Matrix Service Company (MTRX)
NASDAQ: MTRX · IEX Real-Time Price · USD
11.70
+0.14 (1.21%)
Apr 19, 2024, 9:37 AM EDT - Market open
Matrix Service Company Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for MTRX stock has a target of 15, which predicts an increase of 28.21% from the current stock price of 11.70.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 13, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for MTRX is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $11 → $15 | Strong Buy | Maintains | $11 → $15 | +28.21% | Sep 13, 2023 |
| DA Davidson | DA Davidson | Strong Buy Maintains $11 | Strong Buy | Maintains | $11 | -5.98% | May 10, 2023 |
| Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Feb 19, 2020 |
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 6, 2020 |
Financial Forecast
Revenue This Year
825.89M
from 795.02M
Increased by 3.88%
Revenue Next Year
987.11M
from 825.89M
Increased by 19.52%
EPS This Year
-0.36
from -1.94
EPS Next Year
0.86
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 868.0M | 1.1B |
| Avg | 825.9M | 987.1M |
| Low | 776.9M | 916.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.2% | 27.1% |
| Avg | 3.9% | 19.5% |
| Low | -2.3% | 11.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.31 | 0.92 |
| Avg | -0.36 | 0.86 |
| Low | -0.41 | 0.80 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.