Home Sectors Basic Materials Stock to Watch: Materion Corporation (NYSE: MTRN)

Stock to Watch: Materion Corporation (NYSE: MTRN)

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Materion Corporation trades as part of the basic materials sector and is in the metals and mining industry. The company CEO is Jugal K. Vijayvargiya. Materion Corp is a producer of metal products. It is an integrated producer of high-performance advanced engineered materials used in a variety of electrical, electronic, thermal, and structural applications.

Previous Intraday Trading Performance:

The MTRN stock showed a previous change of 1.04% with an open at 64.26 and a close of 64.37. It reached an intraday high of 64.84 and a low of 63.39.

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Liquidity:

The stock has a market cap of $1.3b with 20.4m shares outstanding, of which the float is 19.9m shares. Trading volume reached 85,551 shares compared to its average volume of 144,319 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Materion Corporation shares returned 2.52% and in the past 30 trading days it returned -5.61%. Over three months, it changed 11.65%. In one year it has changed 14.23% and within that year its 52-week high was 71.97 and its 52-week low was 42.50. MTRN stock is 51.46% above its 52 Week Low.

Our calculations show a 200 day moving average of 56.06 and a 50 day moving average of 62.50. Currently MTRN stock is trading 14.82% above its 200 day moving average.

SeekingAlpha:  Dividend Challenger Highlights: Week Of June 2

Earnings:

The last annual fiscal EPS for the company was reported at 1.01 that ended on 31st of December 2018, which according to the previous close, that is a PE of 63.73. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.60. The TTM EPS is 2.38, which comes to a TTM PE of 27.05. Historically, the PE high was 116.30 and the PE low was 12.90. If the stock reached its PE low, that would represent a price of 30.70, which is a decrease of -52.31%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 0.82
4thQtr of 2018 (Reported on 02/14/2019): -1.03
3rdQtr of 2018 (Reported on 10/25/2018): 0.97
2ndQtr of 2018 (Reported on 07/26/2018): 0.54
1stQtr of 2018 (Reported on 04/26/2018): 0.51

The dividend per share is currently 0.44, which is a dividend yield of 0.68%. Also, the payout ratio is 18.49%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 55.44, which means it may be overvalued by -16.11%.

Indicators to Watch:

Short-interest was 260,598, which was 1.28% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.60. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.90.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 5.30%, return on assets is 3.55%, profit margin is 2.29%, price-to-sales is 1.08 and price-to-book is 2.29.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 2  :Past Performance Score
 6  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.