On Friday, Matson Inc (NYSE: MATX) was -2.58% drop from the session before settling in for the closing price of $141.27. A 52-week range for MATX has been $100.50 – $169.12.
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Annual sales at Industrials sector company grew by 13.69% over the past five years. When this article was written, the company’s average yearly earnings per share was at 61.10%. With a float of $32.48 million, this company’s outstanding shares have now reached $33.21 million.
Let’s look at the performance matrix of the company that is accounted for 4315 employees. In terms of profitability, gross margin is 22.97%, operating margin of 14.38%, and the pretax margin is 15.83%.
Matson Inc (MATX) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Matson Inc stocks. The insider ownership of Matson Inc is 2.20%, while institutional ownership is 84.98%. The most recent insider transaction that took place on Nov 13 ’24, was worth 124,125. In this transaction Senior Vice President of this company sold 750 shares at a rate of $165.50, taking the stock ownership to the 12,745 shares. Before that another transaction happened on Nov 13 ’24, when Company’s EVP sold 3,000 for $165.97, making the entire transaction worth $497,904. This insider now owns 21,871 shares in total.
Matson Inc (MATX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.10% per share during the next fiscal year.
Matson Inc (NYSE: MATX) Trading Performance Indicators
You can see what Matson Inc (MATX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38. Likewise, its price to free cash flow for the trailing twelve months is 9.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.02, a number that is poised to hit 3.38 in the next quarter and is forecasted to reach 10.06 in one year’s time.
Technical Analysis of Matson Inc (MATX)
Matson Inc (NYSE: MATX) saw its 5-day average volume 0.24 million, a positive change from its year-to-date volume of 0.23 million. As of the previous 9 days, the stock’s Stochastic %D was 57.15%. Additionally, its Average True Range was 3.71.
During the past 100 days, Matson Inc’s (MATX) raw stochastic average was set at 31.27%, which indicates a significant decrease from 32.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.83% in the past 14 days, which was lower than the 35.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $148.19, while its 200-day Moving Average is $131.89. Nevertheless, the first resistance level for the watch stands at $140.33 in the near term. At $143.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $144.53. If the price goes on to break the first support level at $136.13, it is likely to go to the next support level at $134.64. Assuming the price breaks the second support level, the third support level stands at $131.93.
Matson Inc (NYSE: MATX) Key Stats
There are 33,210K outstanding shares of the company, which has a market capitalization of 4.57 billion. As of now, sales total 3,095 M while income totals 297,100 K. Its latest quarter income was 962,000 K while its last quarter net income were 199,100 K.
