Professional
Added to YB: 2024-08-09
Pitch date: 2024-06-30
MTRX [bullish]
Matrix Service Company
+22.41%
current return
Author Info
Long Cast Advisers seeks to grow wealth through long-term concentrated investing in small-cap stocks. Follow on Twitter/X.
Company Info
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally.
Market Cap
$321.5M
Pitch Price
$9.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.64
P/E
-13.29
EV/Sales
0.18
Sector
Construction and Engineering
Category
turnaround
Long Cast Advisers Portfolio Holding: Matrix Service Company
MTRX: Historic high backlog signals revenue rebound. Divergence from past trends likely temporary due to timing/seasonality. Strong construction season ahead could boost revenues, margins, earnings & cash flow. Trading at 5x historical $30M adj EBITDA. Q4 results in Sept crucial. Potential for significant portfolio impact.
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