Mativ (MATV) Projected to Post Earnings on Wednesday

Mativ (NYSE:MATV) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect Mativ to post earnings of $0.22 per share and revenue of $472.70 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Mativ Trading Up 0.9 %

MATV opened at $9.08 on Wednesday. Mativ has a 52 week low of $8.85 and a 52 week high of $19.96. The company has a quick ratio of 1.29, a current ratio of 2.37 and a debt-to-equity ratio of 1.31. The business has a fifty day simple moving average of $10.50 and a 200-day simple moving average of $14.32. The firm has a market cap of $493.41 million, a P/E ratio of 4.63, a P/E/G ratio of 1.37 and a beta of 0.66.

Analyst Ratings Changes

Separately, Stifel Nicolaus began coverage on Mativ in a report on Thursday, November 21st. They set a “hold” rating and a $15.50 target price for the company.

Mativ Company Profile

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.