With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. During the session, the Specialty Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $10.19 whereas the lowest price it dropped to was $9.745. The 52-week range on MATV shows that it touched its highest point at $19.96 and its lowest point at $9.95 during that stretch. It currently has a 1-year price target of $17.17. With its current market cap of 541.18 million, MATV has annualized dividend of $0.40 while the current yield stands at 4.02%. Beta for the stock currently stands at 0.66.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MATV was down-trending over the past week, with a drop of -8.62%, but this was down by -17.89% over a month. Three-month performance dropped to -37.91% while six-month performance fell -36.24%. The stock lost -33.47% in the past year, while it has lost -8.62% so far this year. A look at the trailing 12-month EPS for MATV yields 1.97 with Next year EPS estimates of 1.04. For the next quarter, that number is 0.02. This implies an EPS growth rate of -26.67% for this year and 77.84% for next year.
Float and Shares Shorts:
At present, 54.33 million MATV shares are outstanding with a float of 53.02 million shares on hand for trading. On 2024-12-13, short shares totaled 1.21 million, which was 223.0 higher than short shares on 1731628800. In addition to Ms. Julie A. Schertell as the firm’s President, CEO & Director, Mr. Gregory Weitzel serves as its CFO & Executive VP.
Institutional Ownership:
Through their ownership of 0.94727 of MATV’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MATV reported revenue of $498500000.0 and operating income of $18200000.0. The EBITDA in the recently reported quarter was $41200000.0 and diluted EPS was -$0.38.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With MATV analysts setting a high price target of 20.0 and a low target of 15.5, the average target price over the next 12 months is 17.16667. Based on these targets, MATV could surge 100.8% to reach the target high and rise by 55.62% to reach the target low. Reaching the average price target will result in a growth of 72.36% from current levels.
Analysts have provided yearly estimates in a range of $0.58766 being high and $0.58614 being low. For MATV, this leads to a yearly average estimate of $0.58667.
