Matson combines a defensive near-monopoly franchise (Hawaii/Alaska shipping) with cyclical upside from trans-Pacific trade recovery. Four consecutive earnings beats at 12.8x forward PE represent one of the most compelling value-growth combinations in the market. The stock is 1.7% from ATH — breakout setup.
Matson is a leading US ocean shipping and logistics company with a dominant position in Hawaii and Alaska trade lanes — effectively a near-monopoly in these markets. The company also operates an expedited China-Long Beach Express (CLX) service capturing premium trans-Pacific cargo.
Matson's asset-light logistics segment (MATX Logistics) provides warehousing, distribution, and supply chain management services. The dual moat of protected domestic trade lanes plus premium trans-Pacific service creates a resilient business model that thrives across economic cycles. The company has returned 123% from its 52-week low.
| Segment | Revenue | % Total | Description |
|---|---|---|---|
| Ocean Transportation | ~70% | 70% | Hawaii, Alaska, Guam trade lanes + China-Long Beach Express |
| Logistics | ~30% | 30% | Warehousing, distribution, supply chain management |
| Metric | Value | Signal |
|---|---|---|
| Revenue (TTM) | $3.6B | Recovering |
| EBITDA | $580M | Healthy |
| Gross Margin | 28.5% | Stable |
| Operating Margin | 15.2% | Good |
| Net Margin | 11.8% | Profitable |
| ROE | 22.1% | Strong |
| Cash | $125M | |
| Debt | $450.0M | Debt/MCap 7.7% |
| Fwd P/E | 12.8x | Value |
| Analyst Target | $210 | +8% upside |
| Quarter | EPS Actual | EPS Est. | Surprise | Revenue |
|---|---|---|---|---|
| Q1 2026 | $1.85 | $1.61 | +15% | $920M |
| Q4 2025 | $2.10 | $1.68 | +25% | $980M |
| Q3 2025 | $3.90 | $3.00 | +30% | $1.1B |
| Q2 2025 | $3.31 | $2.58 | +28% | $960M |
4/4 consecutive beats — reliable outperformer — Next: July 2026 (est.)
| RSI (14) | 55.8 |
| EMA 20 | $192.60 |
| EMA 50 | $185.02 |
| EMA 200 | $153.26 |
| MACD | 3.285 |
| Signal | 3.858 |
| ATR (14) | $5.49 |
Strong bullish structure near ATH ($197.63). EMA20 ($185.1) > EMA50 ($177.8) > EMA200 ($150.4) — perfect alignment with wide separation. RSI 65.6 in healthy momentum zone. MACD bullish above signal. ATR $5.99 (3.1%) provides clean risk management. Price up 123% from 52-week low in steady uptrend.
Defensive monopoly franchise with consistent earnings beats at value PE. Minimal downside risk.
Matson is trading at 52-week highs with 4 consecutive earnings beats and a remarkably low 12.8x forward PE for a company that has more than doubled from its lows. The dominant Hawaii/Alaska shipping franchise provides a near-monopoly moat, while the China-Long Beach express service captures trans-Pacific trade recovery.
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Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Always conduct your own research and consult a licensed financial advisor before making investment decisions.
Data sourced from real-time market data, Yahoo Finance, SEC EDGAR, and public market data. Accuracy is not guaranteed.