Long-Time Horizon Analysis of Matrix Service Co (MTRX) Stock

Matrix Service Co [MTRX] stock prices are up 2.21% to $13.9 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTRX shares have gain 9.28% over the last week, with a monthly amount glided 13.84%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Matrix Service Co [NASDAQ: MTRX] stock has seen the most recent analyst activity on February 19, 2020, when Sidoti upgraded its rating to a Buy but kept the price target unchanged to $20 for it. Previously, Sidoti downgraded its rating to Neutral on February 06, 2020, and kept the price target unchanged to $20. On August 07, 2019, upgrade upgraded it’s rating to Buy but maintained its price target of $25 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $22 on March 13, 2019. Citigroup reiterated its recommendation of a Buy and raised its price target to $64 on July 05, 2018. Avondale upgraded its rating to Mkt Outperform for this stock on May 06, 2016. In a note dated February 11, 2016, KeyBanc Capital Mkts downgraded an Sector Weight rating on this stock.

The stock price of Matrix Service Co [MTRX] has been fluctuating between $8.61 and $15.75 over the past year. Matrix Service Co [NASDAQ: MTRX] shares were valued at $13.9 at the most recent close of the market.

Analyzing the MTRX fundamentals

The Matrix Service Co [NASDAQ:MTRX] reported sales of 742.41M for trailing twelve months, representing a surge of 20.57%. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.14 and Total Capital is -0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.61 points at the first support level, and at 13.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.13, and for the 2nd resistance point, it is at 14.36.

Ratios To Look Out For

It’s worth pointing out that Matrix Service Co [NASDAQ:MTRX]’s Current Ratio is 1.00. Also, the Quick Ratio is 0.99, while the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 2.55.

Transactions by insiders

Recent insider trading involved MILLER JAMES HARRY, Director, that happened on Sep 11 ’24 when 4500.0 shares were sold.

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