
Matson (MATX) Stock Forecast & Price Target
Matson (MATX) Analyst Ratings
Bulls say
Matson Inc has demonstrated robust performance in its Ocean Transportation segment, with a year-over-year increase of 7.2% in China service volumes, supported by heightened demand and elevated freight rates. The company experienced a strong uplift in overall Chinese volumes for the fourth quarter, driven by seasonal factors and favorable economic conditions, while its Alaskan volumes showed moderate growth of 1%. Furthermore, the firm reported significantly strong earnings that exceeded expectations, indicating resilience and a positive outlook for future operating income in its core business.
Bears say
Matson Inc. is experiencing a downturn in volumes, with declines of approximately 2% year-over-year and 9% compared to the previous quarter, primarily attributed to decreased auto volumes in Hawaii and weakened demand in Guam's retail and food sectors. The company's reliance on the Ocean Transportation segment for the majority of its revenue poses risks, particularly from slowing Hawaiian economic growth and increased supply which may negatively affect rates. Furthermore, anticipated geopolitical factors and overall underperformance in the logistics segment could contribute to a sustained negative outlook for the company moving forward.
This aggregate rating is based on analysts' research of Matson and is not a guaranteed prediction by Public.com or investment advice.
Matson (MATX) Analyst Forecast & Price Prediction
Start investing in Matson (MATX)
Order type
Buy in
Order amount
Est. shares
0 shares