Mativ (MATV) Set to Announce Quarterly Earnings on Wednesday

Mativ (NYSE:MATV) will announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Mativ (NYSE:MATV) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.23). The company had revenue of $500.20 million during the quarter, compared to analysts’ expectations of $492.10 million. Mativ had a positive return on equity of 5.79% and a negative net margin of 15.56%. On average, analysts expect Mativ to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mativ Stock Performance

Mativ stock opened at $15.46 on Tuesday. The company has a quick ratio of 1.40, a current ratio of 2.54 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $839.79 million, a P/E ratio of -2.58, a PEG ratio of 2.78 and a beta of 0.70. The stock’s 50 day moving average is $17.18 and its 200 day moving average is $16.71. Mativ has a twelve month low of $10.78 and a twelve month high of $19.62.

Mativ Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, May 24th were paid a $0.10 dividend. The ex-dividend date was Thursday, May 23rd. This represents a $0.40 annualized dividend and a dividend yield of 2.59%. Mativ’s payout ratio is currently -6.62%.

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.