Matson (MATX) Stock Drops 5.4% Amid Market Pressures

Matson Inc (MATX) shares declined by 5.4% to $105.60. Analysts forecast an average target price of $142.50, with a 35.10% upside from the current price. The company reported significantly higher year-over-year consolidated operating income, driven by elevated freight rates in its China service. Hawaii container volume increased by 3.2% year-over-year, and Matson announced a new direct service connecting Ho Chi Minh to its CLX and Mac Shanghai departures.

Matson Inc (MATX) shares experienced a significant drop, declining by 5.4% to close at $105.60. This movement reflects the current challenges and market pressures facing the company, impacting its stock performance. Analysts forecast an average target price of $142.50, indicating a potential 35.10% upside from the current price of $105.48 [1].

The company reported significantly higher year-over-year consolidated operating income, driven by elevated freight rates in its China service. Hawaii container volume increased by 3.2% year-over-year, supported by the dry docking of a competitor's vessel. Additionally, Matson announced a new direct service connecting Ho Chi Minh to its CLX and Mac Shanghai departures, enhancing its presence in Vietnam [1].

Despite these positive developments, Matson Inc faces several headwinds. The company lowered its 2025 outlook due to significant uncertainty regarding tariffs, global trade, and geopolitical factors. Container volume in Guam decreased by 14.3% year-over-year, primarily due to lower demand from retail and food and beverage segments. Furthermore, the company expects container volume and average freight rates to be lower year-over-year for the full year 2025 [1].

Jefferies downgraded Matson Inc from "Comprar" to "Mantener" due to the continued weakness in container volumes between China and the U.S., as well as the pressure on freight rates. The firm expects the company's second-quarter earnings to exceed estimates but maintains a cautious outlook for the rest of the year [2].

Matson Inc will release its second-quarter 2025 results on July 31, 2025. The conference call is scheduled for 4:30 p.m. ET, with Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, discussing the results [3].

References:
[1] https://www.gurufocus.com/news/2987837/matson-matx-shares-decline-over-5-matx-stock-news
[2] https://es-us.finanzas.yahoo.com/noticias/jefferies-baja-calificaci%C3%B3n-matson-debilidad-183503344.html
[3] https://www.barchart.com/story/news/33476417/matson-to-announce-second-quarter-2025-results-on-july-31-2025