Professional
Added to YB: 2024-02-12
Pitch date: 2024-02-10
MTRX [bullish]
Matrix Service Company
-2.48%
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
$12.49
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 largest position - $MTRX
MTRX: $1.4B backlog near prior peak; last time, earned $1.07 next yr. Cyclical, set to regain profits fast w/ NOL shield. $1 NTM EPS = 9x P/E, cheap for strong E&C backlog. New projects = low writedown risk near term. My top pick in a sector I know well.
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