Canada markets closed

Matson, Inc. (MATX)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
67.12+1.52 (+2.32%)
At close: 4:00PM EDT
Sign in to post a message.
  • B
    Bruce
    Shipping rates are the highest in 30 years with them going up 10% last week and 10% the week before and 7% the week before that. So I think I may hold MATX through the turbulence of July and August. We will see.
  • m
    mammana
    If you’re a day trader, you should definitely check out (http://Fairstox.com). They send a watchlist covering the top pre-market movers every day before the open. It’s a great way to pick out potential trades for the day.
  • G
    Gan
    What happened?!
  • k
    kactus jack
    Need 74 plus to break even any chance?
  • C
    Chris O
    Record earnings. Great forecast. Perfect set up for the next 6 months to a year. And it sells off. Makes total sense (/S)
  • G
    GM
    FW article on outlook for the container liner companies, which is highly relevant to chartering/re-chartering decisions with ship lessors. $GSL $SSW $ESEA $CMRE $DAC $MATX $NMM https://www.freightwaves.com/news/second-half-container-relief-after-second-quarter-disaster
    Liners could scrape bottom over next two months, then recover.
    Liners could scrape bottom over next two months, then recover.
    www.freightwaves.com
  • H
    Hisea Capital
    Following on Matson

    Forecast over Full 2020 of Matson performance , in million.
    2020 2019
    EBITDA 315 264
    NI 154 82.7
    EPS 3.56 1.92
    Forward PE 17-18x
    Target price $60.5 - $ 64

    2020.10.30 - HiSea Capital
  • M
    Majorbull
    MATX is the life line to Hawaii.
  • H
    Hisea Capital
    Amendments on Revenue 703m, due to typo
    ================================
    Following on Matson from HIsea Capital.

    Update on 2021Q1 forecast as follows,

    2021Q1 2020Q1 Delta%
    Revenue 703m 400.9m
    NI 76m 3.8m 19X
    EPS 1.75/share 0.09/share
    Target price $90- $ 96

    2021.03.17 - by HiSea Capital

    Remark :
    1. Above forecast based on adequate and reasonable assumption on rate level /volume and market condition/trend.
    2. Main revenue driven by China service CLX(enlarged capacity ) and CLX+ for Q1 .
  • A
    Anthony
    Keep it going! Let’s get to new all-time-highs!
  • H
    Hisea Capital
    Following on Matson from HIsea Capital.

    Update on 2021Q1 forecast as follows,


    2021Q1 2020Q1 Delta%
    Revenue 548m 400.9m 36.7%
    NI 76m 3.8m 19X
    EPS 1.75/share 0.09/share
    Target price $90- $ 96

    2021.03.17 - by HiSea Capital

    Remark :
    1. Above forecast based on adequate and reasonable assumption on rate level /volume and market condition/trend.
    2. Main revenue driven by China service CLX(enlarged capacity ) and CLX+ for Q1 .
  • M
    Majorbull
    I went on a cruise to Alaska a month ago on Holland America for 21 days. I saw MATX containers everywhere and we made alot of stops. I spoke with a ship pilot and he said that MATX is now the biggest player in Alaska.
  • N
    N.E. Money Man
    Lots of chatter about the business they do to Hawaii and Alaska, but the big differentiator right now is their fast ships to China. That's where the incremental $$$ is being made.
  • M
    Matthew
    I live on the left coast of Commiefornia, so Matson is on my mind as i see their ships go under the golden gate bridge.
    I can only think that most everywhere else in the US besides the left coast is unaware of west coast shipping.
    Matson is a core position in my 33 stock port because it's a needed asset( for Hawaii)....with a high barrier to entry in the markets they serve. In that sense it is very much akin to a utility stock.
  • M
    Majorbull
    Ghttps://www.fool.com/investing/2020/07/10/why-matson-inc-stock-rocketed-40-on-july-10.aspxreat news
    The transportation provider gave an update that got investors excited about the future.
    The transportation provider gave an update that got investors excited about the future.
    www.fool.com
  • M
    Majorbull
    I have been busy so I have my best friend going soon. My daughter and Husband and 2 kids go July 3rd. They loved their vacation.
  • M
    Matthew
    Matson is the type of stock you buy and then forget about it. 40 years from now they will still be shipping goods to and from Hawaii and beyond. Even if they happen to not grow very fast...they've always paid a nice div. Not ever selling this one.
  • H
    Hisea Capital
    2020Q3 2019Q3 Delta
    Ocean 453.46 437.20 3.72%
    Revenue 566.46 572.10 -0.99%

    TTL Cost and Expense (492.60) (516.90) -4.70%

    TTL Operating income 73.86 55.20 33.80%

    NI 49.04 36.20 35.47%
    GAAP EPS 1.14 0.84 35.28%

    Remark :
    1. The forecast is with modest threshold on key parameters .
    2. Holding assumption that Hawaii volume is still under severe impact of Cov 19 and Alaska/Guam volume keeping the momentum .

    My forecast on earning of Q3 is much higher than other analyses , but we will see the result in early Nov.. if Matson's performance rebound in Hawaii trade , for which i give very low weight on volume and revenue, the result will come even better .
    Will release contact window of Hisea Capital after Q3 Report release for further communication.

    2020/09/21
  • r
    reef
    Matson Navigation Co. Inc., Oakland, California, has been awarded a contract modification on contract HTC711-19-D-W027 in the amount of $72,447,073.  This modification provides continued international ocean and intermodal distribution services.  Work will be performed worldwide as specified on each individual order.  The option period of performance is from Dec. 1, 2020, to Aug. 31, 2021. Fiscal 2021 transportation working capital funds to be obligated on individual task orders.  This modification increases the total cumulative face value of the contract from $71,217,825, to $143,664,898.  The U.S. Transportation Command, Directorate of Acquisition, Scott Air Force Base, Illinois, is the contracting activity.
  • Y
    Yahoo Finance Insights
    MATX is up 10.90% to 34.60