In the last trading session, 1.42 million Mativ Holdings Inc (NYSE:MATV) shares changed hands as the company’s beta touched 0.70. With the company’s per share price at $4.67 changed hands at -$0.04 or -0.85% during last session, the market valuation stood at $254.60M. MATV’s last price was a discount, traded about -327.41% off its 52-week high of $19.96. The share price had its 52-week low at $4.34, which suggests the last value was 7.07% up since then. When we look at Mativ Holdings Inc’s average trading volume, we note the 10-day average is 0.99 million shares, with the 3-month average coming to 1.09 million.
Mativ Holdings Inc (NYSE:MATV) trade information
Instantly MATV was in red as seen at the end of in last trading. With action -25.76%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -57.16%, with the 5-day performance at -25.76% in the red. However, in the 30-day time frame, Mativ Holdings Inc (NYSE:MATV) is -34.69% down. Looking at the short shares, we see there were 2.99 million shares sold at short interest cover period of 2.36 days.
Mativ Holdings Inc (MATV) estimates and forecasts
Year-over-year growth is forecast to reach -0.99% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 470.3M. 1 analysts are of the opinion that Mativ Holdings Inc’s revenue for the current quarter will be 486.8M. The company’s revenue for the corresponding quarters a year ago was 500.2M and 523.8M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.98%. The estimates for the next quarter sales put growth at -7.06%.
The 2025 estimates are for Mativ Holdings Inc earnings to increase by 17.69%, but the outlook for the next 5-year period is at 22.97% per year.
MATV Dividends
Mativ Holdings Inc is expected to release its next quarterly earnings report on 2025-Feb-18. The 8.57% annual yield figure for the share gives it an annual dividend of 0.40. It is important to note, however, that the 8.57% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 5.83 per year.
Mativ Holdings Inc (NYSE:MATV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.06% of Mativ Holdings Inc shares while 96.50% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 98.52%. There are 96.50% institutions holding the Mativ Holdings Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 16.9158% of the shares, roughly 9.19 million MATV shares worth $155.85 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.5103% or 6.25 million shares worth $106.04 million as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund . With 3.5 shares estimated at $16.34 million under it, the former controlled 6.42% of total outstanding shares. On the other hand, ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund held about 5.90% of the shares, roughly 3.21 shares worth around $15.01 million.
