$0.91 EPS Expected for Matson, Inc. (MATX)

September 30, 2018 - By Lisa Delgado

Matson, Inc. (NYSE:MATX) LogoInvestors sentiment increased to 1.25 in 2018 Q2. Its up 0.17, from 1.08 in 2018Q1. It is positive, as 15 investors sold Matson, Inc. shares while 45 reduced holdings. 20 funds opened positions while 55 raised stakes. 35.86 million shares or 0.35% more from 35.74 million shares in 2018Q1 were reported.
First Advsrs Lp owns 84,873 shares or 0.01% of their US portfolio. State Of Tennessee Treasury Department accumulated 29,390 shares. Glenmede Tru Co Na invested 0% of its portfolio in Matson, Inc. (NYSE:MATX). Texas-based Dimensional Fund Advsr Limited Partnership has invested 0.04% in Matson, Inc. (NYSE:MATX). 76,041 were reported by Wells Fargo And Mn. Pinebridge Investments Limited Partnership owns 65,013 shares. Aqr Capital Ltd Llc has 0% invested in Matson, Inc. (NYSE:MATX). Georgia-based Invesco Ltd has invested 0% in Matson, Inc. (NYSE:MATX). First Pacific Advsr Lc, a California-based fund reported 147,293 shares. Advsr Asset Mgmt owns 26 shares or 0% of their US portfolio. Goldman Sachs accumulated 188,754 shares. Chatham Grp Incorporated has invested 0.4% in Matson, Inc. (NYSE:MATX). Thrivent Financial For Lutherans, Minnesota-based fund reported 29,261 shares. Ameritas Prtnrs Incorporated reported 0.01% in Matson, Inc. (NYSE:MATX). Renaissance Limited Liability Corporation owns 86,800 shares or 0% of their US portfolio.

Since May 4, 2018, it had 2 insider purchases, and 6 sales for $425,051 activity. Another trade for 3,000 shares valued at $105,590 was bought by Fukunaga Mark H. Another trade for 1,000 shares valued at $37,024 was sold by Forest Ronald J. 3,558 Matson, Inc. (NYSE:MATX) shares with value of $118,289 were sold by Angoco Vic S Jr. 2,000 shares were sold by BAIRD W BLAKE, worth $62,250 on Friday, May 4.

Analysts expect Matson, Inc. (NYSE:MATX) to report $0.91 EPS on November, 1.They anticipate $0.12 EPS change or 15.19 % from last quarter’s $0.79 EPS. MATX’s profit would be $38.87 million giving it 10.89 P/E if the $0.91 EPS is correct. After having $0.76 EPS previously, Matson, Inc.’s analysts see 19.74 % EPS growth. The stock increased 1.85% or $0.72 during the last trading session, reaching $39.64. About 360,801 shares traded or 96.73% up from the average. Matson, Inc. (NYSE:MATX) has risen 39.63% since September 30, 2017 and is uptrending. It has outperformed by 24.01% the S&P500.

Matson, Inc. (NYSE:MATX) Ratings Coverage

Among 2 analysts covering Matson (NYSE:MATX), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Matson had 2 analyst reports since April 9, 2018 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, August 1. The stock has “Hold” rating by Stephens on Monday, April 9.

Matson, Inc., through its subsidiaries, operates as an ocean cargo carrier. The company has market cap of $1.69 billion. The firm operates in two divisions, Ocean Transportation and Logistics. It has a 6.89 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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