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Matson, Inc. (MATX)

NYSE: MATX · IEX Real-Time Price · USD
84.24 0.98 (1.18%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap3.62B
Revenue (ttm)2.93B
Net Income (ttm)406.20M
Shares Out43.50M
EPS (ttm)9.28
PE Ratio9.08
Forward PE17.61
Dividend$0.92 (1.09%)
Ex-Dividend DateAug 4, 2021
Volume183,766
Open83.05
Previous Close83.26
Day's Range83.05 - 84.70
52-Week Range49.34 - 91.79
Beta0.95
AnalystsStrong Buy
Price Target85.00 (+0.9%)
Est. Earnings DateNov 3, 2021

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,...

IndustryMarine
Founded1882
CEOMatthew Cox
Employees4,149
Stock ExchangeNYSE
Ticker SymbolMATX
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Matson stock is "Strong Buy." The 12-month stock price forecast is 85.00, which is an increase of 0.90% from the latest price.

Price Target
$85.00
(0.90% upside)
Analyst Consensus: Strong Buy

News

7 Best Transportation Stocks to Buy Now

Investors searching for opportunity amid the world's supply-chain woes would be wise to explore these seven transportation stocks.

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3 days ago - Kiplinger

Is Matson (MATX) Stock Undervalued 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...

1 week ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for October 15th

MATX, RLGY, and ASO made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 15, 2021.

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1 week ago - Zacks Investment Research

Matson (MATX) Hits Fresh High: Is There Still Room to Run?

Matson (MATX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 week ago - Zacks Investment Research

Another Bearish Stock Market Close; Matson, Zscaler, Boyd Gaming Flash Buy Signal

Another bearish stock market close; Matson, Zscaler, Boyd Gaming flash buy signals. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing...

Other symbols:BYDZS
1 week ago - Investors Business Daily

Stifel Is Bullish On These Marine Companies - Read Why

Stifel analyst Benjamin Nolan raised the price targets on marine companies Matson Inc's (NYSE:MATX) and Kirby Corp (NYSE:KEX) and is bullish on the stocks. Nolan upgraded Kirby to Buy from Hold and rais...

Other symbols:KEX
1 week ago - Benzinga

Matson Announces Preliminary 3Q21 Results, Provides Business Update And Announces 3Q21 Earnings Call Date

HONOLULU, Oct. 11, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary third quarter financial results, provides a business update and announces that i...

1 week ago - PRNewsWire

Top Ranked Value Stocks to Buy for October 7th

JBL, TILE, JFIN, and MATX made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 7, 2021.

Other symbols:JBLJFINTILE
2 weeks ago - Zacks Investment Research

Matson (MATX) Stock Moves -1.4%: What You Should Know

Matson (MATX) closed the most recent trading day at $81.80, moving -1.4% from the previous trading session.

3 weeks ago - Zacks Investment Research

Matson (MATX) Gains As Market Dips: What You Should Know

Matson (MATX) closed at $80.67 in the latest trading session, marking a +1.29% move from the prior day.

1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 20th

FBIZ, ABG, CAL, and MATX made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 20, 2021.

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1 month ago - Zacks Investment Research

Here's Why Matson (MATX) is a Great Momentum Stock to Buy

Does Matson (MATX) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Matson (MATX) Dips More Than Broader Markets: What You Should Know

Matson (MATX) closed at $83.66 in the latest trading session, marking a -1.46% move from the prior day.

1 month ago - Zacks Investment Research

4 Stocks to Gain as E-commerce Drives Retail Logistics Demand

Invest in companies like ArcBest (ARCB), Matson (MATX), Atlas Air Worldwide (AAWW) and Covenant Logistics (CVLG) as e-commerce continues to drive the demand for retail logistics.

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1 month ago - Zacks Investment Research

Shipping stocks hit fresh highs amid COVID-era supply chain chaos

The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That's good news for sentiment tow...

1 month ago - FreightWaves

Should Value Investors Consider Matson (MATX) Stock Now?

Let's see if Matson (MATX) stock is a good choice for value-oriented investors right now from multiple angles.

1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for September 13th

SC, CC, MATX, and MHO made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 13, 2021.

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1 month ago - Zacks Investment Research

Matson (MATX) Hits 52-Week High, Can the Run Continue?

Matson (MATX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

6 Stocks With Relative Price Strength to Enhance Your Gains

Jones Lang LaSalle (JLL), BJ's Wholesale Club Holdings (BJ), DICK'S Sporting Goods (DKS), AdvanSix (ASIX), Matson (MATX) and Ternium (TX) are six stocks with explosive relative price strength.

Other symbols:ASIXBJDKSJLLTX
1 month ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for August 25th

MATX, IT, BJ, and CZWI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 25, 2021.

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1 month ago - Zacks Investment Research

5 Top Stocks to Invest in for Attractive Earnings Growth

Buckle (BKE), NVIDIA (NVDA) & Skyline (SKY) are some of the companies that boast striking earnings growth and positive estimate revisions.

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1 month ago - Zacks Investment Research

Is Matson (MATX) a Great Value Stock 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...

2 months ago - Zacks Investment Research

Altra Industrial Motion Corp Ranked Among Today's Top Buys Amid Concerns Of The Fed Ending The Economic Stimulus

The Dow Jones ticked down 14 points this Friday morning, the S&P 500 was flat, and the Nasdaq rose about 0.2%. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.

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2 months ago - Forbes

Top Ranked Value Stocks to Buy for August 18th

TPH, FBIZ, MATX, and GPI made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 18, 2021.

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2 months ago - Zacks Investment Research

The shipping industry is seeing a cascading impact of the pandemic, expert says

Michelle Wiese Bockmann, analyst at Lloyd's List, discusses shipping blockages.

2 months ago - CNBC International TV