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

April 17, 2018 - By Alfred Lee

Matson, Inc. (NYSE:MATX) LogoInvestors sentiment increased to 1.06 in 2017 Q4. Its up 0.03, from 1.03 in 2017Q3. It improved, 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.
Hanson Mcclain owns 5,280 shares. Invesco Limited holds 45,385 shares or 0% of its portfolio. Glenmede Na, Pennsylvania-based fund reported 2,848 shares. Hotchkis Wiley Cap Mgmt Lc owns 2.30M shares or 0.26% of their US portfolio. Ameritas Invest invested in 3,737 shares. Colorado-based Advisors Asset Mngmt has invested 0% in Matson, Inc. (NYSE:MATX). Fuller And Thaler Asset Mgmt holds 2.82M shares. Public Employees Retirement Association Of Colorado holds 0% of its portfolio in Matson, Inc. (NYSE:MATX) for 1,730 shares. Moreover, Whittier Of Nevada has 0% invested in Matson, Inc. (NYSE:MATX). American Int Group Inc accumulated 0% or 33,573 shares. 2,874 were reported by Tru Of Vermont. Bancshares Of Hawaii holds 0.2% or 81,049 shares in its portfolio. Jpmorgan Chase And holds 85,869 shares. Reliance Of Delaware has invested 1.04% in Matson, Inc. (NYSE:MATX). Regions Finance accumulated 2,867 shares.

Since March 12, 2018, it had 0 buys, and 2 sales for $1.10 million activity. Forest Ronald J also sold $295,590 worth of Matson, Inc. (NYSE:MATX) shares.

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 firm has “Buy” rating by Seaport Global given on Monday, January 29. The firm earned “Hold” rating on Monday, April 9 by Stephens. The company was upgraded on Monday, January 29 by Wells Fargo. On Sunday, January 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained Matson, Inc. (NYSE:MATX) on Friday, November 3 with “Buy” rating. Stephens maintained it with “Hold” rating and $36.0 target in Monday, January 8 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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