EPS for Matthews International (MATW) Expected At $0.61; Snap-on (SNA) Sentiment Is 1.05

Snap-on Incorporated (NYSE:SNA) Logo

Analysts expect Matthews International Corporation (NASDAQ:MATW) to report $0.61 EPS on January, 24.They anticipate $0.03 EPS change or 4.69% from last quarter’s $0.64 EPS. MATW’s profit would be $19.57M giving it 17.81 P/E if the $0.61 EPS is correct. After having $1.23 EPS previously, Matthews International Corporation’s analysts see -50.41% EPS growth. The stock increased 0.84% or $0.36 during the last trading session, reaching $43.45. About 113,945 shares traded. Matthews International Corporation (NASDAQ:MATW) has declined 23.19% since January 11, 2018 and is downtrending. It has underperformed by 23.19% the S&P500. Some Historical MATW News: 26/04/2018 – Matthews Intl Sees FY18 Non-GAAP EPS Growth At Least 10%; 29/05/2018 – Matthews™ Sets Price-Per-Foot Record in the 91304 Zip Code; 26/04/2018 – MATTHEWS 2Q ADJ EPS 93C, EST. 91C; 05/04/2018 – ESPN: Sources: Ex-Bills WR Jordan Matthews to sign with Patriots; 22/03/2018 – Inquisitr: NFL Rumors: Saints Could Be Perfect Landing Spot For Jordan Matthews Per, `Bleacher Report’; 27/04/2018 – $MATW another poor quarter, no organic growth, margins decline, still bloated with debt. Company is so opaque, it cannot provide a balance sheet or cash flow st in its press release; 26/04/2018 – Matthews International 2Q Adj EPS 93c; 10/03/2018 – Inquisitr: Oakland Raiders Rumors: Jordan Matthews A Potential Target Per `NFL Spin Zone’; 09/03/2018 – Matthews Short-Interest Ratio Rises 74% to 9 Days; 15/03/2018 – Philly Metro: NFL free agent rumors: Eagles in on Martellus Bennett, Jeremy Maclin, Jordan Matthews?

Snap-on Inc (SNA) investors sentiment increased to 1.05 in 2018 Q3. It’s up 0.04, from 1.01 in 2018Q2. The ratio increased, as 229 investment managers increased or started new stock positions, while 218 decreased and sold their equity positions in Snap-on Inc. The investment managers in our database reported: 66.17 million shares, down from 67.51 million shares in 2018Q2. Also, the number of investment managers holding Snap-on Inc in top ten stock positions increased from 7 to 8 for an increase of 1. Sold All: 33 Reduced: 185 Increased: 151 New Position: 78.

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company has market cap of $8.92 billion. The firm operates in Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services divisions. It has a 14.52 P/E ratio. It offers hand tools, such as wrenches, sockets, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products, including tool chests, roll cabinets, and other products.

The stock increased 1.49% or $2.35 during the last trading session, reaching $160.11. About 471,471 shares traded. Snap-on Incorporated (SNA) has declined 13.00% since January 11, 2018 and is downtrending. It has underperformed by 13.00% the S&P500. Some Historical SNA News: 19/04/2018 – Snap-On 1Q EPS $2.82; 19/04/2018 – Snap-On 1Q Rev $1.02B; 19/04/2018 – SNAP-ON SEES FY CAPEX $90M TO $100M; 23/04/2018 – Snap-On CEO Sees Expansion Opportunities in Mining, Aviation (Video); 19/04/2018 – Snap-On 1Q Net $163M; 19/04/2018 – SNAP-ON 1Q ADJ EPS $2.79; 08/03/2018 Snap-On at Company Marketing Hosted By B. Riley FBR, Inc. Today; 26/04/2018 – Snap-on Incorporated Declares Quarterly Dividend; 30/05/2018 – Generational Equity Announces Sale of Sturtevant Richmont to Snap-on Incorporated; 25/04/2018 – Snap-On Conference Call Scheduled By Stuart Frankel for May. 3

Analysts await Snap-on Incorporated (NYSE:SNA) to report earnings on February, 14. They expect $3.03 EPS, up 12.64% or $0.34 from last year’s $2.69 per share. SNA’s profit will be $168.71 million for 13.21 P/E if the $3.03 EPS becomes a reality. After $2.88 actual EPS reported by Snap-on Incorporated for the previous quarter, Wall Street now forecasts 5.21% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 3 sales for $10.42 million activity.

Institutional Venture Management Xiv Llc holds 50.89% of its portfolio in Snap-on Incorporated for 14.66 million shares. Rr Partners Lp owns 316,300 shares or 5.77% of their US portfolio. Moreover, Groesbeck Investment Management Corp Nj has 3.03% invested in the company for 24,245 shares. The Wisconsin-based Reinhart Partners Inc. has invested 2.9% in the stock. Mountain Pacific Investment Advisers Inc Id, a Idaho-based fund reported 152,953 shares.

Investors sentiment decreased to 1.41 in 2018 Q3. Its down 0.09, from 1.5 in 2018Q2. It is negative, as 11 investors sold Matthews International Corporation shares while 43 reduced holdings. 17 funds opened positions while 59 raised stakes. 25.75 million shares or 1.07% more from 25.48 million shares in 2018Q2 were reported. Proshare Ltd has invested 0.05% in Matthews International Corporation (NASDAQ:MATW). Qs Invsts Ltd has invested 0% in Matthews International Corporation (NASDAQ:MATW). First Mercantile Trust has 3,960 shares. Brown Brothers Harriman And Co owns 0% invested in Matthews International Corporation (NASDAQ:MATW) for 5,138 shares. Pillar Pacific Cap Mngmt Limited Co holds 0.04% or 6,650 shares in its portfolio. Zebra Mgmt Limited Liability Corporation reported 21,232 shares. Great West Life Assurance Communications Can, a Manitoba – Canada-based fund reported 41,651 shares. Louisiana State Employees Retirement System reported 14,200 shares. Victory Management owns 0% invested in Matthews International Corporation (NASDAQ:MATW) for 25,044 shares. Guyasuta Advsrs reported 14,000 shares stake. Amalgamated Bankshares reported 4,540 shares or 0.01% of all its holdings. Argi Investment Svcs Ltd Liability has invested 0.09% of its portfolio in Matthews International Corporation (NASDAQ:MATW). Metropolitan Life Insurance Ny reported 2,134 shares or 0% of all its holdings. Alphaone Limited Liability Company accumulated 600 shares or 0.01% of the stock. First Trust Company holds 0.1% or 20,493 shares.

Since November 20, 2018, it had 1 buy, and 0 selling transactions for $40,930 activity. 1,000 shares were bought by SCHAWK DAVID A, worth $40,930 on Tuesday, November 20.

Among 2 analysts covering Matthews International (NASDAQ:MATW), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Matthews International had 2 analyst reports since October 2, 2018 according to SRatingsIntel. The company was maintained on Monday, November 19 by FBR Capital.

Matthews International Corporation (NASDAQ:MATW) Institutional Positions Chart

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