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.
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.
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
$87.50
1w %
1.32%
1y %
33.81%
5y %
127.51%
P/E
6.93x
P/B
1.35x
P/S
0.92x
PEG
N/A
Revenue
$3.39B
Earnings
$458.80M
Fore. Rev. Growth
-5.06%
Fore. Earn. Growth
-12.6%
Market Cap
$3.09B
Next Earnings
Oct 31, 2023
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 $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
SMA10
86.92
SMA20
86.78
SMA50
88.95
SMA100
80.77
SMA200
72.22
MACD
-0.17
MACD Signal
-0.44
MACD Histogram
0.27
RSI
56.35
Stochastic %K
72.45
Stochastic %D
60.5
StochRSI %K
89.85
StochRSI %D
84.9
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%.
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.
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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:
As of Sep 22, 2023, it costs $87.50 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 0.114 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.