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Are Investors Undervaluing Matson (MATX) Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is Matson (MATX - Free Report) . MATX is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 13.89, which compares to its industry's average of 16.27. Over the last 12 months, MATX's Forward P/E has been as high as 16.84 and as low as 12.63, with a median of 14.04.
We should also highlight that MATX has a P/B ratio of 1.77. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.11. MATX's P/B has been as high as 2.17 and as low as 1.50, with a median of 1.76, over the past year.
Finally, investors will want to recognize that MATX has a P/CF ratio of 6.61. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 15.26. MATX's P/CF has been as high as 8.11 and as low as 6.17, with a median of 6.99, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Matson is likely undervalued currently. And when considering the strength of its earnings outlook, MATX sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing Matson (MATX) Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is Matson (MATX - Free Report) . MATX is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 13.89, which compares to its industry's average of 16.27. Over the last 12 months, MATX's Forward P/E has been as high as 16.84 and as low as 12.63, with a median of 14.04.
We should also highlight that MATX has a P/B ratio of 1.77. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.11. MATX's P/B has been as high as 2.17 and as low as 1.50, with a median of 1.76, over the past year.
Finally, investors will want to recognize that MATX has a P/CF ratio of 6.61. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 15.26. MATX's P/CF has been as high as 8.11 and as low as 6.17, with a median of 6.99, all within the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that Matson is likely undervalued currently. And when considering the strength of its earnings outlook, MATX sticks out at as one of the market's strongest value stocks.