Matson(MATX) ZACKS·2025-03-20 15:50Core Viewpoint - Matson (MATX) demonstrates a strong commitment to shareholders and is actively expanding its operations, leading to impressive share price performance. The current market conditions present a favorable opportunity for investment in MATX shares [1]. Earnings Estimates - The Zacks Consensus Estimate for earnings per share shows significant growth for the first and second quarters of 2025, as well as for the full years of 2025 and 2026, indicating broker confidence in the stock [2]. - The earnings estimate revisions over the past 60 days reflect substantial increases: Q1 by 73.68%, Q2 by 43.75%, E1 by 20.61%, and F2 by 28.12% [3]. Price Performance - MATX shares have appreciated by 18.5% over the past year, outperforming the Zacks Transportation - Services industry, which saw a decline of 1.7% [3]. Earnings Surprise History - Matson has a positive earnings surprise history, exceeding the Zacks Consensus Estimate in each of the last four quarters, with an average surprise of 12.7% [4]. Shareholder Initiatives - The company has expanded its share repurchase program by adding 3 million shares, bringing the total to 15 million shares, with the program running until December 31, 2027 [5][7]. - Since the program's inception in August 2021, Matson has repurchased 11.5 million shares for approximately 1 billion in constructing three new "Aloha Class" vessels, which will enhance fleet capacity, operational efficiency, and environmental sustainability. These vessels are designed to reduce greenhouse gas emissions by 40% by 2030 [8].