Matson, Inc. (MATX)
NYSE: MATX · IEX Real-Time Price · USD
106.22
+1.58 (1.51%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Matson Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Matson stock have an average target of 111.67, with a low estimate of 109 and a high estimate of 116. The average target predicts an increase of 5.13% from the current stock price of 106.22.
Analyst Consensus: Hold
* Price targets were last updated on Feb 21, 2024.
Analyst Ratings
The average analyst rating for Matson stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $108 → $109 | Hold | Maintains | $108 → $109 | +2.62% | Feb 21, 2024 |
| Stifel | Stifel | Hold Maintains $102 → $108 | Hold | Maintains | $102 → $108 | +1.68% | Jan 19, 2024 |
| Stifel | Stifel | Hold Maintains $90 → $102 | Hold | Maintains | $90 → $102 | -3.97% | Oct 24, 2023 |
| Wolfe Research | Wolfe Research | Buy Maintains $113 → $116 | Buy | Maintains | $113 → $116 | +9.21% | Oct 24, 2023 |
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Oct 4, 2023 |
Financial Forecast
Revenue This Year
3.23B
from 3.09B
Increased by 4.41%
Revenue Next Year
3.22B
from 3.23B
Decreased by -0.22%
EPS This Year
8.57
from 8.32
Increased by 2.98%
EPS Next Year
8.50
from 8.57
Decreased by -0.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.3B | 3.3B | 3.4B |
| Avg | 3.2B | 3.2B | 3.3B |
| Low | 3.1B | 3.1B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.5% | 2.7% | 4.9% |
| Avg | 4.4% | -0.2% | 1.9% |
| Low | 0.3% | -4.1% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.03 | 9.29 | 8.35 |
| Avg | 8.57 | 8.50 | 8.11 |
| Low | 8.04 | 7.65 | 7.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.5% | 8.5% | -1.8% |
| Avg | 3.0% | -0.8% | -4.6% |
| Low | -3.4% | -10.7% | -8.3% |
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.