Is Matson Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NYSE: MATX) stock is to Hold MATX stock.
Out of 2 analysts, 0 (0%) are recommending MATX as a Strong Buy, 0 (0%) are recommending MATX as a Buy, 2 (100%) are recommending MATX as a Hold, 0 (0%) are recommending MATX as a Sell, and 0 (0%) are recommending MATX as a Strong Sell.
What is MATX's forecast return on equity (ROE) for 2023-2024?
(NYSE: MATX) forecast ROE is 8.83%, which is considered weak.
What is MATX's Price Target?
According to 2 Wall Street analysts that have issued a 1 year MATX price target, the average MATX price target is $70.00, with the highest MATX stock price forecast at $70.00 and the lowest MATX stock price forecast at $70.00.
On average, Wall Street analysts predict that Matson's share price could fall to $70.00 by Apr 20, 2024. The average Matson stock price prediction forecasts a potential downside of 2.59% from the current MATX share price of $71.86.
What is MATX's forecast return on assets (ROA) for 2023-2024?
(NYSE: MATX) forecast ROA is 4.74%, which is lower than the forecast US Marine Shipping industry average of 8.54%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.