Matthews International (MATW) Scheduled to Post Quarterly Earnings on Thursday

Matthews International (NASDAQ:MATW) is set to release its earnings data after the market closes on Thursday, November 21st. Analysts expect Matthews International to post earnings of $0.41 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Matthews International Stock Up 0.8 %

Matthews International stock opened at $23.90 on Wednesday. The firm has a 50 day simple moving average of $23.06 and a 200 day simple moving average of $25.24. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 1.64. Matthews International has a 1-year low of $21.09 and a 1-year high of $39.12. The firm has a market capitalization of $731.34 million, a price-to-earnings ratio of 28.45 and a beta of 1.06.

Wall Street Analyst Weigh In

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

About Matthews International

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