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Should Value Investors Buy Matrix Service (MTRX) Stock?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Matrix Service (MTRX - Free Report) . MTRX is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 10.28 right now. For comparison, its industry sports an average P/E of 29.67. MTRX's Forward P/E has been as high as 21.33 and as low as 10.28, with a median of 14.54, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. MTRX has a P/S ratio of 0.32. This compares to its industry's average P/S of 0.69.
Value investors will likely look at more than just these metrics, but the above data helps show that Matrix Service is likely undervalued currently. And when considering the strength of its earnings outlook, MTRX sticks out at as one of the market's strongest value stocks.
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Should Value Investors Buy Matrix Service (MTRX) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Matrix Service (MTRX - Free Report) . MTRX is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 10.28 right now. For comparison, its industry sports an average P/E of 29.67. MTRX's Forward P/E has been as high as 21.33 and as low as 10.28, with a median of 14.54, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. MTRX has a P/S ratio of 0.32. This compares to its industry's average P/S of 0.69.
Value investors will likely look at more than just these metrics, but the above data helps show that Matrix Service is likely undervalued currently. And when considering the strength of its earnings outlook, MTRX sticks out at as one of the market's strongest value stocks.