Matson, Inc. (MATX) Analysts See $0.24 EPS

April 17, 2018 - By Marguerite Chambers

Matson, Inc. (NYSE:MATX) LogoInvestors sentiment increased to 1.06 in Q4 2017. Its up 0.03, from 1.03 in 2017Q3. It is positive, as 20 investors sold Matson, Inc. shares while 47 reduced holdings. 25 funds opened positions while 46 raised stakes. 35.66 million shares or 0.01% less from 35.66 million shares in 2017Q3 were reported.
Goldman Sachs Gru Inc invested in 0% or 245,507 shares. The Illinois-based Citadel Advsrs Lc has invested 0% in Matson, Inc. (NYSE:MATX). 216,132 are held by Ameriprise Financial. Glenmede Trust Na holds 2,848 shares or 0% of its portfolio. Alliancebernstein Lp invested in 0% or 55,880 shares. Parkside Fincl Bancorporation holds 11 shares or 0% of its portfolio. Proshare Limited Liability Corporation has 0% invested in Matson, Inc. (NYSE:MATX) for 7,553 shares. Meeder Asset Mngmt stated it has 0% of its portfolio in Matson, Inc. (NYSE:MATX). Hanson Mcclain has 5,280 shares for 0.01% of their portfolio. Moreover, Cubist Systematic Strategies Ltd Limited Liability Company has 0.01% invested in Matson, Inc. (NYSE:MATX). Gsa Cap Llp reported 72,098 shares. London Of Virginia holds 0.19% in Matson, Inc. (NYSE:MATX) or 885,357 shares. Virginia Retirement Et Al holds 0.01% or 20,800 shares. Profund Advsr Limited reported 0.01% in Matson, Inc. (NYSE:MATX). Tiaa Cref Investment Management Lc holds 280,066 shares.

Since March 12, 2018, it had 0 buys, and 2 selling transactions for $1.10 million activity. The insider COX MATTHEW J sold $802,212.

Analysts expect Matson, Inc. (NYSE:MATX) to report $0.24 EPS on May, 2.They anticipate $0.08 EPS change or 50.00 % from last quarter’s $0.16 EPS. MATX’s profit would be $10.24M giving it 30.52 P/E if the $0.24 EPS is correct. After having $0.28 EPS previously, Matson, Inc.’s analysts see -14.29 % EPS growth. The stock decreased 0.95% or $0.28 during the last trading session, reaching $29.3. About 27,957 shares traded. Matson, Inc. (NYSE:MATX) has declined 8.05% since April 17, 2017 and is downtrending. It has underperformed by 19.60% the S&P500.

Matson, Inc. (NYSE:MATX) Ratings Coverage

Among 4 analysts covering Matson (NYSE:MATX), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Matson had 6 analyst reports since November 3, 2017 according to SRatingsIntel. The stock of Matson, Inc. (NYSE:MATX) has “Hold” rating given on Monday, January 29 by Wells Fargo. The rating was maintained by Stephens on Monday, January 8 with “Hold”. Seaport Global upgraded Matson, Inc. (NYSE:MATX) on Monday, January 29 to “Buy” rating. Stephens maintained it with “Hold” rating and $3300 target in Monday, April 9 report. Stifel Nicolaus maintained it with “Buy” rating and $32.0 target in Friday, November 3 report. Stifel Nicolaus maintained the stock with “Buy” rating in Sunday, January 28 report.

Matson, Inc., through its subsidiaries, operates as an ocean cargo carrier. The company has market cap of $1.25 billion. The firm operates in two divisions, Ocean Transportation and Logistics. It has a 5.46 P/E ratio. The Ocean Transportation segment offers ocean transportation services to the domestic economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia and in the South Pacific.

Matson, Inc. (NYSE:MATX) Institutional Positions Chart

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