Alert: Positive Investment/Fundamental Signals (7/15/24)-Matson Inc (NYSE: MATX)

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Notable positive changes in fundamentals have recently occurred for Matson Inc (NYSE: MATX): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Matson Inc (NYSE: MATX) has recently enjoyed meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MATX is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Matson has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Matson has a slightly positive Appreciation Score of 66 and a good Power Rating of 85, with the Highest Value Trend Rating the result.

Recent Price Action

Matson Inc (NYSE: MATX) stock increased 1.4% on 7/15/24. The shares closed at $126.60. Moreover, trading volume in this advance was above average at 122% of normal. The stock has been strong relative to the market over the last nine months but has declined -1.3% during the last week.

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