MATX - Matson Inc Stock Price, Fair Value and News

111.75USD-0.28 (-0.25%)Delayed as of 08 May 2024, 02:02 pm ET

Market Summary

USD111.75-0.28

Delayedas of 08 May 2024, 02:02 pm

-0.25%

MATX Alerts

1 major insider sales recently.

MATX Stock Price

View Fullscreen

MATX RSI Chart

MATX Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

12.79

Price/Sales (Trailing)

1.23

EV/EBITDA

10.88

Price/Free Cashflow

8.5

MATX Price/Sales (Trailing)

MATX Profitability

EBT Margin

12.02%

Return on Equity

12.6%

Return on Assets

7.09%

Free Cashflow Yield

11.77%

MATX Fundamentals

MATX Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

2.45%

Rev. Growth (Qtr)

-8.47%

MATX Earnings

Earnings (TTM)

299.2M

Earnings Growth (Yr)

6.18%

Earnings Growth (Qtr)

-42.15%

Breaking Down MATX Revenue

52 Week Range

64.22112.03

(Low)(High)

Last 7 days

3.9%

Last 30 days

0.5%

Last 90 days

-4.0%

Trailing 12 Months

69.3%

How does MATX drawdown profile look like?

MATX Financial Health

Current Ratio

0.97

Debt/Equity

0.16

Debt/Cashflow

1.19

MATX Investor Care

Dividend Yield

1.12%

Dividend/Share (TTM)

1.26

Buy Backs (1Y)

5.35%

Diluted EPS (TTM)

8.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.1B	0	0	0
2023	3.9B	3.4B	3.1B	3.1B
2022	4.4B	4.8B	4.8B	4.3B
2021	2.6B	2.9B	3.4B	3.9B
2020	2.2B	2.2B	2.2B	2.4B
2019	2.2B	2.2B	2.2B	2.2B
2018	2.1B	2.1B	2.2B	2.2B
2017	2.0B	2.0B	2.1B	2.0B
2016	1.9B	2.0B	1.9B	1.9B
2015	1.7B	1.7B	1.8B	1.9B
2014	1.6B	1.7B	1.7B	1.7B
2013	1.6B	1.6B	1.6B	1.6B
2012	1.5B	1.5B	1.5B	1.6B
2011	1.6B	1.6B	1.5B	1.5B
2010	1.4B	1.5B	1.5B	1.6B
2009	1.7B	1.6B	1.5B	1.4B
2008	0	0	0	1.9B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Matson Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	isotoff leonard p	sold	-314,945	112	-2,800	senior vice president
Apr 27, 2024	stuck kevin l	sold (taxes)	-9,695	108	-89.00	vp and controller
Apr 25, 2024	tilden bradley d	acquired	-	-	1,185	-
Apr 25, 2024	ching meredith j	acquired	-	-	1,185	-
Apr 25, 2024	wall jenai s	acquired	-	-	1,185	-
Apr 25, 2024	lau constance h	acquired	-	-	1,185	-
Apr 25, 2024	fukunaga mark h	acquired	-	-	1,185	-
Apr 25, 2024	kuriyama stanley m	acquired	-	-	1,185	-
Apr 01, 2024	isotoff leonard p	sold (taxes)	-3,228	111	-29.00	senior vice president
Mar 13, 2024	scott christopher a	sold	-126,269	107	-1,171	senior vice president

Which funds bought or sold MATX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Jefferies Financial Group Inc.	new	-	772,790	772,790	-%
May 06, 2024	Metis Global Partners, LLC	unchanged	-	7,970	319,891	0.01%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	35.85	264,000	937,000	0.01%
May 06, 2024	HighTower Advisors, LLC	reduced	-8.11	-176,000	2,904,000	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-117,601	-	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-43.82	-270,962	368,335	-%
May 06, 2024	SG Americas Securities, LLC	new	-	182,000	182,000	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	28.00	1,124	-%
May 06, 2024	LSV ASSET MANAGEMENT	added	18.09	5,540,000	31,783,000	0.07%
May 06, 2024	Empowered Funds, LLC	reduced	-19.62	-918,199	4,308,520	0.08%

Are Funds Buying or Selling MATX?

Are funds buying MATX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MATX

No. of Funds

MATX Alerts

1 major insider sales recently.

Unveiling Matson Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	arrowmark colorado holdings llc	5.29%	1,849,740	SC 13G
Feb 13, 2024	vanguard group inc	10.79%	3,768,624	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.6%	2,658,644	SC 13G/A
Jan 22, 2024	blackrock inc.	16.8%	5,879,197	SC 13G/A
Mar 06, 2023	fuller & thaler asset management, inc.	3.63%	1,372,943	SC 13G/A
Feb 15, 2023	arrowmark colorado holdings llc	3.78%	1,429,600	SC 13G/A
Feb 14, 2023	fuller & thaler asset management, inc.	3.63%	2,894,031	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.4%	2,432,062	SC 13G
Feb 09, 2023	vanguard group inc	11.75%	4,437,890	SC 13G/A
Jan 26, 2023	blackrock inc.	17.5%	6,594,318	SC 13G/A

Recent SEC filings of Matson Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 03, 2024	144	Notice of Insider Sale Intent
May 01, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	8-K	Current Report
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading
Apr 29, 2024	4	Insider Trading

Peers (Alternatives to Matson Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
KEX	6.6B	3.1B	14.68%	58.55%	26.19	2.1	7.69%	73.34%
MATX	3.8B	3.1B	0.49%	69.30%	12.79	1.23	-19.84%	-60.56%
SMALL-CAP
GNK	958.9M	383.8M	8.25%	59.87%	-75.1	2.5	-28.52%	-108.04%
EGLE	693.2M	393.8M	0.58%	45.82%	30.5	1.76	-45.29%	-90.84%
PANL	348.5M	499.3M	7.65%	22.70%	13.25	0.7	-28.64%	-66.88%
SMHI	338.7M	282.3M	-15.13%	43.79%	-36.36	1.2	21.84%	87.00%

Matson Inc News

Latest updates

Matson Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.5%	722	789	828	773	705	802	1,115	1,261	1,166	1,267	1,072	875	712	700	645	524	514	541	572	558	532
Costs and Expenses	-4.0%	685	714	695	677	666	709	780	768	733	792	694	661	592	582	547	473	501	515	517	527	515
Operating Expenses	-5.0%	612	644	624	605	598	641	738	728	704	748	649	616	545	534	496	426	448	466	473	473	467
S&GA Expenses	0.1%	73.00	73.00	73.00	71.00	67.00	69.00	65.00	64.00	63.00	65.00	57.00	58.00	56.00	59.00	59.00	50.00	57.00	53.00	53.00	55.00	56.00
EBITDA Margin	-0.9%	0.12*	0.12*	0.17*	0.21*	0.29*	0.35*	0.39*	0.40*	0.37*	0.34*	0.29*	0.23*	0.20*	0.17*	-	-	-	-	-	-	-
Interest Expenses	-8.3%	2.00	2.00	2.00	3.00	5.00	4.00	5.00	5.00	5.00	5.00	5.00	6.00	7.00	5.00	6.00	8.00	9.00	6.00	6.00	6.00	5.00
Income Taxes	-58.0%	9.00	22.00	20.00	24.00	10.00	20.00	68.00	110	91.00	78.00	91.00	47.00	27.00	29.00	24.00	12.00	1.00	5.00	12.00	7.00	1.00
Earnings Before Taxes	-46.3%	45.00	84.00	140	104	44.00	98.00	334	490	430	473	375	210	114	114	95.00	45.00	5.00	20.00	49.00	26.00	14.00
EBT Margin	-0.3%	0.12*	0.12*	0.12*	0.17*	0.25*	0.31*	0.36*	0.37*	0.34*	0.30*	0.24*	0.18*	0.14*	0.11*	-	-	-	-	-	-	-
Net Income	-42.1%	36.00	62.00	120	81.00	34.00	78.00	266	381	339	395	283	163	87.00	86.00	71.00	33.00	4.00	16.00	36.00	18.00	13.00
Net Income Margin	0.1%	0.10*	0.10*	0.10*	0.14*	0.20*	0.24*	0.29*	0.29*	0.27*	0.24*	0.18*	0.14*	0.11*	0.08*	-	-	-	-	-	-	-
Free Cashflow	-67.1%	37.00	111	153	150	97.00	169	411	417	274	401	345	116	123	159	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.7%	4,220	4,295	4,293	4,218	4,227	4,330	4,459	4,159	3,978	3,693	3,223	3,036	2,930	2,901	2,807	2,778	2,836	2,845	2,754	2,658	2,677
Current Assets	-15.0%	512	602	636	578	567	760	875	1,113	875	705	482	403	314	306	290	274	309	290	300	290	307
Cash Equivalents	-79.0%	28.00	134	157	122	89.00	250	243	609	393	282	76.00	17.00	12.00	20.00	13.00	20.00	20.00	28.00	24.00	24.00	15.00
Net PPE	1.2%	2,116	2,090	2,059	2,029	1,967	1,963	1,907	1,895	1,895	1,878	1,827	1,716	1,684	1,690	1,615	1,578	1,590	1,598	1,486	1,399	1,386
Goodwill	0%	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328	328
Current Liabilities	-5.7%	531	562	571	549	536	582	600	632	610	612	547	532	519	512	454	450	471	437	438	425	411
Short Term Borrowings	0%	40.00	40.00	40.00	42.00	46.00	77.00	57.00	65.00	65.00	65.00	65.00	65.00	59.00	59.00	53.00	51.00	53.00	48.00	-	-	-
Long Term Debt	-2.5%	379	389	399	409	418	428	461	518	536	550	568	582	624	686	755	824	872	910	835	791	823
LT Debt, Non Current	-100.0%	-	389	399	409	418	428	461	518	536	550	568	582	624	686	755	824	872	910	835	791	823
Shareholder's Equity	-1.1%	2,374	2,401	2,390	2,290	2,270	2,297	2,299	2,134	1,911	1,667	1,345	1,173	1,029	961	892	816	800	806	798	765	763
Retained Earnings	-0.6%	2,078	2,090	2,084	1,989	1,970	1,986	2,014	1,841	1,615	1,354	1,050	874	735	658	585	514	501	504	498	468	468
Additional Paid-In Capital	-4.5%	280	293	289	283	280	290	290	295	296	314	314	317	312	322	313	307	305	306	303	301	298
Accumulated Depreciation	1.6%	1,420	1,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	-0.7%	34.00	34.00	35.00	36.00	36.00	36.00	40.00	40.00	41.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00	-	-
Float	-	-	-	-	2,687	-	-	-	2,789	-	-	-	2,724	-	-	-	1,233	-	-	-	1,642	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-67.1%	36,600	111,400	152,600	149,800	96,700	169,400	411,400	417,200	273,900	400,800	344,500	115,900	122,900	159,000	130,200	72,000	68,600	68,400	72,200	74,800	33,400
Share Based Compensation	-8.1%	5,700	6,200	7,800	5,200	4,600	2,800	5,000	5,800	4,700	5,100	4,700	4,700	4,800	6,800	5,900	3,000	3,100	2,600	2,500	3,000	3,200
Cashflow From Investing	12.6%	-59,000	-67,500	-68,900	-48,300	-153,500	-36,400	-613,900	-32,600	-46,400	-80,900	-142,900	-62,500	-37,100	-81,400	-60,500	-14,400	-20,700	-138,600	-101,500	-33,600	-33,200
Cashflow From Financing	-26.0%	-85,700	-68,000	-49,200	-68,000	-104,500	-126,000	-165,100	-168,400	-117,100	-113,400	-143,100	-47,800	-88,400	-73,600	-76,500	-60,800	-50,600	66,300	28,900	-32,800	-400
Dividend Payments	-0.9%	11,100	11,200	11,400	11,100	11,300	11,100	11,900	12,100	12,900	12,600	13,100	10,100	10,100	10,100	10,000	9,600	9,500	9,500	9,500	9,100	9,100
Buy Backs	6.4%	48,900	45,950	25,800	42,400	42,100	101,200	88,000	138,100	68,600	82,600	115,700	-	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

MATX Income Statement

2024-03-31

Condensed Consolidated Statements of Income and Comprehensive Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Revenue:
Total Operating Revenue	$ 722.1	$ 704.8
Costs and Expenses:
Operating costs	(612.2)	(597.5)
Income (Loss) from SSAT	0.4	(1.8)
Selling, general and administrative	(73.4)	(66.8)
Total Costs and Expenses	(685.2)	(666.1)
Operating Income	36.9	38.7
Interest income	8.8	8.2
Interest expense	(2.2)	(4.5)
Other income (expense), net	1.8	1.8
Income before Taxes	45.3	44.2
Income taxes	(9.2)	(10.2)
Net Income	36.1	34.0
Other Comprehensive Income (Loss), Net of Income Taxes:
Net Income (Loss)	36.1	34.0
Other Comprehensive Income (Loss):
Net change in pension and post-retirement liabilities	(0.8)	(0.8)
Other adjustments	(0.8)	1.4
Total Other Comprehensive Income (Loss), Net of Income Taxes	(1.6)	0.6
Comprehensive Income	$ 34.5	$ 34.6
Basic Earnings Per Share (in dollars per share)	$ 1.05	$ 0.94
Diluted Earnings Per Share (in dollars per share)	$ 1.04	$ 0.94
Weighted Average Number of Shares Outstanding:
Basic (in shares)	34.4	36.1
Diluted (in shares)	34.6	36.3
Ocean Transportation
Operating Revenue:
Total Operating Revenue	$ 579.0	$ 551.0
Logistics
Operating Revenue:
Total Operating Revenue	$ 143.1	$ 153.8

MATX Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 25.9	$ 134.0
Accounts receivable, net of allowance for credit losses of $10.5 million and $9.9 million, respectively	302.8	279.4
Prepaid expenses and other assets	183.3	188.9
Total current assets	512.0	602.3
Long-term Assets:
Investment in SSAT	85.2	85.5
Property and equipment, net	2,115.7	2,089.9
Operating lease right of use assets	274.9	289.6
Goodwill	327.8	327.8
Intangible assets, net	172.5	176.4
Capital Construction Fund	606.8	599.4
Deferred dry-docking costs, net	57.0	57.3
Other long-term assets	68.0	66.4
Total long-term assets	3,707.9	3,692.3
Total Assets	4,219.9	4,294.6
Current Liabilities:
Current portion of debt	39.7	39.7
Accounts payable and accruals	277.5	277.9
Operating lease liabilities	131.7	136.7
Other liabilities	81.6	108.0
Total current liabilities	530.5	562.3
Long-term Liabilities:
Long-term debt, net of deferred loan fees	379.4	389.3
Long-term operating lease liabilities	148.9	159.3
Deferred income taxes	674.8	669.3
Other long-term liabilities	112.5	113.7
Total long-term liabilities	1,315.6	1,331.6
Commitments and Contingencies (see Note 15)
Shareholders' Equity:
Common stock	25.6	25.8
Additional paid in capital	280.2	293.4
Accumulated other comprehensive loss, net	(9.8)	(8.2)
Retained earnings	2,077.8	2,089.7
Total shareholders' equity	2,373.8	2,400.7
Total Liabilities and Shareholders' Equity	$ 4,219.9	$ 4,294.6

About Matson Inc

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, foods and beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan; and provides stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services to ocean carriers on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. In addition, the company offers vessel management and container transshipment services. Its Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services; less-than-container load consolidation and freight forwarding services; warehousing and distribution services; supply chain management services, and non-vessel operating common carrier freight forwarding services. The company serves the U.S. military, freight forwarders, retailers, consumer goods, automobile manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

CEO	Mr. Matthew J. Cox
WEBSITE	matson.com
INDUSTRY	Marine Shipping
EMPLOYEES	4288

Matson Inc Frequently Asked Questions

What is the ticker symbol for Matson Inc? What does MATX stand for in stocks?

MATX is the stock ticker symbol of Matson Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Matson Inc (MATX)?

As of Tue May 07 2024, market cap of Matson Inc is 3.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MATX stock?

You can check MATX's fair value in chart for subscribers.

What is the fair value of MATX stock?

You can check MATX's fair value in chart for subscribers. The fair value of Matson Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Matson Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MATX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Matson Inc a good stock to buy?

The fair value guage provides a quick view whether MATX is over valued or under valued. Whether Matson Inc is cheap or expensive depends on the assumptions which impact Matson Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MATX.

What is Matson Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MATX's PE ratio (Price to Earnings) is 12.79 and Price to Sales (PS) ratio is 1.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MATX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Matson Inc's stock?

In the past 10 years, Matson Inc has provided 0.189 (multiply by 100 for percentage) rate of return.