Matson, Inc. (MATX)

NYSE: MATX · IEX Real-Time Price · USD
85.02
-0.88 (-1.02%)
Aug 16, 2022 11:28 AM EDT - Market open
-1.02%
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...]

Industry Marine
Founded 1882
CEO Matthew Cox
Employees 4,259
Stock Exchange NYSE
Ticker Symbol MATX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$120.36
(41.57% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: DAC

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.

Other symbols: ARCHNXPXDSU

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.

Other symbols: JBLMARNTAPX

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.

Other symbols: CMREPBR

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.

Other symbols: ARCBCMREEPBR

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.

Other symbols: APLEARCHCVLGVLO

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.

Other symbols: CHRWHUBG

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

Other symbols: NXPLABSUVLO

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.

Other symbols: DDSKOLPXQCOM

Daily Dividend Report: Kroger, S&P Global, Lockheed Martin, Pfizer, Matson

Daily Dividend Report: Kroger, S&P Global, Lockheed Martin, Pfizer, Matson

Other symbols: KRLMTPFESPGI

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...