Matson, Inc. (MATX)
| Market Cap | 3.31B |
| Revenue (ttm) | 4.77B |
| Net Income (ttm) | 1.40B |
| Shares Out | 38.98M |
| EPS (ttm) | 33.46 |
| PE Ratio | 2.54 |
| Forward PE | 17.61 |
| Dividend | $1.21 (1.42%) |
| Ex-Dividend Date | Aug 3, 2022 |
| Volume | 69,138 |
| Open | 84.64 |
| Previous Close | 85.90 |
| Day's Range | 84.01 - 86.29 |
| 52-Week Range | 68.36 - 125.34 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 120.36 (+41.6%) |
| Earnings Date | Aug 1, 2022 |
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...]
Financial Performance
In 2021, Matson's revenue was $3.93 billion, an increase of 64.70% compared to the previous year's $2.38 billion. Earnings were $927.40 million, an increase of 380.27%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for MATX stock is "Buy." The 12-month stock price forecast is 120.36, which is an increase of 41.57% from the latest price.
News
Is Most-Watched Stock Matson, Inc. (MATX) Worth Betting on Now?
Zacks.com users have recently been watching Matson (MATX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Should Value Investors Buy Matson (MATX) Stock?
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 Sees Shipping Pick up Steam as Chinese Factories Restart
A pickup in manufacturing activity in China has increased the demand for ocean transportation, Matson reported during its quarterly earnings call. The container shipping and logistics company, which is ...
Matson (MATX) Q2 Earnings Surpass Estimates
Matson (MATX) delivered earnings and revenue surprises of 1.17% and 6.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
MATSON, INC. ANNOUNCES SECOND QUARTER 2022 RESULTS
2Q22 EPS of $9.49 2Q22 Net Income and EBITDA of $380.7 million and $536.0 million, respectively Year-over-year increase in 2Q22 consolidated operating income driven by China service strength Repurchased...
Shipping Stocks: Matson, Danaos Earnings Due As Demand For Goods Wobbles
Danaos and Matson report late Monday. Ocean shipping stocks have struggled as rates fall amid waning demand for goods.
5 Low Leverage Stocks to Buy Amid Recent Market Gains
Investors need to choose stocks that carry a low debt-to-equity ratio to avoid losses in times of crisis. One may consider adding ARCH, NX, PXD, MATX & SU.
Matson (MATX) to Post Q2 Earnings: What's in the Offing?
High fuel costs are likely to have hurt Matson's (MATX) Q2 bottom-line performance.
Top 5 Stocks With High ROE to Buy as Recession Fears Rise
Marriott (MAR), NetApp (NTAP), Jabil (JBL), Matson (MATX) and United States Steel Corporation are some of the stocks with high ROE to profit as recession fears escalate.
MATSON PUBLISHES 2021 SUSTAINABILITY REPORT
Annual Publication Details Progress on Environmental, Social, Governance Goals HONOLULU , July 25, 2022 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published it...
Matson (MATX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Is Matson (MATX) a Solid Growth Stock? 3 Reasons to Think "Yes"
Matson (MATX) possesses solid growth attributes, which could help it handily outperform the market.
Stocks With Rising Composite Ratings: Matson
On Thursday, Matson got an upgrade for its IBD SmartSelect Composite Rating from 93 to 96. The post Stocks With Rising Composite Ratings: Matson appeared first on Investor's Business Daily.
MATSON ANNOUNCES PRELIMINARY 2Q22 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 2Q22 EARNINGS CALL DATE
Expects 2Q22 operating income for Ocean Transportation to be $465.0 to $470.0 million Expects 2Q22 operating income for Logistics to be $22.5 to $23.5 million Expects 2Q22 net income and diluted EPS to ...
Best Value Stocks to Buy for July 19th
PBR, MATX, and CMRE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 19, 2022.
New Strong Buy Stocks for July 19th
E, MATX, CMRE, PBR, and ARCB have been added to the Zacks Rank #1 (Strong Buy) List on July 19, 2022.
Are Investors Undervaluing Matson (MATX) Right Now?
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...
5 Low Leverage Stocks to Buy Amid Market Turmoil
With fears of the United States probably being on the verge of another recession looming large, low leverage stocks like ARCH, VLO, APLE, MATX and CVLG should be in your portfolio.
3 Transport-Services Stocks That Should Grace Your Portfolio
Improving freight market conditions bode well for the Zacks Transportation -Services industry. CHRW. MATX and HUBG are well-poised to capitalize on this uptrend.
Matson (MATX) is an Incredible Growth Stock: 3 Reasons Why
Matson (MATX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
5 Low-Leverage Stocks to Buy as Wall Street Tumbles
Amid a tumultuous share market, one should go for low-leverage stocks to avoid huge losses. You may buy NX, VLO, SU, MATX & PLAB
Bet on 5 Stocks With High ROE to Trounce Recession Fears
Louisiana-Pacific Corporation (LPX), Coca-Cola (KO), Qualcomm (QCOM), Matson (MATX) and Dillard's (DDS) are some of the stocks with high ROE to profit and trump recessionary concerns.
Daily Dividend Report: Kroger, S&P Global, Lockheed Martin, Pfizer, Matson
Daily Dividend Report: Kroger, S&P Global, Lockheed Martin, Pfizer, Matson
After Plunging 21.1% in 4 Weeks, Here's Why the Trend Might Reverse for Matson (MATX)
The heavy selling pressure might have exhausted for Matson (MATX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in re...
MATSON INCREASES QUARTERLY DIVIDEND TO $0.31 PER SHARE
HONOLULU , June 22, 2022 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a third quarter dividend of $0.31 per common share. T...