Mativ Holdings Inc (NYSE:MATV) has a beta value of 0.59 and has seen 1.6 million shares traded in the last trading session. The company, currently valued at $374.54M, closed the last trade at $6.87 per share which meant it lost -$0.28 on the day or -3.92% during that session. The MATV stock price is -190.54% off its 52-week high price of $19.96 and 16.45% above the 52-week low of $5.74.
Mativ Holdings Inc (NYSE:MATV) trade information
Sporting -3.92% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MATV stock price touched $6.87 or saw a rise of 8.89%. Year-to-date, Mativ Holdings Inc shares have moved -36.97%, while the 5-day performance has seen it change 11.89%. Over the past 30 days, the shares of Mativ Holdings Inc (NYSE:MATV) have changed -22.81%.
Mativ Holdings Inc (MATV) estimates and forecasts
The company’s shares have lost -61.85% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -0.03%.
1 analysts offering their estimates for the company have set an average revenue estimate of 470.3M for the current quarter. 1 have an estimated revenue figure of 486.8M for the next ending quarter. Year-ago sales stood 500.2M and 523.8M respectively for this quarter and the next, and analysts expect sales will shrink by -5.98% for the current quarter and -0.03% for the next.
MATV Dividends
Mativ Holdings Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 4.37%. The company’s dividend yield has gone up over the past 12 months.
Mativ Holdings Inc (NYSE:MATV)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 9.19 million shares worth more than $155.85 million. As of 2024-06-30, BLACKROCK INC. held 16.9158% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 6.25 million shares as of 2024-06-30. The firm’s total holdings are worth over $106.04 million and represent 11.5103% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Allspring Special Small Cap Value Fund . As of Dec 31, 2024 , the former fund manager holds about 6.46% shares in the company for having 3.52 shares of worth $24.19 million while later fund manager owns 3.19 shares of worth $21.91 million as of Dec 31, 2024 , which makes it owner of about 5.85% of company’s outstanding stock.