Market experts has given a mean price target of $48.00 to Matson, Inc. (NYSE:MATX) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.54 for the near-term quarter and $2.03 for this year.
The technical assessment of Matson, Inc. Common Stock pinpoints that the 50-day moving average of Matson, Inc. (NYSE:MATX) stock is $37.63, and is trading $1.47 points away or +3.92% from 50-day moving average of $37.63. It is trading $3.08 or +8.55% off 200-day MA of $36.02.
The 52-week high of Matson, Inc. (NYSE:MATX) was $53.18 while $30.54 is the low point in the same period. Matson, Inc. Common Stock share price has to rise more than $-14.08 to register a high for 52-weeks or drop +28.03% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Matson, Inc. (NYSE:MATX) P/E ratio is 16.41 while PEG ratio is at 3.74. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Matson, Inc. Common Stock stock recorded a close of $39.10 in last trading session, which brings it market cap to $1.68B.
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