Matson, Inc. (MATX)
NYSE: MATX · IEX Real-Time Price · USD
127.53
-0.79 (-0.62%)
At close: Jul 19, 2024, 4:00 PM
50.00
-77.53 (-60.79%)
After-hours: Jul 20, 2024, 1:25 PM EDT
Matson Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Matson stock have an average target of 119.75, with a low estimate of 111 and a high estimate of 135. The average target predicts a decrease of -6.10% from the current stock price of 127.53.
Analyst Consensus: Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for Matson stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $135 | Buy | Reiterates | $135 | +5.86% | May 24, 2024 |
| Stifel | Stifel | Hold Maintains $109 → $111 | Hold | Maintains | $109 → $111 | -12.96% | May 1, 2024 |
| Stifel | Stifel | Hold Maintains $108 → $109 | Hold | Maintains | $108 → $109 | -14.53% | Feb 21, 2024 |
| Stifel | Stifel | Hold Maintains $102 → $108 | Hold | Maintains | $102 → $108 | -15.31% | Jan 19, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $110 → $117 | Hold | Maintains | $110 → $117 | -8.26% | Nov 1, 2023 |
Financial Forecast
Revenue This Year
3.26B
from 3.09B
Increased by 5.44%
Revenue Next Year
3.31B
from 3.26B
Increased by 1.44%
EPS This Year
8.92
from 8.32
Increased by 7.21%
EPS Next Year
8.66
from 8.92
Decreased by -2.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.5B | 3.4B |
| Avg | 3.3B | 3.3B | 3.3B |
| Low | 3.1B | 3.1B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.1% | 6.5% | 1.5% |
| Avg | 5.4% | 1.4% | -1.5% |
| Low | 0.8% | -4.4% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.43 | 9.53 | 8.16 |
| Avg | 8.92 | 8.66 | 7.93 |
| Low | 8.34 | 7.75 | 7.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.3% | 6.9% | -5.8% |
| Avg | 7.2% | -2.9% | -8.5% |
| Low | 0.2% | -13.1% | -12.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.