In Premier Foods PLC.'s case, the consensus EPS estimate for the current year increased 1.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Matthews International belongs to the Funeral Services industry, a group that includes 3 individual stocks and currently sits at #26 in the Zacks Industry Rank. On average, stocks in this group have gained 12.9% this year, meaning that MATW is slightly underperforming its industry in terms of year-to-date returns. P ...

Stock Performance - Matthews International (MATW) shares rallied 14.5% in the last trading session to close at $31.03, driven by notable trading volume [1] - This compares to the stock's 12.5% loss over the past four weeks [1] - Carriage Services (CSV), another stock in the Funeral Services industry, closed the last trading session 1.1% higher at $39.35 [5] - Over the past month, CSV has returned -2.1% [5] Recent Developments - Matthews International's shares got a boost from its agreement to sell its stake in SGK Brand Solutions to a newly created entity formed by affiliates of SGS & Co [2] - The deal is expected to help Matthews International reduce debt and streamline operations [2] Earnings and Revenue Expectations - Matthews International is expected to post quarterly earnings of $0.26 per share, representing a year-over-year change of -29.7% [3] - Revenues are expected to be $428.36 million, down 4.8% from the year-ago quarter [3] - The consensus EPS estimate for Matthews International has remained unchanged over the last 30 days [5] - Carriage Services' consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.51 [6] - Compared to the company's year-ago EPS, this represents a change of -33.8% [6] Industry and Rankings - Matthews International belongs to the Zacks Funeral Services industry [5] - The stock currently carries a Zacks Rank 2 (Buy) [5] - Carriage Services currently boasts a Zacks Rank of 3 (Hold) [6] Market Trends - Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements [4] - A stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions [5]

NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns approximately 1.9% of the outstanding common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today issued the following statement in response to Matthews' planned sale of SGK Brand Solutions ("SGK"): "Since 2022, Barington has urged Matthews ...

If you thought our angle on this company was interesting, you may want to check out our idea room, The Value Lab . We focus on long-only value ideas of interest to us, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, our gang could help broaden your horizons and give some in ...

Matthews to sell SGK to a newly formed entity created by affiliates of SGS & Co Matthews to realize upfront consideration of $350 million and receive 40% interest in new entity Initial enterprise value of new entity ~$900 million, representing adjusted EBITDA multiple of 9x Cash proceeds to be used for immediate debt repayment New entity projected to realize over $50 million of annual cost synergies PITTSBURGH, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) ("Matthe ...

Nominations Follow Years of Stock Price Underperformance, Unacceptable Capital Allocation, Poor Execution, and Excessive Spending at Matthews Believes Director Candidates Have the Skills, Experience, and Commitment to Shareholders Required to Enhance Long-Term Value Calls for a New, Credible CEO and a Refreshed, Declassified Board Committed to Holding Management Accountable NEW YORK, Dec. 19, 2024 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of a ...

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...

If you thought our angle on this company was interesting, you may want to check out our idea room, The Value Lab . We focus on long-only value ideas of interest to us, where we try to find international mispriced equities and target a portfolio yield of about 4% . We've done really well for ourselves over the last 5 years, but it took getting our hands dirty in international markets. If you are a value-investor, serious about protecting your wealth, our gang could help broaden your horizons and give some in ...