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Matrix Composites & Engineering Ltd (AU:MCE)
ASX:MCE

Matrix Composites & Engineering Ltd (MCE) Share Forecast & Price Target

1 Followers
See the Price Targets and Ratings of:

MCE Analyst Ratings

Hold
1Ratings
0 Buy
1 Hold
0 Sell
Based on 1 analysts giving stock ratings to
Matrix
Composites & Engineering Ltd
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MCE Stock 12 Month Forecast

Average Price Target

AU$0.42
▲(19.36% Upside)
Based on 1 Wall Street analysts offering 12 month price targets for Matrix Composites & Engineering Ltd in the last 3 months. The average price target is AU$0.42 with a high forecast of AU$0.42 and a low forecast of AU$0.42. The average price target represents a 19.36% change from the last price of AU$0.36.
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Highest Price TargetAU$0.42Average Price TargetAU$0.42Lowest Price TargetAU$0.42
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Performance
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Any
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Any
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Article

MCE Analyst Recommendation Trends

Rating
Aug 23
Nov 23
May 24
Strong Buy
1
2
2
Buy
0
0
0
Hold
0
0
1
Sell
0
0
0
Strong Sell
0
0
0
total
1
2
3
In the current month, MCE has received 2 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. MCE average Analyst price target in the past 3 months is AU$0.42.
Each month's total comprises the sum of three months' worth of ratings.
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MCE Financial Forecast

MCE Earnings Forecast

The previous quarter’s earnings for MCE were -AU$0.02.
The previous quarter’s earnings for MCE were -AU$0.02.

MCE Sales Forecast

Next quarter’s sales forecast for MCE is AU$58.30M with a range of AU$58.30M to AU$58.30M. The previous quarter’s sales results were AU$26.70M. MCE beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 55.56% of the time in the same period. In the last calendar year MCE has Underperformed its overall industry.
Next quarter’s sales forecast for MCE is AU$58.30M with a range of AU$58.30M to AU$58.30M. The previous quarter’s sales results were AU$26.70M. MCE beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 55.56% of the time in the same period. In the last calendar year MCE has Underperformed its overall industry.

MCE Stock Forecast FAQ

What is AU:MCE’s average 12-month price target, according to analysts?
Based on analyst ratings, Matrix Composites & Engineering Ltd’s 12-month average price target is AU$0.42.
    What is AU:MCE’s upside potential, based on the analysts’ average price target?
    Matrix Composites & Engineering Ltd has 19.36% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Matrix Composites & Engineering Ltd a Buy, Sell or Hold?
          Matrix Composites & Engineering Ltd has a consensus rating of Hold, which is based on 0 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Matrix Composites & Engineering Ltd’s share price target?
            The average share price target for Matrix Composites & Engineering Ltd is AU$0.42. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is AU$0.42 ,and the lowest forecast is AU$0.42. The average share price target represents 19.36% Increase from the current price of AU$0.355.
              What do analysts say about Matrix Composites & Engineering Ltd?
              Matrix Composites & Engineering Ltd’s analyst rating consensus is a Hold. This is based on the ratings of 1 Wall Streets Analysts.
                How can I buy shares of Matrix Composites & Engineering Ltd?
                To buy shares of AU:MCE, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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