Matson is a shipping company located in Hawaii, United States, which is part of the Industrials sector, and is traded under the ticker MATX on the NYSE exchange.
Matson stock last closed at $109.72, up 1.38% from the previous day, and has increased 72.81% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.34 percentage points. Matson stock is currently +74.98% from its 52-week low of $62.71, and -10.79% from its 52-week high of $122.99.
As of Apr 25, 2024, there are 34.5M MATX shares outstanding. The market capitalization of MATX is $3.78B. In the past 24 hours, 162,529 MATX shares were traded.
How to Buy Matson Stock
Not sure how to invest in Matson stock? Here's how.
Choose where to buy Matson stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Matson stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Fund your brokerage account: Choose your payment method and add your details.
Research Matson stock: The Matson ticker symbol is MATX. Is Matson stock a good investment? Should you buy shares of MATX? How do MATX's underlying business fundamentals look? Do top analysts think Matson is a good buy? Why has MATX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if MATX is a good stock to buy).
Place your MATX trade: Decide if you will purchase MATX shares at the current market price or use a limit order to purchase MATX shares at a given price.
Keep an eye on your MATX investment: Create a watchlist to keep track of your investment in Matson shares.
Step 1: Choose where to buy Matson stock
You need an online brokerage account in order to access the NYSE market and buy MATX stock.
A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in MATX stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Matson stock
After you have decided on the best place to buy Matson stock, it's absolutely critical to research their stock before you buy, so you truly comprehend the risk as well as the upside.
Matson shares data
MATX Price
$109.72
1w %
4.85%
1y %
72.81%
5y %
188.21%
P/E
13.03x
P/B
1.58x
P/S
1.25x
PEG
N/A
Revenue
$3.09B
Earnings
$297.10M
Fore. Rev. Growth
1.41%
Fore. Earn. Growth
-42.75%
Market Cap
$3.78B
Next Earnings
May 2, 2024
Next Dividend
N/A
MATX Due Diligence Checks
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
MATX earnings of $385.20M is not sufficient to cover its interest payments.
There are more short-term assets than short-term liabilities on the MATX balance sheet.
Total MATX debt is lower than 5 years ago, relative to shareholder equity.
MATX's operating cash flow of $510.50M allows it to safely service it's debt of $725.00M.
Failed Health Checks:
MATX profit margin has gone down from 24.5% to 9.6% in the past year.
MATX has a relatively high debt to equity ratio of 0.79.
There are more long-term liabilities than short-term assets on the MATX balance sheet.
Is it a good time to buy MATX stock, according to Wall Street analysts?
Out of 1 Equities analysts who give ratings on MATX, the consensus analyst rating on MATX is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Matson stock forecast page.
MATX Technical Indicators
SMA10
107.94
SMA20
109.35
SMA50
109.82
SMA100
110.14
SMA200
99.83
MACD
-0.47
MACD Signal
-0.46
MACD Histogram
0
RSI
51.99
Stochastic %K
41
Stochastic %D
34
StochRSI %K
55.06
StochRSI %D
45.41
MATX Earnings
Last year, MATX earnings were $297.10M. Over the last 5 year, MATX's earnings have increased by 26.99% per year. This was faster than the Marine Shipping industry average of 15.52%.
Last year, MATX revenue was $3.09B. During the past five year, MATX's revenue has gone up by 6.84% per year. This was slower than the Marine Shipping industry average of 15.25%.
Matson pays a dividend of 1.16%, compared to the Marine Shipping industry's average dividend yield of 5.28%. If you owned $1,000 worth of MATX stock, you would have received $11.57 in the past year.
Matson dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Place your MATX trade
You have two main types of orders:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are usually sufficient.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you need more info about investing in stocks on eToro, click the how to video below:
As of Apr 25, 2024, it costs $109.72 to buy one share of Matson stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.091 shares of MATX.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.