Added to YB: 2024-01-24
Pitch date: 2024-01-24
MTRX [bullish]
Matrix Service Company
+24.41%
current return
Author Info
@PaulBieber is a former sell-side analyst that shares stock pitches on Twitter. Follow on Twitter
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
$9.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.64
P/E
-13.29
EV/Sales
0.18
Sector
Construction and Engineering
Category
growth
Small Cap Opportunities - Matrix Service ($MTRX)
$MTRX backlog doubled QoQ to 8yr high; stimulus-fueled projects flow thru P&L in '24 at attractive margins. Street sees EBITDA at $10.6M in '24, $46M in '25 after losses in '21-'23. Backlog growth may continue in '24 on gov spending, hinting at strong cycle ahead.
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