Matrix Service Stock Forecast, Price & News (NASDAQ:MTRX)

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Earnings results for Matrix Service Stock Forecast, Price & News (NASDAQ:MTRX)

Matrix Service Company is expected* to report earnings on 09/02/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.09. The reported EPS for the same quarter last year was $0.47.

Analyst Opinion on Matrix Service Stock Forecast, Price & News (NASDAQ:MTRX)

1 Wall Street analysts have issued ratings and price targets for Matrix Service in the last 12 months. Their average twelve-month price target is $20.00, predicting that the stock has a possible upside of 122.72%. The high price target for MTRX is $20.00 and the low price target for MTRX is $20.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Matrix Service has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $20.00, Matrix Service has a forecasted upside of 122.7% from its current price of $8.98. Matrix Service has received no research coverage in the past 90 days.

Dividend Strength: Matrix Service Stock Forecast, Price & News (NASDAQ:MTRX)

Matrix Service does not currently pay a dividend. Matrix Service does not have a long track record of dividend growth.

Insiders buying/selling: Matrix Service Stock Forecast, Price & News (NASDAQ:MTRX)

In the past three months, Matrix Service insiders have not sold or bought any company stock. Only 2.00% of the stock of Matrix Service is held by insiders. 93.66% of the stock of Matrix Service is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Matrix Service Stock Forecast, Price & News (NASDAQ:MTRX

Earnings for Matrix Service are expected to grow by 18.00% in the coming year, from $0.50 to $0.59 per share. The P/E ratio of Matrix Service is -16.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Matrix Service is -16.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Matrix Service has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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