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: US$0.79 loss per share (improved from US$1.93 loss in FY 2024). Revenue: US$1.50b (down 17% from FY 2024). Net loss: US$24.5m (loss narrowed 59% from FY 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 15% p.a. on average during the next 2 years, while revenues in the Consumer Services industry in the US are expected to grow by 8.5%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공지 • Nov 20+ 1 more updateMatthews International Corporation Announces Board ChangesMatthews International Corporation announced that its Board of Directors has unanimously elected J. Michael Nauman to serve as the next Chairman of the Board, effective following the 2026 Annual Meeting of Shareholders. Mr. Nauman will succeed Alvaro Garcia-Tunon, who has served as Chair since 2022 and will retire from the Board when his term expires at the Annual Meeting. Mr. Nauman is a highly experienced executive with over 35 years of commercial, strategic, and financial expertise. Mr. Nauman was first elected to the Matthews Board at the 2025 Annual Meeting of Shareholders, where he received the highest level of support among all nominees. He previously served as President, Chief Executive Officer, and Director of Brady Corporation, a provider of identification and safety products, and as Executive Vice President of the Integrated Products Division at Molex overseeing global operations across multiple end markets.
Recent Insider Transactions Derivative • Nov 20CEO, President & Director exercised options and sold US$651k worth of stockOn the 14th of November, Joseph Bartolacci exercised options to acquire 26k shares at no cost and sold these for an average price of US$24.93 per share. This trade did not impact their existing holding. For the year to September 2019, Joseph's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Joseph's direct individual holding has increased from 551.05k shares to 584.95k. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Nov 14Is Matthews International (NASDAQ:MATW) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공지 • Nov 08Matthews International Corporation to Report Q4, 2025 Results on Nov 20, 2025Matthews International Corporation announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 20, 2025
공지 • Sep 25Matthews International Corporation Unveils Its Proprietary Axian Inkjet (Xij) Printing TechnologyMatthews International Corporation announced that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Utilizing XIJ, the new MPERIA®? Axian XIJ AX1000 Series printer (scheduled to launch next week at the 2025 Pack Expo in Las Vegas) merges the best attributes of Continuous Inkjet (CIJ) and Thermal Inkjet (TIJ) into a single, high-performance platform. Developed by Matthews Marking Systems engineers, XIJ leverages proprietary micro-electromechanical systems (MEMS) technology to deliver a column of ink droplets simultaneously--unlike traditional CIJ systems that eject droplets sequentially. This enables crisp, consistent, high-resolution marks at unprecedented speeds. Key Advantages of XIJ Technology: Simultaneously prints 2D codes and multi-line text without reducing line speed; Lowered total cost of ownership (TCO) by eliminating make up fluids and reducing maintenance costs; Full print resolution at faster speeds compared to CIJ; User adjustable ink controls for clear, high-quality marks. XIJ vs. Traditional Inkjet: Feature Traditional Inkjet (CIJ/TIJ) MEMS-Based (Axian XIJ) Valve Control Mechanical/Electromagnetic Micro-valve MEMS Resolution at 8mm Up to 70 DPI 100 DPI; The Maintenance Complex, frequent Simple, infrequent; Make Up Fluids As needed; Environmental Impact Solvent fumes (CIJ only) Closed system, eco-friendly; Speed & Flexibility Limited for 2D codes (CIJ only) Full speed, 2D/linear codes; Closed Ink System for Eco-Friendly Operation: The MPERIA®? Axians XIJ features a closed ink system that eliminates the need for solvent additives, reducing emissions and supporting sustainable operations. The system draws less than 25 watts of power and is housed in a stainless-steel enclosure for nearly maintenance-free use. Performance Highlights: Speed: Up to 200 ft/min (60 m/min); Resolution: Up to 100 DPI; Print Height: Up to 0.50" (13 mm); Lines of Text: Up to five; throw Distance: 8 mm (optimal); Startup Time: Under one minute; Ink System: Single 800 ml cartridge, no make-up solvent required. Versatile Substrate Compatibility:XIJ technology enables confident marking on a wide range of materials, including: Flexible films (PET, OPP); Coated cardboard and chipboard; Plastics (PVC, HDPE, LDPE); Environmental & Operational Benefits; Closed system: No solvent fumes or emissions; Lower power consumption: Reduced carbon footprint; Compact design: Easy to install and position on manufacturing lines.
공지 • Aug 20+ 1 more updateMatthews International Corporation Announces Executive ChangesMatthews International Corporation announced that Steven F. Nicola Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Company’s financial strategy, governance, and growth. The Board has named Daniel E. Stopar to succeed Mr. Nicola as Treasurer, effective December 1, 2025. Mr. Stopar, who joined Matthews in 2013, has extensive experience in financial, accounting and reporting matters and has held various executive financial roles with the Company, most recently as Senior Vice President, Operations Controller and Head of Global Business Services. Prior to joining Matthews, Mr. Stopar served in several financial leadership roles for Royal Philips Electronics and Respironics Inc.
Reported Earnings • Aug 06Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.49 (up from US$0.058 in 3Q 2024). Revenue: US$349.4m (down 18% from 3Q 2024). Net income: US$15.4m (up US$13.6m from 3Q 2024). Profit margin: 4.4% (up from 0.4% in 3Q 2024). Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is expected to decline by 18% p.a. on average during the next 3 years, while revenues in the Consumer Services industry in the US are expected to grow by 9.6%. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year.
Declared Dividend • Aug 03Second quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 11th August 2025 Payment date: 25th August 2025 Dividend yield will be 4.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
분석 기사 • Jul 31These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt In A Risky WayHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공지 • Jul 31Matthews International Corporation Declares a Dividend, Payable on August 25, 2025Matthews International Corporation announced that its Board of Directors declared a dividend of $0.25 per share on the Company’s common stock. The dividend is payable August 25, 2025 to stockholders of record August 11, 2025.
공지 • Jul 11Matthews International Corporation to Report Q3, 2025 Results on Aug 05, 2025Matthews International Corporation announced that they will report Q3, 2025 results After-Market on Aug 05, 2025
공지 • Jun 30+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell 2000 Value-Defensive Index
Declared Dividend • May 04Second quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 12th May 2025 Payment date: 26th May 2025 Dividend yield will be 5.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
Reported Earnings • May 01Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: US$0.29 loss per share (down from US$0.29 profit in 2Q 2024). Revenue: US$427.6m (down 9.3% from 2Q 2024). Net loss: US$8.92m (down 199% from profit in 2Q 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공지 • May 01Matthews International Declares Quarterly Dividend, Payable on May 26, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting a dividend of $0.25 per share on the Company’s common stock. The dividend is payable May 26, 2025 to stockholders of record May 12, 2025.
공지 • Apr 12Matthews International Corporation to Report Q2, 2025 Results on Apr 30, 2025Matthews International Corporation announced that they will report Q2, 2025 results After-Market on Apr 30, 2025
분석 기사 • Apr 04Lacklustre Performance Is Driving Matthews International Corporation's (NASDAQ:MATW) Low P/SWith a price-to-sales (or "P/S") ratio of 0.4x Matthews International Corporation ( NASDAQ:MATW ) may be sending...
Seeking Alpha • Mar 19Matthews International: No Catalyst From Activism In Board ContestSummary There was a pretty tight contest between activists and incumbents for board seats. The contest got very heated, and shareholders were furnished with quite aggressively worded letters that accused activists of being ignorant about Matthews International businesses. We think an activist board would more aggressively try to make deals to dispose of the MATW businesses, and we believe these disposals would all come at nice prices. Even though we are not getting an activist board, we reiterate that the SGK sale, even in its first iteration, was a step in the right direction, but not enough. Read the full article on Seeking Alpha
공지 • Mar 13Matthews International Corporation has filed a Follow-on Equity Offering.Matthews International Corporation has filed a Follow-on Equity Offering. Security Name: Class A Common Stock Security Type: Common Stock Securities Offered: 1,250,000 Transaction Features: At the Market Offering
Recent Insider Transactions • Feb 27Independent Director recently bought US$98k worth of stockOn the 24th of February, J. Nauman bought around 4k shares on-market at roughly US$24.59 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
공지 • Feb 22Matthews International Corporation Elects J. Michael Nauman as DirectorMatthews International Corporation at its Annual Meeting of Shareholders held on February 20, 2025 elected J. Michael Nauman as director for a term of three years. He was elected to serve until the Company’s 2028 Annual Meeting of Shareholders and until his successor is elected and qualified or until his earlier death, resignation or removal.
공지 • Feb 19+ 2 more updatesBarington Capital Reminds Matthews International Shareholders to Cast their VoteOn February 19, 2025, Barington Capital Group L P reminds Matthews International Corporation shareholders that Annual Meeting of Shareholders presents a critical opportunity to help the Company restore good governance, market credibility and long-term value creation through the election of its nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Company's Board of Directors. In addition, Barington criticizes the current Board for poor governance, share price underperformance, and not holding the CEO accountable, and asked the Company shareholders in casting their votes consider the current Board has overseen an inordinately long period of share price underperformance, current Board's last-minute actions are a desperate attempt to placate shareholders, independent proxy advisors’ recommendations regarding board nominations. Barington Capital urged the shareholders to vote for its board nominees at the annual meeting of shareholders.
공지 • Feb 18+ 1 more updateBarington Capital Provides Information to Shareholders of Matthews InternationalOn February 18, 2025, Barington Capital Group L P criticized the Matthews International Corporation current Board for 18 years of underperformance, poor capital allocation, and weak corporate governance, and a vote for its nominees is a vote in favour of the relevant skills, board experience, independent perspectives and fierce commitment to shareholders required to help drive good governance and long-term value creation at the Company. In addition, Barington Capita stated that the Company has made recent governance changes, such as declassifying its Board and implementing a majority voting standard, which Barington believes are attempts to placate shareholders, and independent proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend voting for Barington’s nominees. Further, Barington Capital urges Company shareholders to vote for their nominees Ana Amicarella, Chan Galbato, and James Mitarotonda to the Board of Directors, and emphasizes the importance of this election for the future of Company’s and urges shareholders to vote for their nominees to drive long-term value creation.
공지 • Feb 17Matthews International Corporation Appoints Thomas Gebhardt to the Board of DirectorsMatthews International Corporation announced that Thomas Gebhardt has been appointed to the company’s board of directors, effective immediately. As previously announced on January 24, 2025, Gregory S. Babe informed Matthews that he would not stand for re-election to the Company’s Board at the 2026 Annual Meeting of Shareholders. As a result of the addition of Mr. Gebhardt to the Matthews Board, Mr. Babe has resigned from the Board, effective immediately. Mr. Gebhardt brings deep industrial automation and battery expertise to Matthews, including over 30 years of experience at Panasonic where he most recently served as Chairman and Chief Executive Officer of Panasonic’s North American business. Under his leadership at Panasonic, the company transitioned from a consumer electronics firm to a successful provider of devices and systems solutions in the industrial and technology sectors. Mr. Gebhardt is recognized for having significantly expanded the company’s presence in Automotive, growing the business to more than $2.8 billion in revenue over a five-year period. In batteries specifically, he grew the business from multi millions to billions of dollars in revenue. Notably, Mr. Gebhardt led Panasonic’s partnership with Toyota and was intimately involved with the development of the exclusive supply relationship between Panasonic and Tesla, including leading Tesla’s Reno based Gigafactory project, which produces the majority of lithium batteries for Tesla’s electric vehicles. Most recently, Mr. Gebhardt served as Interim CEO of Imprint Energy, a printable battery printing company that was acquired by CCL Industries in 2023.
공지 • Feb 15+ 1 more updateAlvaro Garcia-Tunon to Retire from the Board of Matthews International CorporationMatthews International Corporation announced a Board refreshment plan and corporate governance enhancements in furtherance of its commitment to enhance long-term shareholder value. The Matthews Board of Directors intends to effect an orderly transition of the Board Chair role. The Board will appoint a new independent Board Chair by the next annual meeting in 2026, and current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting of Shareholders.
공지 • Feb 13Barington Capital Sends Letter to Shareholders of Matthews InternationalOn February 12, 2025, Barington Capital Group, L.P. sent a letter to Matthews International Corporation’s shareholders highlighting unanimous support for the election of its director nominees – Ana B. Amicarella, Chan W. Galbato, and James Mitarotonda – to the Company’s Board of Directors by all 3 independent proxy advisory firms, ISS, Glass Lewis and Egan-Jones, as well as the Company’s dismal fiscal 2025 first quarter earnings results. Barington Capital also stated that it has uploaded material to https://barington.com/matthews.
Reported Earnings • Feb 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: US$0.11 loss per share (further deteriorated from US$0.074 loss in 1Q 2024). Revenue: US$401.8m (down 11% from 1Q 2024). Net loss: US$3.47m (loss widened 51% from 1Q 2024). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) exceeded analyst estimates by 41%. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공지 • Feb 06Matthews International Announces Positive Ruling in Arbitration with TeslaMatthews International Corporation provided an update on the ongoing business dispute involving Tesla. On February 5, 2025, an arbitrator issued a decision on an arbitration demand filed by Matthews against Tesla in January 2024. This ruling acknowledged Matthews’ extensive, pre-Tesla background in manufacturing advanced Dry Battery Electrode (“DBE”) technology and affirmed that the Company has the right to sell its solutions to customers other than Tesla. Matthews intends to immediately resume marketing, selling and delivering its DBE products to other customers in the growing electric vehicle market, where battery and automobile equipment manufacturers from around the world seek to adopt Matthews’ innovative solutions. On November 5, 2024, Matthews was awarded U.S. Patent No. 12,136,727 B2 entitled Systems for Manufacturing a Dry Electrode, and Matthews expects this foundational work to lead to further innovations and developments to support the expanding DBE industry. After exhausting efforts to negotiate a resolution to a dispute with its DBE customer Tesla that arose over a year ago, Matthews was forced to seek a declaratory judgment in a binding arbitration regarding Matthews’ rights to continue selling its innovative DBE solutions to others. While this arbitration was ongoing, Tesla initiated duplicative litigation in federal court, vaguely alleging that Matthews had stolen Tesla’s trade secrets, notwithstanding its agreement to arbitrate all such disputes. Given Tesla’s decision to file a public action against Matthews in June of 2024 and in light of the importance of the arbitrator’s ruling, Matthews is compelled to update the market on this matter.
Declared Dividend • Feb 02Fourth quarter dividend of US$0.25 announcedShareholders will receive a dividend of US$0.25. Ex-date: 10th February 2025 Payment date: 24th February 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
공지 • Jan 30Matthews International Declares Quarterly Dividend, Payable on February 24, 2025Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on January 29, 2025, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable February 24, 2025 to stockholders of record February 10, 2025.
공지 • Jan 27Matthews International Corporation Announces Gregory S. Babe Will Not Stand for Re-Election as Board of DirectorsOn January 24, 2025, Gregory S. Babe informed Matthews International Corporation that he will not stand for re-election to the Company’s Board of Directors at the Company’s 2026 Annual Meeting of Shareholders.
Price Target Changed • Jan 13Price target increased by 7.9% to US$41.00Up from US$38.00, the current price target is an average from 2 analysts. New target price is 34% above last closing price of US$30.52. Stock is down 12% over the past year. The company is forecast to post a net loss per share of US$0.20 next year compared to a net loss per share of US$1.93 last year.
공지 • Jan 11Matthews International Corporation to Report Q1, 2025 Results on Feb 06, 2025Matthews International Corporation announced that they will report Q1, 2025 results After-Market on Feb 06, 2025
공지 • Jan 09+ 1 more updateSouthern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million.Southern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International Corporation (NasdaqGS:MATW) for $350 million on January 7, 2025. Under the terms of the agreement, Matthews will realize $350 million of total upfront consideration, which will include $250 million in cash at closing, $50 million of preferred equity in the new entity and the retention of approximately $50 million in trade receivables under the Company’s securitization program. In addition, Matthews will receive a 40% interest in the common equity of the new entity. Matthews will also retain its German roto-gravure packaging business and other related investments currently within the SGK Brand Solutions reporting segment. Matthews expects the immediate cash proceeds from the transaction of approximately $250 million will be used predominantly for the repayment of debt while other consideration received in the future will also be used to reduce debt. The transaction is expected to be completed in mid-2025, subject to customary closing conditions, including regulatory approvals. J.P. Morgan Securities LLC is serving as financial advisor, K&L Gates LLP is serving as lead transaction counsel and Covington & Burling LLP is serving as antitrust counsel to Matthews on the transaction. Orrick, Herrington & Sutcliffe LLP is serving as legal counsel to SGS on the transaction.
Seeking Alpha • Jan 08Matthews International: The SGK Disposal Is Great NewsSummary The sale of SGK Brands Solutions at a higher-than-expected valuation is a major win, boosting Matthews International Corporation's stock price and aiding deleveraging efforts. The $250 million cash consideration and additional receivables will significantly reduce MATW's net financial position and interest costs, possibly by around 33%. The focus now shifts to the stable and profitable memorialization business and the industrial tech segment, which has potential for a turnaround. The memorialization business's increased prominence could highlight the sum of the parts, since it's attractive for private buyers, while positive developments in industrial tech and legal issues may further enhance stock value. Read the full article on Seeking Alpha
공지 • Jan 08Matthews International Corporation, Annual General Meeting, Feb 20, 2025Matthews International Corporation, Annual General Meeting, Feb 20, 2025.
분석 기사 • Dec 11Matthews International Corporation (NASDAQ:MATW) Stock Catapults 26% Though Its Price And Business Still Lag The IndustryDespite an already strong run, Matthews International Corporation ( NASDAQ:MATW ) shares have been powering on, with a...
공지 • Dec 11Barington Capital Sends Letter to Matthews InternationalOn December 10, 2024, Barington Capital Group, L.P. announced that it has sent a letter to the Chairman of Matthews International Corporation stating that highlighting it's belief regarding the immediate need for new leadership at the Company and the steps the Company must take to improve long-term value for shareholders, called for the prompt replacement of CEO Joseph C. Bartolacci following 18 years of unacceptable capital allocation, dismal share price performance, poor execution and excessive spending. In addition, Barington Capital stated that it believes Company must also reduce indebtedness, explore options to divest underperforming businesses and improve corporate governance to unlock trapped value. Further, Barington Capital stated that it nominated 3 directors with strong boardroom skills and experience as well as proven track records of creating long-term value for shareholders in connection with the 2025 annual meeting of shareholders.
분석 기사 • Nov 25Matthews International (NASDAQ:MATW) Will Pay A Larger Dividend Than Last Year At $0.25Matthews International Corporation ( NASDAQ:MATW ) has announced that it will be increasing its dividend from last...
Declared Dividend • Nov 25Fourth quarter dividend increased to US$0.25Dividend of US$0.25 is 4.2% higher than last year. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (89.8% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
Reported Earnings • Nov 22Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: US$1.93 loss per share (down from US$1.28 profit in FY 2023). Revenue: US$1.80b (down 4.5% from FY 2023). Net loss: US$59.7m (down 252% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 7.1% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Seeking Alpha • Nov 22Matthews International: Signs Of Deleveraging And Margin ImprovementSummary Matthews International Corporation reported strong earnings, with cost control and deleveraging progress, despite issues in the EV market and marketing limitations for battery technology. The launch of new products like the laser product and Acxiom, along with cost reductions, are expected to drive future growth and profitability in 2025. Memorialization business showed margin improvement and EBITDA growth, benefiting from inventory costing dynamics and cost-cutting measures, despite sales declines. The valuation remains conservative, with upside potential now more dependent on execution and resolution of the Tesla lawsuit, although value is still there. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Nov 21Board Member exercised options and sold US$364k worth of stockOn the 17th of November, Gregory Babe exercised options to acquire 15k shares at no cost and sold these for an average price of US$23.76 per share. This trade did not impact their existing holding. Since December 2023, Gregory has owned 66.10k shares directly. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.
공지 • Nov 21Matthews International Increases Quarterly Dividend, Payable on December 16, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting on November 20, 2024, a dividend of $0.25 per share on the Company’s common stock, representing an increase to the Company’s quarterly dividend rate. The dividend is payable December 16, 2024 to stockholders of record December 2, 2024.
공지 • Nov 09Matthews International Corporation to Report Q4, 2024 Results on Nov 21, 2024Matthews International Corporation announced that they will report Q4, 2024 results After-Market on Nov 21, 2024
분석 기사 • Nov 07These 4 Measures Indicate That Matthews International (NASDAQ:MATW) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Oct 08Revenues Working Against Matthews International Corporation's (NASDAQ:MATW) Share PriceYou may think that with a price-to-sales (or "P/S") ratio of 0.4x Matthews International Corporation ( NASDAQ:MATW ) is...
Seeking Alpha • Oct 06Matthews International: Lawsuit Risks Loom, But Inflection Point Could Be NearSummary Matthews International faces challenges due to an outstanding Tesla lawsuit casting a pall, but historically low stock levels present a potential buying opportunity as operating metrics may improve. The company's memorialization business shows promise with expected Q4 improvements, lapping declining death rates and tough comparisons. Industrial technology struggles with stalled EV battery equipment orders, but new product launches and backlog liquidation could drive consolidation in results. Cost-saving measures and strategic acquisitions aim to improve profitability, and it's high time that happened in businesses acquired on the cheap. So far, the timelines have been consistent with past promises, especially the union situation at OLBRICH, and we think results could start to come in from here. Read the full article on Seeking Alpha
Major Estimate Revision • Sep 26Consensus EPS estimates fall by 29%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.40 to US$0.285 per share. Revenue forecast steady at US$1.79b. Net income forecast to shrink 53% next year vs 32% growth forecast for Commercial Services industry in the US . Consensus price target down from US$45.00 to US$38.00. Share price fell 6.1% to US$22.79 over the past week.
Price Target Changed • Sep 25Price target decreased by 21% to US$38.00Down from US$48.00, the current price target is an average from 2 analysts. New target price is 69% above last closing price of US$22.49. Stock is down 43% over the past year. The company is forecast to post earnings per share of US$0.40 for next year compared to US$1.28 last year.
새 내러티브 • Sep 24Innovations And Calculated Cost Cuts Poised To Propel Revenue Growth And Market Leadership Expansion in the SGK segment and the launch of a new laser product line indicate potential revenue growth and market share increase in packaging and product identification.
Major Estimate Revision • Sep 18Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.67 to US$0.40 per share. Revenue forecast steady at US$1.79b. Net income forecast to grow 7.9% next year vs 32% growth forecast for Commercial Services industry in the US. Consensus price target of US$45.00 unchanged from last update. Share price rose 4.2% to US$23.96 over the past week.
Major Estimate Revision • Aug 09Consensus EPS estimates fall by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.85b to US$1.81b. EPS estimate also fell from US$0.945 per share to US$0.67 per share. Net income forecast to grow 36% next year vs 21% growth forecast for Commercial Services industry in the US. Consensus price target down from US$48.00 to US$45.00. Share price fell 7.7% to US$25.89 over the past week.
Price Target Changed • Aug 05Price target decreased by 11% to US$45.00Down from US$50.50, the current price target is an average from 2 analysts. New target price is 79% above last closing price of US$25.21. Stock is down 45% over the past year. The company is forecast to post earnings per share of US$0.67 for next year compared to US$1.28 last year.
Reported Earnings • Aug 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: US$0.057 (down from US$0.28 in 3Q 2023). Revenue: US$427.8m (down 9.3% from 3Q 2023). Net income: US$1.78m (down 80% from 3Q 2023). Profit margin: 0.4% (down from 1.9% in 3Q 2023). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 28Second quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 5th August 2024 Payment date: 19th August 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (214% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Jul 25Matthews International Corporation Declares Quarterly Dividend, Payable on August 19, 2024Matthews International Corporation announced that its Board of Directors declared, at its regularly scheduled meeting held on July 24, 2024, a dividend of $0.24 per share on the Company’s common stock. The dividend is payable on August 19, 2024 to stockholders of record August 5, 2024.
분석 기사 • Jul 18Is Now An Opportune Moment To Examine Matthews International Corporation (NASDAQ:MATW)?While Matthews International Corporation ( NASDAQ:MATW ) might not have the largest market cap around , it saw a decent...
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$27.35, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Commercial Services industry in the US. Total loss to shareholders of 13% over the past three years.
공지 • Jul 13Matthews International Corporation to Report Q3, 2024 Results on Aug 01, 2024Matthews International Corporation announced that they will report Q3, 2024 results After-Market on Aug 01, 2024
Seeking Alpha • Jul 07Matthews International: Investigating Contrarian Potential In Unusual ConglomerateSummary Matthews International is a conglomerate with Memorialization, Brand Solutions, and Industrial Technologies segments. The company faces challenges with debt levels and recent customer delays in its smaller segments. There's potential for a near-term rebound in shares of MATW, especially from any further progress in Fed Rate cuts, but otherwise I'm waiting on this name until the businesses improve. Read the full article on Seeking Alpha
공지 • Jul 03+ 1 more updateMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth IndexMatthews International Corporation(NasdaqGS:MATW) dropped from Russell Small Cap Comp Growth Index
공지 • Jun 19Matthews International Corporation Refutes Tesla AllegationsMatthews International Corporation announced on June 14, 2024, Tesla filed a complaint in Federal District Court in the Northern District of California. The claims stated in this threadbare complaint are utterly without merit and it intend to vigorously defend the matter. Notably, the complaint vaguely references trade secrets, but fails to identify even one trade secret that Tesla purportedly disclosed to Matthews. The company is continuing to evaluate this complaint and may pursue legal remedies. Contrary to the allegations in the complaint, Tesla’s lawsuit is simply a new tactic in their ongoing efforts to bully Matthews and improperly take Matthews’ valuable intellectual property. Furthermore, Tesla’s complaint attempts to restrict the company from offering its innovative solutions to others, preventing the market from significantly benefiting from the savings associated with its dry battery electrode (DBE) solutions, and thus interfering with Matthews’ ability to realize the value of its intellectual property.
Major Estimate Revision • May 10Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$1.90b to US$1.85b. EPS estimate also fell from US$1.24 per share to US$0.945 per share. Net income forecast to grow 21% next year vs 25% growth forecast for Commercial Services industry in the US. Consensus price target of US$48.00 unchanged from last update. Share price was steady at US$28.83 over the past week.
Seeking Alpha • May 06Matthews International Q2: Warehouse Automation Muting Energy GrowthSummary Matthews International Corporation reported Q2 earnings with impacts from warehouse automation and delayed EV plans, but expects incremental improvement in coming quarters. Memorialization segment is facing volume issues due to lower death rates compared to 2022, but underlying trends are positive. The industrial technologies segment is suffering from warehouse automation, but the company believes the situation will turn around, and energy solutions are growing even without the major order realized. SGK restructuring efforts have improved EBITDA performance considerably. The continued underlying strength in energy solutions, focused on EV markets, is reassuring, and assuages fears about the major order delay. A turnaround could be coming. Read the full article on Seeking Alpha
Reported Earnings • May 03Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: US$0.29 (down from US$0.30 in 2Q 2023). Revenue: US$471.2m (down 1.7% from 2Q 2023). Net income: US$9.03m (down 1.1% from 2Q 2023). Profit margin: 1.9% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Commercial Services industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 28First quarter dividend of US$0.24 announcedShareholders will receive a dividend of US$0.24. Ex-date: 3rd May 2024 Payment date: 20th May 2024 Dividend yield will be 3.5%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Apr 27Matthews International Corporation Appoints Francis Wlodarczyk to Board of DirectorsMatthews International Corporation announced that Francis Wlodarczyk has been appointed to the Companys Board of Directors. Mr. Wlodarczyk brings 35 years of experience in industrial automation, working with global and regional manufacturers in many industries, including automotive, material handling, packaging and consumer products. Most recently, Mr. Wlodarczyk served as Senior Vice President, Intelligent Devices at Rockwell Automation located in Milwaukee, Wisconsin. In this role, he led a multi-billion-dollar global business, responsible for strategic direction, growth, and profitability. Throughout his tenure at Rockwell Automation, Mr. Wlodarczyk served in multiple senior leadership positions in the U.S. and Europe, including roles in general management, strategy development, sales, business development and engineering. Mr. Wlodarczyks appointment to the Board of Directors is the result of an extensive process conducted by the Company. Mr. Wlodarczyk has been appointed to the class of directors whose terms expire at the 2026 Annual Meeting of the Shareholders of the Company.
공지 • Apr 25Matthews International Corporation Declares Quarterly Dividend, Payable on May 20, 2024Matthews International Corporation announced that its board of directors declared, at its regularly scheduled meeting on April 24, 2024, a quarterly dividend of $0.24 per share on the company’s common stock. The dividend is payable May 20, 2024 to stockholders of record May 6, 2024.
Price Target Changed • Apr 19Price target decreased by 9.4% to US$48.00Down from US$53.00, the current price target is an average from 2 analysts. New target price is 82% above last closing price of US$26.43. Stock is down 31% over the past year. The company is forecast to post earnings per share of US$1.24 for next year compared to US$1.28 last year.
분석 기사 • Apr 17The Returns At Matthews International (NASDAQ:MATW) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
공지 • Apr 09Matthews International Corporation to Report Q2, 2024 Results on May 02, 2024Matthews International Corporation announced that they will report Q2, 2024 results After-Market on May 02, 2024
분석 기사 • Mar 30We Think Matthews International (NASDAQ:MATW) Is Taking Some Risk With Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Mar 15Investors Don't See Light At End Of Matthews International Corporation's (NASDAQ:MATW) TunnelWith a price-to-sales (or "P/S") ratio of 0.5x Matthews International Corporation ( NASDAQ:MATW ) may be sending...
