Analyst Ratings for Matson Inc. (MATX)Updated: 2017-07-27
An average rating of Overweight has been given to Matson Inc. (NYSE:MATX) by analysts covering the stock. Last month, MATX received an average rating of Overweight.
6 analysts issued ratings on the stock, where 3 gave MATX a buy rating, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for MATX. The most optimistic price target was 52, which equates to a potential upside of 83.55 percent. The minimum price target given was 35, implying a possible loss of 23.54 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 13.12 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.62 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
MATX has an estimated earnings growth rate of -3.28 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MATX is -5.39.
MATX has traded between a high of 43.00 and a low of 27.90 over the past year. The current market price is above the trailing year's low by 1.54 percent, and 34.12 percent lower than its 52-week high. MATX has a P/E ratio of 17.68. Investors typically compare the P/E ratio to a company's peers in the industry. The MATX value stock report compares MATX to some of its peers using value stock charts. The market cap of MATX is $1.28 billion. MATX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.