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MTRX

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

11.53USD-0.24 (-2.04%)Market Closed

Market Summary

MTRX
USD11.53-0.24
Market Closed
-2.04%

MTRX Alerts

  • 1 major insider sales recently.

MTRX Stock Price

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MTRX RSI Chart

MTRX Valuation

Market Cap

321.4M

Price/Earnings (Trailing)

-16.88

Price/Sales (Trailing)

0.42

EV/EBITDA

-46.91

Price/Free Cashflow

14.92

MTRX Price/Sales (Trailing)

MTRX Profitability

EBT Margin

-2.54%

Return on Equity

-10.64%

Return on Assets

-4.7%

Free Cashflow Yield

6.7%

MTRX Fundamentals

MTRX Revenue

Revenue (TTM)

765.5M

Rev. Growth (Yr)

-9.7%

Rev. Growth (Qtr)

-11.44%

MTRX Earnings

Earnings (TTM)

-19.0M

Earnings Growth (Yr)

91.32%

Earnings Growth (Qtr)

9.98%

Breaking Down MTRX Revenue

Last 7 days

1.6%

Last 30 days

-12.0%

Last 90 days

22.5%

Trailing 12 Months

147.4%

How does MTRX drawdown profile look like?

MTRX Financial Health

Current Ratio

1.3

Debt/Equity

0.05

Debt/Cashflow

3.21

MTRX Investor Care

Shares Dilution (1Y)

0.99%

Diluted EPS (TTM)

-0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
GRUFITY'S FAIR VALUE MODEL

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PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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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
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-47.85
-2,916,550
6,639,120
-%
Apr 25, 2024
Allworth Financial LP
new
-
261
261
-%
Apr 25, 2024
SIMPLEX TRADING, LLC
added
226
449,000
582,000
-%
Apr 24, 2024
Keene & Associates, Inc.
reduced
-33.9
-91,541
675,592
0.50%
Apr 24, 2024
Spire Wealth Management
sold off
-100
-5,322
-
-%
Apr 19, 2024
Azarias Capital Management, L.P.
reduced
-21.45
574,101
12,914,100
5.42%
Apr 17, 2024
Stanley-Laman Group, Ltd.
reduced
-6.79
795,702
4,085,560
0.57%
Apr 15, 2024
Legato Capital Management LLC
unchanged
-
264,401
1,060,040
0.13%
Apr 05, 2024
NBC SECURITIES, INC.
new
-
1,000
1,000
-%
Apr 02, 2024
Greenhaven Road Investment Management, L.P.
reduced
-61.04
-283,212
134,788
0.06%

1–10 of 47

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
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
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
10-Q
Quarterly Report

Peers (Alternatives to Matrix Service Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
177.7B
69.5B
-7.12% 67.54%
50.61
2.56
16.04% -60.91%
175.2B
67.1B
-5.16% 56.34%
16.96
2.61
12.84% 54.12%
41.3B
34.1B
-0.10% 27.96%
49.14
1.21
21.34% -61.52%
41.0B
6.6B
-2.11% 32.97%
31.22
6.21
7.26% 13.25%
12.8B
14.9B
-3.35% 15.97%
206.88
0.86
12.31% -81.65%
MID-CAP
9.2B
6.9B
-1.80% 74.09%
60.14
1.33
5.64% 109.59%
6.9B
15.5B
-1.02% 41.92%
49.99
0.45
12.59% -4.48%
6.1B
4.3B
1.62% 44.30%
32.57
1.41
19.51% -1.03%
3.7B
2.3B
-9.43% 31.51%
23.42
1.62
2.90% -35.23%
2.4B
1.7B
-9.63% 13.67%
17.62
1.42
11.63% 33.59%
SMALL-CAP
1.1B
1.4B
1.84% -48.72%
17.51
0.8
-24.65% -34.19%
854.8M
35.8M
-25.93% -25.48%
-0.88
23.85
-27.93% -23.21%
811.0M
573.3M
22.87% 55.73%
25.06
1.41
26.00% -2.24%
364.5M
135.4M
-8.14% 196.99%
-22.23
2.69
-25.90% 65.37%
259.9M
99.2M
20.68% 320.43%
-21.22
2.62
-3.69% -37.37%

Matrix Service Co News

Latest updates
MarketBeat • 23 Apr 2024 • 08:40 am
StockNews.com • 26 Mar 2024 • 10:49 am
The Motley Fool • 7 months ago
CNN International • 8 months ago

Matrix Service Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-11.4%175,042,000197,659,000205,854,000186,895,000193,840,000208,431,000200,719,000177,003,000161,965,000168,093,000174,899,000148,260,000167,468,000182,771,000195,837,000248,327,000318,677,000338,097,000398,714,000358,887,000340,568,000
Gross Profit-10.7%10,589,00011,859,00014,695,0004,419,000-1,302,00013,008,000858,000-1,763,0003,207,000-3,508,0001,542,0001,560,00015,313,00014,350,00019,233,00020,477,00030,001,00032,465,00043,738,00036,906,00027,886,000
  S&GA Expenses-8.1%15,731,00017,113,00017,031,00016,862,00017,545,00016,811,00018,098,00017,041,00015,922,00016,629,00017,725,00017,179,00016,724,00018,128,00019,702,00019,718,00023,165,00023,691,00026,349,00024,112,00022,359,000
EBITDA Margin82.6%-0.01-0.04-0.05-0.03-0.06-0.03-0.06-0.10-0.08-0.07-0.04-0.020.00--------
Interest Expenses-1.8%319,000325,000468,000268,000916,000372,000246,000204,000502,0001,999,000504,000322,000358,000375,000366,000398,000444,000389,000342,000301,000361,000
Income Taxes-6,000--37,000-363,000--53,000-147,00010,976,000-5,265,000-6,037,000-5,060,000-1,212,000270,000-1,865,000-1,114,000-3,302,0002,711,0004,568,0003,925,0001,486,000
Earnings Before Taxes10.2%-2,845,000-3,167,000-373,000-13,049,000-32,827,000-6,512,00013,509,000-35,046,000-13,943,000-22,803,000-16,760,000-17,933,000-5,803,000-2,767,000-7,587,000-6,609,000-31,310,0008,862,00017,380,00012,858,0005,418,000
EBT Margin59.7%-0.03-0.06-0.07-0.05-0.08-0.06-0.08-0.13-0.11-0.10-0.06-0.05-0.03--------
Net Income10.0%-2,851,000-3,167,000-336,000-12,686,000-32,827,000-6,512,00013,456,000-34,899,000-24,919,000-17,538,000-10,723,000-12,873,000-4,591,000-3,037,000-5,722,000-5,495,000-28,008,0006,151,00012,812,0008,933,0003,932,000
Net Income Margin60.2%-0.02-0.06-0.07-0.05-0.08-0.07-0.09-0.13-0.10-0.07-0.05-0.04-0.02--------
Free Cashflow199.6%29,223,000-29,353,0005,047,00016,619,00016,379,000-36,807,000-33,689,000-34,668,00030,188,000-19,372,0009,784,000-19,865,00020,553,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets5.9%405382401426438411441413441450468472480512517567592673633631570
  Current Assets9.1%267245262285294261287246255250291294305331335372382439417415365
    Cash Equivalents72.4%47.0027.0055.0048.0056.0039.0077.0059.0093.0062.0084.0074.0093.0082.0010088.0011014090.0050.0071.00
  Inventory-7.8%8.009.007.008.008.008.0010.007.006.006.007.006.007.007.006.008.007.008.008.009.008.00
  Net PPE-5.6%42.0045.0048.0051.0051.0052.0054.0060.0063.0066.0069.0073.0076.0079.0081.0084.0084.0082.0079.0076.0072.00
  Goodwill0.3%29.0029.0029.0030.0030.0042.0042.0042.0061.0061.0061.0061.0061.0060.0060.0060.0061.0093.0093.0093.0093.00
Liabilities11.2%226203219246247190213200195182182178176206209256269315281295246
  Current Liabilities19.6%205171188208209155178180174154153149150170176224230285275290244
  Long Term Debt----------------9.0015.0011.005.002.00-
    LT Debt, Non Current----------------9.0015.0011.005.002.00-
Shareholder's Equity-0.1%179179181180191221228213246268286294304306308311323357352336324
  Retained Earnings-5.1%53.0056.0059.0059.0072.0010511198.00133158175186199203206212218246239227218
  Additional Paid-In Capital0.6%141140141139138138140138136135138136134133139137135133138135132
Accumulated Depreciation--------169166163160160159157156154161159157155152
Shares Outstanding0.3%27.0027.0027.0027.0027.0027.0027.0027.0027.0027.0026.0027.00---------
Float-----162---195---284---599---472
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations202.5%29,604-28,8757,84419,98817,644-35,229-31,679-33,90230,538-19,15310,241-19,03620,844-15,02012,598-7,138-17,47956,10442,510-14,6004,665
  Share Based Compensation15.7%2,0301,7551,6371,4071,6922,0552,0542,0881,8661,8691,7432,2141,9812,2181,7622,3022,7893,0242,8633,3073,153
Cashflow From Investing-109.0%-1932,1403,559-3,290-1,238-1,57435,758376-345-116-151-679269-1,703-484-2,517-5,582-8,533-5,671-7,530-2,725
Cashflow From Financing-2321.9%-9,954-411-4,94864.0071.00-24514,549-93.0060.00-1,817-144-335-10,391-1,45470.00-12,131-6,7792,8013,108245-4,640
  Buy Backs----------------7,132---1,960-

MTRX Income Statement

2023-12-31
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenue$ 175,042$ 193,840$ 372,701$ 402,271
Cost of revenue164,453195,142350,253390,565
Gross profit (loss)10,589(1,302)22,44811,706
Selling, general and administrative expenses15,73117,54532,84434,356
Goodwill impairment012,316012,316
Restructuring costs01,27802,565
Operating loss(5,142)(32,441)(10,396)(37,531)
Other income (expense):    
Interest expense(319)(916)(644)(1,288)
Interest income1624631270
Other2,4544844,716(590)
Loss before income tax expense(2,845)(32,827)(6,012)(39,339)
Provision for federal, state and foreign income taxes6060
Net loss$ (2,851)$ (32,827)$ (6,018)$ (39,339)
Basic loss per common share (in dollars per share)$ (0.10)$ (1.22)$ (0.22)$ (1.46)
Diluted loss per common share (in dollars per share)$ (0.10)$ (1.22)$ (0.22)$ (1.46)
Weighted average common shares outstanding:    
Basic (in shares)27,37726,99927,31426,916
Diluted (in shares)27,37726,99927,31426,916

MTRX Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 47,160$ 54,812
Accounts receivable, less allowances (December 31, 2023—$408 and June 30, 2023—$1,061)158,182145,764
Costs and estimated earnings in excess of billings on uncompleted contracts40,42644,888
Inventories8,4417,437
Income taxes receivable449496
Prepaid expenses8,4705,741
Other current assets4,1843,118
Total current assets267,312262,256
Restricted cash25,00025,000
Property, plant and equipment - net42,48647,545
Operating lease right-of-use assets18,99221,799
Goodwill29,13129,120
Other intangible assets, net of accumulated amortization2,2023,066
Other assets, non-current19,71111,718
Total assets404,834400,504
Current liabilities:  
Accounts payable61,88776,365
Billings on uncompleted contracts in excess of costs and estimated earnings117,27385,436
Accrued wages and benefits13,80413,679
Accrued insurance5,7815,579
Operating lease liabilities3,9814,661
Other accrued expenses2,3391,815
Total current liabilities205,065187,535
Deferred income taxes2626
Operating lease liabilities18,65520,660
Borrowings under asset-backed credit facility010,000
Other liabilities, non-current2,178799
Total liabilities225,924219,020
Commitments and contingencies
Stockholders’ equity:  
Common stock—$0.01 par value; 60,000,000 shares authorized; 27,888,217 shares issued as of December 31, 2023 and June 30, 2023; 27,300,485 and 27,047,318 shares outstanding as of December 31, 2023 and June 30, 2023, respectively279279
Additional paid-in capital140,668140,810
Retained earnings52,89958,917
Accumulated other comprehensive loss(8,745)(8,769)
Stockholders' equity185,101191,237
Treasury stock, at cost — 587,732 shares as of December 31, 2023, and 840,899 shares as of June 30, 2023(6,191)(9,753)
Total stockholders' equity178,910181,484
Total liabilities and stockholders’ equity$ 404,834$ 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 Thu Apr 25 2024, market cap of Matrix Service Co is 321.38 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 Thu Apr 25 2024, MTRX's PE ratio (Price to Earnings) is -16.88 and Price to Sales (PS) ratio is 0.42. 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 -0.092 (multiply by 100 for percentage) rate of return.