Matson Inc (NYSE:MATX) currently has a daily average trading volume of 385.23K but it saw 394646 shares traded in last market. With a market cap of 3.23B USD, the company’s current market price of $98.32 came rising about 0.41 while comparing to the previous closing price of $97.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $169.12 and as low as $96.72. In the recent trading on the day, stock has struck highest price mark of $97.93 while lowest mark touched by it was $99.9.
Taking a look at 20-day trading activity of Matson Inc (MATX) gives us an average price of $116.34, while its current price level is -41.86% below from 52-week high level whereas it is 1.66% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $128.95 while that of 200 days or SMA-200 reads an average of $136.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.78% during that period while stretching the period over a month that increases to 4.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 24.96 which implies that the stock is in oversold territory.
Wolfe Research upgraded its recommendation for the stock as a “Outperform” from “Peer Perform” on October 04, 2023 while assigning a price target of $113.
Over the week, MATX’s stock price is moving -3.54% down while it is -23.43% when we observe its performance for the past one month. Year-to-date it is -27.08% down and over the past year, the stock is showing a downside performance of -9.24%.
The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 2.17 while estimate for next year EPS is 11.51. In next quarter, company is expected to be making quarterly sales of $865.81M as analysts are expecting the sales for current fiscal year at $3.41B and seeing the company making $3.36B in sales next year. Moreover, analysts are in estimates of $818.07M for current-quarter revenue.
Currently, Matson Inc’s total number of outstanding shares is 33.00M. Company’s return on investment (ROI) stands at 14.74% and return on equity (ROE) at 18.86%. It has a price to earnings ratio (P/E ratio) of 7.00 while having a 10.48 of forward P/E ratio. Stock’s beta reads 1.37. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 0.94. Its return on asset (ROA) is 10.42% on average.
