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MTRX

MTRX - Matrix Service Co Stock Price, Fair Value and News

11.21USD+0.16 (+1.45%)Delayed

Market Summary

MTRX
USD11.21+0.16
Delayed
1.45%

MTRX Alerts

  • Big fall in Revenue (Y/Y)
  • Losses in recent quarter

MTRX Stock Price

View Fullscreen

MTRX RSI Chart

MTRX Valuation

Market Cap

306.1M

Price/Earnings (Trailing)

-14.62

Price/Sales (Trailing)

0.41

EV/EBITDA

-25.85

Price/Free Cashflow

12.28

MTRX Price/Sales (Trailing)

MTRX Profitability

EBT Margin

-2.82%

Return on Equity

-12.63%

Return on Assets

-4.76%

Free Cashflow Yield

8.14%

MTRX Fundamentals

MTRX Revenue

Revenue (TTM)

744.6M

Rev. Growth (Yr)

-11.17%

Rev. Growth (Qtr)

-5.16%

MTRX Earnings

Earnings (TTM)

-20.9M

Earnings Growth (Yr)

-14.94%

Earnings Growth (Qtr)

-411.43%

Breaking Down MTRX Revenue

Last 7 days

2.8%

Last 30 days

-4.6%

Last 90 days

-10.4%

Trailing 12 Months

92.6%

How does MTRX drawdown profile look like?

MTRX Financial Health

Current Ratio

1.16

Debt/Equity

0.05

Debt/Cashflow

3.76

MTRX Investor Care

Shares Dilution (1Y)

0.97%

Diluted EPS (TTM)

-0.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024744.6M000
2023789.9M795.0M784.2M765.5M
2022682.0M707.8M748.1M780.0M
2021694.3M673.4M658.7M653.2M
20201.3B1.1B945.6M794.4M
20191.3B1.4B1.4B1.4B
20181.1B1.1B1.1B1.2B
20171.3B1.2B1.1B1.1B
20161.3B1.3B1.3B1.3B
20151.3B1.3B1.3B1.3B
20141.2B1.3B1.4B1.4B
2013841.9M892.6M909.2M998.7M
2012717.8M739.0M779.3M799.8M
2011608.0M627.1M644.5M670.2M
20100550.8M569.9M588.9M
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Tracking the Latest Insider Buys and Sells of Matrix Service Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
miller james harry
acquired
4,993
12.97
385
-
Mar 22, 2024
durkin kevin a
sold
-51,249
13.1409
-3,900
vp chief bus dev/strat officer
Mar 20, 2024
hewitt john r
sold
-132,502
13.2502
-10,000
president & ceo
Feb 09, 2024
durkin kevin a
sold
-49,608
12.72
-3,900
vp chief bus dev/strat officer
Dec 05, 2023
sheets justin d
sold
-111,042
10.1306
-10,961
vp & general counsel
Nov 14, 2023
carnes martha z.
acquired
-
-
7,991
-
Nov 14, 2023
hinrichs liane k
acquired
-
-
7,991
-
Nov 14, 2023
chandler john d
acquired
-
-
7,991
-
Nov 14, 2023
miller james harry
acquired
-
-
7,991
-
Nov 14, 2023
bustamante jose luis m.
acquired
-
-
7,991
-

1–10 of 50

Which funds bought or sold MTRX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
added
92.00
2,450,290
4,022,920
-%
May 16, 2024
Ancora Advisors LLC
added
71.82
894,248
1,587,880
0.04%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-4.14
34,814
160,399
-%
May 15, 2024
JACOBS LEVY EQUITY MANAGEMENT, INC
reduced
-0.99
534,694
2,209,980
0.01%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
reduced
-8.78
14,000
81,000
-%
May 15, 2024
Aquatic Capital Management LLC
sold off
-100
-17,000
-
-%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
unchanged
-
99,000
399,000
-%
May 15, 2024
FIRST WILSHIRE SECURITIES MANAGEMENT INC
reduced
-10.11
4,195,000
25,417,000
7.43%
May 15, 2024
BARCLAYS PLC
reduced
-23.28
23,000
1,112,000
-%
May 15, 2024
HSBC HOLDINGS PLC
sold off
-100
-100,610
-
-%

1–10 of 48

Are Funds Buying or Selling MTRX?

Are funds buying MTRX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MTRX
No. of Funds

Unveiling Matrix Service Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
harvey partners, llc
5.2%
1,427,500
SC 13G/A
Feb 12, 2024
first wilshire securities management inc
8.0%
2,169,925
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
4.3%
1,174,000
SC 13G/A
Jan 30, 2024
royce & associates lp
3.29%
896,259
SC 13G/A
Feb 15, 2023
first wilshire securities management inc
8.0%
2,171,934
SC 13G
Feb 14, 2023
harvey partners, llc
6.5%
1,763,500
SC 13G
Feb 10, 2023
dimensional fund advisors lp
5.2%
1,418,732
SC 13G/A
Jan 24, 2023
royce & associates lp
5.06%
1,367,058
SC 13G/A
Jul 11, 2022
bank of new york mellon corp
4.97%
1,332,792
SC 13G/A
Jul 08, 2022
blackrock inc.
4.4%
1,179,154
SC 13G

Recent SEC filings of Matrix Service Co

View All Filings
Date Filed Form Type Document
May 09, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
Apr 02, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 22, 2024
144
Notice of Insider Sale Intent
Mar 21, 2024
4
Insider Trading
Mar 20, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
4
Insider Trading

Peers (Alternatives to Matrix Service Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
176.0B
67.0B
-0.57% 65.92%
15.65
2.63
8.59% 58.17%
175.0B
69.5B
2.71% 53.73%
49.85
2.52
16.04% -60.91%
39.1B
34.0B
-1.97% 33.06%
18.95
1.15
12.85% -19.64%
38.6B
6.7B
-6.32% 12.86%
29.28
5.73
7.11% 10.53%
12.2B
15.3B
-3.16% 12.28%
-885.03
0.79
13.36% -103.70%
MID-CAP
9.8B
6.9B
-3.29% 52.06%
57.15
1.42
3.19% 62.26%
6.6B
15.5B
-3.16% 34.99%
21.56
0.42
7.53% 3145.00%
6.5B
4.4B
8.65% 40.81%
27.89
1.48
17.31% 1.26%
4.2B
2.4B
12.71% 24.81%
29.5
1.79
4.48% -49.27%
2.3B
1.7B
-5.99% 7.81%
17.35
1.37
8.96% 15.52%
SMALL-CAP
1.4B
1.4B
46.91% -37.28%
24.47
1.02
-13.54% -25.70%
872.9M
573.3M
9.79% 57.95%
26.98
1.52
26.00% -2.24%
732.5M
35.8M
-15.62% -26.90%
-0.78
20.44
-27.93% -18.06%
430.6M
135.4M
17.93% 212.03%
-26.25
3.18
-25.90% 65.37%
247.8M
100.1M
1.25% 441.48%
-30.37
2.47
2.80% 39.07%

Matrix Service Co News

Latest updates
Yahoo Lifestyle UK32 hours ago
Yahoo Canada Finance15 May 202412:32 pm
Yahoo Finance08 May 202409:20 pm
The Motley Fool8 months ago

Matrix Service Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.2%166,013,000175,042,000197,659,000205,854,000186,895,000193,840,000208,431,000200,719,000177,003,000161,965,000168,093,000174,899,000148,260,000167,468,000182,771,000195,837,000248,327,000318,677,000338,097,000398,714,000358,887,000
Gross Profit-47.3%5,578,00010,589,00011,859,00014,695,0004,419,000-1,302,00013,008,000858,000-1,763,0003,207,000-3,508,0001,542,0001,560,00015,313,00014,350,00019,233,00020,477,00030,001,00032,465,00043,738,00036,906,000
  S&GA Expenses26.8%19,948,00015,731,00017,113,00017,031,00016,862,00017,545,00016,811,00018,098,00017,041,00015,922,00016,629,00017,725,00017,179,00016,724,00018,128,00019,702,00019,718,00023,165,00023,691,00026,349,00024,112,000
EBITDA Margin-43.9%-0.01-0.01-0.04-0.05-0.03-0.06-0.03-0.06-0.10-0.08-0.07-0.04-0.02--------
Interest Expenses-55.2%143,000319,000325,000468,000268,000916,000372,000246,000204,000502,0001,999,000504,000322,000358,000375,000366,000398,000444,000389,000342,000301,000
Income Taxes-133.3%-2,0006,000--37,000-363,000--53,000-147,00010,976,000-5,265,000-6,037,000-5,060,000-1,212,000270,000-1,865,000-1,114,000-3,302,0002,711,0004,568,0003,925,000
Earnings Before Taxes-412.6%-14,583,000-2,845,000-3,167,000-373,000-13,049,000-32,827,000-6,512,00013,509,000-35,046,000-13,943,000-22,803,000-16,760,000-17,933,000-5,803,000-2,767,000-7,587,000-6,609,000-31,310,0008,862,00017,380,00012,858,000
EBT Margin-10.9%-0.03-0.03-0.06-0.07-0.05-0.08-0.06-0.08-0.13-0.11-0.10-0.06-0.05--------
Net Income-411.4%-14,581,000-2,851,000-3,167,000-336,000-12,686,000-32,827,000-6,512,00013,456,000-34,899,000-24,919,000-17,538,000-10,723,000-12,873,000-4,591,000-3,037,000-5,722,000-5,495,000-28,008,0006,151,00012,812,0008,933,000
Net Income Margin-13.0%-0.03-0.02-0.06-0.07-0.05-0.08-0.07-0.09-0.13-0.10-0.07-0.05-0.04--------
Free Cashflow-31.5%20,008,00029,223,000-29,353,0005,047,00016,619,00016,379,000-36,807,000-33,689,000-34,668,00030,188,000-19,372,0009,784,000-19,865,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets8.7%440405382401426438411441413441450468472480512517567592673633631
  Current Assets9.7%293267245262285294261287246255250291294305331335372382439417415
    Cash Equivalents100.7%95.0047.0027.0055.0048.0056.0039.0077.0059.0093.0062.0084.0074.0093.0082.0010088.0011014090.0050.00
  Inventory7.3%9.008.009.007.008.008.008.0010.007.006.006.007.006.007.007.006.008.007.008.008.009.00
  Net PPE5.2%45.0042.0045.0048.0051.0051.0052.0054.0060.0063.0066.0069.0073.0076.0079.0081.0084.0084.0082.0079.0076.00
  Goodwill-0.2%29.0029.0029.0029.0030.0030.0042.0042.0042.0061.0061.0061.0061.0061.0060.0060.0060.0061.0093.0093.0093.00
Liabilities21.4%274226203219246247190213200195182182178176206209256269315281295
  Current Liabilities23.0%252205171188208209155178180174154153149150170176224230285275290
  Long Term Debt-----------------9.0015.0011.005.002.00
    LT Debt, Non Current-----------------9.0015.0011.005.002.00
Shareholder's Equity-7.3%166179179181180191221228213246268286294304306308311323357352336
  Retained Earnings-27.6%38.0053.0056.0059.0059.0072.0010511198.00133158175186199203206212218246239227
  Additional Paid-In Capital1.4%143141140141139138138140138136135138136134133139137135133138135
Accumulated Depreciation---------169166163160160159157156154161159157155
Shares Outstanding0.0%27.0027.0027.0027.0027.0027.0027.0027.0027.0027.0027.0026.00---------
Float------162---195---284---599---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-16.1%24,83829,604-28,8757,84419,98817,644-35,229-31,679-33,90230,538-19,15310,241-19,03620,844-15,02012,598-7,138-17,47956,10442,510-14,600
  Share Based Compensation-2.5%1,9802,0301,7551,6371,4071,6922,0552,0542,0881,8661,8691,7432,2141,9812,2181,7622,3022,7893,0242,8633,307
Cashflow From Investing-988.6%-2,101-1932,1403,559-3,290-1,238-1,57435,758376-345-116-151-679269-1,703-484-2,517-5,582-8,533-5,671-7,530
Cashflow From Financing100.4%41.00-9,954-411-4,94864.0071.00-24514,549-93.0060.00-1,817-144-335-10,391-1,45470.00-12,131-6,7792,8013,108245
  Buy Backs-----------------7,132---1,960
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MTRX Income Statement

2024-03-31
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue$ 166,013$ 186,895$ 538,714$ 589,166
Cost of revenue160,435182,476510,688573,041
Gross profit5,5784,41928,02616,125
Selling, general and administrative expenses19,94816,86252,79251,218
Goodwill impairment00012,316
Restructuring costs031602,881
Operating loss(14,370)(12,759)(24,766)(50,290)
Other income (expense):    
Interest expense(143)(268)(787)(1,556)
Interest income16594477164
Other(235)(116)4,481(706)
Loss before income tax expense(14,583)(13,049)(20,595)(52,388)
Provision for federal, state and foreign income taxes(2)(363)4(363)
Net loss$ (14,581)$ (12,686)$ (20,599)$ (52,025)
Basic loss per common share (in dollars per share)$ (0.53)$ (0.47)$ (0.75)$ (1.93)
Diluted loss per common share (in dollars per share)$ (0.53)$ (0.47)$ (0.75)$ (1.93)
Weighted Average Number of Shares Outstanding, Basic27,44327,03827,35726,969
Weighted Average Number of Shares Outstanding Diluted27,44327,03827,35726,969

MTRX Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 69,658$ 54,812
Accounts receivable, less allowances (March 31, 2024—$428 and June 30, 2023—$1,061)172,924145,764
Costs and estimated earnings in excess of billings on uncompleted contracts34,60044,888
Inventories9,0577,437
Income taxes receivable325496
Prepaid expenses6,6065,741
Other current assets03,118
Total current assets293,170262,256
Restricted cash25,00025,000
Property, plant and equipment - net44,71147,545
Operating lease right-of-use assets17,91121,799
Goodwill29,06129,120
Other intangible assets, net of accumulated amortization1,9253,066
Other assets, non-current (Note 2)28,22711,718
Total assets440,005400,504
Current liabilities:  
Accounts payable55,19276,365
Billings on uncompleted contracts in excess of costs and estimated earnings167,65785,436
Accrued wages and benefits18,06813,679
Accrued insurance5,6995,579
Operating lease liabilities3,6244,661
Other accrued expenses2,0091,815
Total current liabilities252,249187,535
Deferred income taxes2526
Operating lease liabilities17,94720,660
Borrowings under asset-backed credit facility010,000
Other liabilities, non-current3,982799
Total liabilities274,203219,020
Commitments and contingencies
Stockholders’ equity:  
Common stock—$0.01 par value; 60,000,000 shares authorized; 27,888,217 shares issued as of March 31, 2024 and June 30, 2023; 27,304,734 and 27,047,318 shares outstanding as of March 31, 2024 and June 30, 2023, respectively279279
Additional paid-in capital142,634140,810
Retained earnings38,31858,917
Accumulated other comprehensive loss(9,293)(8,769)
Treasury stock, at cost — 583,483 shares as of March 31, 2024, and 840,899 shares as of June 30, 2023(6,136)(9,753)
Total stockholders' equity165,802181,484
Total liabilities and stockholders’ equity$ 440,005$ 400,504
MTRX
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance; and emergency and storm restoration services. This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. Process and Industrial Facilities segment engages in the crude oil refining; processing, fractionating, and marketing of natural gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction service. The Storage and Terminal Solutions segment undertakes work related to aboveground storage tanks and terminals; engineering, fabrication and construction, and maintenance and repair, which include planned and emergency services; and LNG, liquid nitrogen/liquid oxygen, liquid petroleum, hydrogen, and other specialty vessels, which comprise spheres, as well as marine structures, and truck and rail loading/offloading facilities. Its services include engineering, fabrication and construction, and maintenance and repair, including planned and emergency services, as well as geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.
 CEO
 WEBSITEmatrixservicecompany.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES2810

Matrix Service Co Frequently Asked Questions


What is the ticker symbol for Matrix Service Co? What does MTRX stand for in stocks?

MTRX is the stock ticker symbol of Matrix Service Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Matrix Service Co (MTRX)?

As of Fri May 17 2024, market cap of Matrix Service Co is 306.13 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTRX stock?

You can check MTRX's fair value in chart for subscribers.

What is the fair value of MTRX stock?

You can check MTRX's fair value in chart for subscribers. The fair value of Matrix Service Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Matrix Service Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTRX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Matrix Service Co a good stock to buy?

The fair value guage provides a quick view whether MTRX is over valued or under valued. Whether Matrix Service Co is cheap or expensive depends on the assumptions which impact Matrix Service Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTRX.

What is Matrix Service Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MTRX's PE ratio (Price to Earnings) is -14.62 and Price to Sales (PS) ratio is 0.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTRX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Matrix Service Co's stock?

In the past 10 years, Matrix Service Co has provided -0.1 (multiply by 100 for percentage) rate of return.