Opinion | The Tax Holding American Shipbuilding Back
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
0mins
Source: WSJ
U.S. Shipbuilding Industry Challenges: The U.S. shipbuilding industry is significantly smaller than its global competitors, particularly China, and protectionist policies like the Jones Act have not effectively strengthened it, leading to a decline in the maritime sector.
Impact on Consumers: The high costs associated with U.S.-built vessels, exacerbated by the Jones Act, result in increased freight costs for consumers, particularly in places like Hawaii, where residents bear the financial burden of these inflated prices.
Analyst Views on MATX
Wall Street analysts forecast MATX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MATX is 167.00 USD with a low forecast of 167.00 USD and a high forecast of 167.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 160.300
Low
167.00
Averages
167.00
High
167.00
Current: 160.300
Low
167.00
Averages
167.00
High
167.00
About MATX
Matson, Inc. is a provider of ocean transportation and logistics services. The Company's segments include Ocean Transportation and Logistics. The Ocean Transportation business is conducted through Matson Navigation Company, Inc. (MatNav), which provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia. MatNav also operates premium, expedited services from China to Long Beach, California, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia. The Logistics business is conducted through Matson Logistics, Inc. (Matson Logistics), a wholly owned subsidiary of MatNav. Matson Logistics provides a variety of logistics services to its customers, such as transportation brokerage services, freight forwarding services, warehousing services and supply chain management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
