Matson, Inc. (MATX)
| Market Cap | 2.89B |
| Revenue (ttm) | 2.58B |
| Net Income (ttm) | 276.50M |
| Shares Out | 43.40M |
| EPS (ttm) | 6.34 |
| PE Ratio | 10.48 |
| Forward PE | 17.61 |
| Dividend | $0.91 |
| Dividend Yield | 1.37% |
| Trading Day | May 7 |
| Last Price | $66.39 |
| Previous Close | $66.40 |
| Change ($) | -0.01 |
| Change (%) | -0.02% |
| Day's Open | 66.37 |
| Day's Range | 65.91 - 66.97 |
| Day's Volume | 174,985 |
| 52-Week Range | 23.34 - 78.77 |
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...
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...
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.
Matson is building a base and near a possible buy zone ahead of its earnings report expected around Apr. 27 . The post Earnings Season Preview: Matson Near Buy Zone With Quarterly Report Due appeared fi...
HONOLULU, April 15, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings c...
Matson (MATX) closed at $68.64 in the latest trading session, marking a -0.28% move from the prior day.
Cash gives a company vitality and strength. It is the key for its existence, development and success, and can indeed be referred to as the lifeblood of the company.
Looking beyond profits to a company's cash position will be far more rewarding as this highlights its true financial health.
Top Ranked Momentum Stocks to Buy for March 17th
Does Matson (MATX) have what it takes to be a top stock pick for momentum investors? Let's find out.
The S&P 500 saw its trailing 12-month real earnings per share rise by approximately 1.32% on average every year over the past five years. The index's share price ($3,898.81 as of Wednesday) has climbed ...
As of late, it has definitely been a great time to be an investor in Matson (MATX).
Cash offers strength, vitality and flexibility to make investment decisions as well as the fuel to run its growth engine.
HONOLULU, March 1, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has published a new Sustainability Report that describes the company's commitment to responsible...
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...
Does Matson (MATX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Shares of Matson (NYSE:MATX) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 444.44% over the past year to $1.96, which beat the estimate of...
HONOLULU, Feb. 23, 2021 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $85.6 million, or $1.96 per diluted sha...
Cash indicates a company's true financial health. It offers the flexibility to make decisions, the means to make potential investments and the fuel to run its growth engine.
Transportation Services Industry on the Mend: 3 Stocks to Watch
HONOLULU, Feb. 3, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Senior Vice President and Chief Financial Officer, wi...
Cash is the most indispensable factor for any company. It gives strength and vitality to a company, and holds the key to its existence, development and success.
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...
HONOLULU, Jan. 28, 2021 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a first quarter dividend of $0.23 per common share. The...
As of late, it has definitely been a great time to be an investor in Matson (MATX).
Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
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...
Does Matson (MATX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Cash indicates a company's true financial health. It is the key to its existence, development and success.
Shares of Matson Inc. rose more than 5% in the extended session Monday after the shipping company said it expects fourth-quarter net income between $76.1 million and $81.6 million, and per-share earning...
HONOLULU, Jan. 11, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth quarter earnings ...
The S&P 500 stocks saw their aggregate trailing 12-month real revenue per share rise at a compound average growth rate (CAGR) of nearly 2% per annum over the past five years. The share price of the benc...
HONOLULU, Jan. 6, 2021 /PRNewswire/ -- Matson, Inc. (NYSE: MATX) announced today that Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Senior Vice President and Chief Financial Officer, wi...
Analyzing a company's cash position can be rewarding because it reveals its true financial health. AVNW, HLF, MATX and NLS are stocks to gain from.
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 Inc. has more chances than its peers to grow further and drive the marine shipping industry. Its financial stability can become the company's competitive advantage when the situation with COVID-1...
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 80.00, which is an increase of 20.50% from the latest price.