Matson Inc [MATX] stock prices are up 2.08% to $142.07 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MATX shares have gain 4.96% over the last week, with a monthly amount glided 4.01%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Matson Inc [NYSE: MATX] stock has seen the most recent analyst activity on November 18, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Wolfe Research upgraded its rating to Outperform on October 04, 2023, and kept the price target unchanged to $113. On November 17, 2022, upgrade upgraded it’s rating to Peer Perform. Wolfe Research started tracking the stock assigning a Underperform rating and suggested a price target of $80 on August 16, 2022. Stifel downgraded its rating to a Hold and reduced its price target to $93 on August 02, 2022. Stephens downgraded its rating to Equal-Weight for this stock on April 29, 2021, and downed its price target to $70. In a note dated April 29, 2021, Stephens downgraded an Equal-Weight rating on this stock but restated the target price of $70.
The stock price of Matson Inc [MATX] has been fluctuating between $100.50 and $169.12 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 $142.07 at the most recent close of the market. An investor can expect a potential return of 0.89% based on the average MATX price forecast.
Analyzing the MATX fundamentals
The Matson Inc [NYSE:MATX] reported sales of 3.32B for trailing twelve months, representing a surge of 16.25%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.26.
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 138.63 points at the first support level, and at 135.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 146.19, and for the 2nd resistance point, it is at 150.31.
Ratios To Look Out For
It’s worth pointing out that Matson Inc [NYSE:MATX]’s Current Ratio is 1.13. Also, the Quick Ratio is 1.13, while the Cash Ratio stands at 0.47. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 1.85 and price to earnings (TTM) ratio is 11.82.
Transactions by insiders
Recent insider trading involved Sullivan John Warren, Senior Vice President, that happened on Nov 13 ’24 when 750.0 shares were sold. EVP, Rolfe Rusty K completed a deal on Nov 13 ’24 to sell 3000.0 shares. Meanwhile, Officer Sullivan John Warren bought 750.0 shares on Nov 13 ’24.
