Matrix Service Co Stock Today
| MTRX Stock | USD 11.56 0.19 1.62% |
Performance7 of 100
| Odds Of DistressLess than 7
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Matrix Service is trading at 11.56 as of the 19th of April 2024; that is -1.62 percent decrease since the beginning of the trading day. The stock's open price was 11.75. Matrix Service has only a 7 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Matrix Service Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 26th of September 1990 | Category Industrials |
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, South Korea, Australia, and internationally. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma. The company has 27.3 M outstanding shares of which 272.02 K shares are now shorted by private and institutional investors with about 1.03 trading days to cover. More on Matrix Service Co
Moving together with Matrix Stock
| 0.91 | J | Jacobs Solutions Financial Report 14th of May 2024 | PairCorr |
| 0.83 | DY | Dycom Industries Financial Report 22nd of May 2024 | PairCorr |
| 0.75 | WLDN | Willdan Group Financial Report 2nd of May 2024 | PairCorr |
Moving against Matrix Stock
| 0.74 | VATE | Innovate Corp | PairCorr |
| 0.6 | EXPO | Exponent Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Matrix Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Matrix Service's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Matrix Service or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | John Hewitt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Construction (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Fobi Ai Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Equipment & Services, Engineering & Construction, Industrials, NASDAQ Composite, NASDAQ Composite Total, Tel Aviv 90, Tel Aviv 125, Construction, Energy, Energy Equipment & Services, Engineering & Construction, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Matrix Service report their recommendations after researching Matrix Service's financial statements, talking to executives and customers, or listening in on Matrix Service's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Matrix Service. The Matrix consensus assessment is calculated by taking the average forecast from all of the analysts covering Matrix Service. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Matrix Service's historical financial statements, Matrix Service Co is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Matrix Service is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Matrix Service's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Matrix Service's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Matrix Service's financial leverage. It provides some insight into what part of Matrix Service's total assets is financed by creditors.
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Matrix Service Co (MTRX) is traded on NASDAQ Exchange in USA. It is located in 15 E. 5th Street, Tulsa, OK, United States, 74103 and employs 2,545 people. Matrix Service is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 325.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Matrix Service's market, we take the total number of its shares issued and multiply it by Matrix Service's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Matrix Service conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 27.3 M outstanding shares of which 272.02 K shares are now shorted by private and institutional investors with about 1.03 trading days to cover.
Matrix Service Co currently holds about 14.34 M in cash with 10.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Matrix Service Probability Of Bankruptcy
Ownership AllocationMatrix Service maintains a total of 27.3 Million outstanding shares. The majority of Matrix Service outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Matrix Service Co to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Matrix Service. Please pay attention to any change in the institutional holdings of Matrix Service as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Matrix Ownership Details
Matrix Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Matrix Service jumping above the current price in 90 days from now is about 54.06%. The Matrix Service Co probability density function shows the probability of Matrix Service stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2423. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Matrix Service will likely underperform. Additionally, matrix Service Co has an alpha of 0.2928, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Matrix Service to move above the current price in 90 days from now is about 54.06 (This Matrix Service Co probability density function shows the probability of Matrix Stock to fall within a particular range of prices over 90 days) .
Matrix Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Matrix Service that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Matrix Service's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Matrix Service's value.| Instituion | Recorded On | Shares | |
| Portolan Capital Management, Llc | 2023-12-31 | 619.8 K | |
| Franklin Resources Inc | 2023-12-31 | 536.1 K | |
| Acadian Asset Management Llc | 2023-12-31 | 377.4 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 367.4 K | |
| Needham Investment Management, Llc | 2023-12-31 | 355 K | |
| Stanley-laman Group Ltd | 2023-12-31 | 336.4 K | |
| Rbf Llc | 2023-12-31 | 332 K | |
| Millennium Management Llc | 2023-12-31 | 277 K | |
| Qube Research & Technologies | 2023-12-31 | 268.7 K | |
| First Wilshire Securities Mgmt Inc (ca) | 2023-12-31 | 2.2 M | |
| Harvey Partners Llc | 2023-09-30 | 1.7 M |
Matrix Service Historical Income Statement
Matrix Service Co Income Statement is one of the three primary financial statements used for reporting Matrix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Matrix Service revenue and expense. Matrix Service Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Matrix Service's Gross Profit is fairly stable compared to the past year. Non Operating Income Net Other is likely to rise to about 39.3 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 12 M in 2024. View More FundamentalsMatrix Stock Against Markets
Picking the right benchmark for Matrix Service stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Matrix Service stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Matrix Service is critical whether you are bullish or bearish towards Matrix Service Co at a given time. Please also check how Matrix Service's historical prices are related to one of the top price index indicators.
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Matrix Service Corporate Directors
Matrix Service corporate directors refer to members of a Matrix Service board of directors. The board of directors generally takes responsibility for the Matrix Service's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Matrix Service's board members must vote for the resolution. The Matrix Service board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Edgar Hendrix | Independent Director | Profile | |
| Liane Hinrichs | Director | Profile | |
| John Chandler | Director | Profile | |
| James Mogg | Independent Director | Profile |
How to buy Matrix Stock?
Before investing in Matrix Service, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Matrix Service. To buy Matrix Service stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Matrix Service. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Matrix Service stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Matrix Service Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Matrix Service Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Matrix Service Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Matrix Stock please use our How to Invest in Matrix Service guide.
Already Invested in Matrix Service Co?
The danger of trading Matrix Service Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Matrix Service is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Matrix Service. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Matrix Service is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Matrix Service offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Matrix Service's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Matrix Service Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Matrix Service Co Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Matrix Stock analysis
When running Matrix Service's price analysis, check to measure Matrix Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.
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Is Matrix Service's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Matrix Service. If investors know Matrix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Matrix Service listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.75 | Earnings Share (0.70) | Revenue Per Share 28.155 | Quarterly Revenue Growth (0.1) | Return On Assets (0.04) |
The market value of Matrix Service is measured differently than its book value, which is the value of Matrix that is recorded on the company's balance sheet. Investors also form their own opinion of Matrix Service's value that differs from its market value or its book value, called intrinsic value, which is Matrix Service's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Matrix Service's market value can be influenced by many factors that don't directly affect Matrix Service's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Matrix Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matrix Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matrix Service's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.