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Last $41.36 USD
Change Today +0.61 / 1.50%
Volume 107.8K
MATX On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

matson inc (MATX) Snapshot

Open
$40.82
Previous Close
$40.75
Day High
$41.55
Day Low
$40.53
52 Week High
05/8/15 - $43.84
52 Week Low
06/4/14 - $23.72
Market Cap
1.8B
Average Volume 10 Days
145.6K
EPS TTM
$2.12
Shares Outstanding
43.5M
EX-Date
05/5/15
P/E TM
19.5x
Dividend
$0.68
Dividend Yield
1.64%
Current Stock Chart for MATSON INC (MATX)

matson inc (MATX) Details

Matson, Inc., together with its subsidiaries, operates as an ocean freight carrier in the Pacific. It operates in two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean transportation services to the island economies of Hawaii, Guam, and Micronesia, as well as operates an expedited service from China to Long Beach, California; and provides ocean services to various islands in the South Pacific, including New Zealand, Fiji, Samoa, American Samoa, Tonga, the Cook Islands, Australia, the Solomon Islands, and Nauru. It operates a fleet of 18 owned and 3 chartered vessels, including 11 containerships, 3 combination container/roll-on/roll-off ships, 1 roll-on/roll-off barge, and 3 container barges equipped with cranes. This segment also offers container stevedoring, container equipment maintenance, and other terminal services on the islands of Oahu, Hawaii, Maui, and Kauai. The Logistics segment provides multimodal transportation services, including domestic and international rail intermodal service; long-haul and regional highway brokerage, specialized hauling, flat-bed and project work, less-than-truckload, and expedited freight; and warehousing and distribution services. This segment also offers freight forwarding, consolidation, customs brokerage, purchase order management, and non-vessel operating common carrier services. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

1,056 Employees
Last Reported Date: 02/27/15
Founded in 1882

matson inc (MATX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $633.8K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $454.9K
Senior Vice President of Operations
Total Annual Compensation: $318.0K
Senior Vice President of Pacific
Total Annual Compensation: $298.0K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $297.6K
Compensation as of Fiscal Year 2014.

matson inc (MATX) Key Developments

Matson, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Full Year of 2015

Matson, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total operating revenue of $398.2 million compared to $392.5 million a year ago. Operating income was $44.9 million compared to $9.9 million a year ago. Income before income taxes was $40.6 million compared to $5.8 million a year ago. Net income was $25.0 million compared to $3.4 million a year ago. Diluted earnings per share were $0.57 compared to $0.08 a year ago. EBITDA was $61.5 million compared to $27.3 million a year ago. Net Debt as of March 31, 2015 was $17.9 million. Maintenance capital expenditures for the first quarter 2015 totaled $3.3 million compared with $4.9 million in the first quarter 2014. The company provided earnings guidance for the full year of 2015. For the period, the company expects its 2015 effective tax rate to be approximately 38.5%. Maintenance capital expenditures for 2015 expected to be approximately $40.0 million. The company expects its interest expense in 2015 to decrease slightly from the 2014 amount of $17.3 million. The company expects full year 2015 operating income to exceed the 2014 level of $8.9 million, driven by volume growth, expense control and improvements in warehouse operations.

Matson Announces Quarterly Dividend, Payable on June 4, 2015

The Board of Directors of Matson, Inc. declared a second quarter dividend of $0.17 per common share. The dividend will be paid on June 4, 2015 to all shareholders of record as of the close of business on May 7, 2015.

Matson, Inc., Q1 2015 Earnings Call, May 04, 2015

Matson, Inc., Q1 2015 Earnings Call, May 04, 2015

 

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Industry Analysis

MATX

Industry Average

Valuation MATX Industry Range
Price/Earnings 19.2x
Price/Sales 1.0x
Price/Book 4.6x
Price/Cash Flow 19.2x
TEV/Sales 0.6x
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