Mativ (MATV) Expected to Announce Quarterly Earnings on Wednesday

Mativ (NYSE:MATV - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $472.70 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Mativ Price Performance

Shares of NYSE:MATV traded up $0.12 during trading on Friday, reaching $9.09. The company had a trading volume of 379,112 shares, compared to its average volume of 388,901. The company has a fifty day moving average of $10.30 and a two-hundred day moving average of $14.14. The stock has a market capitalization of $494.17 million, a P/E ratio of 4.64, a price-to-earnings-growth ratio of 1.37 and a beta of 0.66. Mativ has a 12 month low of $8.61 and a 12 month high of $19.96. The company has a current ratio of 2.37, a quick ratio of 1.29 and a debt-to-equity ratio of 1.31.

Analyst Ratings Changes

Separately, Stifel Nicolaus initiated coverage on shares of Mativ in a report on Thursday, November 21st. They issued a "hold" rating and a $15.50 price target on the stock.

About Mativ

Mativ Holdings, Inc, together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for the filtration, protective solutions, release liners, and healthcare end-markets.