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Matson inc   (MATX)
Other Ticker:  
 
    Sector  Services    Industry Cruise and Shipping
   Industry Cruise and Shipping
   Sector  Services
 
Price: $132.6300 $3.41 2.639%
Day's High: $132.86 Week Perf: 5.69 %
Day's Low: $ 129.71 30 Day Perf: 2.04 %
Volume (M): 286 52 Wk High: $ 138.84
Volume (M$): $ 37,985 52 Wk Avg: $111.84
Open: $130.67 52 Wk Low: $82.68



 Market Capitalization (Millions $) 4,536
 Shares Outstanding (Millions) 34
 Employees 1,056
 Revenues (TTM) (Millions $) 3,186
 Net Income (TTM) (Millions $) 332
 Cash Flow (TTM) (Millions $) 45
 Capital Exp. (TTM) (Millions $) 247

Matson Inc
Matson, Inc., a holding company incorporated in January 2012, in the State of Hawaii, and its subsidiaries, is a leading provider of ocean transportation and logistics services. The Company consists of two segments, Ocean Transportation and Logistics.


   Company Address: 1411 Sand Island Parkway Honolulu 96819 HI
   Company Phone Number: 848-1211   Stock Exchange / Ticker: NYSE MATX


Customers Net Income grew by MATX's Customers Net Profit Margin fell to

5.9 %

12.76 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BKR   -0.86%    
DOV        3.45% 
HAL   -2.82%    
L   -2.66%    
LINE        0.53% 
NBR   -7.78%    
• View Complete Report
   



Matson Inc

Matson Inc Reports Revenue and Profit Growth in First Quarter of 2024, But Lags Behind Industry Competitors

Matson Inc, a leading provider of ocean transportation and logistics services, recently reported its first quarter financial results for 2024. The company saw a moderate revenue advance of 2.455% to $722.10 million compared to the previous year, while earnings per share grew by 10.64% to $1.04. Despite these positive figures, investors should take note of the company's performance relative to its competitors in the Cruise and Shipping industries.
In comparison to its contemporaries, Matson Inc underperformed as the industry as a whole reported a top-line advance of 24.83% during the same period. Revenue for the company deteriorated by -8.467% from the previous quarter, while income profit plummeted by -42.5% from $1.81 per share. However, net profits did see a slight increase of 6.18% to $36.10 million compared to the previous year.

Matson Inc

Matson Inc. Reports Weaker Financial Performance in Fourth Quarter of 20232.



Matson Inc (MATX) recently announced its financial results for the fourth quarter of 2023, painting a less favorable picture compared to the previous year. The company reported declining earnings per share (EPS) and a decrease in revenue. Let's delve into the details to understand the factors contributing to these disappointing numbers.
Earnings and Revenue Deterioration:
MATX experienced an EPS decline of -14.43%, with earnings falling from $2.11 to $1.81 per share in the fourth quarter of 2023 compared to the same period the previous year. Additionally, revenue decreased by -1.584% to $788.90 million year on year. These numbers indicate the challenging operating environment that Matson Inc faced during the period.

Matson Inc

Matson Inc Unwavering Amid Difficult Q3: A Resilient Journey



Matson Inc, a prominent transportation company, has experienced a decline in its share value over the past 30 days and a significant increase over the past 12 months. Additionally, the company witnessed a negative growth trend in its income per share and a decrease in revenue. This article aims to analyze the implications of these financial results and speculate on how they might impact Matson Inc's future.
1. Share Performance:
Matson Inc's shares declined by -1.41% over the past 30 days. However, they experienced an impressive surge of 72.64% over the past 12 months. Additionally, the shares are currently trading at 8.6% below the 52-week high. While the recent short-term drop could raise concerns, the long-term positive trend may reflect the company's overall strength.

Matson Inc

Matson Inc Faces Sharp Revenue Dip in Q2 2023 Despite Industry Growth



Matson Inc, a leading Cruise and Shipping company, has experienced remarkable stock growth in recent months, with a 21.27% increase over the past 30 days and a staggering 91.67% growth over the past year. Furthermore, the company's stock has reached its 52-week high. However, a closer examination of Matson Inc's financial results for the second quarter of 2023 raises concerns about its long-term growth prospects.
Declining Profitability:
During the second quarter of 2023, Matson Inc's net profit per share took a significant hit, declining by 76.19% to $2.26 per share compared to $9.49 per share a year prior. This decline in profitability raises questions about the company's ability to maintain its stock growth momentum in the future.

Matson Inc

Matson Inc's Profits Plunge by a Shattering 88.58% in the First Quarter of 2023

Matson Inc, a major transportation company, has released its financial results for the first quarter of 2023. The company achieved a return on average invested assets (ROI) of 27.71%, which is higher than its average ROI of 17.94%. However, the ROI decreased in comparison to the previous period due to reduced net income.
While Matson's ROI falls slightly below that of three other transportation companies, its current ranking has deteriorated from 93 to 104 when compared to the fourth quarter of 2022. In the first quarter of 2023, Matson's revenue declined by 39.528% to $704.80 million, compared to $1.17 billion in the same period the previous year. Sequentially, revenue deteriorated by 12.076% from $801.60 million.







Matson Inc's Segments
InterEliminations    7.29 % of total Revenue
Ocean Transportation segments    81.41 % of total Revenue
Ocean Transportation InterEliminations    2.69 % of total Revenue
Logistics segments    18.59 % of total Revenue
Logistics InterEliminations    4.6 % of total Revenue





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