Matrix Service Co Stock Shares Outstanding
| MTRX Stock | USD 11.55 0.09 0.79% |
Matrix Service Co fundamentals help investors to digest information that contributes to Matrix Service's financial success or failures. It also enables traders to predict the movement of Matrix Stock. The fundamental analysis module provides a way to measure Matrix Service's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Matrix Service stock.
Common Stock Shares Outstanding is likely to drop to about 24.8 M in 2024. Matrix | Shares Outstanding |
Matrix Service Co Company Shares Outstanding Analysis
Matrix Service's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Matrix Service Shares Outstanding | 27.3 M |
Most of Matrix Service's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Matrix Service Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Matrix Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Matrix Service is extremely important. It helps to project a fair market value of Matrix Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Matrix Service's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Matrix Service's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Matrix Service's interrelated accounts and indicators.
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Matrix Shares Outstanding Historical Pattern
Today, most investors in Matrix Service Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Matrix Service's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Matrix Service shares outstanding as a starting point in their analysis.
Matrix Service Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Matrix Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Matrix Service Co has 27.3 M of shares currently outstending. This is 81.27% lower than that of the Energy Equipment & Services sector and 75.84% lower than that of the Energy industry. The shares outstanding for all United States stocks is 95.22% higher than that of the company.
Matrix Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Matrix Service's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Matrix Service could also be used in its relative valuation, which is a method of valuing Matrix Service by comparing valuation metrics of similar companies.Matrix Service is currently under evaluation in shares outstanding category among related companies.
Matrix Fundamentals
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0373 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 288.39 M | ||||
| Shares Outstanding | 27.3 M | ||||
| Shares Owned By Insiders | 3.67 % | ||||
| Shares Owned By Institutions | 82.61 % | ||||
| Number Of Shares Shorted | 272.02 K | ||||
| Price To Earning | 19.16 X | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 795.02 M | ||||
| Gross Profit | 30.82 M | ||||
| EBITDA | (35.28 M) | ||||
| Net Income | (52.36 M) | ||||
| Cash And Equivalents | 14.34 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 35.32 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 1.69 X | ||||
| Book Value Per Share | 6.55 X | ||||
| Cash Flow From Operations | 10.25 M | ||||
| Short Ratio | 1.03 X | ||||
| Earnings Per Share | (0.70) X | ||||
| Price To Earnings To Growth | 0.77 X | ||||
| Target Price | 17.0 | ||||
| Number Of Employees | 2.54 K | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 312.91 M | ||||
| Total Asset | 400.5 M | ||||
| Retained Earnings | 58.92 M | ||||
| Working Capital | 74.72 M | ||||
| Current Asset | 375.45 M | ||||
| Current Liabilities | 246.03 M | ||||
| Net Asset | 400.5 M |
About Matrix Service Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Matrix Service Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Matrix Service using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Matrix Service Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Matrix Service in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Matrix Service's short interest history, or implied volatility extrapolated from Matrix Service options trading.
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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.