Mativ (MATV) Set to Announce Earnings on Wednesday

Mativ (NYSE:MATV) will be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Mativ to post earnings of $0.26 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Mativ (NYSE:MATV) last issued its earnings results on Wednesday, August 7th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.21 by $0.13. Mativ had a positive return on equity of 5.19% and a negative net margin of 16.55%. The company had revenue of $523.80 million during the quarter, compared to the consensus estimate of $526.50 million. During the same period in the previous year, the company posted $0.51 EPS. On average, analysts expect Mativ to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mativ Stock Up 0.9 %

MATV opened at $15.59 on Monday. The stock’s fifty day simple moving average is $17.17 and its 200 day simple moving average is $17.40. Mativ has a 1-year low of $10.78 and a 1-year high of $19.96. The stock has a market cap of $846.96 million, a PE ratio of -2.60, a price-to-earnings-growth ratio of 3.14 and a beta of 0.70. The company has a current ratio of 2.46, a quick ratio of 1.33 and a debt-to-equity ratio of 1.28.

Mativ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 23rd were issued a $0.10 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.40 annualized dividend and a dividend yield of 2.57%. Mativ’s dividend payout ratio is currently -6.68%.

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.