Materion (NYSE:MTRN) Updates FY25 Earnings Guidance

Materion (NYSE:MTRN - Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $5.30-5.70 for the period, compared to the consensus estimate of $5.98. Materion also updated its FY 2025 guidance to 5.300-5.700 EPS.

Materion Stock Down 4.6 %

MTRN stock traded down $4.59 during mid-day trading on Friday, reaching $95.51. The company had a trading volume of 99,841 shares, compared to its average volume of 85,339. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.19 and a quick ratio of 1.26. The stock has a 50 day simple moving average of $99.94 and a two-hundred day simple moving average of $106.72. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 329.33 and a beta of 1.23. Materion has a 52 week low of $93.20 and a 52 week high of $139.21.

Materion (NYSE:MTRN - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.43 by $0.12. Materion had a return on equity of 12.42% and a net margin of 0.35%. The firm had revenue of $436.90 million during the quarter, compared to the consensus estimate of $433.22 million. During the same period last year, the company earned $1.41 earnings per share. The business's revenue was up 3.8% compared to the same quarter last year. As a group, equities analysts predict that Materion will post 5.5 earnings per share for the current fiscal year.

Materion Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Thursday, February 20th will be issued a $0.135 dividend. The ex-dividend date is Thursday, February 20th. This represents a $0.54 annualized dividend and a yield of 0.57%. Materion's dividend payout ratio is presently 186.21%.

Insider Transactions at Materion

In other news, CFO Shelly Marie Chadwick sold 805 shares of the business's stock in a transaction on Friday, January 31st. The stock was sold at an average price of $101.24, for a total transaction of $81,498.20. Following the completion of the transaction, the chief financial officer now owns 14,632 shares of the company's stock, valued at approximately $1,481,343.68. The trade was a 5.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.30% of the stock is owned by insiders.

About Materion

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.