Matson (MATX) Stock Forecast, Price Target & Predictions
MATX Stock Forecast
Matson stock forecast is as follows: an average price target of $143.33 (represents a -6.10% downside from MATX’s last price of $152.64) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.
MATX Price Target
The average price target for Matson (MATX) is $143.33 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $160.00 to $134.00. This represents a potential -6.10% downside from MATX's last price of $152.64.
MATX Analyst Ratings
According to 14 Wall Street analysts, Matson's rating consensus is 'Hold'. The analyst rating breakdown for MATX stock is 0 'Strong Buy' (0.00%), 4 'Buy' (28.57%), 8 'Hold' (57.14%), 2 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
Matson Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 02, 2024 | Daniel Imbro | Stephens | $160.00 | $128.55 | 24.47% | 4.82% |
| Jun 21, 2024 | Benjamin Nolan | Stifel Nicolaus | $136.00 | $126.85 | 7.21% | -10.90% |
| Apr 11, 2024 | Jacob Lacks | Wolfe Research | $134.00 | $108.85 | 23.11% | -12.21% |
| Aug 01, 2022 | Benjamin Nolan | Stifel Nicolaus | $93.00 | $91.26 | 1.91% | -39.07% |
| Mar 14, 2022 | Benjamin Nolan | Stifel Nicolaus | $131.00 | $114.88 | 14.03% | -14.18% |
The latest Matson stock forecast, released on Aug 02, 2024 by Daniel Imbro from Stephens, set a price target of $160.00, which represents a 24.47% increase from the stock price at the time of the forecast ($128.55), and a 4.82% increase from MATX last price ($152.64).
Matson Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $143.33 |
| Last Closing Price | $152.64 | $152.64 | $152.64 |
| Upside/Downside | -100.00% | -100.00% | -6.10% |
In the current month, the average price target of Matson stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Matson's last price of $152.64. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| Aug 02, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 24, 2023 | Wolfe Research | Outperform | Outperform | Hold |
| Oct 04, 2023 | Wolfe Research | Peer Perform | Outperform | Upgrade |
| Oct 04, 2023 | Citigroup | Neutral | Buy | Upgrade |
| Oct 04, 2023 | Piper Sandler | Overweight | Underweight | Downgrade |
| Oct 04, 2023 | Raymond James | - | Market Perform | Downgrade |
| Oct 04, 2023 | UBS | Buy | Neutral | Downgrade |
| Oct 04, 2023 | JonesTrading | - | Hold | Downgrade |
| Nov 17, 2022 | Citigroup | - | Neutral | Downgrade |
Matson's last stock rating was published by Wolfe Research on Oct 09, 2024. The company gave MATX a "Outperform" rating, the same as its previous rate.
Matson Financial Forecast
Matson Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $827.50M | $773.40M | $704.80M | $801.60M | $1.11B | $1.26B | $1.17B | $1.27B | $1.07B | $874.90M | $711.80M | $700.10M | $645.20M | $524.10M | $513.90M | $540.70M | $572.10M | $557.90M | $532.40M | $511.40M | $474.40M |
| Avg Forecast | $818.14M | $864.13M | $827.86M | $782.44M | $851.50M | $965.73M | $839.49M | $730.44M | $733.60M | $798.86M | $762.35M | $704.34M | $801.22M | $1.10B | $1.27B | $1.11B | $1.08B | $991.25M | $796.07M | $661.35M | $666.83M | $644.39M | $572.99M | $513.81M | $540.72M | $580.88M | $577.55M | $504.93M | $356.43M | $444.75M |
| High Forecast | $822.21M | $868.43M | $831.97M | $786.33M | $855.73M | $966.70M | $839.49M | $734.07M | $737.25M | $813.20M | $766.14M | $707.84M | $805.20M | $1.10B | $1.27B | $1.11B | $1.08B | $991.25M | $796.07M | $661.35M | $666.83M | $644.39M | $572.99M | $513.81M | $540.72M | $580.88M | $577.55M | $504.93M | $427.72M | $533.70M |
| Low Forecast | $814.08M | $859.84M | $823.74M | $778.55M | $847.27M | $964.75M | $839.49M | $726.81M | $729.96M | $784.53M | $758.56M | $700.84M | $797.24M | $1.10B | $1.27B | $1.11B | $1.08B | $991.25M | $796.07M | $661.35M | $666.83M | $644.39M | $572.99M | $513.81M | $540.72M | $580.88M | $577.55M | $504.93M | $285.14M | $355.80M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 1.01% | 1.00% | 1.00% | 1.01% | 0.99% | 1.05% | 1.17% | 1.08% | 1.10% | 1.08% | 1.05% | 1.00% | 0.91% | 1.00% | 1.00% | 0.98% | 0.97% | 1.05% | 1.43% | 1.07% |
Matson's average Quarter revenue forecast for Dec 23 based on 1 analysts is $733.60M, with a low forecast of $729.96M, and a high forecast of $737.25M. MATX's average Quarter revenue forecast represents a -11.35% decrease compared to the company's last Quarter revenue of $827.50M (Sep 23).
Matson EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | $132.10M | $96.70M | $124.10M | $176.50M | $339.10M | $569.50M | $506.40M | $541.60M | $437.40M | $274.10M | $180.00M | $171.40M | $147.20M | $99.50M | $58.00M | $113.40M | $80.60M | $56.00M | $41.40M | $53.10M | $41.00M |
| Avg Forecast | $218.25M | $230.52M | $220.84M | $208.73M | $227.15M | $257.62M | $223.95M | $508.15M | $195.70M | $213.11M | $203.37M | $461.95M | $643.32M | $274.21M | $315.49M | $419.96M | $269.64M | $246.53M | $197.99M | $140.25M | $165.85M | $160.27M | $142.51M | $58.00M | $134.48M | $144.47M | $143.64M | $36.62M | $33.01M | $38.27M |
| High Forecast | $219.34M | $231.67M | $221.94M | $209.76M | $228.28M | $257.88M | $223.95M | $609.78M | $196.67M | $216.93M | $204.38M | $554.35M | $771.98M | $274.21M | $315.49M | $503.95M | $269.64M | $246.53M | $197.99M | $168.29M | $165.85M | $160.27M | $142.51M | $69.60M | $134.48M | $144.47M | $143.64M | $43.95M | $39.62M | $45.92M |
| Low Forecast | $217.17M | $229.37M | $219.74M | $207.69M | $226.02M | $257.36M | $223.95M | $406.52M | $194.73M | $209.29M | $202.36M | $369.56M | $514.66M | $274.21M | $315.49M | $335.97M | $269.64M | $246.53M | $197.99M | $112.20M | $165.85M | $160.27M | $142.51M | $46.40M | $134.48M | $144.47M | $143.64M | $29.30M | $26.41M | $30.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.62% | 0.48% | 0.27% | 0.27% | 1.24% | 1.81% | 1.21% | 2.01% | 1.77% | 1.38% | 1.28% | 1.03% | 0.92% | 0.70% | 1.00% | 0.84% | 0.56% | 0.39% | 1.13% | 1.61% | 1.07% |
1 analysts predict MATX's average Quarter EBITDA for Dec 23 to be $195.70M, with a high of $196.67M and a low of $194.73M. This is 48.14% upper than Matson's previous annual EBITDA (Sep 23) of $132.10M.
Matson Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | $119.90M | $80.80M | $34.00M | $78.00M | $266.00M | $380.70M | $339.20M | $394.50M | $283.20M | $162.50M | $87.20M | $85.60M | $70.90M | $32.80M | $3.80M | $15.60M | $36.20M | $18.40M | $12.50M | $14.20M | $7.00M |
| Avg Forecast | $76.28M | $113.91M | $93.40M | $54.98M | $108.05M | $157.62M | $102.30M | $340.37M | $50.93M | $104.22M | $65.01M | $309.43M | $468.59M | $241.68M | $301.30M | $281.30M | $232.90M | $178.70M | $101.23M | $67.94M | $61.67M | $47.42M | $24.85M | $3.80M | $12.43M | $29.41M | $21.38M | $11.06M | $8.83M | $6.53M |
| High Forecast | $76.77M | $114.64M | $94.00M | $55.34M | $108.75M | $157.63M | $102.70M | $408.45M | $51.25M | $106.93M | $65.43M | $371.32M | $562.31M | $241.68M | $301.30M | $337.56M | $232.90M | $178.70M | $101.23M | $81.53M | $61.67M | $47.42M | $24.85M | $4.56M | $12.43M | $29.41M | $21.38M | $13.27M | $10.59M | $7.84M |
| Low Forecast | $75.78M | $113.17M | $92.80M | $54.63M | $107.35M | $157.61M | $101.90M | $272.30M | $50.60M | $99.18M | $64.59M | $247.54M | $374.87M | $241.68M | $301.30M | $225.04M | $232.90M | $178.70M | $101.23M | $54.35M | $61.67M | $47.42M | $24.85M | $3.04M | $12.43M | $29.41M | $21.38M | $8.85M | $7.06M | $5.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.15% | 1.24% | 0.11% | 0.17% | 1.10% | 1.26% | 1.21% | 1.69% | 1.58% | 1.61% | 1.28% | 1.39% | 1.50% | 1.32% | 1.00% | 1.26% | 1.23% | 0.86% | 1.13% | 1.61% | 1.07% |
Matson's average Quarter net income forecast for Dec 23 is $50.93M, with a range of $50.60M to $51.25M. MATX's average Quarter net income forecast represents a -57.53% decrease compared to the company's last Quarter net income of $119.90M (Sep 23).
Matson SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | $72.60M | $70.60M | $66.80M | $69.00M | $64.50M | $64.30M | $63.20M | $64.80M | $57.40M | $58.20M | $56.10M | $59.40M | $58.70M | $50.30M | $56.60M | $52.80M | $52.70M | $55.00M | $56.30M | $53.90M | $50.70M |
| Avg Forecast | $66.22M | $69.94M | $67.01M | $63.33M | $68.92M | $78.17M | $67.95M | $63.42M | $59.38M | $64.66M | $61.71M | $57.65M | $76.97M | $89.24M | $102.67M | $52.41M | $87.75M | $80.23M | $64.44M | $43.71M | $53.97M | $52.16M | $46.38M | $56.60M | $43.77M | $47.02M | $46.75M | $49.80M | $33.51M | $47.32M |
| High Forecast | $66.55M | $70.29M | $67.34M | $63.65M | $69.26M | $78.25M | $67.95M | $76.10M | $59.67M | $65.82M | $62.01M | $69.18M | $92.36M | $89.24M | $102.67M | $62.89M | $87.75M | $80.23M | $64.44M | $52.45M | $53.97M | $52.16M | $46.38M | $67.92M | $43.77M | $47.02M | $46.75M | $59.76M | $40.21M | $56.78M |
| Low Forecast | $65.89M | $69.60M | $66.67M | $63.02M | $68.58M | $78.09M | $67.95M | $50.73M | $59.08M | $63.50M | $61.40M | $46.12M | $61.58M | $89.24M | $102.67M | $41.93M | $87.75M | $80.23M | $64.44M | $34.97M | $53.97M | $52.16M | $46.38M | $45.28M | $43.77M | $47.02M | $46.75M | $39.84M | $26.81M | $37.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.12% | 1.14% | 1.16% | 0.90% | 0.72% | 0.63% | 1.21% | 0.74% | 0.72% | 0.90% | 1.28% | 1.10% | 1.13% | 1.08% | 1.00% | 1.21% | 1.12% | 1.18% | 1.13% | 1.61% | 1.07% |
Matson's average Quarter SG&A projection for Dec 23 is $59.38M, based on 1 Wall Street analysts, with a range of $59.08M to $59.67M. The forecast indicates a -18.21% fall compared to MATX last annual SG&A of $72.60M (Sep 23).
Matson EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 2 | 2 | 3 | 4 | 7 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | $3.42 | $2.28 | $0.94 | $2.11 | $6.95 | $9.54 | $8.29 | $9.51 | $6.60 | $3.74 | $2.01 | $1.99 | $1.65 | $0.76 | $0.09 | $0.36 | $0.84 | $0.43 | $0.29 | $0.33 | $0.16 |
| Avg Forecast | $2.26 | $3.37 | $2.76 | $1.63 | $3.20 | $4.66 | $3.03 | $1.04 | $1.51 | $3.08 | $1.92 | $0.76 | $1.96 | $7.07 | $8.81 | $7.03 | $6.81 | $5.22 | $2.96 | $1.63 | $1.80 | $1.39 | $0.73 | $0.09 | $0.36 | $0.86 | $0.63 | $0.25 | $0.14 | $0.14 |
| High Forecast | $2.27 | $3.39 | $2.78 | $1.64 | $3.22 | $4.66 | $3.04 | $1.05 | $1.52 | $3.16 | $1.94 | $0.76 | $1.97 | $7.07 | $8.81 | $7.03 | $6.81 | $5.22 | $2.96 | $1.63 | $1.80 | $1.39 | $0.73 | $0.09 | $0.36 | $0.86 | $0.63 | $0.25 | $0.17 | $0.17 |
| Low Forecast | $2.24 | $3.35 | $2.75 | $1.62 | $3.18 | $4.66 | $3.01 | $1.03 | $1.50 | $2.93 | $1.91 | $0.75 | $1.96 | $7.07 | $8.81 | $7.03 | $6.81 | $5.22 | $2.96 | $1.63 | $1.80 | $1.39 | $0.73 | $0.09 | $0.36 | $0.86 | $0.63 | $0.25 | $0.11 | $0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.11% | 1.19% | 1.24% | 1.08% | 0.98% | 1.08% | 1.18% | 1.40% | 1.26% | 1.26% | 1.23% | 1.10% | 1.19% | 1.05% | 1.00% | 0.99% | 0.98% | 0.69% | 1.15% | 2.36% | 1.14% |
According to 1 Wall Street analysts, Matson's projected average Quarter EPS for Dec 23 is $1.51, with a low estimate of $1.50 and a high estimate of $1.52. This represents a -55.95% decrease compared to MATX previous annual EPS of $3.42 (Sep 23).
Matson Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NMM | Navios Maritime Partners | $51.38 | $80.00 | 55.70% | Buy |
| GOGL | Golden Ocean Group | $11.19 | $16.75 | 49.69% | Hold |
| GSL | Global Ship Lease | $22.85 | $29.00 | 26.91% | Buy |
| DAC | Danaos | $84.61 | $105.00 | 24.10% | Buy |
| GNK | Genco Shipping & Trading | $16.73 | $19.67 | 17.57% | Buy |
| CMRE | Costamare | $14.06 | $14.50 | 3.13% | Buy |
| CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
| MATX | Matson | $152.64 | $143.33 | -6.10% | Hold |
| KEX | Kirby | $128.81 | $116.50 | -9.56% | Buy |