Matson Inc (NYSE: MATX) has reported E.P.S. of $3.34 for its second fiscal quarter (ending June 30) versus $2.28 for the same period a year ago. E.P.S. were $9.60 for the latest four quarters through June 30 versus $12.27 for the same period a year ago.
Recent Price Action
On 8/1/24, Matson Inc (NYSE: MATX) stock declined by -3.1%, closing at $128.55. Trading volume in this decline was normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
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). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Matson has a slightly positive Appreciation Score of 65 and a very high Power Rating of 86, 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.
Be the first to comment