Home Sectors Energy Stock Highlights: Matrix Service Company (NASDAQ: MTRX)

Stock Highlights: Matrix Service Company (NASDAQ: MTRX)

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Matrix Service Company is part of the oil and gas services industry and energy sector. The company CEO is John R. Hewitt. Matrix Service Co provides engineering, fabrication, infrastructure, construction, and maintenance services to the oil, gas, power, petrochemical, industrial, mining and minerals markets.

Previous Intraday Trading Performance:

The MTRX stock showed a previous change of 5.04% with an open at 18.88 and a close of 19.60. It reached an intraday high of 19.63 and a low of 18.88.

SeekingAlpha:  Matrix Service Company: Glimmer To Flame To Ignition

Liquidity:

The stock has a market cap of $525.4m with 26.8m shares outstanding, of which the float is 25.1m shares. Trading volume reached 164,521 shares compared to its average volume of 137,805 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Matrix Service Company shares returned 2.51% and in the past 30 trading days it returned -1.16%. Over three months, it changed -6.31%. In one year it has changed 2.35% and within that year its 52-week high was 25.75 and its 52-week low was 15.43. MTRX stock is 27.03% above its 52 Week Low.

Our calculations show a 200 day moving average of 20.61 and a 50 day moving average of 19.76. Currently MTRX stock is trading -4.89% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Matrix Service Company: Glimmer To Flame To Ignition

Earnings:

The last annual fiscal EPS for the company was reported at -0.43 that ended on 30th of June 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.07. The TTM EPS is 0.13, which comes to a TTM PE of 150.77.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): -0.07
4thQtr of 2018 (Reported on 02/21/2019): -0.80
3rdQtr of 2018 (Reported on 11/08/2018): 0.07
2ndQtr of 2018 (Reported on 08/02/2018): 1.60
1stQtr of 2018 (Reported on 05/03/2018): -0.04

Base on our calculations, the intrinsic value per share is 33.28, which means it is possibly undervalued and has a margin of safety of 41.11%.

Indicators to Watch:

The current calculated beta is 1.09.

SeekingAlpha:  Plexus Corp. 2019 Q2 – Results – Earnings Call Slides

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 0.15%, return on assets is 0.09%, profit margin is 0.08%, price-to-sales is 0.38 and price-to-book is 1.49.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 0  :Past Performance Score
 6  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.