La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Matson a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Matson..

Matson (NYSE:MATX) Azioni, Catena delle Opzioni

Matson

Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from Ocean Transportation segment.

Matson Inc

WIIM

MATX

Matson shares are trading higher after the company reported better-than-expecpted Q3 adjusted EUPS results.

Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) reported quarterly earnings of $5.89 per share which beat the analyst consensus estimate of $4.75 by 24 percent. The company reported quarterly sales of $962.000 million which missed the analyst consensus estimate of $965.729 million by 0.39 percent. This is a 16.25 percent increase over sales of $827.500 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

News

Matson Q3 2024 Adj. EPS $5.89 Beats $4.75 Estimate, Sales $962.000M Miss $965.729M Estimate

Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) will release its quarterly earnings report on Wednesday, 2024-10-30. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Matson to report an earnings per share (EPS) of $4.74.
Matson bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.31 in the last quarter, leading to a 2.26% increase in the share price on the following day.
Here's a look at Matson's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>3</td>
<td>1.04</td>
<td>1.51</td>
<td>3.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>3.31</td>
<td>1.04</td>
<td>1.78</td>
<td>3.40</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>-2.0%</td>
<td>-1.0%</td>
<td>-4.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730210586_0.png" alt="eps graph" />
<h3>Matson Share Price Analysis</h3>
Shares of Matson were trading at $133.18 as of October 28. Over the last 52-week period, shares are up 49.66%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analysts' Take on Matson</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Matson.
Analysts have given Matson a total of 1 ratings, with the consensus rating being Outperform. The average one-year price target is $160.0, indicating a potential 20.14% upside.
<h3>Comparing Ratings with Competitors</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Star Bulk Carriers, Golden Ocean Group and Navios Maritime Partners, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>The consensus among analysts is an Buy trajectory for Star Bulk Carriers, with an average 1-year price target of $23.5, indicating a potential 82.35% downside.</li>
<li>The consensus outlook from analysts is an Neutral trajectory for Golden Ocean Group, with an average 1-year price target of $14.5, indicating a potential 89.11% downside.</li>
<li>Analysts currently favor an Buy trajectory for Navios Maritime Partners, with an average 1-year price target of $80.0, suggesting a potential 39.93% downside.</li>
</ul>
<h3>Insights: Peer Analysis</h3>
The peer analysis summary outlines pivotal metrics for Star Bulk Carriers, Golden Ocean Group and Navios Maritime Partners, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matson</td>
<td>Outperform</td>
<td>9.57%</td>
<td>$200.50M</td>
<td>4.74%</td>
</tr>
<tr>
<td>Star Bulk Carriers</td>
<td>Buy</td>
<td>47.84%</td>
<td>$131.76M</td>
<td>5.10%</td>
</tr>
<tr>
<td>Golden Ocean Group</td>
<td>Neutral</td>
<td>17.20%</td>
<td>$91.01M</td>
<td>3.24%</td>
</tr>
<tr>
<td>Navios Maritime Partners</td>
<td>Buy</td>
<td>-1.38%</td>
<td>$141.61M</td>
<td>3.44%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Matson ranks highest in Revenue Growth among its peers. It is in the middle for Gross Profit. Matson is at the bottom for Return on Equity.
<h3>Get to Know Matson Better</h3>
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from Ocean Transportation segment.
<h3>Key Indicators: Matson's Financial Health</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Matson showcased positive performance, achieving a revenue growth rate of 9.57% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Matson's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 13.36%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.74%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Matson's ROA excels beyond industry benchmarks, reaching 2.67%. This signifies efficient management of assets and strong financial health.
Debt Management: Matson's debt-to-equity ratio is below the industry average at 0.28, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/MATX/earnings">To track all earnings releases for Matson visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Peek at Matson's Future Earnings

Matson Begins Construction On First Of Three $1B LNG-Powered Aloha Class Containerships As Part Of Long-Term Decarbonization Strategy

Revealing a significant insider sell on August 22, Richard S Kinney, Senior Vice President at Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>), as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Kinney sold 1,615 shares of Matson. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000003453/000122520824008135//Archives/edgar/data/3453/000122520824008135/0001225208-24-008135-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total transaction value is $215,796.
The latest update on Thursday morning shows Matson shares down by 0.0%, trading at $133.73.
<h3>About Matson</h3>
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from Ocean Transportation segment.
<h3>Matson: A Financial Overview</h3>
Revenue Growth: Matson's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 9.57%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 23.66%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 3.34, Matson showcases strong earnings per share.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.28.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 14.14 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.47, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 7.07 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
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<h3>Exploring the Significance of Insider Trading</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000003453">Check Out The Full List Of Matson's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Richard S Kinney Takes Money Off The Table, Sells $215K In Matson Stock

Possible labor strikes at U.S. East and Gulf coast ports and Canadian railways may lead to volatility in <a href="https://www.benzinga.com/news/global/24/08/40451543/transatlantic-container-shipping-volumes-rise-as-possible-strike-at-u-s-ports-hovers">container freight rates</a> by causing supply-chain disruptions for the container industry and cargo owners, according to an industry expert.
&#8220;With the looming strikes at Canadian railways and U.S. ports, we may see an immediate uptick in freight rates as market participants brace for significant disruptions,&#8221; said Christian Roeloffs, CEO of German online container marketplace Container xChange.
Read Also: <a href="https://www.benzinga.com/top-stories/24/07/39964809/stock-of-the-day-reversal-for-sfl-corp-why-investors-are-concerned">Stock Of The Day: Reversal For SFL Corp? Why Investors Are Concerned</a>
&#8220;The possibility of simultaneous strikes at U.S. ports and Canadian railways present a perfect storm for North American trade.&#8221;
Canadian&nbsp;National&nbsp;Railway and&nbsp;Canadian&nbsp;Pacific Kansas City plan to lock out thousands of rail workers on Thursday if they cannot reach labor agreements with the Teamsters Canada Rail Conference, Reuters reported.
The Teamsters issued a 72-hour strike notice on Sunday to CPKC ahead of the company's lockout notice.
Meanwhile, the International Longshoreman Association, which represents 45,000 dockworkers at three dozen U.S. ports, plans to go on strike on Oct. 1 if it does not sign a new labor contract with the U.S. Maritime Alliance by that date.
Price Action: Container leasing and container liner stocks saw gains and losses on Wednesday.
<ul>
<li>Triton International Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRTN#NYSE">TRTN</a>) was down 0.53% to close at $26.18</li>
<li>Euroseas Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESEA#NASDAQ">ESEA</a>) declined 4.98% to $45.42.</li>
<li>Global Ship Lease, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSL#NYSE">GSL</a>) slipped 0.87% to $26.17</li>
<li>Matson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) picked up 2.09% to $133.73</li>
<li>Danaos Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAC#NYSE">DAC</a>) declined 0.90% to $82.36</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/06/39323886/new-chinese-megaport-roils-us-trading-influence-with-south-america">New Chinese Megaport Roils US Trading Influence With South America</a></li>
</ul>
Photo: Shutterstock

Global

Markets

ESEA

TRTN

Strikes At US Ports, Canada's Railways May Cause Container Freight Rate Volatility

A substantial insider sell was reported on August 7, by Peter T Heilmann, EVP at Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>), based on the recent SEC filing.
What Happened: Heilmann's decision to sell 10,000 shares of Matson was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000003453/000122520824007907//Archives/edgar/data/3453/000122520824007907/0001225208-24-007907-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,293,739.
In the Thursday's morning session, Matson's shares are currently trading at $128.11, experiencing a down of 0.0%.
<h3>All You Need to Know About Matson</h3>
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from Ocean Transportation segment.
<h3>Unraveling the Financial Story of Matson</h3>
Revenue Growth: Matson's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 9.57%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 23.66%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Matson's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 3.34.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.28, Matson adopts a prudent financial strategy, indicating a balanced approach to debt management.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Matson's P/E ratio of 13.54 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.41 is lower than the industry average, implying a discounted valuation for Matson's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 6.8 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Understanding Crucial Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000003453">Check Out The Full List Of Matson's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peter T Heilmann Executes Sell Order: Offloads $1.29M In Matson Stock

Stephens &amp; Co. analyst Jack Atkins maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Overweight and raises the price target from $155 to $160.

Price Target

Analyst Ratings

Stephens & Co. Maintains Overweight on Matson, Raises Price Target to $160

Guidance

Matson Expects Q3 2024 Ocean Transportation Operating Income To Be Significantly Higher Than $118.2M Last Year; Q4 2024 Operating Income Expected To Be Moderately Higher Than $66.4M In Q4 2023

Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) reported quarterly earnings of $3.31 per share which beat the analyst consensus estimate of $3.00 by 10.33 percent. The company reported quarterly sales of $847.40 million which beat the analyst consensus estimate of $839.49 million by 0.94 percent. This is a 9.57 percent increase over sales of $773.40 million the same period last year.

Matson Q2 2024 Adj EPS $3.31 Beats $3.00 Estimate, Sales $847.40M Beat $839.49M Estimate

Matson&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/matx#NYSE">MATX</a>) recently announced a 6.3% hike in its quarterly dividend, taking the total to 34 cents per share (annualized $1.36). The first installment of the increased dividend will be paid out on Sep 5, 2024, to its shareholders of record as of Aug 1.
The upped dividend highlights this transportation company&#39;s commitment to creating value for its shareholders. MATX&#39;s dividend yield based on the new payout and Jun 27&#39;s closing price is 1.06%. The current increase marks the seventh dividend hike by the company in the last five years.
Per chairman and CEO Matt Cox, &quot;The increase reflects the strength of our business and confidence in our long-term free cash flow growth. As always, we remain committed to the return of excess capital to shareholders through the execution of share repurchases after funding our dividend, supporting our operations with maintenance capital, and investing in growth opportunities, while maintaining an investment grade balance sheet.&quot;
Matson, currently sporting a Zacks Rank #1 (Strong Buy), is also active on the buyback front. Investors should note that Matson has a 5-year median return on capital of 14.3%, which is higher than its industry&#39;s 10%, depicting the company&#39;s financial efficiency.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/d1/69834.jpg?v=1441934294" /> 
Image Source: Zacks Investment Research
Matson is not the only player from the Zacks&nbsp;Transportation&nbsp;sector to have hiked quarterly dividends in 2024. In June,&nbsp;FedEx&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>) board of directors approved a dividend hike of 10%, thereby raising its quarterly cash dividend to $1.38 per share ($5.52 annualized). In January,&nbsp;GATX Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gatx#NYSE">GATX</a>) board of directors announced a dividend hike of 5.5%, which raised its quarterly cash dividend to 58 cents per share. Notably, 2024 marks the 106th consecutive year of GATX paying out dividends.
Dividend-paying stocks provide a solid income stream and have fewer chances of experiencing wild price swings. Dividend stocks, like MATX, are safe bets for creating wealth, as the payouts generally act as a hedge against economic uncertainty like the current scenario.
<a href="https://www.zacks.com/stock/news/2294793/matson-matx-rewards-shareholders-with-6-3-dividend-hike?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2294793">To read this article on Zacks.com click here.</a>

Events

GATX

Matson Rewards Shareholders With 6.3% Dividend Hike

The Board of Directors of&nbsp;Matson, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>), a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.34 per common share. The dividend represents a two-cent, or 6.3%, increase over the previous quarter's dividend and will be paid on September 5, 2024 to all shareholders of record as of the close of business on August 1, 2024.

Dividends

Matson Increases Quarterly Dividend From $0.32 To $0.34 Per Share

Stephens &amp; Co. analyst Daniel Imbro reiterates Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Overweight and maintains $135 price target.

Reiteration

Stephens & Co. Reiterates Overweight on Matson, Maintains $135 Price Target

It was reported on May 7, that Leonard P Isotoff, Senior Vice President at Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Isotoff's decision to sell 2,800 shares of Matson was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000003453/000122520824005740//Archives/edgar/data/3453/000122520824005740/0001225208-24-005740-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $314,945.
At Wednesday morning, Matson shares are up by 0.29%, trading at $112.03.
<h3>Unveiling the Story Behind Matson</h3>
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from Ocean Transportation segment.
<h3>Understanding the Numbers: Matson's Finances</h3>
Decline in Revenue: Over the 3 months period, Matson faced challenges, resulting in a decline of approximately -8.47% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: With a low gross margin of 15.22%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Matson's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.05.
</li>
</ul>
Debt Management: Matson's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.18.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 13.31, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.27 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Matson's EV/EBITDA ratio of 6.75 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
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<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes Worth Your Attention</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000003453">Check Out The Full List Of Matson's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Leonard P Isotoff Executes Sell Order: Offloads $314K In Matson Stock

Stifel analyst Benjamin Nolan maintains Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) with a Hold and raises the price target from $109 to $111.

Stifel Maintains Hold on Matson, Raises Price Target to $111

Matson Sees Q2 Consolidated Operating Income To Be To Be Modestly Higher Than The $96.7m Achieved In Q2 2023; Expects FY24 Consolidated Operating Income To Be Modestly Higher Than The $342.8M Achieved In 2023 And Expects Comparable Seasonality To The Prior Year

Matson Sees Q2 2024 Ocean Transportation Operating Income To Be Moderately Higher Than The Level Achieved In Q2 2023

As a result of first quarter performance and the outlook trends noted above, the Company expects full year 2024 Ocean Transportation operating income to be higher than the $294.8&nbsp;million achieved in 2023 and higher than the previous outlook. &nbsp;In the second quarter 2024, the Company expects Ocean Transportation operating income to be moderately higher than the level achieved in the second quarter 2023.
Logistics: &nbsp;In the first quarter 2024, operating income for the Company's Logistics segment was $9.3&nbsp;million, or $1.6&nbsp;million lower compared to the level achieved in the first quarter 2023.&nbsp; The decrease was primarily due to continued market softness in transportation brokerage.&nbsp; For 2024, the Company expects challenging business conditions for transportation brokerage and expects operating income to be lower than the $48.0 million achieved in 2023.&nbsp; In the second quarter 2024, the Company expects operating income to be lower than the level achieved in the second quarter 2023.
Consolidated Operating Income:&nbsp; For full year 2024, the Company expects consolidated operating income to be modestly higher than the $342.8&nbsp;million achieved in 2023 and expects comparable seasonality to the prior year.&nbsp; For the second quarter 2024, the Company expects consolidated operating income to be modestly higher than the $96.7&nbsp;million achieved in the second quarter 2023.
Depreciation and Amortization: &nbsp;For the full year 2024, the Company expects depreciation and amortization expense to be approximately $180&nbsp;million, inclusive of dry-docking amortization of approximately $27&nbsp;million.
Interest Income: &nbsp;The Company expects interest income for the full year 2024 to be approximately $45&nbsp;million.&nbsp; The increase in expected interest income from the prior outlook is due to the receipt on April 19, 2024 of $10.2 million in interest income earned on the federal tax refund related to the Company's 2021 federal tax return.&nbsp;
Interest Expense: &nbsp;The Company expects interest expense for the full year 2024 to be approximately $8&nbsp;million.
Other Income (Expense): &nbsp;The Company expects full year 2024 other income (expense) to be approximately $7&nbsp;million in income, which is attributable to the amortization of certain components of net periodic benefit costs or gains related to the Company's pension and post-retirement plans.
Income Taxes:&nbsp; In the first quarter 2024, the Company's effective tax rate was 20.3&nbsp;percent.&nbsp; For the full year 2024, the Company expects its effective tax rate to be approximately 22.0 percent.
Capital and Vessel Dry-docking Expenditures:&nbsp; For the first quarter 2024, the Company made capital expenditure payments excluding vessel construction expenditures of $54.2&nbsp;million, capitalized vessel construction expenditures of $1.1&nbsp;million, and dry-docking payments of $5.2&nbsp;million.&nbsp; For the full year 2024, the Company expects to make other capital expenditure payments, including maintenance capital expenditures, of approximately $110 to $120&nbsp;million, new vessel construction expenditures (including capitalized interest and owner's items) of approximately $75&nbsp;million, LNG installations and reengining on existing vessels of approximately $70 to $80 million, and dry-docking payments of approximately $35 million.

Matson Sees FY24 Ocean Transportation Operating Income To Be Higher Than $294.8M Achieved In 2023 And Higher Then Previous Outlook

Matson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>) reported quarterly earnings of $1.04 per share which met the analyst consensus estimate. This is a 10.64 percent increase over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $722.10 million which missed the analyst consensus estimate of $730.44 million by 1.14 percent. This is a 2.45 percent increase over sales of $704.80 million the same period last year.

Matson Q1 EPS $1.04, Inline, Sales $722.10M Miss $730.44M Estimate

Matson Expects Volume In 2024 To Be Comparable To Level In 2023, Reflecting Modest Economic Growth In Hawaii And Stable Market Share

The shipping industry is expected to grow, driven by rising global trade and increasing adoption of advanced logistics technologies. Therefore, it could be wise to buy top-rated shipping stocks, such as ZIM Integrated Shipping Services (ZIM), Matson (MATX), and Hafnia (HAFN). Keep reading… The shipping industry is expected to grow due to strong demand from e-commerce growth, increasing global trade, and advancements in supply chain technology. Given the industry's tailwinds, investors could consider buying fundamentally sound shipping stocks, ZIM Integrated Shipping Services Ltd. (<a href="https://stocknews.com/stock/ZIM/">ZIM</a>), Matson, Inc. (<a href="https://stocknews.com/stock/MATX/">MATX</a>), and Hafnia Limited (<a href="https://stocknews.com/stock/HAFN/">HAFN</a>).
Increasing global trade volume is notably driving market growth, with the advantages of cargo shipping being pivotal in facilitating economic exchanges across borders. Economic growth and international trade agreements positively influence the volume of goods transported via cargo shipping. The cargo shipping market is forecast to grow at a <a href="https://www.technavio.com/report/cargo-shipping-market-industry-analysis">CAGR of 5.1% between 2023 and 2028</a>.
Additionally, Artificial Intelligence (AI) is also playing a transformative role in the shipping and logistics market, which is expected to reach <a href="https://www.weforum.org/agenda/2024/05/logistics-growth-trends/">$12.87 billion by 2026</a>, according to the Gitnux Market Data Report 2024. The rise in AI adoption highlights the industry's drive toward more innovative and efficient ways of operating.
Considering these favorable trends, let's take a closer look at the fundamentals of the three <a href="https://stocknews.com/category/shipping/">Shipping</a> picks, starting with number #3.
Stock #3:  ZIM Integrated Shipping Services Ltd. (<a href="https://stocknews.com/stock/ZIM/">ZIM</a>)
Based in Haifa, Israel, ZIM operates a global fleet and network of shipping lines, providing comprehensive cargo transportation services across major trade routes. Its services include multi-modal solutions, cargo handling, tariff management, and schedule information.
On September 9, 2024, ZIM announced a new long-term operational cooperation with Mediterranean Shipping Company (MSC) for transpacific trade, set to launch six services from Asia to the U.S. East Coast and Gulf starting February 2025.
This partnership aims to enhance service quality and operational efficiency, utilizing larger, eco-friendly vessels as part of ZIM's fleet renewal program.
ZIM's trailing-12-month levered FCF margin and cash per share of 17.48% and $7.39 are 168.5% and 256.5% higher than the industry averages of 7.19% and $2.07, respectively.
For the fiscal 2024 second quarter that ended June 30, 2024, ZIM's total revenues increased 47.6% year-over-year to $1.93 billion. Its operating income stood at $468 million, compared to a loss of $168 million in the previous year's quarter. Also, the company's <a href="https://www.investopedia.com/terms/a/adjusted-ebitda.asp">adjusted EBITDA</a> rose 187.5% from the year-ago value to $766 million.
Moreover, ZIM's net income and EPS came in at $373 million and $3.08, compared to a net loss and loss per share of $213 million and $1.79 in the previous year's quarter.
Analysts expect ZIM's revenue for the fiscal third quarter ended September 2024 to increase 89.3% year-over-year to $2.41 billion. In addition, the company's EPS for the same quarter is expected to come in at $6.54.
Shares of ZIM have surged 77.4% over the past six months and 97% year-to-date to close the last trading session at $19.44.
ZIM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
ZIM has a B grade for Growth, Value, and Quality. The stock is ranked #14 out of 37 stocks in the A-rated <a href="https://stocknews.com/category/shipping/">Shipping</a> industry.
To see the other ratings of ZIM for Sentiment, Momentum, and Stability, <a href="https://stocknews.com/stock/ZIM/">click here</a>.
Stock #2: Matson, Inc. (<a href="https://stocknews.com/stock/MATX/">MATX</a>)
Headquartered in Honolulu, Hawaii, MATX and its subsidiaries engage in providing ocean transportation and logistics services. It operates through two segments: Ocean Transportation and Logistics.
In terms of the trailing-12-month net income margin, MATX's 10.41% is 68.6% higher than the 6.17% industry average. Its 7.76% trailing-12-month Capex / Sales is 167.6% higher than the 2.90% industry average. Also, its 12.78% trailing-12-month levered FCF margin is 96.2% higher than the 6.51% industry average.
MATX's total operating revenues for the second quarter ended June 30, 2024, increased 10.1% year-over-year to $847.40 million. The company's operating income rose 28.9% over the prior-year quarter to $124.60 million. In addition, its net income and EPS rose 40.1% and 46.5% from the year-ago values to $113.20 million and $3.31, respectively.
For the quarter ended September 30, 2024, MATX's EPS and revenue are expected to increase 37.2% and 16.9% year-over-year to $4.66 and 967.68 million, respectively. It surpassed Street EPS estimates in each of the trailing four quarters. MATX's stock has gained 52.7% over the past year to close the trading session at $136.29.
MATX's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, translating to a Buy in our proprietary rating system.
It has a B grade for Quality. It is ranked #8 in the same industry. To access additional grades of MATX for Growth, Stability, Momentum, Value, and Sentiment ratings, <a href="https://stocknews.com/stock/MATX/">click here</a>.
Stock #1: Hafnia Limited (<a href="https://stocknews.com/stock/HAFN/">HAFN</a>)
HAFN owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. 
HAFN's trailing-12-month EBIT margin and net income margin of 28.39% and 27.01% are 38.3% and 123.5% higher than the industry averages of 20.53% and 12.08%, respectively.
HAFN's total revenue for the fiscal second quarter that ended June 30, 2024, increased 19.5% year-over-year to $417.36 million. The company's profit for the financial period increased 21.5% year-over-year to $259.20 million. Also, its earnings per share attributable to the equity holders of the company grew 21.4% year-over-year to $0.51.
The consensus revenue of $377.93 million for the third quarter ended September 2024 represents a 16.2% increase year-over-year. Its EPS is expected to be $0.35 for the same quarter. 
Over the past month, HAFN's stock has gained 5.6% to close the last trading session at $7.38.
HAFN's POWR Ratings reflect its solid prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. 
HAFN has a B grade for Quality. Within the same industry, it is ranked #7.
To see HAFN's additional ratings for Stability, Growth, Momentum, Value, and Sentiment, <a href="https://stocknews.com/stock/HAFN/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
MATX shares were trading at $135.45 per share on Wednesday afternoon, down $0.84 (-0.62%). Year-to-date, MATX has gained 24.61%, versus a 22.42% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/matx-hafn-zim-3-shipping-stocks-sailing-toward-strong-returns/>3 Shipping Stocks Sailing Toward Strong Returns</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Shipping Stocks Sailing Toward Strong Returns

Matson declares $0.34 dividend

Here are the major earnings after the close today

Matson GAAP EPS of $5.89 beats by $1.14, revenue of $962M misses by $3.73M

Matson, Inc. 2024 Q3 - Results - Earnings Call Presentation

Matson, Inc. (MATX) Q3 2024 Earnings Call Transcript

Matson Inc ( ($MATX) ) has realeased its Q3 earnings. Here is a breakdown of the information Matson Inc presented to its investors. Matson, Inc., a...

Matson Inc Reports Strong Q3 2024 Results

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on FTAI Aviation (FTAI – Research Report), Mats...

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: FTAI Aviation (FTAI), Matson (MATX) and XPO (XPO)

Dividend Champion, Contender, And Challenger Highlights: Week Of November 3

ABBV

ACGL

ACHC

AEIS

ALGT

ALTR

AMCR

AMRN

AMSC

AMWL

APOG

ATEC

AXAHY

BECN

BKNG

CBAN

CGNX

CHCT

CIVB

CRAI

CSWI

CWEN

EBTC

EFSI

FBIZ

FBMS

FCBC

FELE

FSBW

FTAI

GABC

HAFN

HBCP

HESM

HFWA

HOOD

HTGC

HUBG

IBCP

IMAX

INVH

IRTC

JAKK

JBHT

KLAC

LKFN

LMND

LPLA

MAIN

MPLX

MSFT

NIDB

NXRT

ORRF

PAYX

PPSI

RIOT

ROOT

SBFG

SBUX

SIMO

SIRI

SNBR

SPOK

SPXC

SRCE

SSNLF

STAA

STBA

STEM

TDOC

TENB

TXNM

UMBF

WDFN

WTFC

ZION

Untitled design - 2024-04-08T222201.397

SHIP

USEA

Seanergy Maritime (NASDAQ: SHIP) And United Maritime (NASDAQ: USEA) Provide Financial Update To Shareholders

Press Releases

MATSON, INC. ANNOUNCES FIRST QUARTER 2024 RESULTS

MATSON TO PARTICIPATE AT WOLFE GLOBAL TRANSPORTATION & INDUSTRIALS CONFERENCE

MATSON INCREASES QUARTERLY DIVIDEND TO $0.34 PER SHARE

MATSON PUBLISHES 2023 SUSTAINABILITY REPORT

MATSON TO ANNOUNCE SECOND QUARTER 2024 RESULTS ON AUGUST 1, 2024

MATSON, INC. ANNOUNCES SECOND QUARTER 2024 RESULTS

MATSON BEGINS CONSTRUCTION ON FIRST OF THREE NEW LNG-POWERED ALOHA CLASS CONTAINERSHIPS

MATSON TO ANNOUNCE THIRD QUARTER 2024 RESULTS ON OCTOBER 30, 2024

MATSON ANNOUNCES QUARTERLY DIVIDEND OF $0.34 PER SHARE

MATSON, INC. ANNOUNCES THIRD QUARTER 2024 RESULTS

Capital Clean Energy Carriers Corp. - Common Share

Capital Clean Energy

Costamare Inc. Common Stock $0.0001 par value

Costamare

Castor Maritime

Danaos

Diana Shipping

EuroDry

Euroseas

Globus Maritime

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands)

Genco Shipping & Trading

Golden Ocean Group Limited - Common Stock

Golden Ocean Group

Global Ship Lease Inc New Class A Common Shares

Global Ship Lease

Himalaya Shipping

Caravelle International Group - Ordinary Shares

Caravelle Intl Gr

Kirby

Lakeside Holding

Navios Maritime Partners LP Common Units Representing Limited Partner Interests

Navios Maritime Partners

Pangaea Logistics Solutions Ltd. - Common Stock

Pangaea Logistics Solns

Performance Shipping Inc. - Common Shares

Performance Shipping

Pyxis Tankers

Safe Bulkers, Inc Common Stock ($0.001 par value)

Safe Bulkers

Star Bulk Carriers

Seanergy Maritime Holdings Corp. - Common Stock

Seanergy Maritime Hldgs

Toro

United Maritime Corporation - Common Stock

United Maritime

ZIM Integrated Shipping Services Ltd. Ordinary Shares

ZIM Integrated Shipping

Stephens & Co.

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