EPS for Materion Corp (MTRN) Expected At $0.38

October 13, 2017 - By Darrin Black

 EPS for Materion Corp (MTRN) Expected At $0.38
Investors sentiment decreased to 0.87 in 2017 Q2. Its down 0.57, from 1.44 in 2017Q1. It worsened, as 19 investors sold Materion Corp shares while 44 reduced holdings. 14 funds opened positions while 41 raised stakes. 17.95 million shares or 2.17% more from 17.57 million shares in 2017Q1 were reported.
Great West Life Assurance Co Can owns 0% invested in Materion Corp (NYSE:MTRN) for 27,945 shares. Guggenheim Capital Lc owns 22,232 shares. Victory Management Incorporated has invested 0% in Materion Corp (NYSE:MTRN). Meyer Handelman stated it has 0.02% in Materion Corp (NYSE:MTRN). Bnp Paribas Arbitrage has 7,657 shares. 86,859 are held by Wells Fargo Mn. Dimensional Fund Advsr Lp has invested 0.03% in Materion Corp (NYSE:MTRN). 6,854 are held by Pub Employees Retirement Association Of Colorado. State Of Tennessee Treasury Department invested 0% in Materion Corp (NYSE:MTRN). 16,225 were reported by Pinnacle Assoc Limited. Jpmorgan Chase And reported 429 shares. Voya Invest reported 24,675 shares. Matarin Capital Limited Liability Co accumulated 14,745 shares. Raymond James & Associates reported 0% of its portfolio in Materion Corp (NYSE:MTRN). Rhumbline Advisers holds 0% or 47,654 shares.

Since May 19, 2017, it had 0 insider buys, and 16 sales for $1.94 million activity.

Analysts await Materion Corp (NYSE:MTRN) to report earnings on October, 26. They expect $0.38 EPS, down 17.39 % or $0.08 from last year’s $0.46 per share. MTRN’s profit will be $7.59M for 28.19 P/E if the $0.38 EPS becomes a reality. After $0.42 actual EPS reported by Materion Corp for the previous quarter, Wall Street now forecasts -9.52 % negative EPS growth. The stock decreased 0.35% or $0.15 during the last trading session, reaching $42.85. About 55,824 shares traded. Materion Corp (NYSE:MTRN) has risen 47.97% since October 13, 2016 and is uptrending. It has outperformed by 31.27% the S&P500.

Materion Corp (NYSE:MTRN) Ratings Coverage

Among 3 analysts covering Materion (NYSE:MTRN), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Materion had 8 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Not Rated” rating given on Thursday, November 3 by Wm Smith. On Friday, June 2 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained it with “Hold” rating and $36.0 target in Friday, September 8 report. The stock of Materion Corp (NYSE:MTRN) earned “Hold” rating by Stifel Nicolaus on Thursday, August 27. The stock of Materion Corp (NYSE:MTRN) has “Hold” rating given on Friday, July 7 by Jefferies. The rating was reinitiated by Jefferies on Wednesday, January 13 with “Hold”. The rating was maintained by Jefferies on Thursday, July 27 with “Hold”. The stock of Materion Corp (NYSE:MTRN) has “Hold” rating given on Thursday, April 7 by Stifel Nicolaus.

Materion Corporation, through its subsidiaries, is an integrated producer of engineered materials used in a range of electrical, electronic, thermal, and structural applications. The company has market cap of $855.67 million. The Firm operates in four divisions: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. It has a 34.48 P/E ratio. The Performance Alloys and Composites segment consists of businesses, such as Performance Metals and Technical Materials.

More notable recent Materion Corp (NYSE:MTRN) news were published by: Businesswire.com which released: “Materion Corporation Enters into Definitive Agreement to Acquire Heraeus …” on December 05, 2016, also Businesswire.com with their article: “Materion Corporation Announces Appointments of Chief Technology and Marketing …” published on August 16, 2017, Crainscleveland.com published: “Materion Corp. names Delphi Automotive exec as CEO” on March 03, 2017. More interesting news about Materion Corp (NYSE:MTRN) were released by: Crainscleveland.com and their article: “Materion Corp. completes $30 million acquisition of Germany’s Heraeus Group” published on March 01, 2017 as well as Crainscleveland.com‘s news article titled: “Materion Corp. expands the responsibilities of three executives” with publication date: January 04, 2017.

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