EPS for Matson, Inc. (MATX) Expected At $0.24

April 17, 2018 - By Kenneth Lin

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.
Us National Bank & Trust De invested in 0% or 2,350 shares. Fuller Thaler Asset Management Incorporated, a California-based fund reported 2.82 million shares. Moreover, Invest Counselors Of Maryland Ltd Liability Company has 0.94% invested in Matson, Inc. (NYSE:MATX). Geode Capital Management Limited Liability Com owns 349,041 shares for 0% of their portfolio. State Of Tennessee Treasury Department owns 34,375 shares. Moreover, Ubs Asset Management Americas has 0% invested in Matson, Inc. (NYSE:MATX) for 7,000 shares. Invesco Limited owns 45,385 shares. Prelude Ltd Limited Liability Company invested in 0% or 820 shares. Vanguard Grp Incorporated holds 0.01% of its portfolio in Matson, Inc. (NYSE:MATX) for 3.95M shares. Td Asset Mngmt holds 0% or 42,600 shares in its portfolio. Teachers Retirement Sys Of The State Of Kentucky stated it has 0.01% of its portfolio in Matson, Inc. (NYSE:MATX). Thrivent For Lutherans stated it has 26,839 shares or 0% of all its holdings. Trust Company Of Vermont invested in 2,874 shares. D E Shaw And Inc reported 0% of its portfolio in Matson, Inc. (NYSE:MATX). State Board Of Administration Of Florida Retirement holds 32,580 shares or 0% of its portfolio.

Since March 12, 2018, it had 0 buys, and 2 selling transactions for $1.10 million activity. 10,000 shares were sold by Forest Ronald J, worth $295,590 on Thursday, March 15.

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

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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