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 8.07% upside from MATX’s last price of $132.63) 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 8.07% upside from MATX's last price of $132.63.
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% | 20.64% |
| Jun 21, 2024 | Benjamin Nolan | Stifel Nicolaus | $136.00 | $126.85 | 7.21% | 2.54% |
| Apr 11, 2024 | Jacob Lacks | Wolfe Research | $134.00 | $108.85 | 23.11% | 1.03% |
| Aug 01, 2022 | Benjamin Nolan | Stifel Nicolaus | $93.00 | $91.26 | 1.91% | -29.88% |
| Mar 14, 2022 | Benjamin Nolan | Stifel Nicolaus | $131.00 | $114.88 | 14.03% | -1.23% |
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 20.64% increase from MATX last price ($132.63).
Matson Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $148.00 | $143.33 |
| Last Closing Price | $132.63 | $132.63 | $132.63 |
| Upside/Downside | -100.00% | 11.59% | 8.07% |
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 $132.63. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 02, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 24, 2023 | Wolfe Research | Outperform | Outperform | Hold |
| Oct 04, 2023 | Piper Sandler | Overweight | Underweight | Downgrade |
| Oct 04, 2023 | Wolfe Research | Peer Perform | Outperform | Upgrade |
| Oct 04, 2023 | Citigroup | Neutral | Buy | Upgrade |
| Oct 04, 2023 | JonesTrading | - | Hold | Downgrade |
| Oct 04, 2023 | Raymond James | - | Market Perform | Downgrade |
| Oct 04, 2023 | UBS | Buy | Neutral | Downgrade |
| Nov 17, 2022 | Guggenheim | - | Neutral | Downgrade |
| Nov 17, 2022 | Citigroup | - | Neutral | Downgrade |
Matson's last stock rating was published by Stephens on Aug 02, 2024. The company gave MATX a "Overweight" 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $827.50M | $773.40M | $704.80M | $801.60M | $1.11B | - | $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 | $564.90M | $589.40M |
| Avg Forecast | $814.51M | $888.63M | $823.64M | $755.75M | $842.09M | $967.68M | $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 | $553.13M | $552.94M |
| High Forecast | $820.56M | $895.22M | $829.75M | $761.36M | $848.34M | $974.86M | $845.72M | $735.86M | $739.05M | $813.20M | $768.00M | $709.57M | $807.16M | $1.11B | $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 | $663.76M | $663.53M |
| Low Forecast | $808.47M | $882.04M | $817.53M | $750.14M | $835.84M | $960.50M | $833.26M | $725.02M | $728.16M | $784.53M | $756.69M | $699.11M | $795.27M | $1.09B | $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 | $442.50M | $442.35M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.04% | 1.01% | 1.00% | 1.00% | 1.01% | - | 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% | 1.02% | 1.07% |
Matson's average Quarter revenue forecast for Dec 23 based on 1 analysts is $733.60M, with a low forecast of $728.16M, and a high forecast of $739.05M. 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | $132.10M | $96.70M | $124.10M | $176.50M | $339.10M | - | $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 | $54.80M | $82.50M |
| Avg Forecast | $202.58M | $221.01M | $204.85M | $187.96M | $209.44M | $240.67M | $208.79M | $508.15M | $182.46M | $198.69M | $189.60M | $461.95M | $199.27M | $553.31M | $315.49M | $419.96M | $508.55M | $437.40M | $271.11M | $140.25M | $156.16M | $121.78M | $95.41M | $58.00M | $113.40M | $79.63M | $73.78M | $36.62M | $53.63M | $77.06M |
| High Forecast | $204.08M | $222.65M | $206.37M | $189.36M | $210.99M | $242.46M | $210.34M | $609.78M | $183.81M | $202.25M | $191.01M | $554.35M | $200.75M | $663.97M | $315.49M | $503.95M | $610.26M | $524.88M | $325.34M | $168.29M | $187.40M | $146.14M | $114.49M | $69.60M | $136.08M | $95.55M | $88.53M | $43.95M | $64.36M | $92.47M |
| Low Forecast | $201.08M | $219.37M | $203.33M | $186.57M | $207.88M | $238.89M | $207.24M | $406.52M | $181.10M | $195.12M | $188.20M | $369.56M | $197.79M | $442.65M | $315.49M | $335.97M | $406.84M | $349.92M | $216.89M | $112.20M | $124.93M | $97.43M | $76.33M | $46.40M | $90.72M | $63.70M | $59.02M | $29.30M | $42.91M | $61.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.66% | 0.51% | 0.27% | 0.89% | 0.61% | - | 1.21% | 1.06% | 1.00% | 1.01% | 1.28% | 1.10% | 1.21% | 1.04% | 1.00% | 1.00% | 1.01% | 0.76% | 1.13% | 1.02% | 1.07% |
1 analysts predict MATX's average Quarter EBITDA for Dec 23 to be $182.46M, with a high of $183.81M and a low of $181.10M. This is 38.12% 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | $119.90M | $80.80M | $34.00M | $78.00M | $266.00M | - | $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 | $20.60M | $41.60M |
| Avg Forecast | $65.84M | $111.66M | $85.84M | $48.39M | $83.56M | $159.49M | $103.51M | $340.37M | $51.53M | $105.45M | $65.78M | $309.43M | $67.12M | $358.25M | $304.83M | $281.30M | $370.43M | $283.20M | $160.73M | $67.94M | $77.99M | $58.66M | $31.45M | $3.80M | $15.60M | $35.76M | $24.24M | $11.06M | $20.16M | $38.86M |
| High Forecast | $66.47M | $112.74M | $86.67M | $48.86M | $84.37M | $161.02M | $104.51M | $408.45M | $52.03M | $108.19M | $66.41M | $371.32M | $67.77M | $429.90M | $304.83M | $337.56M | $444.51M | $339.84M | $192.87M | $81.53M | $93.59M | $70.39M | $37.74M | $4.56M | $18.72M | $42.92M | $29.09M | $13.27M | $24.19M | $46.63M |
| Low Forecast | $65.20M | $110.59M | $85.01M | $47.93M | $82.76M | $157.95M | $102.51M | $272.30M | $51.03M | $100.35M | $65.14M | $247.54M | $66.48M | $286.60M | $304.83M | $225.04M | $296.34M | $226.56M | $128.58M | $54.35M | $62.39M | $46.93M | $25.16M | $3.04M | $12.48M | $28.61M | $19.39M | $8.85M | $16.13M | $31.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.14% | 1.23% | 0.11% | 1.16% | 0.74% | - | 1.21% | 1.06% | 1.00% | 1.01% | 1.28% | 1.10% | 1.21% | 1.04% | 1.00% | 1.00% | 1.01% | 0.76% | 1.13% | 1.02% | 1.07% |
Matson's average Quarter net income forecast for Dec 23 is $51.53M, with a range of $51.03M to $52.03M. MATX's average Quarter net income forecast represents a -57.02% 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | $72.60M | $70.60M | $66.80M | $69.00M | $64.50M | - | $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 | $58.10M | $54.50M |
| Avg Forecast | $65.93M | $71.93M | $66.67M | $61.17M | $68.16M | $78.33M | $67.95M | $63.42M | $59.38M | $64.66M | $61.71M | $57.65M | $64.85M | $72.61M | $102.67M | $52.41M | $60.85M | $57.40M | $57.57M | $43.71M | $54.12M | $48.56M | $48.23M | $56.60M | $52.80M | $52.07M | $72.46M | $49.80M | $56.86M | $50.91M |
| High Forecast | $66.42M | $72.46M | $67.16M | $61.63M | $68.67M | $78.91M | $68.45M | $76.10M | $59.82M | $65.82M | $62.16M | $69.18M | $65.33M | $87.13M | $102.67M | $62.89M | $73.02M | $68.88M | $69.08M | $52.45M | $64.94M | $58.28M | $57.88M | $67.92M | $63.36M | $62.48M | $86.95M | $59.76M | $68.24M | $61.09M |
| Low Forecast | $65.44M | $71.39M | $66.17M | $60.72M | $67.65M | $77.74M | $67.45M | $50.73M | $58.94M | $63.50M | $61.25M | $46.12M | $64.37M | $58.09M | $102.67M | $41.93M | $48.68M | $45.92M | $46.05M | $34.97M | $43.30M | $38.85M | $38.59M | $45.28M | $42.24M | $41.65M | $57.97M | $39.84M | $45.49M | $40.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.12% | 1.14% | 1.16% | 1.06% | 0.89% | - | 1.21% | 1.06% | 1.00% | 1.01% | 1.28% | 1.10% | 1.21% | 1.04% | 1.00% | 1.00% | 1.01% | 0.76% | 1.13% | 1.02% | 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 $58.94M to $59.82M. 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | $3.42 | $2.28 | $0.94 | $2.11 | $6.95 | - | $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 | $0.48 | $0.97 |
| Avg Forecast | $1.93 | $3.27 | $2.51 | $1.42 | $2.44 | $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 | $0.46 | $0.85 |
| High Forecast | $1.94 | $3.30 | $2.53 | $1.43 | $2.47 | $4.71 | $3.06 | $1.05 | $1.52 | $3.16 | $1.94 | $0.76 | $1.98 | $7.13 | $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 | $0.55 | $1.02 |
| Low Forecast | $1.91 | $3.23 | $2.49 | $1.40 | $2.42 | $4.62 | $3.00 | $1.03 | $1.49 | $2.93 | $1.90 | $0.75 | $1.94 | $7.00 | $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 | $0.37 | $0.68 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.11% | 1.19% | 1.24% | 1.08% | 0.98% | - | 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% | 1.04% | 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 $1.49 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 |
|---|---|---|---|---|---|
| GOGL | Golden Ocean Group | $11.65 | $16.75 | 43.78% | Hold |
| DAC | Danaos | $78.84 | $105.00 | 33.18% | Buy |
| GSL | Global Ship Lease | $24.07 | $29.00 | 20.48% | Buy |
| GNK | Genco Shipping & Trading | $17.24 | $20.67 | 19.90% | Buy |
| MATX | Matson | $132.63 | $143.33 | 8.07% | Hold |
| CMRE | Costamare | $13.60 | $14.50 | 6.62% | Buy |
| CPLP | Capital Product Partners | $16.77 | $17.00 | 1.37% | - |
| KEX | Kirby | $119.03 | $116.50 | -2.13% | 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 $143.33 with a range of $134 to $160, implying a 8.07% from its last price of $132.63. 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 8.07% (from the last price of $132.63 to the average price target of $143.33), up by 20.64% based on the highest stock price target, and up by 1.03% based on the lowest stock price target.
Can Matson stock reach $200?
MATX's average twelve months analyst stock price target of $143.33 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 2024) are as follows: average revenue is $3.38B (high $3.4B, low $3.35B), average EBITDA is $1.17B (high $1.27B, low $1.06B), average net income is $686.93M (high $758.35M, low $615.52M), average SG&A $277.85M (high $292.13M, low $263.58M), and average EPS is $11.17 (high $11.28, low $11.07). MATX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.28B (high $3.31B, low $3.26B), average EBITDA is $816.4M (high $822.46M, low $810.35M), average net income is $311.73M (high $314.74M, low $308.73M), average SG&A $265.69M (high $267.66M, low $263.72M), and average EPS is $9.12 (high $9.2, low $9.03).
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 $1.49B by 11.87%. The company's net income was $1.06B, beating the average estimation of $1.01B by 5.18%. Apple's SG&A was $261M, missing the average forecast of $292.55M by -10.78%. 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 $198.69M by -33.51%. Matson's net income was $119.9M, beating the average estimation of $105.45M by 13.70%. 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%