Free Trial

Materion (MTRN) Stock Price, News & Analysis

$103.67
-2.67 (-2.51%)
(As of 09/6/2024 ET)
Today's Range
$102.77
$106.56
50-Day Range
$103.51
$120.74
52-Week Range
$92.23
$145.08
Volume
75,669 shs
Average Volume
98,793 shs
Market Capitalization
$2.15 billion
P/E Ratio
25.98
Dividend Yield
0.52%
Price Target
$152.00

Materion MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.6% Upside
$152.00 Price Target
Short Interest
Healthy
1.75% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.76mentions of Materion in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.96%
From $5.74 to $7.23 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Basic Materials Sector

30th out of 180 stocks

Metal Forgings & Stampings Industry

1st out of 4 stocks

MTRN stock logo

About Materion Stock (NYSE:MTRN)

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. The company provides advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes; engineering and product development services; alloyed metals, beryllium products, and beryllium hydroxide; precision strip, rod, and wire products, as well as engineered strip metal products; and ToughMet alloys and SupremEX aluminum silicon carbide metal matrix composite formulation products. It operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. In addition, it produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-pure wire. Further, the company designs and produces precision thin film coatings, optical filters, and assemblies. The company sells its products directly from its facilities, as well as through company-owned service centers, outside distributors, agents, direct sales offices, and independent sales representatives. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in March 2011. Materion Corporation was founded in 1921 and is headquartered in Mayfield Heights, Ohio.

MTRN Stock Price History

MTRN Stock News Headlines

MTRN Sep 2024 200.000 call
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Here's what Wall Street expects from Materion's earnings report
Materion Corporation (MTRN)
See More Headlines
Receive MTRN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Materion and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/05/2024
Ex-Dividend for 9/6 Dividend
8/23/2024
Dividend Payable
9/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Diversified Metals & Mining
CUSIP
57669010
Employees
3,404
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$152.00
High Stock Price Target
$152.00
Low Stock Price Target
$152.00
Potential Upside/Downside
+46.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$95.70 million
Pretax Margin
5.37%

Debt

Sales & Book Value

Annual Sales
$1.64 billion
Cash Flow
$7.79 per share
Book Value
$43.72 per share

Miscellaneous

Free Float
20,254,000
Market Cap
$2.15 billion
Optionable
Optionable
Beta
1.18
Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report

Key Executives

  • Mr. Jugal K. Vijayvargiya (Age 56)
    CEO, President & Director
    Comp: $1.65M
  • Ms. Shelly M. Chadwick (Age 51)
    Chief Accounting Officer & CFO
    Comp: $728.05k
  • Mr. Gregory R. Chemnitz (Age 66)
    VP, General Counsel & Secretary
    Comp: $674.6k
  • Dr. Ian Tribick Ph.D.
    President of Precision Optics & Chief Technology Officer
  • Mr. Steven J. Holt (Age 60)
    Chief Information Officer
  • Kyle Kelleher
    Manager of Investor Relations
  • Ms. Shannon Bennett
    Vice President of Global Communications
  • Mr. Sam Fulton
    Vice President of Strategy & Corporate Development
  • Mr. Allen F. Reid
    Chief Human Resources Officer
  • Mr. John M. Zaranec
    Division Chief Financial Officer Performance Materials

MTRN Stock Analysis - Frequently Asked Questions

How have MTRN shares performed this year?

Materion's stock was trading at $130.13 at the start of the year. Since then, MTRN shares have decreased by 20.3% and is now trading at $103.67.
View the best growth stocks for 2024 here
.

How were Materion's earnings last quarter?

Materion Co. (NYSE:MTRN) announced its quarterly earnings results on Monday, August, 5th. The basic materials company reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.39 by $0.03. The company's revenue was up 6.9% compared to the same quarter last year.

What is Jugal K. Vijayvargiya's approval rating as Materion's CEO?

13 employees have rated Materion Chief Executive Officer Jugal K. Vijayvargiya on Glassdoor.com. Jugal K. Vijayvargiya has an approval rating of 52% among the company's employees. This puts Jugal K. Vijayvargiya in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Materion's major shareholders?

Materion's top institutional investors include Dimensional Fund Advisors LP (5.85%), Vaughan Nelson Investment Management L.P. (2.60%), Barrow Hanley Mewhinney & Strauss LLC (2.14%) and Bank of New York Mellon Corp (1.69%). Insiders that own company stock include Gregory R Chemnitz, Shelly Marie Chadwick and Craig S Shular.
View institutional ownership trends
.

How do I buy shares of Materion?

Shares of MTRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Materion own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Materion investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Endologix (ELGX), AbbVie (ABBV) and Micron Technology (MU).

This page (NYSE:MTRN) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners