MATX

Matson, Inc.

$231.78

-1.37% 2026-10-19

IndustrialsS&P 600

1M 3M 6M 1Y 2Y

MATXSPY

+1.8%

-0.5%

+6.3%

+31.4%

YTD

+88.7%

+147.6%

Grades vs sector

Momentum

99th pct in sector

A+

12-1 return: +119.6%
Percentile within its GICS sector across the S&P 1500.

Growth

75th pct in sector

B+

Revenue growth (YoY): +16.7%
Percentile within its GICS sector across the S&P 1500.

Value

70th pct in sector

Forward E/P: 7.2% · EBITDA/EV: 8.8%
Percentile within its GICS sector across the S&P 1500.

Profitability

66th pct in sector

Profit margin: +13.4% · Return on equity: +17.2%
Percentile within its GICS sector across the S&P 1500.

Revisions

no data

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Held by 1 of 3 live models: Momentum Blend.

Momentum Blend

3.9% of the book · Core sleeve

Held Momentum Top 15

not ranked (outside this model's universe or screens)

Quality Growth

not ranked (outside this model's universe or screens)

Why it's in Momentum Blend

In the Core sleeve: one of the steadiest 12-month uptrends in its universe (the model's smooth-trend momentum score).

What would knock it out: Re-checked at each monthly rebalance (next Oct 30); leaves if it no longer makes the Core selection. The latest preview keeps it.

Key stats

Market cap$6.9B

P/E (trailing)15.6

P/E (forward)13.8

52-week range92.64 – 240.87

Revenue growth (YoY, latest qtr)+16.7%

Dividend yield0.65%

Analyst consensusStrong Buy (4)

Mean price target$276.75 (+19%)

Valuation & fundamentals

Bottom line

Leans undervalued

Model read-out from the numbers below, not advice. Score +2 (DCF counts double).

•DCF (base case)above the price by 13%

▲Forward P/E vs sector13.8x vs median 17.1x

•Piotroski F-score5/9

▲Net debt / EBITDA0.4x

▲Analyst target+19% (4 analysts)

Discounted cash flow

CyclicalValued on average-cycle margins

Bear

$171

-26%

growth -1% · disc. 11.8% · term. 2.0%

Base

$262

+13%

growth 4% · disc. 10.8% · term. 2.5%

Bull

$374

+62%

growth 7% · disc. 9.8% · term. 3.0%

Starting cash flow is mid-cycle: 17.2% average margin × current revenue = 0.6B (last 12 months: 0.6B at a 17% margin). On trailing cash flow the base case would be $257.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 2% a year for 10 years.

Implied

+2%/yr

FCF, last 3 yrs

-25%/yr

FCF, last 5 yrs

+5%/yr

Revenue, last 3 yrs

-8%/yr

Revenue, last 5 yrs

+7%/yr

Same inputs as the DCF above: mid-cycle free cash flow 0.6B, 10.8% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.30 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)

sector median 26.4× · 14th pct

15.6×
cheaper

Forward P/E

sector median 17.1× · 29th pct

13.8×
cheaper

EV / EBITDA

sector median 14.8× · 27th pct

10.9×
cheaper

Price / sales

sector median 2.1× · 47th pct

2.0×
cheaper

Price / book

sector median 3.5× · 33rd pct

2.5×
cheaper

FCF yield

sector median 4.5% · 79th pct

8.4%
cheaper

Forward EPS $16.81 vs trailing $14.87 (+13% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

–

Operating margin

15.2%

FCF margin

16.9%

Net margin

13.4%

Return on equity

16.7%

Return on invested capital

14.6%

Net debt / EBITDA

0.4×

Current ratio

0.9×

Interest cover

79.5×

Cash conversion (OCF/NI)

1.3×

Piotroski F-score 5/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Analysts

Mean target

$277

+19%

Analysts

Strong Buy

Range

$260–$310

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$3.3B	$444.8M	$547.1M
2024	$3.4B	$476.4M	$767.8M
2023	$3.1B	$297.1M	$510.5M
2022	$4.3B	$1.1B	$1.3B
2021	$3.9B	$927.4M	$984.1M
2020	$2.4B	$193.1M	$429.8M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -8.3%.

Earnings

Next report: 2026-11-04 · during market · EPS est 6.27

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-08-03	3.82	4.27	+11.8%
2026-05-04	1.61	1.85	+15.1%
2026-02-24	3.69	4.60	+24.8%
2025-11-04	3.25	4.24	+30.3%
2025-07-31	2.28	2.92	+28.1%
2025-05-05	2.27	2.18	-3.8%
2025-02-24	3.20	3.80	+18.8%
2024-10-30	4.75	5.89	+24.1%

Quarterly revenue

Quarter	Revenue	YoY
2026-03-31	$757.8M	-3.1%
2025-12-31	$851.9M	–
2025-09-30	$880.1M	–
2025-06-30	$830.5M	–
2025-03-31	$782.0M	–

Analyst actions

JP Morgan

2026-10-13 · main

Overweight → Overweight
PT $310

Freedom Broker

2026-09-30 · init

→ Buy
PT $260

JP Morgan

2026-08-04 · main

Overweight → Overweight
PT $270

Stephens & Co.

2026-08-04 · main

Overweight → Overweight
PT $260

JP Morgan

2026-04-27 · init

→ Overweight
PT $230

Stephens & Co.

2026-01-21 · main

Overweight → Overweight
PT $213

Recent dividends

2026-08-06: $0.380 · 2026-05-07: $0.360 · 2026-02-05: $0.360 · 2025-11-06: $0.360 · 2025-08-07: $0.360 · 2025-05-08: $0.340 · 2025-02-06: $0.340 · 2024-11-07: $0.340

Insider trades

Cox Matthew J

Director, Chairman & CEO · 2026-09-29

SELL
$155.3K

Cox Matthew J

Director, Chairman & CEO · 2026-09-29

SELL
$168.2K

Cox Matthew J

Director, Chairman & CEO · 2026-09-29

SELL
$552.7K

Cox Matthew J

Director, Chairman & CEO · 2026-09-29

SELL
$1.3M

Cox Matthew J

Director, Chairman & CEO · 2026-08-28

SELL
$99.5K

Cox Matthew J

Director, Chairman & CEO · 2026-08-28

SELL
$770.9K

Cox Matthew J

Director, Chairman & CEO · 2026-08-28

SELL
$1.4M

Angoco Vic S Jr

Executive Vice President · 2026-08-24

SELL
$130.4K

Angoco Vic S Jr

Executive Vice President · 2026-08-24

SELL
$149.3K

Angoco Vic S Jr

Executive Vice President · 2026-08-24

SELL
$231.1K

Heilmann Peter T

EVP, Chief Admin. Officer & GC · 2026-08-19

SELL
$1.1M

Scott Christopher A

EVP & Chief Commercial Officer · 2026-08-19

SELL
$131.9K

News

Matson Stock Rides Uptrend Into A Buy Zone, With An Earnings Pop In Sight

Investor's Business Daily · 11h ago

Matson christens 1st new vessel of $1B US shipyard order

FreightWaves · 12h ago

/C O R R E C T I O N - Matson, Inc./

PR Newswire · Oct 12

Marine Transportation Stocks Q2 Earnings: Matson (NYSE:MATX) Best of the Bunch

StockStory · Oct 12

Matson Christens First Ship in $1 Billion Fleet Expansion

MT Newswires · Oct 12

MATSON CHRISTENS NEXT ALOHA CLASS VESSEL 'MAKUA'

PR Newswire · Oct 12

1 Profitable Stock with Exciting Potential and 2 We Turn Down

StockStory · Oct 01

Here's Why Investors Should Bet on Matson Stock for Now

Zacks · Sep 30

Stats refreshed 2026-10-19 17:47:08 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Coteau Systematic StrategiesSystematic equity research and model portfolios.
Coteau Systematic Strategies publishes research, model portfolios and tools. It does not manage money or offer investment advice. Model results are hypothetical. Data: Yahoo Finance (delayed), SEC EDGAR.

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