MTRN icon

Materion

99.54 USD
-0.45
0.45%
At close Dec 20, 4:00 PM EST
After hours
99.54
+0.00
0.00%
1 day
-0.45%
5 days
-9.57%
1 month
-11.42%
3 months
-7.89%
6 months
-6.70%
Year to date
-22.50%
1 year
-19.58%
5 years
68.71%
10 years
200.27%
 

About: Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials which produces chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-pure wire.

Employees: 3,404

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

133% more call options, than puts

Call options by funds: $1.9M | Put options by funds: $817K

15% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 27

2% more funds holding

Funds holding: 246 [Q2] → 250 (+4) [Q3]

1% more capital invested

Capital invested by funds: $2.12B [Q2] → $2.15B (+$31.2M) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 83

1.95% less ownership

Funds ownership: 95.13% [Q2] → 93.18% (-1.95%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$135
36%
upside
Avg. target
$135
36%
upside
High target
$135
36%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Seaport Global
Michael Harrison
71% 1-year accuracy
5 / 7 met price target
36%upside
$135
Buy
Maintained
2 Oct 2024

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
Materion Corporation (MTRN) Q3 2024 Earnings Call Transcript
Materion Corporation (NYSE:MTRN ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kyle Kelleher - Manager, IR Jugal Vijayvargiya - President & CEO Shelly Chadwick - VP & CFO Conference Call Participants Mike Harrison - Seaport Research Partners Daniel Moore - CJS Securities Philip Gibbs - KeyBanc Capital Markets Kevin Holder - CL King David Storms - Stonegate Operator Welcome to the Materion Third Quarter 2024 Earnings Conference Call. [Operator Instructions].
Materion Corporation (MTRN) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Materion (MTRN) Meets Q3 Earnings Estimates
Materion (MTRN) came out with quarterly earnings of $1.41 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.39 per share a year ago.
Materion (MTRN) Meets Q3 Earnings Estimates
Neutral
Business Wire
1 month ago
Materion Corporation Reports Third Quarter 2024 Financial Results
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported third quarter 2024 financial results. Financial Summary Net sales were $436.7 million; value-added sales1 were $263.8 million Net income was $22.3 million, or $1.07 per share, diluted; adjusted earnings of $1.41 per share Operating profit of $31.3 million; record third quarter adjusted EBITDA2 of $56.7 million versus $55.4 million in the prior year quarter Business Highlights Delivered record quarterly adj.
Materion Corporation Reports Third Quarter 2024 Financial Results
Neutral
Business Wire
1 month ago
Materion Corporation Declares Quarterly Cash Dividend
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared a fourth-quarter 2024 dividend of $0.135 per share of common stock. The dividend is payable on December 6, 2024, to shareholders of record at the close of business on November 14, 2024. About Materion Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, ener.
Materion Corporation Declares Quarterly Cash Dividend
Neutral
Business Wire
1 month ago
Materion Corporation to Announce Third Quarter 2024 Financial Results on October 30
MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its third quarter 2024 financial results on October 30, 2024, before the opening of the New York Stock Exchange. The company will hold a conference call with investors at 10:00 AM ET that morning. Jugal Vijayvargiya, President and Chief Executive Officer, and Shelly Chadwick, Vice President, Finance and Chief Financial Officer, will represent Materion Corporation on the call. Conference Call and S.
Materion Corporation to Announce Third Quarter 2024 Financial Results on October 30
Neutral
Accesswire
2 months ago
Rockland Resources Looks to Drill the Permitted Beryllium Butte Project, Utah
VANCOUVER, BC / ACCESSWIRE / October 8, 2024 / Rockland Resources Ltd. (the "Company" or "Rockland") (CSE:RKL) is pleased to announce it has received drill permits for its Beryllium Butte Project located in Juab County, Utah.
Rockland Resources Looks to Drill the Permitted Beryllium Butte Project, Utah
Negative
GuruFocus
2 months ago
Why Materion (MTRN) Stock Is Moving Today
Materion (MTRN, Financial) has seen its stock price move recently due to a revised profitability outlook for 2024. The company lowered its guidance, causing investor sentiment to shift significantly.
Why Materion (MTRN) Stock Is Moving Today
Negative
The Motley Fool
2 months ago
Why Shares of Materion Are Plunging This Week
Lower-than-expected profitability in 2024 isn't the only reason investors are avoiding the stock this week.
Why Shares of Materion Are Plunging This Week
Positive
Zacks Investment Research
2 months ago
Materion (MTRN) Soars 3.5%: Is Further Upside Left in the Stock?
Materion (MTRN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Materion (MTRN) Soars 3.5%: Is Further Upside Left in the Stock?
Negative
GuruFocus
2 months ago
Materion Corp (MTRN) Shares Gap Down to $101.0999 on Oct 2
Shares of Materion Corp (MTRN, Financial) fell 7.94% in mid-day trading on Oct 2. The stock reached an intraday low of $99.45, before recovering slightly to $101.10, down from its previous close of $109.82.
Materion Corp (MTRN) Shares Gap Down to $101.0999 on Oct 2
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