Matson Inc [MATX] stock is trading at $129.54, up 0.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MATX shares have lost -2.00% over the last week, with a monthly amount glided 4.23%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Matson Inc [NYSE: MATX] stock has seen the most recent analyst activity on October 04, 2023, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $113 for it. Previously, Wolfe Research upgraded its rating to Peer Perform on November 17, 2022. On August 16, 2022, Wolfe Research initiated with a Underperform rating and assigned a price target of $80 on the stock. Stifel downgraded its rating to a Hold and decreased its price target to $93 on August 02, 2022. Stephens downgraded its rating to a Equal-Weight and reduced its price target to $70 on April 29, 2021. Stephens downgraded its rating to Equal-Weight for this stock on April 29, 2021, but kept the price target unchanged to $70. In a note dated November 03, 2020, Stephens upgraded an Overweight rating on this stock and boosted its target price from $45 to $70.
Matson Inc [MATX] stock has fluctuated between $82.68 and $136.31 over the past year. Currently, Wall Street analysts expect the stock to reach $143.33 within the next 12 months. Matson Inc [NYSE: MATX] shares were valued at $129.54 at the most recent close of the market. An investor can expect a potential return of 10.65% based on the average MATX price forecast.
Analyzing the MATX fundamentals
Matson Inc [NYSE:MATX] reported sales of 3.19B for the trailing twelve months, which represents a growth of 9.57%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 127.68 points at the first support level, and at 125.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 131.28, and for the 2nd resistance point, it is at 133.02.
Ratios To Look Out For
For context, Matson Inc’s Current Ratio is 0.93. As well, the Quick Ratio is 0.93, while the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 1.81 and price to earnings (TTM) ratio is 13.60.
Transactions by insiders
Recent insider trading involved Heilmann Peter T, Officer, that happened on Aug 06 ’24 when 10000.0 shares were purchased. Officer, Wine Joel M completed a deal on Jul 31 ’24 to buy 3524.0 shares. Meanwhile, Chairman & CEO COX MATTHEW J sold 7500.0 shares on Jul 31 ’24.
