How The Matrix Service (MTRX) Story Is Shifting With The New US$20 Fair Value Target

Matrix Service is back in focus after analysts updated their fair value work, with the price target moving from US$19.00 to US$20.00. Supportive voices see this new US$20.00 level as consistent with ...
Seeking Alpha

Matrix Service Company forecasts 17% revenue growth in fiscal 2026 amid organizational realignment and robust backlog

Hewitt projected fiscal year 2026 revenue between $875 million and $925 million, noting "at the midpoint of our guidance, approximately 85% of expected fiscal 2026 revenue is supported by backlog ...
Nasdaq

Matrix Service Company Reports Third Quarter Fiscal 2025 Results with Revenue Growth and Increased Backlog

Matrix Service Company reported its third-quarter fiscal 2025 results, revealing a total backlog of $1.4 billion, up 7.7% from the previous quarter, and project awards of $301.2 million, yielding a ...
Seeking Alpha

Matrix Service Company lowers FY 2025 revenue guidance amid project delays, anticipates 40% H2 growth

CEO John Hewitt emphasized strong organic revenue growth in the company's Storage and Terminal Solutions and Utility and Power Infrastructure segments during Q2. However, delays in awarding a major ...
Nasdaq

Matrix Composites Reports Strong FY24 Growth and Outlook

Unlock your investing potential with TipRanks Premium - Now At 40% OFF! Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Matrix Composites & Engineering Ltd ...