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Earnings
Golden Ocean reports Q1 EPS ($1.12), consensus (22c) » 08:00
05/27/20
05/27
08:00
05/27/20
08:00
GOGL

Golden Ocean

$3.45 /

+0.04 (+1.17%)

Reports Q1 net revenue…

Reports Q1 net revenue $81.14M, consensus $92.53M.

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GOGL Golden Ocean
$3.45 /

+0.04 (+1.17%)

05/06/20 Kepler Cheuvreux
Golden Ocean downgraded to Hold from Buy at Kepler Cheuvreux
04/28/20 Pareto
Golden Ocean upgraded to Buy from Hold at Pareto
04/20/20 BTIG
Scorpio Bulkers, Golden Ocean price targets cut at BTIG
02/19/20
Fly Intel: Top five analyst upgrades
GOGL Golden Ocean
$3.45 /

+0.04 (+1.17%)

Earnings
Golden Ocean reports Q1 EPS ($1.12), consensus (22c) » 05:21
05/27/20
05/27
05:21
05/27/20
05:21
GOGL

Golden Ocean

$3.45 /

+0.04 (+1.17%)

Reports Q1 revenue…

Reports Q1 revenue $137.4M, consensus $92.53M. Golden Ocean said in its earnings release, " The decrease in operating revenues was primarily driven by the weaker market environment brought about by the COVID-19 pandemic that coincided with a seasonally weak first quarter and limited iron ore exports from Brazil." CEO Ulrik Andersen commented, "Golden Ocean's first quarter results come amid an extremely weak demand environment brought on by the COVID-19 pandemic. While freight rates have yet to display a meaningful recovery, we are optimistic that conditions will improve over the medium term as the pace of industrial activity recovers. In the meantime, we are focused on ensuring our highly competitive cost structure and preserving our strong financial profile. Above all, our first priority is the health and safety of our shore-based employees and our seafarers. We are taking significant precautions to ensure their well-being and are grateful for their contributions in light of the challenging conditions they are facing."

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GOGL Golden Ocean
$3.45 /

+0.04 (+1.17%)

05/06/20 Kepler Cheuvreux
Golden Ocean downgraded to Hold from Buy at Kepler Cheuvreux
04/28/20 Pareto
Golden Ocean upgraded to Buy from Hold at Pareto
04/20/20 BTIG
Scorpio Bulkers, Golden Ocean price targets cut at BTIG
02/19/20
Fly Intel: Top five analyst upgrades
GOGL Golden Ocean
$3.45 /

+0.04 (+1.17%)

Downgrade
Golden Ocean downgraded to Hold from Buy at Kepler Cheuvreux » 05:17
05/06/20
05/06
05:17
05/06/20
05:17
GOGL

Golden Ocean

$3.21 /

-0.235 (-6.82%)

Kepler Cheuvreux analyst…

Kepler Cheuvreux analyst Petter Haugen downgraded Golden Ocean to Hold from Buy with a NOK 35 price target.

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GOGL Golden Ocean
$3.21 /

-0.235 (-6.82%)

04/28/20 Pareto
Golden Ocean upgraded to Buy from Hold at Pareto
04/20/20 BTIG
Scorpio Bulkers, Golden Ocean price targets cut at BTIG
02/19/20
Fly Intel: Top five analyst upgrades
02/19/20 Pareto
Golden Ocean upgraded to Hold from Sell at Pareto
Upgrade
Golden Ocean upgraded to Buy from Hold at Pareto » 05:24
04/28/20
04/28
05:24
04/28/20
05:24
GOGL

Golden Ocean

$3.51 /

+0.035 (+1.01%)

Pareto analyst Eirik…

Pareto analyst Eirik Haavaldsen upgraded Golden Ocean to Buy from Hold with a $4.35 price target.

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GOGL Golden Ocean
$3.51 /

+0.035 (+1.01%)

04/20/20 BTIG
Scorpio Bulkers, Golden Ocean price targets cut at BTIG
02/19/20
Fly Intel: Top five analyst upgrades
02/19/20 Pareto
Golden Ocean upgraded to Hold from Sell at Pareto
01/27/20 Fearnley
Golden Ocean downgraded to Hold from Buy at Fearnley
Recommendations
Scorpio Bulkers, Golden Ocean price targets cut at BTIG » 07:39
04/20/20
04/20
07:39
04/20/20
07:39
SALT

Scorpio Bulkers

$20.87 /

+0.71 (+3.52%)

, GOGL

Golden Ocean

$3.82 /

+0.205 (+5.68%)

BTIG analyst Gregory…

BTIG analyst Gregory Lewis lowers his price target on Scorpio Bulkers (SALT) to $40 from $90 and on Golden Ocean (GOGL) to $6 from $10 as part of its broader research note, stating that while the Baltic Dry Index has risen 24% over the past 2 weeks, charter rates are barely above cash operating expenses. The analyst keeps his Buy rating on both names however, noting that with a catch-up trade coming in iron ore and vessel scrapping picking up, he sees risk-reward in the stocks as skewed to the upside.

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SALT Scorpio Bulkers
$20.87 /

+0.71 (+3.52%)

02/04/20 Pareto
Scorpio Bulkers upgraded to Buy from Hold at Pareto
01/28/20 B. Riley FBR
Scorpio Bulkers price target lowered to $6.50 from $9.50 at B. Riley FBR
01/27/20 Fearnley
Scorpio Bulkers downgraded to Hold from Buy at Fearnley
11/13/19 Pareto
Scorpio Bulkers downgraded to Hold from Buy at Pareto
GOGL Golden Ocean
$3.82 /

+0.205 (+5.68%)

02/19/20
Fly Intel: Top five analyst upgrades
02/19/20 Pareto
Golden Ocean upgraded to Hold from Sell at Pareto
01/27/20 Fearnley
Golden Ocean downgraded to Hold from Buy at Fearnley
01/23/20 Pareto
Golden Ocean downgraded to Sell from Buy at Pareto
Over a quarter ago
Upgrade
Fly Intel: Top five analyst upgrades » 10:25
02/19/20
02/19
10:25
02/19/20
10:25
NVDA

Nvidia

$308.86 /

+12.14 (+4.09%)

, MTRX

Matrix Service

$14.92 /

+0.57 (+3.97%)

, CTXS

Citrix

$123.58 /

+0.09 (+0.07%)

, HCKT

Hackett Group

$17.07 /

+1.98 (+13.12%)

, GOGL

Golden Ocean

$4.64 /

+0.13 (+2.88%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Nvidia (NVDA) upgraded to Outperform from Market Perform at Bernstein with analyst Stacy Rasgon saying the company's March 19 analyst day and the completion of the Mellanox (MLNX) acquisition are two potential catalysts for the shares. 2. Matrix Service (MTRX) upgraded to Buy from Neutral at Sidoti with analyst John Franzreb saying shares are down about 28% since the company reported disappointing Q2 results less than two weeks ago and he thinks the "valuation reset" offers a compelling entry point. 3. Citrix (CTXS) assumed with an Equal Weight from Underweight at Morgan Stanley with analyst Sanjit Singh saying Citrix's transition to subscription accelerated in 2019 and he is confident in the company's ability to meet its 2022 free cash flow per share target of $10 given its strong recent expense discipline, aggressive share repurchases and growing contribution from the cloud portfolio. 4. Hackett Group (HCKT) upgraded to Buy from Hold at Craig-Hallum with analyst George Sutton saying the "historic" Hackett Oracle implementation business has seen premise revenues move from $80M to a relatively small level in the teens, while cloud is now more than 75% of the practice growing at more than 30%. In his view, that is a major "headline headwind" that will soon turn into a tailwind. 5. Golden Ocean (GOGL) upgraded to Hold from Sell at Pareto. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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NVDA Nvidia
$308.86 /

+12.14 (+4.09%)

02/18/20 Bernstein
Bernstein upgrades Nvidia with $360 target ahead of two catalysts
02/18/20 Bernstein
Nvidia upgraded to Outperform from Market Perform at Bernstein
02/18/20 Bernstein
Nvidia upgraded to Outperform from Market Perform at Bernstein
02/18/20 Susquehanna
Susquehanna upgrades Mellanox to Positive, sees three good possible outcomes
MTRX Matrix Service
$14.92 /

+0.57 (+3.97%)

02/19/20 Sidoti
Matrix Service upgraded to Buy following 28% pullback at Sidoti
02/19/20 Sidoti
Matrix Service upgraded to Buy from Neutral at Sidoti
02/06/20 Sidoti
Matrix Service downgraded to Neutral at Sidoti after 'miss and lower' report
02/06/20 Sidoti
Matrix Service downgraded to Neutral from Buy at Sidoti
CTXS Citrix
$123.58 /

+0.09 (+0.07%)

02/19/20 Morgan Stanley
Citrix assumed with an Equal Weight from Underweight at Morgan Stanley
01/23/20 RBC Capital
Citrix price target raised to $123 from $110 at RBC Capital
01/23/20 Deutsche Bank
Citrix price target raised to $150 from $130 at Deutsche Bank
01/23/20 Morgan Stanley
Citrix guidance suggests 'uneven' cloud progress, says Morgan Stanley
HCKT Hackett Group
$17.07 /

+1.98 (+13.12%)

02/19/20 Craig-Hallum
Hackett Group upgraded to Buy from Hold at Craig-Hallum
11/06/19 Barrington
Hackett Group price target lowered to $20 from $22 at Barrington
GOGL Golden Ocean
$4.64 /

+0.13 (+2.88%)

02/19/20 Pareto
Golden Ocean upgraded to Hold from Sell at Pareto
01/27/20 Fearnley
Golden Ocean downgraded to Hold from Buy at Fearnley
01/23/20 Pareto
Golden Ocean downgraded to Sell from Buy at Pareto
Upgrade
Golden Ocean upgraded to Hold from Sell at Pareto » 05:22
02/19/20
02/19
05:22
02/19/20
05:22
GOGL

Golden Ocean

$4.51 /

-0.08 (-1.74%)

Pareto analyst Eirik…

Pareto analyst Eirik Haavaldsen upgraded Golden Ocean Group to Hold from Sell with a NOK 40 price target.

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GOGL Golden Ocean
$4.51 /

-0.08 (-1.74%)

01/27/20 Fearnley
Golden Ocean downgraded to Hold from Buy at Fearnley
01/23/20 Pareto
Golden Ocean downgraded to Sell from Buy at Pareto
Earnings
Golden Ocean reports Q4 EPS 29c, consensus 26c » 07:20
02/18/20
02/18
07:20
02/18/20
07:20
GOGL

Golden Ocean

$4.59 /

+0.06 (+1.32%)

Reports Q4 net revenue…

Reports Q4 net revenue $179.8M, consensus $150.65M.

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GOGL Golden Ocean
$4.59 /

+0.06 (+1.32%)

01/27/20 Fearnley
Golden Ocean downgraded to Hold from Buy at Fearnley
01/23/20 Pareto
Golden Ocean downgraded to Sell from Buy at Pareto
Earnings
Golden Ocean reports Q4 EPS 29c, consensus 26c » 05:36
02/18/20
02/18
05:36
02/18/20
05:36
GOGL

Golden Ocean

$4.59 /

+0.06 (+1.32%)

Ola Lorentzon, chairman…

Ola Lorentzon, chairman of the board of Golden Ocean and interim CEO, commented: "Golden Ocean's solid performance continued in the fourth quarter despite a weakening rate environment. While the company's earnings potential has been demonstrated over the course of last year, the market is currently presenting a challenging scenario that will impact our results in the near term. As the current market dynamic continues to unfold, our focus remains on maintaining efficient operations and a strong balance sheet and liquidity position."

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GOGL Golden Ocean
$4.59 /

+0.06 (+1.32%)

01/27/20 Fearnley
Golden Ocean downgraded to Hold from Buy at Fearnley
01/23/20 Pareto
Golden Ocean downgraded to Sell from Buy at Pareto
Downgrade
Golden Ocean downgraded to Hold from Buy at Fearnley » 05:33
01/27/20
01/27
05:33
01/27/20
05:33
GOGL

Golden Ocean

$4.63 /

-0.045 (-0.96%)

Fearnley analyst Espen…

Fearnley analyst Espen Fjermestad downgraded Golden Ocean to Hold from Buy with a NOK 48.19 price target.

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GOGL Golden Ocean
$4.63 /

-0.045 (-0.96%)

01/23/20 Pareto
Golden Ocean downgraded to Sell from Buy at Pareto

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