|
Price: $94.0700
$-0.78 
-0.822%
|
| Day's High:
| $96.13
| Week Perf:
| -1.75 %
|
| Day's Low: |
$ 93.75 |
30 Day Perf: |
4.03 % |
| Volume (M): |
187 |
52 Wk High: |
$ 97.72 |
| Volume (M$): |
$ 17,582 |
52 Wk Avg: |
$75.47 |
| Open: |
$95.42 |
52 Wk Low: |
$56.51 |
|
|
| Market Capitalization (Millions $) |
3,321 |
| Shares
Outstanding (Millions) |
35 |
| Employees |
1,056 |
| Revenues (TTM) (Millions $) |
3,107 |
| Net Income (TTM) (Millions $) |
313 |
| Cash Flow (TTM) (Millions $) |
-86 |
| Capital Exp. (TTM) (Millions $) |
284 |
Matson Inc
Matson, Inc., a holding company incorporated in January 2012, in the State
of Hawaii, and its subsidiaries, is a leading provider of ocean transportation
and logistics services. The Company consists of two segments, Ocean Transportation
and Logistics.
Ocean Transportation: Matson’s Ocean Transportation business is conducted
through Matson Navigation Company, Inc. (“MatNav”), a wholly-owned
subsidiary of Matson, Inc. Founded in 1882, MatNav is an asset-based business
that provides a vital lifeline of ocean freight transportation services to the
island economies of Hawaii, Guam and Micronesia, and also operates a premium,
expedited service from China to Long Beach, California. In January 2013, Matson
began providing ocean services to various islands in the South Pacific including
New Zealand, Fiji, Samoa, American Samoa, Tonga and the Cook Islands, and later
expanded service to include Australia to the Solomon Islands, and Nauru. Matson’s
fleet consists of 18 owned and three chartered vessels including containerships,
combination container/roll-on/roll-off ships, and custom-designed barges.
Matson also provides container stevedoring, container equipment maintenance
and other terminal services for MatNav and other ocean carriers through Matson
Terminals, Inc. (“Matson Terminals”), a wholly-owned subsidiary
of MatNav, on the islands of Oahu, Hawaii, Maui and Kauai.
Matson has a 35 percent ownership interest in SSA Terminals, LLC (“SSAT”)
through a joint venture between Matson Ventures, Inc., a wholly-owned subsidiary
of MatNav, and SSA Ventures, Inc. (“SSA”), a subsidiary of Carrix,
Inc. SSAT provides terminal and stevedoring services to various carriers at
six terminal facilities on the U.S. West Coast, including to MatNav at several
of those facilities. Matson records its share of income in the joint venture
in operating expenses within the Ocean Transportation segment due to the nature
of SSAT’s operations.
Logistics: Matson’s Logistics business is conducted through Matson Logistics,
Inc. a wholly-owned subsidiary of MatNav. Established in 1987, Matson Logistics
is an asset-light business that provides multimodal transportation, including
domestic and international rail intermodal service (“Intermodal”);
long-haul and regional highway brokerage, specialized hauling, flat-bed and
project work, less-than-truckload services, expedited freight services (collectively
“Highway”); and warehousing and distribution services. The warehousing
and distribution services are provided in the U.S. by Matson Logistics Warehousing,
Inc. (“Matson Logistics Warehousing”), a wholly-owned subsidiary
of Matson Logistics.
Company Address: 1411 Sand Island Parkway Honolulu 96819 HI
Company Phone Number: 848-1211 Stock Exchange / Ticker: NYSE MATX
| MATX is expected to report next financial results on February 23, 2024. |
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Customers Net Income fell by |
MATX's Customers Net Profit Margin fell to |
-43.97 % |
14.69 %
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| Stock Performances by Major Competitors |
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Ncl Corporation Ltd
NCL Corporation Ltd, a prominent player in the Cruise and Shipping sector, has recently released its financial results for the third quarter of 2023. The numbers indicate an impressive performance in terms of revenue growth, net earnings, profit margins, and inventory management. By delving into these details, we can examine how these results might impact the company going forward.
Revenue Growth and Sector Comparison:
During the third quarter of 2023, NCL Corporation Ltd experienced exceptional revenue growth, with a substantial increase of 56.981% compared to the corresponding reporting period a year ago. The revenue reached an impressive $2.54 billion, compared to $1.62 billion in the same period the previous year.
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Norwegian Cruise Line Holdings Ltd
Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) recently announced its positive third-quarter financial results for 2023, demonstrating significant growth and improved profit margins. While the company's shares experienced a slight decline in the past week, its overall year-to-date performance remains strong. Let's delve into the financial details and analyze how these results may impact the company's future prospects.
Positive Q3 Earnings and Revenue Growth:
Norwegian Cruise Line Holdings Ltd reported earnings of $0.71 per share for the July to September quarter, a substantial improvement compared to a loss of $0.70 per share in the same period last year. This represents a remarkable growth rate of 255% from the previous reporting period's earnings of $0.20 per share.
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International Seaways Inc
International Seaways Inc. (INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, recently reported its financial results for the third quarter of 2023. The company's net income for the quarter stood at $98 million, or $1.99 per diluted share, compared to $113 million, or $2.28 per diluted share, in the same period last year.
While the company witnessed a revenue improvement of 2.06%, it could not prevent a decline of -12.72% in income compared to the previous year. Revenue was recorded at $241.71 million, while earnings per share stood at $1.99. In contrast to the previous reporting period, income declined by -36.01% from $3.11 per share, and revenue fell by -17.281% from $292.20 million.
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Tidewater Inc
During the past week, Tidewater Inc shares experienced a slight decline of -0.4%, which brings the year-to-date performance to an impressive 98.14%. Additionally, Tidewater Inc shares are currently 7.4% below their 52-week high.
The Cruise and Shipping company recently announced notable earnings in its most recent fiscal period. Their revenue soared by 56.059% to $299.26 million, a significant increase compared to the comparable quarter from the previous year. Furthermore, Tidewater Inc's net profit per share experienced an astonishing 390% growth, reaching $0.49 per share.
In terms of business growth, Tidewater Inc outperformed most of its contemporaries in the Cruise and Shipping industry during the third quarter of 2023. While other corporations in this sector experienced a business improvement of 40.76% from the third quarter of 2022, Tidewater Inc's business growth surpassed this at an impressive rate.
The company's earnings in the most recent fiscal period amounted to $25.549 million, marking a remarkable 420.35% increase compared to the previous fiscal period. This indicates the company's strong financial performance and its ability to generate higher profits.
Tidewater Inc has also made significant progress in improving its profit margins. Its net margin rose to 8.54% in the most recent fiscal period, while the operating margin increased to 18.6%. However, the improvement in operating earnings was relatively lower at 192.1%, reaching $55.674 million.
Another positive sign for Tidewater Inc is the build-up in accounts receivable, which suggests rising demand for their services. The company's accounts receivables were valued at $250.7 million, indicating an increase from the preceding quarter.
Looking ahead, Tidewater Inc is expected to report its next financial earnings on February 26, 2024. The company remains optimistic about its performance and continues to focus on generating higher revenue and profits.
In a recent announcement, Tidewater Inc stated that its revenue for the three and nine months ended September 30, 2023, reached $299.3 million and $707.3 million, respectively. This is a substantial increase compared to the same periods in the previous year, which saw revenue of $191.8 million and $460.9 million, respectively. Additionally, Tidewater Inc's net income for the three and nine months ended September 30, 2023, amounted to $26.2 million ($0.49 per common share) and $59.5 million ($1.13 per common share), respectively, a significant improvement from the previous yearOverall, Tidewater Inc's recent financial performance has been impressive, with substantial growth in revenue, net profit per share, and earnings. The company's efforts in improving profit margins and meeting rising demand indicate a positive outlook for its future performance. Investors will await the next financial earnings report to get a clearer picture of Tidewater Inc's progress and prospects.
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Kirby Corporation
Kirby Corporation, a company trading on the New York Stock Exchange (NYSE), has recorded significant gains in its stock over the past seven days and twelve months. The stock has experienced a solid gain of 5.74% in the last week and an impressive 69.09% increase in the past year.
During the July to September 30, 2023 period, Kirby Corporation delivered notable bottom-line growth despite a slow rise in revenue. The company's bottom-line, or net income, jumped by 61.54% to $1.05 per share. Revenue saw a slight increase of 2.538% to reach $764.77 million compared to the same quarter of the previous year.
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| Per Share |
Current |
| Earnings (TTM) |
8.71 $ |
| Revenues (TTM) |
88.03 $
|
| Cash Flow (TTM) |
- |
| Cash |
4.43 $
|
| Book Value |
67.71 $
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| Dividend (TTM) |
1.23 $ |
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| Per Share |
|
| Earnings (TTM) |
8.71 $
|
| Revenues (TTM) |
88.03 $ |
| Cash Flow (TTM) |
- |
| Cash |
4.43 $
|
| Book Value |
67.71 $ |
| Dividend (TTM) |
1.23 $ |
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1.26%