Materion (NYSE:MTRN) Updates FY25 Earnings Guidance

Materion (NYSE:MTRN) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $5.30-5.70 for the period, compared to the consensus EPS estimate of $5.98. Materion also updated its FY 2025 guidance to 5.300-5.700 EPS.

Materion Stock Down 2.4 %

MTRN traded down $2.45 during trading hours on Thursday, reaching $101.16. 8,817 shares of the stock traded hands, compared to its average volume of 82,379. Materion has a fifty-two week low of $93.20 and a fifty-two week high of $139.21. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.15 and a quick ratio of 1.26. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 28.50 and a beta of 1.23. The firm’s fifty day simple moving average is $100.47 and its two-hundred day simple moving average is $106.82.

Materion (NYSE:MTRN) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.12. The firm had revenue of $436.90 million for the quarter, compared to the consensus estimate of $433.22 million. Materion had a net margin of 4.45% and a return on equity of 12.06%. Materion’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $1.41 EPS. As a group, analysts forecast that Materion will post 5.22 earnings per share for the current fiscal year.

Materion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be paid a $0.135 dividend. The ex-dividend date is Thursday, February 20th. This represents a $0.54 annualized dividend and a dividend yield of 0.53%. Materion’s dividend payout ratio is currently 15.21%.

Insider Transactions at Materion

In other news, CFO Shelly Marie Chadwick sold 1,000 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $115.92, for a total transaction of $115,920.00. Following the transaction, the chief financial officer now directly owns 13,200 shares in the company, valued at $1,530,144. The trade was a 7.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.30% of the stock is currently owned by insiders.

Materion Company Profile

Materion Corporation, together with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.