Matson, Inc. (MATX)
| Market Cap | 2.83B |
| Revenue (ttm) | 2.58B |
| Net Income (ttm) | 276.50M |
| Shares Out | 43.40M |
| EPS (ttm) | 6.34 |
| PE Ratio | 10.28 |
| Forward PE | 17.61 |
| Dividend | $0.91 |
| Dividend Yield | 1.40% |
| Trading Day | July 23 |
| Last Price | $65.13 |
| Previous Close | $64.36 |
| Change ($) | 0.77 |
| Change (%) | 1.20% |
| Day's Open | 64.47 |
| Day's Range | 63.72 - 65.14 |
| Day's Volume | 149,132 |
| 52-Week Range | 34.18 - 78.77 |
Higher revenues are likely to have aided Matson's (MATX) Q2 performance.
Matson (MATX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LEVI, CHWY, MATX, and BURL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 22, 2021.
Matson (MATX) closed the most recent trading day at $66.15, moving -0.09% from the previous trading session.
The Dow was up 1.25%, the S&P 500 climbed 0.8%, and the Nasdaq put up a gain of just under 0.4%. Make the most of today's market with the Top Buys from Q.ai's artificial intelligence.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Matson (MATX) possesses solid growth attributes, which could help it handily outperform the market.
Matson (MATX) closed the most recent trading day at $65.39, moving -0.23% from the previous trading session.
RLGY, GPI, MATX, and OLN made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 13, 2021.
Matson (MATX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down ...
I bought into an e-tail giant, a fast-growing beverage maker, and a surprising ocean-transportation specialist in June.
HONOLULU, July 8, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary second quarter financial results, provides a business update and announces that i...
Top Ranked Value Stocks to Buy for July 8th
Top Ranked Value Stocks to Buy for July 6th
New Strong Buy Stocks for July 6th
Matson (MATX) closed at $63.99 in the latest trading session, marking a -1.07% move from the prior day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Dividend hikes announced by the likes of FedEx (FDX), Expeditors (EXPD) and Matson (MATX) reflect their financial flexibility and confidence in their businesses.
Matson (MATX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Matson's (MATX) commitment to create value for its shareholders is reflected in the twin shareholder moves announced by management.
HONOLULU, Hawaii, June 24, 2021 /PRNewswire/ -- The Board of Directors of Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a third quarter div...
Matson (MATX) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
In the latest trading session, Matson (MATX) closed at $63.02, marking a -0.97% move from the previous day.
The Dow Jones dropped 400 points, the S&P 500 fell 0.8%, and the Nasdaq dipped 0.5%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
Matson (MATX) closed the most recent trading day at $64.07, moving -0.22% from the previous trading session.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Matson (MATX) could produce exceptional returns because of its solid growth attributes.
The logistics industry seems set for growth in the future as well, thanks to the boost it is receiving from e-commerce, making it wise to invest in names like Covenant Logistics (CVLG) and Matson (MATX).
Matson (MATX) closed at $62.95 in the latest trading session, marking a +0.05% move from the prior day.
New Strong Buy Stocks for June 10th
Top Ranked Value Stocks to Buy for June 10th
Economists are predicting a post-pandemic boom with consumers opening their wallets, and transportation stocks will benefit. The post 7 Transportation Stocks That Are Keeping the Economy Flowing appeare...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Matson (MATX) possesses solid growth attributes, which could help it handily outperform the market.
HONOLULU, May 21, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer,...
Matson (MATX) has been struggling lately, but the selling pressure may be coming to an end soon
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
After the Consumer Price Index came in even hotter than expected, it's safe to say that inflation is officially back. Using our AI models, these are the top stocks to buy today.
In the latest trading session, Matson (MATX) closed at $66.40, marking a -0.06% move from the previous day.
The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — have...
In 2020, shipping executives predicted the container-shipping capacity squeeze would last until Chinese New Year in February 2021. When that didn't happen, they said mid-2021.
Matson (MATX) delivered earnings and revenue surprises of 6.99% and 3.75%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
HONOLULU, April 27, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $87.2 million, or $1.99 per diluted sh...
Even though profit is a company's goal, cash is its lifeblood for existence and a measure of resiliency.
Matson is within striking distance of a buy zone ahead of its next quarterly earnings report, expected on or around Apr. 27. The post Stocks To Watch Ahead Of Earnings: Matson appeared first on Investor...
HONOLULU, April 22, 2021 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a second quarter dividend of $0.23 per common share. ...
In the latest trading session, Matson (MATX) closed at $67.81, marking a +1.12% move from the previous day.
Matson (MATX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Matson's (MATX) Q1 results are likely to reflect higher transportation brokerage revenues.
About MATX
Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company's Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear,... [Read more...]
| Industry Marine Shipping | Founded 1882 |
| CEO Matthew Cox | Employees 4,149 |
| Stock Exchange NYSE | Ticker Symbol MATX |
Financial Performance
In 2020, Matson's revenue was $2.38 billion, an increase of 8.18% compared to the previous year's $2.20 billion. Earnings were $193.10 million, an increase of 133.49%.
Analyst Forecasts
According to 3 analysts, the average rating for Matson stock is "Strong Buy." The 12-month stock price forecast is 75.00, which is an increase of 15.15% from the latest price.