Headlines about Materion (NYSE:MTRN) have been trending somewhat positive on Monday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Materion earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 47.4671723705513 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of analysts have weighed in on MTRN shares. Zacks Investment Research upgraded shares of Materion from a “hold” rating to a “strong-buy” rating and set a $56.00 target price on the stock in a research report on Wednesday, December 27th. Jefferies Group restated a “hold” rating and issued a $46.00 target price on shares of Materion in a research report on Tuesday, January 9th. ValuEngine upgraded shares of Materion from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, TheStreet lowered shares of Materion from a “b” rating to a “c+” rating in a research report on Friday, February 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Materion currently has an average rating of “Buy” and an average target price of $54.00.

MTRN stock opened at $52.60 on Monday. The firm has a market cap of $1,058.11, a PE ratio of 30.58 and a beta of 0.98. Materion has a 52-week low of $33.00 and a 52-week high of $55.35. The company has a quick ratio of 1.50, a current ratio of 3.23 and a debt-to-equity ratio of 0.01.

Materion (NYSE:MTRN) last released its quarterly earnings results on Thursday, February 15th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.13. The firm had revenue of $308.67 million during the quarter, compared to the consensus estimate of $285.50 million. Materion had a net margin of 1.00% and a return on equity of 6.95%. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 earnings per share. research analysts predict that Materion will post 2.08 EPS for the current year.

In other news, VP Joseph P. Kelley sold 2,419 shares of the firm’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $51.43, for a total transaction of $124,409.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Craig S. Shular sold 5,267 shares of the firm’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $52.73, for a total transaction of $277,728.91. The disclosure for this sale can be found here. Insiders have sold 15,686 shares of company stock valued at $806,938 in the last ninety days. Insiders own 1.40% of the company’s stock.

WARNING: “Materion (MTRN) Earns Daily Media Sentiment Rating of 0.23” was first posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://www.dailypolitical.com/2018/04/16/materion-mtrn-earns-daily-media-sentiment-rating-of-0-23.html.

About Materion

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 operates in four segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other.

Insider Buying and Selling by Quarter for Materion (NYSE:MTRN)

Receive News & Ratings for Materion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materion and related companies with MarketBeat.com's FREE daily email newsletter.