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Matson (MATX) Stock Forecast, Price Target & Predictions

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MATX Stock Forecast

Matson stock forecast is as follows: an average price target of $160.00 (represents a 14.45% upside from MATX’s last price of $139.80) 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 $160.00 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 $160.00. This represents a potential 14.45% upside from MATX's last price of $139.80.

MATX Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 02, 2024Daniel ImbroStephens$160.00$128.5524.47%14.45%
Jun 21, 2024Benjamin NolanStifel Nicolaus$136.00$126.857.21%-2.72%
Apr 11, 2024Jacob LacksWolfe Research$134.00$108.8523.11%-4.15%
Aug 01, 2022Benjamin NolanStifel Nicolaus$93.00$91.261.91%-33.48%
Mar 14, 2022Benjamin NolanStifel Nicolaus$131.00$114.8814.03%-6.29%

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 14.45% increase from MATX last price ($139.80).

Matson Price Target by Period

1M3M12M
# Anlaysts--3
Avg Price Target--$143.33
Last Closing Price$139.80$139.80$139.80
Upside/Downside-100.00%-100.00%2.53%

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 $139.80. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 09, 2024Wolfe ResearchOutperformOutperformHold
Aug 02, 2024StephensOverweightOverweightHold
Oct 24, 2023Wolfe ResearchOutperformOutperformHold
Oct 04, 2023Wolfe ResearchPeer PerformOutperformUpgrade
Oct 04, 2023CitigroupNeutralBuyUpgrade
Oct 04, 2023Piper SandlerOverweightUnderweightDowngrade
Oct 04, 2023Raymond JamesMarket PerformDowngrade
Oct 04, 2023UBSBuyNeutralDowngrade
Oct 04, 2023JonesTradingHoldDowngrade
Nov 17, 2022CitigroupNeutralDowngrade
Nov 17, 2022BTIGNeutralDowngrade
Nov 17, 2022Credit SuisseUnderperformDowngrade
Nov 17, 2022Morgan StanleyUnderweightDowngrade
Nov 17, 2022Goldman SachsNeutralUpgrade
Nov 17, 2022Wolfe ResearchPeer PerformDowngrade
Nov 17, 2022UBSBuyUpgrade
Nov 17, 2022Summit Insights GroupBuyUpgrade
Nov 17, 2022Piper SandlerHoldNeutralDowngrade
Nov 17, 2022William BlairHoldDowngrade
Nov 17, 2022JefferiesHoldDowngrade
Nov 17, 2022GuggenheimNeutralDowngrade
Aug 02, 2022Piper SandlerHoldDowngrade

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
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
Avg Forecast$851.00M$892.10M$841.90M$786.70M$823.95M$870.02M$833.57M$782.44M$851.78M$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
High Forecast$855.46M$896.78M$846.31M$790.82M$828.27M$874.58M$837.94M$786.54M$856.25M$966.70M$839.49M$734.27M$737.45M$813.20M$766.34M$708.03M$806.60M$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
Low Forecast$846.54M$887.42M$837.49M$782.58M$819.63M$865.46M$829.20M$778.33M$847.31M$964.75M$839.49M$726.61M$729.76M$784.53M$758.35M$700.65M$795.84M$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
# Analysts111111111111121111111111133322
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%

Matson's average Quarter revenue forecast for Dec 23 based on 1 analysts is $733.60M, with a low forecast of $729.76M, and a high forecast of $737.45M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111121111111111133322
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
Avg Forecast$227.02M$237.98M$224.59M$209.86M$219.80M$232.09M$222.37M$208.73M$227.22M$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
High Forecast$228.21M$239.23M$225.77M$210.96M$220.95M$233.31M$223.53M$209.82M$228.42M$257.88M$223.95M$609.78M$196.73M$216.93M$204.43M$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
Low Forecast$225.83M$236.73M$223.41M$208.76M$218.65M$230.87M$221.20M$207.63M$226.03M$257.36M$223.95M$406.52M$194.67M$209.29M$202.30M$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
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%

1 analysts predict MATX's average Quarter EBITDA for Dec 23 to be $195.70M, with a high of $196.73M and a low of $194.67M. This is 48.14% upper than Matson's previous annual EBITDA (Sep 23) of $132.10M.

Matson Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111121111111111133322
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
Avg Forecast$91.60M$108.16M$94.64M$63.88M$80.21M$116.35M$96.22M$57.80M$114.36M$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
High Forecast$92.22M$108.90M$95.29M$64.32M$80.76M$117.14M$96.87M$58.19M$115.14M$157.63M$102.70M$408.45M$51.27M$106.93M$65.45M$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
Low Forecast$90.97M$107.42M$93.99M$63.45M$79.66M$115.55M$95.56M$57.40M$113.58M$157.61M$101.90M$272.30M$50.58M$99.18M$64.57M$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
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%

Matson's average Quarter net income forecast for Dec 23 is $50.93M, with a range of $50.58M to $51.27M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111121111111111133322
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
Avg Forecast$68.88M$72.21M$68.14M$63.68M$66.69M$70.42M$67.47M$63.33M$68.94M$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
High Forecast$69.24M$72.59M$68.50M$64.01M$67.04M$70.79M$67.82M$63.66M$69.31M$78.25M$67.95M$76.10M$59.69M$65.82M$62.03M$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
Low Forecast$68.52M$71.83M$67.79M$63.34M$66.34M$70.05M$67.12M$63.00M$68.58M$78.09M$67.95M$50.73M$59.07M$63.50M$61.38M$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
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%

Matson's average Quarter SG&A projection for Dec 23 is $59.38M, based on 1 Wall Street analysts, with a range of $59.07M to $59.69M. The forecast indicates a -18.21% fall compared to MATX last annual SG&A of $72.60M (Sep 23).

Matson EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111121111111111133322
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
Avg Forecast$2.71$3.20$2.80$1.89$2.37$3.44$2.85$1.71$3.38$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
High Forecast$2.73$3.22$2.82$1.90$2.39$3.47$2.87$1.72$3.41$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
Low Forecast$2.69$3.18$2.78$1.88$2.36$3.42$2.83$1.70$3.36$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
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%

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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NMMNavios Maritime Partners$41.43$80.0093.10%Buy
GOGLGolden Ocean Group$9.20$16.7582.07%Hold
GNKGenco Shipping & Trading$14.58$19.5033.74%Buy
GSLGlobal Ship Lease$21.69$29.0033.70%Buy
DACDanaos$78.79$105.0033.27%Buy
CMRECostamare$11.86$14.5022.26%Buy
MATXMatson$139.80$160.0014.45%Hold
KEXKirby$106.56$116.509.33%Buy

MATX Forecast FAQ

Is Matson a good buy?

No, according to 14 Wall Street analysts, Matson (MATX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 28.57% of MATX's total ratings.

What is MATX's price target?

Matson (MATX) average price target is $160 with a range of $160 to $160, implying a 14.45% from its last price of $139.8. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Matson stock go up soon?

According to Wall Street analysts' prediction for MATX stock, the company can go up by 14.45% (from the last price of $139.8 to the average price target of $160), up by 14.45% based on the highest stock price target, and up by 14.45% based on the lowest stock price target.

Can Matson stock reach $200?

MATX's average twelve months analyst stock price target of $160 does not support the claim that Matson can reach $200 in the near future.

What are Matson's analysts' financial forecasts?

Matson's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.31B (high $3.33B, low $3.29B), average EBITDA is $882.98M (high $887.61M, low $878.35M), average net income is $350.57M (high $352.96M, low $348.18M), average SG&A $267.91M (high $269.32M, low $266.51M), and average EPS is $10.37 (high $10.44, low $10.3). MATX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.37B (high $3.39B, low $3.35B), average EBITDA is $899.45M (high $904.17M, low $894.73M), average net income is $358.28M (high $360.72M, low $355.84M), average SG&A $272.91M (high $274.34M, low $271.48M), and average EPS is $10.6 (high $10.67, low $10.53).

Did the MATX's actual financial results beat the analysts' financial forecasts?

Based on Matson's last annual report (Dec 2022), the company's revenue was $4.34B, beating the average analysts forecast of $4.29B by 1.31%. Apple's EBITDA was $1.66B, beating the average prediction of $1.65B by 0.70%. The company's net income was $1.06B, missing the average estimation of $1.29B by -17.71%. Apple's SG&A was $261M, missing the average forecast of $321.3M by -18.77%. Lastly, the company's EPS was $27.28, beating the average prediction of $24.86 by 9.72%. In terms of the last quarterly report (Sep 2023), Matson's revenue was $827.5M, beating the average analysts' forecast of $798.86M by 3.59%. The company's EBITDA was $132.1M, missing the average prediction of $213.11M by -38.01%. Matson's net income was $119.9M, beating the average estimation of $104.22M by 15.05%. The company's SG&A was $72.6M, beating the average forecast of $64.66M by 12.28%. Lastly, the company's EPS was $3.42, beating the average prediction of $3.08 by 10.92%