Matson Inc (NYSE: MATX) has reported E.P.S. of $1.05 for its first fiscal quarter (ending March 31) versus $0.94 for the same period a year ago — an increase of 12%. For the latest four quarters through March 31, E.P.S. were $8.55 versus $19.54 for the same period a year ago — a decline of -56%.
Recent Price Action
Matson Inc (NYSE: MATX) stock closed at $107.78 on 4/30/24 after a decline of -2.0%. However, trading volume in this decline was below average at 82% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MATX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Matson has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Matson has a slightly positive Appreciation Score of 70 and a very high Power Rating of 91, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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