With 0.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.54 million shares. The 52-week range on MATX shows that it touched its highest point at $169.12 and its lowest point at $91.75 during that stretch. It currently has a 1-year price target of $142.50. With its current market cap of 3.86 billion, MATX has annualized dividend of $1.36 while the current yield stands at 1.15%. Beta for the stock currently stands at 1.32.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MATX was up-trending over the past week, with a rise of 3.75%, but this was up by 20.23% over a month. Three-month performance dropped to -20.70% while six-month performance fell -29.37%. The stock gained 2.86% in the past year, while it has lost -12.33% so far this year. A look at the trailing 12-month EPS for MATX yields 15.18 with Next year EPS estimates of 10.18. For the next quarter, that number is 1.91. This implies an EPS growth rate of -27.73% for this year and 1.16% for next year. EPS is expected to decline by -4.74% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 48.79%.
Float and Shares Shorts:
At present, 32.64 million MATX shares are outstanding with a float of 31.86 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MATX since 13 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $13.58179 being high and $13.2281 being low. For MATX, this leads to a yearly average estimate of $13.41.
