Matrix Service Company

V

vanzandt

MTRX
$10.45

Beyond the obvious stocks that'll get a short term pop on the hurricane, HD etc... I wanted to look where others don't. This company DOUBLED in the 6 months following Katrina.

Earnings report is 9/6... and its near a 52 week low off of weak revenue last time around. It was $22 in February... and its not some BS company. Solid balance sheet, plenty of FCF...Talk about the perfect storm...

You guys owe me big-time on this one.
https://www.matrixservice.com/
 
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"From engineering, procurement, fabrication and construction of tanks and terminals, to heavy turnarounds, onsite mechanical, maintenance and repair, advanced chemical and industrial cleaning, and project management, Matrix Service has long been trusted for quality service and execution excellence. We started delivering the best in aboveground storage tank soultions in 1984, and our customers' confidence in our skill and dependability grew our services to become the top tier EPC contractor we are today.


With project awards ranging from $25K to $450MM, Matrix Service has the resources, locations, and agility to provide consistent service on large and small jobs alike, especially in high-demand markets where it's often hard to find the right skills and quality.


Time after time, customers rely on us to see projects through to completion safely, on time, on budget and with the quality you expect from a proven industry leader".
 
it's not a big company but the long term future of the company isn't good. All their profitability variables (ROE, ROA, have been decreasing and in the last report, they could not even generate revenue to cover their cost of goods sold. Book to market ratio has been increasing, meaning it's losing market value. Their have low debt to equity ratio so it's less likely to be go financially distress; however, This stock isn't worth investing at all since they don't even pay dividend.

In addition, they don't report their spending on R& D either but their CEO compensation has been rising ... I suspect that there is serious information asymmetry going on between mgmt and shareholders.

imho, it may rise a little bit as pullback but it's more likely to lose more value in the long term.
 
vanzandt said:
MTRX
$10.45

Beyond the obvious stocks that'll get a short term pop on the hurricane, HD etc... I wanted to look where others don't. This company DOUBLED in the 6 months following Katrina.

Earnings report is 9/6... and its near a 52 week low off of weak revenue last time around. It was $22 in February... and its not some BS company. Solid balance sheet, plenty of FCF...Talk about the perfect storm...

You guys owe me big-time on this one.
https://www.matrixservice.com/
More...
Just an update... its up 40%.
fwiw :D
 
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