Workflow
Is Matson (MATX) a Great Value Stock Right Now?
MATXMatson(MATX) ZACKS·2024-11-07 15:45

Core Insights - The article emphasizes the importance of the Zacks Rank and Style Scores system in identifying strong stocks, particularly focusing on value investing strategies [1][2][3] Company Overview - Matson (MATX) is highlighted as a stock to watch, currently holding a Zacks Rank of 1 (Strong Buy) and a Value grade of A [4] - The stock is trading with a P/E ratio of 16.14, which is lower than the industry's average of 17.74 [4] - MATX has a P/B ratio of 2.07, compared to the industry's average P/B of 3.18, indicating solid valuation [5] - The P/CF ratio for MATX is 7.71, significantly lower than the industry's average P/CF of 12.23, suggesting it may be undervalued [6] Valuation Metrics - Over the past 12 months, MATX's Forward P/E has fluctuated between 11.88 and 16.31, with a median of 13.86 [4] - The P/B ratio has ranged from 1.30 to 2.07, with a median of 1.70 [5] - MATX's P/CF has varied from 5.18 to 7.94, with a median of 6.84 [6] Investment Outlook - The combination of strong valuation metrics and a positive earnings outlook positions MATX as an impressive value stock at the moment [7]