Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $11.84 in the prior trading day, Matrix Service Co. (NASDAQ: MTRX) closed at $10.64, down -10.14%. In other words, the price has decreased by -$10.14 from its previous closing price. On the day, 0.83 million shares were traded. MTRX stock price reached its highest trading level at $11.185 during the session, while it also had its lowest trading level at $9.75.
Ratios:
Our goal is to gain a better understanding of MTRX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.65. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
On February 06, 2020, Sidoti Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $20.
DA Davidson Upgraded its Neutral to Buy on August 07, 2019, while the target price for the stock was maintained at $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 22 ’24 when DURKIN KEVIN A sold 3,900 shares for $13.14 per share. The transaction valued at 51,250 led to the insider holds 72,231 shares of the business.
HEWITT JOHN R sold 10,000 shares of MTRX for $132,502 on Mar 20 ’24. The President & CEO now owns 477,891 shares after completing the transaction at $13.25 per share. On Feb 09 ’24, another insider, DURKIN KEVIN A, who serves as the VP Chief Bus Dev/Strat Officer of the company, sold 3,900 shares for $12.72 each. As a result, the insider received 49,608 and left with 76,131 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTRX now has a Market Capitalization of 290522016 and an Enterprise Value of 275201056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 0.37 whereas that against EBITDA is -17.675.
Stock Price History:
The Beta on a monthly basis for MTRX is 1.27, which has changed by 1.1804788 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. Over the past 52 weeks, MTRX has reached a high of $13.90, while it has fallen to a 52-week low of $5.30. The 50-Day Moving Average of the stock is -14.17%, while the 200-Day Moving Average is calculated to be 1.78%.
Shares Statistics:
The stock has traded on average 206.74K shares per day over the past 3-months and 110130 shares per day over the last 10 days, according to various share statistics. A total of 27.05M shares are outstanding, with a floating share count of 25.94M. Insiders hold about 5.01% of the company’s shares, while institutions hold 76.44% stake in the company. Shares short for MTRX as of 1713139200 were 368940 with a Short Ratio of 1.78, compared to 1710460800 on 131289. Therefore, it implies a Short% of Shares Outstanding of 368940 and a Short% of Float of 1.39999995.
Earnings Estimates
The current rating of Matrix Service Co. (MTRX) reflects the combined expertise of 2.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.13, while EPS last year was -$0.33. The consensus estimate for the next quarter is $0.16, with high estimates of $0.23 and low estimates of $0.09.
Analysts are recommending an EPS of between -$0.29 and -$0.42 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is $0.85, with 2.0 analysts recommending between $0.88 and $0.81.
Revenue Estimates
2 analysts predict $195.29M in revenue for the current quarter. It ranges from a high estimate of $200.58M to a low estimate of $190M. As of the current estimate, Matrix Service Co.’s year-ago sales were $198.89MFor the next quarter, 2 analysts are estimating revenue of $241.71M. There is a high estimate of $253.43M for the next quarter, whereas the lowest estimate is $230M.
A total of 2 analysts have provided revenue estimates for MTRX’s current fiscal year. The highest revenue estimate was $826.7M, while the lowest revenue estimate was $792.7M, resulting in an average revenue estimate of $809.7M. In the same quarter a year ago, actual revenue was $795.02MBased on 2 analysts’ estimates, the company’s revenue will be $967.75M in the next fiscal year. The high estimate is $1B and the low estimate is $935.5M.
