How to Buy Matson Stock
Matson Inc
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 $87.50, up 1.13% from the previous day, and has increased 33.81% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.44 percentage points. Matson stock is currently +54.84% from its 52-week low of $56.51, and -10.25% from its 52-week high of $97.49.
As of Sep 22, 2023, there are 35.29M MATX shares outstanding. The market capitalization of MATX is $3.09B. In the past 24 hours, 132,083 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.
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Open eToro AccountStep 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.
How to Open a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to create your new trading account.
- Submit your details by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you've created your account on our top ranked stock app, you need to deposit funds:
Watch the video below if you need help transferring money into your new brokerage account.
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 Due Diligence Checks
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MATX's stock page.
Is MATX stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge MATX's intrinsic value.
Using relative valuations metrics:
- MATX could be undervalued based on its P/E ratio of 6.93x, relative to Marine Shipping industry P/E ratio of 10.45x
- MATX could be overvalued based on its P/B ratio of 1.35x, relative to Marine Shipping industry P/B ratio of 0.73x
You can do additional valuation research on MATX's stock here.
MATX Financial Health Summary
Passed Health Checks:
- MATX earnings of $596.70M 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 $827.30M allows it to safely service it's debt of $790.00M.
Failed Health Checks:
- MATX profit margin has gone down from 29.3% to 13.5% in the past year.
- MATX has a relatively high debt to equity ratio of 0.84.
- 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 2 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.
Most Recent MATX Analyst Ratings
Benjamin Nolan, a top 20% analyst from Stifel Nicolaus maintains MATX with a hold rating and raises their MATX price target from $86.00 to $90.00, on Aug 2, 2023.
Jack Atkins, a top 6% analyst from Stephens & Co. maintains MATX with a hold rating and raises their MATX price target from $73.00 to $110.00, on Aug 2, 2023.
You can dig deeper into what analysts are forecasting on the Matson stock forecast page.
Metrics for Advanced MATX Traders
MATX Performance Metrics
Last year, MATX earnings were $458.80M. In the last five year, MATX's earnings have grown by 17.02% per year. This was slower than the Marine Shipping industry average of 28.42%.
Last year, MATX revenue was $3.39B. During the past 5 year, MATX's revenue has grown by 9.78% per year. This was slower than the Marine Shipping industry average of 17.62%.
Dig into MATX's earnings and revenue performance here.
Latest Insiders Trades at MATX
In the last 12 months, insiders at MATX have sold more shares than they have bought.
Matthew J. Cox, Chairman CEO of MATX, was the latest MATX insider to sell. They sold $716,003.03 worth of MATX shares on Aug 31, 2023.
Research more about who owns MATX stock here.
Can I rely on MATX as an income stream?
Matson pays a dividend of 1.43%, compared to the Marine Shipping industry's average dividend yield of 10.68%. If you owned $1,000 of MATX stock, you would have received $14.29 in the past 12 months.
Matson dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Matson dividend yield and history here.
MATX Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your MATX trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you require additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your MATX investment
Now that you own some MATX shares, you'll want to stay up-to-date on your new company.
Start a watchlist to get the latest updates about your MATX stock.
MATX Feed
How to Buy Stock in Matson
To summarize, here are the 6 steps to buy stock in Matson:
- Choose where to buy Matson stock
- Create a brokerage account
- Fund your brokerage account
- Research Matson stock
- Place your MATX trade
- Keep an eye on your MATX investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Matson, create a watchlist on WallStreetZen today.
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