Tag Archives: Matthews International Corporation
Matthews International Corp (MATW) 25Q2 Update
Matthews International Corporation (MATW) reported 25Q2 revenues of $427.6 million, down 9.3%. Sales at its Memorialization business fell 7.4%, due to the normalization of U.S. death rates after COVID. Industrial Technology’s sales plunged 30.4%, as the energy storage solutions business … Continue reading
Matthews Intl (MATW) Files 3M Share Shelf Registration
On March 11, 2025, Matthews International Corporation (MATW) filed a three million share shelf registration under form S-3 with the U.S. Securities and Exchange Commission. Along with the shelf, it also filed a prospectus under which it would issue 1.25 … Continue reading
Matthews Intl (MATW) 25Q1 Update
I am maintaining my $32 price target. With the stock’s recent decline, I have raised my rating from outperform to buy. Three proxy voting services recommend shareholders vote for all three Barington Capital nominees. Even so, I will vote my shares for Barington CEO James Mitoratonda and two MATW nominees. Continue reading
Initiating Coverage of Matthews Intl Corp (MATW)
The stock of Matthews International Corporation (MATW) has lost more than half of its value since 2017. Over that time, the company has struggled to sustain its profitability due to the earnings deterioration in its SGK Brand Solutions’ business; the … Continue reading