The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuati ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tr ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Core Viewpoint - Matson (MATX) has shown strong stock performance, with a 30.1% increase year-to-date, significantly outperforming the Zacks Transportation sector and the Zacks Transportation - Services industry [1][2]. Financial Performance - Matson has consistently exceeded earnings expectations, reporting an EPS of $3.31 against a consensus estimate of $3.05 in its latest earnings report [2]. - For the current fiscal year, Matson is projected to achieve earnings of $11.45 per share on revenues of $3.41 billion, reflecting a 37.74% increase in EPS and a 10.12% increase in revenues [3]. - The next fiscal year forecasts earnings of $9.10 per share on $3.27 billion in revenues, indicating a year-over-year decline of 20.51% in EPS and 4.07% in revenues [3]. Valuation Metrics - Matson's current valuation metrics show a Value Score of A, with Growth and Momentum Scores of B, resulting in a combined VGM Score of A [6]. - The stock trades at 12.5 times the current fiscal year EPS estimates, below the peer industry average of 17.6 times [6]. - On a trailing cash flow basis, Matson trades at 8.6 times compared to the peer group's average of 9.1 times [6]. Zacks Rank - Matson holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, making it a suitable choice for investors looking for stocks with strong potential [7].

Matson, Inc. (NYSE: MATX ) serves a vital link to the remote and geographically 'cut-off' economies of Hawaii, Alaska, Okinawa, Guam, and other island economies of Micronesia. Through its marine transportation business, the company is one of the few players built up to I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close wa ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Zacks has developed the inn ...

Matson (MATX) came out with quarterly earnings of $3.31 per share, beating the Zacks Consensus Estimate of $3.05 per share. This compares to earnings of $2.26 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.52%. A quarter ago, it was expected that this ocean transportation and logistics services company would post earnings of $0.99 per share when it actually produced earnings of $1.04, delivering a surprise of 5.05%. Over th ...

Participants may register for the conference call at: SOURCE Matson, Inc. A conference call is scheduled for 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's second quarter results. Registered participants will receive the conference call dial-in number and a unique PIN code to access the live event. While not required, it is recommended you join 10 minutes prior to the event starting time. A replay o ...

Core Insights - Matson, Inc. has released its 2023 Sustainability Report, highlighting progress towards its environmental, social, and governance (ESG) goals [1] - The report emphasizes the company's commitment to ethical standards, reducing environmental impact, and supporting employee and community wellbeing [1] Company Overview - Matson, founded in 1882, is a prominent provider of ocean transportation and logistics services, primarily serving Hawaii, Alaska, Guam, and other Micronesian islands [2] - The company operates a diverse fleet, including containerships and custom-designed barges, and offers logistics services that extend throughout North America and Asia [2] - Matson Logistics, established in 1987, provides integrated logistics services such as rail intermodal, highway brokerage, and supply chain management [2]

The upped dividend highlights this transportation company's commitment to creating value for its shareholders. MATX's dividend yield based on the new payout and Jun 27's closing price is 1.06%. The current increase marks the seventh dividend hike by the company in the last five years. You can see the complete list of today's Zacks #1 Rank stocks here. Matson (MATX) 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 th ...