Alert: Positive Investment/Fundamental Signals (8/2/24)-Matson Inc (NYSE: MATX)

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Recent notable positive changes in fundamentals have benefitted 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.

Important positive changes in Matson Inc (NYSE: MATX) investment behavior have recently occurred: the stock rose on very heavy volume.

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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Matson has a slightly positive Appreciation Score of 63 and a very high Power Rating of 86, producing the Highest Value Trend Rating.

Recent Price Action

On 8/2/24, Matson Inc (NYSE: MATX) stock enjoyed a large increase of 2.3%, closing at $131.46. Moreover, exceptionally high trading volume at 215% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 2.8% during the last week.

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