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Matson upgraded to Buy from Hold at Stifel » 04:57
02/27/20
02/27
04:57
02/27/20
04:57
MATX

Matson

$32.62 /

-3.89 (-10.65%)

Stifel analyst Benjamin…

Stifel analyst Benjamin Nolan upgraded Matson to Buy from Hold with an unchanged price target of $37. The company's Q1 guidance came in worse than expected due to coronavirus related demand weakness, Nolan tells investors in a research note. However, the virus impact should be temporary, and Matson "adequately guided down to reflect all but the worst case scenario," adds the analyst. He believes the corresponding share selloff creates an attractive entry point and recommends buying the shares. Matson represents one of the "highest quality defensible" business models in transportation, says Nolan.

Hot Stocks
Matson sees FY20 adjusted EBITDA $280M » 16:24
02/25/20
02/25
16:24
02/25/20
16:24
MATX

Matson

$36.49 /

-0.62 (-1.67%)

The company said,…

The company said, "For the FY20, we expect improved consolidated financial performance led by the reduction in fleet deployment to nine vessels in our Hawaii tradelane service and the financial benefits from our other infrastructure-related investments, partially offset by the negative financial impact from COVID-19 on our CLX service, at SSAT and in Logistics of approximately $15M in aggregate. As of today, we currently estimate the COVID-19 financial impact to Matson to be limited to the first half of the year with most of the financial impact in the first quarter, but the magnitude and timing could change as the situation evolves. We expect net income to be flat and EBITDA to be higher than the levels achieved in 2019. Specifically, we expect EBITDA in 2020 to be approximately $280M."

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Earnings
Matson reports Q4 EPS 36c, consensus 37c » 16:23
02/25/20
02/25
16:23
02/25/20
16:23
MATX

Matson

$36.49 /

-0.62 (-1.67%)

Reports Q4 revenue…

Reports Q4 revenue $540.7M, consensus $540.72M. The company commented, "Despite our tradelanes performing largely as expected, our consolidated financial results in the quarter came in below our expectations. Our China tradelane service outperformed against a difficult comparison and we saw a modest rebound in our Hawaii service, but the contribution from our SSAT joint venture fell short of our expectations. Our financial performance for the full year 2019 was mixed with our China and Alaska tradelane services and Logistics making solid contributions, but our SSAT joint venture and Hawaii tradelane service coming in below expectations. Overall, 2019 was an important transition year for Matson as we made significant progress on our investments in our Hawaii tradelane with the delivery of two new vessels, Kaimana Hila and Lurline, and the installation of three new gantry cranes at Sand Island."

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Conference/Events
Stifel to hold a conference » 08:22
02/12/20
02/12
08:22
02/12/20
08:22
CHRW

C.H. Robinson

$72.64 /

-0.29 (-0.40%)

, JBHT

J.B. Hunt

$112.33 /

+0.3 (+0.27%)

, KEX

Kirby

$75.11 /

+0.27 (+0.36%)

, MATX

Matson

$36.67 /

+0.24 (+0.66%)

, UNP

Union Pacific

$183.30 /

-1.37 (-0.74%)

, USAK

USA Truck

$5.27 /

+0.12 (+2.33%)

, USX

U.S. Xpress Enterprises

$6.20 /

+0.155 (+2.56%)

, SNDR

Schneider National

$22.41 /

-0.07 (-0.31%)

, YRCW

YRC Worldwide

$2.36 /

+0.05 (+2.16%)

Transportation &…

Transportation & Logistics Conference will be held in Miami on February 11-12.

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Conference/Events
Stifel to hold a conference » 04:55
02/12/20
02/12
04:55
02/12/20
04:55
CHRW

C.H. Robinson

$72.64 /

-0.29 (-0.40%)

, JBHT

J.B. Hunt

$112.33 /

+0.3 (+0.27%)

, KEX

Kirby

$75.11 /

+0.27 (+0.36%)

, MATX

Matson

$36.67 /

+0.24 (+0.66%)

, UNP

Union Pacific

$183.30 /

-1.37 (-0.74%)

, USAK

USA Truck

$5.27 /

+0.12 (+2.33%)

, USX

U.S. Xpress Enterprises

$6.20 /

+0.155 (+2.56%)

Transportation &…

Transportation & Logistics Conference will be held in Miami on February 11-12.

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Conference/Events
Stifel to hold a conference » 08:20
02/11/20
02/11
08:20
02/11/20
08:20
CHRW

C.H. Robinson

$72.93 /

-1.45 (-1.95%)

, JBHT

J.B. Hunt

$112.03 /

-0.49 (-0.44%)

, KEX

Kirby

$74.84 /

+0.69 (+0.93%)

, MATX

Matson

$36.43 /

+0.21 (+0.58%)

, UNP

Union Pacific

$184.67 /

+0.84 (+0.46%)

, USAK

USA Truck

$5.15 /

-0.04 (-0.77%)

, USX

U.S. Xpress Enterprises

$6.05 /

-0.385 (-5.99%)

Transportation &…

Transportation & Logistics Conference will be held in Miami on February 11-12.

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Over a quarter ago
Conference/Events
Matson management to meet with SIdoti » 04:55
12/03/19
12/03
04:55
12/03/19
04:55
MATX

Matson

$37.12 /

-0.68 (-1.80%)

Meeting to be held in Los…

Meeting to be held in Los Angeles on December 3 hosted by Sidoti.

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Conference/Events
Matson management to meet with SIdoti » 11:24
12/02/19
12/02
11:24
12/02/19
11:24
MATX

Matson

$37.69 /

-0.11 (-0.29%)

Meeting to be held in Los…

Meeting to be held in Los Angeles on December 3 hosted by Sidoti.

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Conference/Events
Stephens to hold a conference » 04:55
11/15/19
11/15
04:55
11/15/19
04:55
AAN

Aaron's

$58.85 /

+2.05 (+3.61%)

, BSX

Boston Scientific

$41.57 /

+0.16 (+0.39%)

, CBM

Cambrex

$59.86 /

+ (+0.00%)

, CNI

Canadian National

$93.18 /

+0.32 (+0.34%)

, EA

Electronic Arts

$97.54 /

+1.52 (+1.58%)

, DPZ

Domino's Pizza

$278.68 /

-0.555 (-0.20%)

, ENSG

Ensign Group

$40.68 /

+0.37 (+0.92%)

, EGOV

NIC Inc.

$23.61 /

+0.2 (+0.85%)

, FIS

FIS

$135.49 /

+1.68 (+1.26%)

, FDX

FedEx

$156.72 /

+0.5 (+0.32%)

, EXP

Eagle Materials

$93.76 /

+1.215 (+1.31%)

, EPAY

Bottomline Technologies

$46.95 /

+0.71 (+1.54%)

, GKOS

Glaukos

$62.68 /

+ (+0.00%)

, GMS

GMS Inc.

$32.07 /

+0.72 (+2.30%)

, HAL

Halliburton

$20.33 /

-0.29 (-1.41%)

, HUM

Humana

$317.95 /

-0.94 (-0.29%)

, JAX

J. Alexander's

$10.45 /

+0.02 (+0.19%)

, JBHT

J.B. Hunt

$116.81 /

+0.27 (+0.23%)

, LAD

Lithia Motors

$160.86 /

-0.34 (-0.21%)

, LII

Lennox

$254.96 /

+2.6 (+1.03%)

, LPX

Louisiana-Pacific

$29.10 /

-0.14 (-0.48%)

, MATX

Matson

$36.65 /

-0.48 (-1.29%)

, MOS

Mosaic

$20.30 /

+0.61 (+3.10%)

, ODFL

Old Dominion

$195.17 /

+0.58 (+0.30%)

, VG

Vonage

$7.68 /

-0.13 (-1.66%)

, UNT

Unit Corp.

$0.79 /

-0.1114 (-12.38%)

, WMT

Walmart

$120.65 /

-0.41 (-0.34%)

, WNC

Wabash

$14.91 /

-0.255 (-1.68%)

, RM

Regional Management

$33.09 /

+0.31 (+0.95%)

, POOL

Pool Corp.

$205.52 /

+0.74 (+0.36%)

, SAVE

Spirit Airlines

$37.70 /

+0.21 (+0.56%)

, SLB

Schlumberger

$34.72 /

-0.31 (-0.88%)

, SM

SM Energy

$8.88 /

-0.34 (-3.69%)

, NTR

Nutrien

$49.30 /

-0.13 (-0.26%)

, NOV

National Oilwell

$22.09 /

-0.26 (-1.16%)

2019 Stephens Nashville…

2019 Stephens Nashville Investment Conference will be held in Nashville on November 13-15.

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Conference/Events
Stephens to hold a conference » 04:55
11/14/19
11/14
04:55
11/14/19
04:55
AAN

Aaron's

$56.80 /

-1.52 (-2.61%)

, BSX

Boston Scientific

$41.41 /

+0.19 (+0.46%)

, CBM

Cambrex

$59.86 /

+0.035 (+0.06%)

, CNI

Canadian National

$92.86 /

-0.22 (-0.24%)

, EA

Electronic Arts

$96.02 /

-0.26 (-0.27%)

, DPZ

Domino's Pizza

$279.24 /

+1.185 (+0.43%)

, ENSG

Ensign Group

$40.31 /

-2 (-4.73%)

, EGOV

NIC Inc.

$23.41 /

+0.52 (+2.27%)

, FIS

FIS

$133.81 /

+1.21 (+0.91%)

, FDX

FedEx

$156.22 /

-5.06 (-3.14%)

, EXP

Eagle Materials

$92.54 /

-0.16 (-0.17%)

, EPAY

Bottomline Technologies

$46.24 /

-0.68 (-1.45%)

, GKOS

Glaukos

$62.68 /

-1.62 (-2.52%)

, GMS

GMS Inc.

$31.35 /

+0.62 (+2.02%)

, HAL

Halliburton

$20.62 /

-0.41 (-1.95%)

, HUM

Humana

$318.89 /

-1.52 (-0.47%)

, JAX

J. Alexander's

$10.43 /

-0.12 (-1.14%)

, JBHT

J.B. Hunt

$116.54 /

-1.96 (-1.65%)

, LAD

Lithia Motors

$161.20 /

-0.84 (-0.52%)

, LII

Lennox

$252.36 /

+0.985 (+0.39%)

, LPX

Louisiana-Pacific

$29.24 /

-0.1 (-0.34%)

, MATX

Matson

$37.13 /

-2.09 (-5.33%)

, MOS

Mosaic

$19.69 /

-1.25 (-5.97%)

, ODFL

Old Dominion

$194.59 /

-1 (-0.51%)

, VG

Vonage

$7.81 /

-0.265 (-3.28%)

, UNT

Unit Corp.

$0.90 /

+0.0208 (+2.37%)

, WMT

Walmart

$121.06 /

+1.93 (+1.62%)

, WNC

Wabash

$15.17 /

-0.155 (-1.01%)

, RM

Regional Management

$32.78 /

-0.19 (-0.58%)

, POOL

Pool Corp.

$204.78 /

+1.09 (+0.54%)

, SAVE

Spirit Airlines

$37.49 /

-0.37 (-0.98%)

, SLB

Schlumberger

$35.03 /

-1.18 (-3.26%)

, SM

SM Energy

$9.22 /

-0.49 (-5.05%)

, NTR

Nutrien

$49.43 /

+0.5 (+1.02%)

, NOV

National Oilwell

$22.35 /

-0.32 (-1.41%)

2019 Stephens Nashville…

2019 Stephens Nashville Investment Conference will be held in Nashville on November 13-15.

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