Materion (NYSE:MTRN) is scheduled to be releasing its earnings data before the market opens on Thursday, February 15th. Analysts expect Materion to post earnings of $0.38 per share for the quarter.

Shares of Materion (NYSE:MTRN) opened at $47.35 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.42 and a quick ratio of 1.48. The company has a market cap of $949.06, a PE ratio of 36.42 and a beta of 1.06. Materion has a 12-month low of $31.05 and a 12-month high of $53.92.

In other Materion news, Director Craig S. Shular sold 5,267 shares of the stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $52.73, for a total value of $277,728.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard J. Hipple sold 4,364 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $49.64, for a total transaction of $216,628.96. Following the completion of the transaction, the director now directly owns 37,760 shares of the company’s stock, valued at $1,874,406.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,344 shares of company stock valued at $1,378,282. 2.90% of the stock is owned by insiders.

A number of brokerages recently commented on MTRN. Zacks Investment Research downgraded shares of Materion from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 12th. BidaskClub upgraded shares of Materion from a “hold” rating to a “buy” rating in a research report on Tuesday, October 31st. Jefferies Group restated a “hold” rating and issued a $46.00 price objective on shares of Materion in a research report on Tuesday, January 9th. KeyCorp restated a “hold” rating on shares of Materion in a research report on Monday, November 13th. Finally, ValuEngine downgraded shares of Materion from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $51.00.

TRADEMARK VIOLATION WARNING: “Materion (MTRN) Scheduled to Post Earnings on Thursday” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2018/02/08/materion-mtrn-scheduled-to-post-earnings-on-thursday.html.

Materion Company Profile

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.

Earnings History 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.