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Weekly 52-Week Low (or 52-Week High): GWO-T, FNV-T, BTE-T, CNQ-T and More 52-Week Highs and Lows (Feb 26-Mar 04)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 2 opinions in the last 12 months.
MATTR CORP has undergone a strategic shift by divesting non-core operations to concentrate on high-quality business segments, which promise high margins. The company is currently investing in organic initiatives that are expected to yield positive returns as early as next year. Analysts note that MATTR is involved in sectors poised for growth, including infrastructure and electrification, and management has set an ambitious target for a return on capital of over 20% after tax. However, the recent quarterly performance has shown mixed results, causing the stock to decline by 16% this year. On a positive note, there has been a slight uptick in insider buying, suggesting confidence in the company's future performance, although the economic backdrop remains crucial for sustained growth.
The last quarter was a bit mixed, and thus the stock has not done a whole lot this year (down 16%). The balance sheet has a bit of leverage (1.5X cash flow net), but is in significantly better shape than it was in prior cycles. It is expensive on current valution but very strong EPS growth is forecast for 2025 (more than 3X). It has seen a few broker downgrades since the quarter, but if it can execute on its growth plan in '25 we would expect investors to sit up and pay attention. It remains fairly cyclical so the economy does need to co-operate here. There has been a small amount of recent insider buying, which is positive.
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MATTR CORP is a Canadian stock, trading under the symbol MATR-T on the Toronto Stock Exchange (MATR-CT). It is usually referred to as TSX:MATR or MATR-T
In the last year, 1 stock analyst published opinions about MATR-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for MATTR CORP.
MATTR CORP was recommended as a Top Pick by on . Read the latest stock experts ratings for MATTR CORP.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered MATTR CORP In the last year. It is a trending stock that is worth watching.
On 2025-03-11, MATTR CORP (MATR-T) stock closed at a price of $10.08.
Great job. Sold non-core operations, now focused on high-quality business. High margins. Investing in organic initiatives with high rates of return, should see benefits early next year. Very diligent acquirers, promising not to overpay. Latest exposure significantly increases exposure to the US; will probably see topline benefits in 2H of next year.
(Analysts’ price target is $19.59)Exposed to the right verticals such as infrastructure and electrification. Management is aiming for 20+% ROC after tax. He believes them; other investors are waiting to see. No dividend.