Matrix Service Stock Target Price and Analyst Consensus

MTRX Stock  USD 13.24  0.11  0.82%   
The current analyst and expert consensus on Matrix Service is Strong Buy, with only one strong buy opinion. The current projected Matrix Service target price consensus is 14.50 with 1 analyst opinions. Check out Macroaxis Advice on Matrix Service to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Matrix Service analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Matrix Service executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Matrix Service. We encourage you to use your own analysis of Matrix Service to validate this buy or sell advice. Matrix Service buy-or-sell recommendation module provides average expert sentiment on the projected Matrix Service target price to derive its highest and lowest estimates based on projected price volatility of 3.3131.
Lowest Forecast
13.2
Highest Forecast
16.1
Target Price
14.5
Gross Profit is likely to rise to about 66.3 M in 2024. Pretax Profit Margin is likely to rise to 0.07 in 2024. At this time, Matrix Service's Long Term Debt is fairly stable compared to the past year. Current Deferred Revenue is likely to rise to about 179.9 M in 2024, whereas Total Assets are likely to drop slightly above 309.6 M in 2024.
  
It's important to approach Matrix Service's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Matrix Service price targets

Matrix Service's stock target price is an estimate of its future price, usually made by analysts. Using Matrix Service's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Matrix Service's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Matrix Service's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Matrix Service Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Matrix Service is a key component of Matrix Service valuation and have some predictive power on the future returns of a Matrix Service.
Hype
Prediction
LowEstimatedHigh
9.9213.2116.50
Details
Intrinsic
Valuation
LowRealHigh
11.1814.4717.76
Details
Naive
Forecast
LowNextHigh
9.7613.0516.34
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.28-0.23-0.17
Details

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Additional Tools for Matrix Stock Analysis

When running Matrix Service's price analysis, check to measure Matrix Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.