La cadena de opciones muestra datos clave de las opciones de acciones de Matrix Service a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Matrix Service..

Matrix Service (NASDAQ:MTRX) Bolsa, Cadena de Opciones

Matrix Service

Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.

EVAX

IDAI

INTZ

LIDR

LKCO

LUXH

MGIH

MLGO

MRBK

MTRX

NEUP

ONDS

QRHC

RVSN

SLDP

VIRX

WTBA

Descubre las acciones que lideran los movimientos en la apertura del mercado, incluyendo repuntes destacados y caídas sorprendentes.

Acciones de Evaxion Biotech (EVAX) suben alrededor del 62%; 20 acciones que se mueven en el premercado

Earnings

News

Pre-Market Outlook

Markets

Trading Ideas

BlackSky Technology Inc. Class A Common Stock

BKSY

HYZN

ORCL

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este lunes: ORCL, BKSY, AVO, HYZN y MTRX.

5 acciones en el foco este lunes: ORCL, BKSY, AVO, HYZN y MTRX

Matrix Service Co

Shares of Evaxion Biotech A/S (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVAX#NASDAQ">EVAX</a>) rose sharply in today's pre-market trading after the company applied for a patent for vaccines targeting <a href="https://www.benzinga.com/quote/EVAX/news">Neisseria gonorrhoeae</a>.
Evaxion Biotech shares jumped 62% to $1.37 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Intrusion Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) gained 177% to $1.23 in pre-market trading after surging around 22% on Thursday.</li>
<li>SES AI Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) gained 79.6% to $2.55 in pre-market trading after gaining 100% on Thursday.</li>
<li>Rail Vision Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVSN#NASDAQ">RVSN</a>) shares jumped 56.4% to $1.21 in pre-market trading after jumping 68% on Thursday.</li>
<li>Solid Power, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>) gained 41.5% to $2.76 in pre-market trading after jumping around 30% on Thursday.</li>
<li>Quantum-Si incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSI#NASDAQ">QSI</a>) rose 38.2% to $2.97 in pre-market trading after gaining around 65% on Thursday.</li>
<li>AEye, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) gained 36.7% to $1.75 in pre-market trading after surging around 13% on Thursday.</li>
<li>T Stamp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) gained 29.5% to $0.6999 in pre-market trading after gaining more than 21% on Thursday.</li>
<li>Ondas Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) rose 26.6% to $3.18 in pre-market trading after climbing around 24% on Thursday.</li>
<li>Kingsoft Cloud Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) gained 17.7% to $12.01 in pre-market trading after gaining over 14% on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Viracta Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRX#NASDAQ">VIRX</a>) fell 21.8% to $0.1851 in pre-market trading as the company said its board has initiated a process to explore a broad range of strategic alternatives. The company announced plans to close its ongoing pivotal Phase 2 clinical trial of Nana-val in Relapsed/Refractory EBV + Lymphomas.</li>
<li>Meridian Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRBK#NASDAQ">MRBK</a>) shares tumbled 20.5% to $11.00 in pre-market trading.</li>
<li>Quest Resource Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRHC#NASDAQ">QRHC</a>) declined 19.4% to $5.00 in pre-market trading after jumping around 5% on Thursday.</li>
<li>Millennium Group International Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGIH#NASDAQ">MGIH</a>) shares dipped 14.5% to $2.5400 in pre-market trading after surging 94% on Thursday.</li>
<li>MicroAlgo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares fell 10.5% to $2.55 in pre-market trading after surging over 62% on Thursday.</li>
<li>Neuphoria Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEUP#NASDAQ">NEUP</a>) fell 10.4% to $3.99 in pre-market trading after dipping over 32% on Thursday.</li>
<li>West Bancorporation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTBA#NASDAQ">WTBA</a>) shares fell 9.6% to $20.00 in pre-market trading.</li>
<li>LuxUrban Hotels Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUXH#NASDAQ">LUXH</a>) fell 9.2% to $0.8999 in today's pre-market trading after gaining over 3% on Thursday.</li>
<li>Luokung Technology Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKCO#NASDAQ">LKCO</a>) dipped 9.1% to $1.69 in pre-market trading after gaining over 8% on Thursday.</li>
<li>Matrix Service Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) fell 8.9% to $11.14 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42698100/constellium-viracta-therapeutics-and-3-stocks-to-watch-heading-into-friday">Constellium, Viracta Therapeutics And 3 Stocks To Watch Heading Into Friday</a></li>
</ul>

Why Evaxion Biotech Shares Are Trading Higher By Around 62%; Here Are 20 Stocks Moving Premarket

Contracts

Matrix Service Says Awarded Engineering, Fabrication, And Construction Work For Inner Steel Tank Scope Of Work On Full Containment Storage Tank For Delaware River Partners In Gibbstown, New Jersey

Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) reported quarterly losses of $(0.33) per share which missed the analyst consensus estimate of $(0.32) by 3.13 percent. The company reported quarterly sales of $165.579 million which missed the analyst consensus estimate of $169.498 million by 2.31 percent. This is a 16.23 percent decrease over sales of $197.659 million the same period last year.

Earnings Misses

Matrix Service Q1 2025 Adj. EPS $(0.33) Misses $(0.32) Estimate, Sales $165.579M Miss $169.498M Estimate

Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) affirms FY2025 sales outlook from $900.00 million-950.00 million to $900.00 million-950.00 million.

Guidance

Matrix Service Affirms FY2025 Sales Guidance from $900.00M-950.00M to $900.00M-950.00M

WIIM

IESC

MYRG

ROAD

STRL

Shares of construction and engineering companies are trading higher after Donald Trump won the 2024 presidential election.

DA Davidson analyst Brent Thielman maintains Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) with a Buy and maintains $18 price target.

Price Target

Analyst Ratings

DA Davidson Maintains Buy on Matrix Service, Maintains $18 Price Target

Matrix Service shares are trading higher after the company reported better-than-expected Q4 adjusted EPS results.

Matrix Services Sees FY25 Revenue $900M-$950M

Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.21) by 33.33 percent. The company reported quarterly sales of $189.499 million which missed the analyst consensus estimate of $202.805 million by 6.56 percent. This is a 7.94 percent decrease over sales of $205.854 million the same period last year.

Earnings Beats

Matrix Service Q4 2024 Adj. EPS $(0.14) Beats $(0.21) Estimate, Sales $189.499M Miss $202.805M Estimate

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the &#8220;Fear&#8221; zone on Friday.
U.S. stocks settled lower on Friday, with the S&amp;P 500 logging its worst week since March 2023. Megacap tech stocks moved lower with investors dumping risk assets. Shares of Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) dipped 3.7%, while Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) shares tumbled 4.1% during the session. Shares of NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) dipped 4.1% on Friday.
On the economic data front, the U.S. economy added 142,000 jobs in August versus a revised 89,000 gain in July, but down from market estimates of 160,000. The unemployment rate fell to 4.2% in August from 4.3% in the previous month. Average hourly earnings for all employees rose by 0.4% to $35.21 in August compared to a 0.2% gain in July.
Most sectors on the S&amp;P 500 closed on a negative note, with communication services, information technology and consumer discretionary stocks recording the biggest losses on Friday. However, real estate stocks bucked the overall market trend, closing the session slightly higher.
The Dow Jones closed lower by around 410 points to 40,345.41 on Friday. The S&amp;P 500 fell 1.73% to 5,408.42, while the Nasdaq Composite dipped 2.55% to 16,690.83 during Friday's session.
Investors are awaiting earnings results from Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), Mission Produce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) and Matrix Service Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 39.3, the index moved to the &#8220;Greed&#8221; zone on Friday, versus a prior reading of 47.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40748893/over-40m-bet-on-pbf-energy-check-out-these-4-stocks-executives-are-buying">Over $40M Bet On PBF Energy? Check Out These 4 Stocks Executives Are Buying</a></li>
</ul>

Equities

General

AMZN

GOOG

GOOGL

NVDA

S&P 500 Records Largest Weekly Decline Since March 2023 As Nvidia, Google Tumble: Fear & Greed Index Moves To 'Fear' Zone

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Oracle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) to report quarterly earnings at $1.32 per share on revenue of $13.23 billion after the closing bell. Oracle shares fell 0.2% to $141.49 in after-hours trading.</li>
<li>BlackSky Technology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKSY#NYSE">BKSY</a>) shares surged in after-hours trading on Friday after BlackSky Geospatial Solutions was named in a NASA Commercial SmallSat Services Award. BlackSky Technology shares climbed 13.8% to $0.8840 in the after-hours trading session.</li>
<li>Analysts are expecting Mission Produce, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) to post quarterly earnings at 3 cents per share on revenue of $230.95 million. The company will release earnings after the markets close. Mission Produce shares fell 1.1% to $10.61 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Hyzon Motors Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>) announced a 1-for-50 reverse stock split, effective Sept. 11, 2024. Hyzon shares fell 15.5% to $0.0549 in the after-hours trading session.</li>
<li>Analysts expect Matrix Service Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) to report a quarterly loss at 21 cents per share on revenue of $202.81 million after the closing bell. Matrix Service shares fell 0.5% to close at $9.37 on Friday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40748893/over-40m-bet-on-pbf-energy-check-out-these-4-stocks-executives-are-buying">Over $40M Bet On PBF Energy? Check Out These 4 Stocks Executives Are Buying</a></li>
</ul>

Oracle, Mission Produce And 3 Stocks To Watch Heading Into Monday

ReNew Energy Global PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rnw#NASDAQ">RNW</a>) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced earnings of $0.02, delivering a surprise of 133.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
ReNew Energy Global, which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $299 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 13.23%. This compares to year-ago revenues of $300 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
ReNew Energy Global shares have lost about 23.8% since the beginning of the year versus the S&amp;P 500&#39;s gain of 14.4%.
<h2>What&#39;s Next for ReNew Energy Global?</h2>
While ReNew Energy Global has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ReNew Energy Global: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.14 on $382 million in revenues for the coming quarter and $0.13 on $1.33 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Alternative Energy - Other is currently in the bottom 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Oils-Energy sector, Matrix Service (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtrx#NASDAQ">MTRX</a>), has yet to report results for the quarter ended June 2024.
This energy services company is expected to post quarterly loss of $0.21 per share in its upcoming report, which represents a year-over-year change of -90.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Matrix Service&#39;s revenues are expected to be $215.61 million, up 4.7% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2322753/renew-energy-global-plc-rnw-reports-break-even-earnings-for-q1?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2322753">To read this article on Zacks.com click here.</a>

Mid Cap

Small Cap

ReNew Energy Global PLC Reports Break-Even Earnings for Q1

<h3>Gainers</h3>
<ul>
<li>Multi Ways Holdings (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MWG#AMEX">MWG</a>) shares rose 11.1% to $0.43 during Thursday's regular session. The market value of their outstanding shares is at $13.2 million. </li>
<li>LiqTech Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIQT#NASDAQ">LIQT</a>) shares moved upwards by 10.04% to $2.41. The company's market cap stands at $13.9 million. </li>
<li>FTC Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) stock moved upwards by 8.5% to $0.33. The market value of their outstanding shares is at $41.4 million. </li>
<li>Shapeways Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPW#NASDAQ">SHPW</a>) stock moved upwards by 5.31% to $0.28. The company's market cap stands at $1.8 million. </li>
<li>NeoVolta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEOV#NASDAQ">NEOV</a>) shares increased by 5.25% to $2.4. The market value of their outstanding shares is at $79.7 million. </li>
<li>Byrna Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYRN#NASDAQ">BYRN</a>) shares moved upwards by 4.96% to $10.35. The company's market cap stands at $235.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) shares decreased by 12.2% to $0.16 during Thursday's regular session. The market value of their outstanding shares is at $10.4 million. </li>
<li>Sunrise New Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EPOW#NASDAQ">EPOW</a>) shares decreased by 5.24% to $0.83. The company's market cap stands at $21.7 million. </li>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) shares fell 3.73% to $0.17. The market value of their outstanding shares is at $23.0 million. </li>
<li>Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) stock fell 3.7% to $8.86. The market value of their outstanding shares is at $241.9 million. </li>
<li>Palladyne AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDYN#NASDAQ">PDYN</a>) stock declined by 3.46% to $1.66. The market value of their outstanding shares is at $44.0 million. </li>
<li>FTAI Infrastructure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIP#NASDAQ">FIP</a>) stock fell 3.2% to $9.1. The company's market cap stands at $925.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

BYRN

Sunrise New Energy Co., Ltd - Ordinary Shares

EPOW

FTCI

LIQT

NCNC

NEOV

PDYN

SHPW

ZCAR

12 Industrials Stocks Moving In Thursday's Intraday Session

Matrix Service Company Added To Russell 3000 Index, Effective After U.S. Markets Closed On June 28, 2024

Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) reported quarterly losses of $(0.53) per share which missed the analyst consensus estimate of $(0.13) by 307.69 percent. This is a 15.22 percent decrease over losses of $(0.46) per share from the same period last year. The company reported quarterly sales of $166.013 million which missed the analyst consensus estimate of $195.289 million by 14.99 percent. This is a 11.17 percent decrease over sales of $186.895 million the same period last year.

Matrix Service Q3 2024 Adj EPS $(0.53) Misses $(0.13) Estimate, Sales $166.013M Miss $195.289M Estimate

Shares of Take-Two Interactive Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ttwo#NASDAQ">TTWO</a>) fell sharply during Friday&rsquo;s session following third-quarter results.
Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.
Take-Two Interactive Software shares dipped 8.8% to $154.69 on Friday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Sunworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>) shares jumped 267% to $0.1990. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware.</li>
<li>TOP Financial Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/top#NASDAQ">TOP</a>) gained 87.55% to $6.13.</li>
<li>NanoString Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nstg#NASDAQ">NSTG</a>) shares climbed 66% to $0.1932 after the company disclosed completion of financing to support restructuring process.</li>
<li>Intelligent Bio Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inbs#NASDAQ">INBS</a>) jumped 47.3% to $4.24 following second-quarter results.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) shares climbed 46% to $1.6099 after jumping over 16% on Thursday.</li>
<li>Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) gained 45.5% to $0.6851 after surging around 24% on Thursday.</li>
<li>Green Giant Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gge#NASDAQ">GGE</a>) shares rose 44.4% to $0.0535 after gaining 25% on Thursday.</li>
<li>Better Choice Company Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bttr#NYSE">BTTR</a>) gained 35% to $0.2379. Better Choice acquired Aimia Pet Healthco.</li>
<li>Masonite International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/door#NYSE">DOOR</a>) surged 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.</li>
<li>Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) rose 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.</li>
<li>CleanSpark, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) shares gained 22% to $12.81 after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.</li>
<li>Centessa Pharmaceuticals plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cnta#NASDAQ">CNTA</a>) climbed 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-weeks continuous treatment data from third year ongoing Phase 2a study of SerpinPC for treatment of hemophilia at 17th Annual Congress of European Association for Haemophilia and Allied Disorders.</li>
<li>IGM Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/igms#NASDAQ">IGMS</a>) gained 19.2% to $15.44.</li>
<li>Streamline Health Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/strm#NASDAQ">STRM</a>) rose 18.8% to $0.4814.</li>
<li>Natural Grocers by Vitamin Cottage, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngvc#NYSE">NGVC</a>) gained 18.2% to $17.51 following quarterly results.</li>
<li>Soho House &amp; Co Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shco#NYSE">SHCO</a>) rose 15.7% to $5.79. Soho House announced its board evaluated certain strategic transactions in the fall of 2023.</li>
<li>Iris Energy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iren#NASDAQ">IREN</a>) gained 13.1% to $5.77.</li>
<li>Matrix Service Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtrx#NASDAQ">MTRX</a>) rose 13.1% to $12.82.</li>
<li>Terns Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tern#NASDAQ">TERN</a>) gained 12.6% to $7.07.</li>
<li>Central Garden &amp; Pet Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cent#NASDAQ">CENT</a>) rose 10.4% to $43.03. Central Garden &amp; Pet reported better-than-expected first-quarter financial results.</li>
<li>Impinj, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pi#NASDAQ">PI</a>) gained 10.2% to $117.18 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.</li>
<li>Ocular Therapeutix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocul#NASDAQ">OCUL</a>) rose 8.2% to $5.44. B of A Securities analyst Tazeen Ahmad initiated coverage on Ocular Therapeutix with a Buy rating and announced a price target of $15.</li>
<li>Mueller Water Products, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mwa#NYSE">MWA</a>) gained 8% to $14.99 following upbeat results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Synlogic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sybx#NASDAQ">SYBX</a>) fell 53.3% to $1.61 after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.</li>
<li>The Children&#39;s Place, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plce#NASDAQ">PLCE</a>) shares fell 52.7% to $9.34 after the company said it expects fourth-quarter net sales to be roughly $454 million to $456 million, versus its prior guidance of $460 million to $465 million, and below the estimate of $462.88 million.</li>
<li>BioXcel Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btai#NASDAQ">BTAI</a>) fell 33.7% to $2.4882 after the company announced a proposed public offering.</li>
<li>Jin Medical International Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zjyl#NASDAQ">ZJYL</a>) declined 33.5% to $8.62.</li>
<li>EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) fell 32% to $0.4275 after posting weak quarterly results.</li>
<li>MicroAlgo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlgo#NASDAQ">MLGO</a>) declined 31% to $0.7172.</li>
<li>Renalytix Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rnlx#NASDAQ">RNLX</a>) shares fell 30% to $0.3791 after climbing over 96% on Thursday.</li>
<li>Lantronix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltrx#NASDAQ">LTRX</a>) fell 28.8% to $4.1350 following weak sales.</li>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares declined 27.4% to $20.81 after jumping over 59% on Thursday. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.</li>
<li>eGain Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/egan#NASDAQ">EGAN</a>) fell 24.4% to $5.77 following second-quarter results.</li>
<li>AMC Networks Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amcx#NASDAQ">AMCX</a>) declined 19.1% to $13.78 following weak earnings.</li>
<li>Virco Mfg. Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/virc#NASDAQ">VIRC</a>) dipped 18.6% to $9.48.</li>
<li>Expedia Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/expe#NASDAQ">EXPE</a>) declined 17.6% to $131.38 after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.</li>
<li>Adlai Nortye Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anl#NASDAQ">ANL</a>) fell 12.3% to $7.50.</li>
<li>Newell Brands Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwl#NASDAQ">NWL</a>) declined 11.8% to $7.45 following quarterly results.</li>
<li>Pinterest, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pins#NYSE">PINS</a>) shares declined 11.4% to $36.07. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.</li>
<li>BILL Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bill#NYSE">BILL</a>) fell 11% to $67.40 following quarterly results.</li>
<li>Affirm Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afrm#NASDAQ">AFRM</a>) shares fell 10.6% to $43.98 after the company reported second-quarter financial results.</li>
<li>IBEX Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibex#NASDAQ">IBEX</a>) fell 10.2% to $15.61.</li>
<li>Sensient Technologies Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sxt#NYSE">SXT</a>) fell 9.6% to $56.62 following weak earnings.</li>
<li>Owens Corning (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oc#NYSE">OC</a>) fell 6.9% to $148.43 after the company announced an agreement to acquire Masonite for $3.9 billion.</li>
<li>Magna International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mga#NYSE">MGA</a>) declined 6.5% to $54.89 after the company reported mixed quarterly results.</li>
<li>Illumina, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilmn#NASDAQ">ILMN</a>) shares declined 2.7% to $139.45 following fourth-quarter results.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37034937/bitcoin-surpasses-47-000-thorchain-emerges-as-top-gainer"> Bitcoin Tops $47,000; THORChain Emerges As Top Gainer </a>

Penny Stocks

Intraday Update

AFRM

AMCX

BILL

BTAI

BTTR

CENT

CLSK

CNTA

DOOR

EGAN

EMKR

EXPE

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

IBEX

IGMS

ILAG

ILMN

Intelligent Bio Solutions Inc. - Common Stock

INBS

IREN

LTRX

NGVC

NSTG

OCUL

PINS

PLCE

RNLX

SHCO

STRM

SUNW

SYBX

TCBP

TERN

TTWO

VIRC

ZJYL

Why Take-Two Interactive Software Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Friday's Mid-Day Session

U.S. stocks traded mixed, with the Nasdaq Composite gaining around 100 points on Friday.
Shares of SPS Commerce, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spsc#NASDAQ">SPSC</a>) rose sharply during Friday&rsquo;s session <a href="https://www.benzinga.com/quote/SPSC/earnings">following upbeat results</a>.
SPS Commerce posted adjusted earnings of 75 cents per share, beating market estimates of 69 cents per share. The company&rsquo;s quarterly sales came in at $144.97 million versus expectations of $143.09 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
SPS Commerce shares jumped 10.2% to $202.57 on Friday.
Here are some other big stocks recording gains in today&rsquo;s session.
<ul>
<li>Masonite International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/door#NYSE">DOOR</a>) gained 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.</li>
<li>Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) jumped 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.</li>
<li>CleanSpark, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) shares rose 22% to $12.81 after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.</li>
<li>Centessa Pharmaceuticals plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cnta#NASDAQ">CNTA</a>) gained 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-weeks continuous treatment data from third year ongoing Phase 2a study of SerpinPC for treatment of hemophilia at 17th Annual Congress of European Association for Haemophilia and Allied Disorders.</li>
<li>IGM Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/igms#NASDAQ">IGMS</a>) climbed 19.2% to $15.44.</li>
<li>Natural Grocers by Vitamin Cottage, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngvc#NYSE">NGVC</a>) rose 18.2% to $17.51 following quarterly results.</li>
<li>Soho House &amp; Co Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shco#NYSE">SHCO</a>) surged 15.7% to $5.79. Soho House announced its board evaluated certain strategic transactions in the fall of 2023.</li>
<li>Matrix Service Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtrx#NASDAQ">MTRX</a>) gained 13.1% to $12.82.</li>
<li>Central Garden &amp; Pet Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cent#NASDAQ">CENT</a>) gained 10.4% to $43.03. Central Garden &amp; Pet reported better-than-expected first-quarter financial results.</li>
<li>Impinj, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pi#NASDAQ">PI</a>) rose 10.2% to $117.18 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.</li>
<li>Blue Owl Capital Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/owl#NYSE">OWL</a>) gained 8.8% to $17.83 following upbeat results.</li>
<li>Ocular Therapeutix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocul#NASDAQ">OCUL</a>) shares surged 8.2% to $5.44. B of A Securities analyst Tazeen Ahmad initiated coverage on Ocular Therapeutix with a Buy rating and announced a price target of $15.</li>
<li>Mueller Water Products, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mwa#NYSE">MWA</a>) rose 8% to $14.99 following upbeat results.</li>
<li>UiPath Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/path#NYSE">PATH</a>) climbed 7.4% to $26.16.</li>
<li>Lumentum Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lite#NASDAQ">LITE</a>) gained 7.4% to $49.10. Lumentum Holdings recently posted upbeat earnings.</li>
<li>Power Integrations, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/powi#NASDAQ">POWI</a>) rose 7.1% to $83.87 following better-than-expected earnings.</li>
<li>C3.ai, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ai#NYSE">AI</a>) gained 7% to $28.74.</li>
<li>Arvinas, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/arvn#NYSE">ARVN</a>) climbed 6.6% to $51.49.</li>
<li>DigitalOcean Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/docn#NYSE">DOCN</a>) gained 6.6% to $39.15.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37032577/top-5-health-care-stocks-that-are-preparing-to-pump-in-february"> Top 5 Health Care Stocks That Are Preparing To Pump In February</a>

ARVN

DOCN

LITE

PATH

POWI

SPSC

SPS Commerce Posts Upbeat Results, Joins Masonite International, Impinj And Other Big Stocks Moving Higher On Friday

<h3>Gainers</h3>
<ul>
<li>Roma Green Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) stock rose 31.6% to $1.01 during Thursday's regular session. The company's market cap stands at $10.5 million. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) shares rose 23.67% to $2.33. The market value of their outstanding shares is at $68.1 million. </li>
<li>Matrix Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>) shares moved upwards by 23.66% to $11.39. The market value of their outstanding shares is at $309.9 million. As per the news, the Q2 earnings report came out yesterday. </li>
<li>Velo3D (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLD#NYSE">VLD</a>) shares moved upwards by 19.82% to $0.24. The company's market cap stands at $62.0 million. </li>
<li>Erayak Power Solution Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAYA#NASDAQ">RAYA</a>) shares moved upwards by 19.51% to $0.7. The market value of their outstanding shares is at $8.4 million. </li>
<li>Sunworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SUNW#NASDAQ">SUNW</a>) stock increased by 14.64% to $0.06. The company's market cap stands at $3.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Insperity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSP#NYSE">NSP</a>) shares decreased by 18.1% to $92.62 during Thursday's regular session. The company's market cap stands at $3.4 billion. The company's, Q4 earnings came out today. </li>
<li>REV Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REVG#NYSE">REVG</a>) shares fell 13.61% to $16.89. The market value of their outstanding shares is at $1.0 billion. </li>
<li>KULR Tech Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/KULR#AMEX">KULR</a>) stock declined by 12.57% to $0.12. The market value of their outstanding shares is at $15.3 million. </li>
<li>Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) stock decreased by 11.6% to $1.22. The market value of their outstanding shares is at $57.1 million. </li>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock declined by 11.42% to $0.29. The company's market cap stands at $5.3 million. </li>
<li>Pineapple Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) shares decreased by 10.53% to $0.09. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CSLR

KULR

PEGY

RAYA

REVG

ROMA

SGBX

VSTE

In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Matrix Service Company (MTRX – Research Report). The compa...

Matrix Service Company (MTRX) Receives a Rating Update from a Top Analyst

D.A. Davidson analyst Brent Thielman maintained a Buy rating on Matrix Service Company (MTRX – Research Report) today. The company's shares closed ...

D.A. Davidson Sticks to Its Buy Rating for Matrix Service Company (MTRX)

Long Cast Advisers Q3 2024 Letter

Matrix Service Non-GAAP EPS of -$0.33 misses by $0.01, revenue of $165.57M misses by $3.93M

Matrix Service ( ($MTRX) ) has released its Q1 earnings. Here is a breakdown of the information Matrix Service presented to its investors. Matrix S...

Matrix Service Company Reports Q1 Fiscal 2025 Results

Matrix Service Company (MTRX) Q1 2025 Earnings Call Transcript

Matrix Service (MTRX) announced that it has been awarded engineering, fabrication, and construction work for the inner steel tank scope of work on ...

Matrix Service announces contract award in New Jersey

Concrete Pumping Holdings: Shares Are Too Cheap To Ignore (Rating Upgrade)

As the global energy landscape evolves, the combination of favorable commodity pricing and increasing energy demand rallies energy stocks. Given this backdrop, it might be wise to consider investing in three undervalued energy stocks: Weatherford International (WFRD), VAALCO Energy. (EGY), and Matrix Service Co (MTRX) for long-term growth. Read on… Energy stocks have been under the spotlight as global energy demand continues to rise while valuations in the sector remain attractive. Despite strong earnings and cash flows, many oil, gas, and renewable companies are trading at discounted valuations.
Therefore, investors looking to invest in undervalued energy stocks might consider adding Weatherford International plc (<a href="https://stocknews.com/stock/WFRD/">WFRD</a>), VAALCO Energy, Inc. (<a href="https://stocknews.com/stock/EGY/">EGY</a>), and Matrix Service Company (<a href="https://stocknews.com/stock/MTRX/">MTRX</a>), which are poised for potential growth.
In 2025, the energy sector, particularly traditional oil and gas companies, stands to <a href="https://www.fidelity.com/learning-center/trading-investing/outlook-energy">benefit from rising commodity prices</a> driven by tight supply and recovering global demand, increased geopolitical risks, and a new investment wave in offshore production. Many undervalued energy companies leverage this demand rebound while improving operational efficiencies to drive profitability.
The offshore drilling market is poised to grow at a <a href="https://www.openpr.com/news/3722785/offshore-drilling-global-market-2024-major-drivers-analysis">CAGR of 8.4%</a>, reaching a market value of $46.27 billion in 2028. With the growing population, the rising demand for natural gas and oil is the reason for such growth.
With the sector shifting towards more capex-intensive technologies, such as renewables, higher investments are expected. The transition to cleaner energy sources is creating investment opportunities in firms involved in solar, wind, and battery technologies. The energy sector investments are projected to <a href="https://www.mckinsey.com/industries/oil-and-gas/our-insights/global-energy-perspective-2023-energy-value-pools-outlook">reach $3.2 trillion by 2040</a>.
Looking ahead, the energy sector remains a compelling option for investors seeking value and growth. Let's discuss the fundamentals of the above-mentioned stocks in detail:
Weatherford International plc (<a href="https://stocknews.com/stock/WFRD/">WFRD</a>)
WFRD is an energy services company that provides equipment and services for drilling, evaluation, completion, production, and intervention in oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention.
On November 7, WFRD announced receiving an award for a three-year contract for providing rigless services as part of the reactivation of ADNOC onshore strings. Under this contract, ADNOC will be able to maximize well productivity while minimizing downtime and operational risks, leveraging WFRD's expertise.
In terms of forward GAAP P/E, WFRD is trading at 10.62x, 14.9% lower than the industry average of 12.47x. Likewise, the stock's forward EV/Sales and EV/EBIT multiples of 1.12 and 6.25 are 43.1% and 40.2% lower than their respective industry averages of 1.97 and 10.45.
For the fiscal 2024 third quarter that ended on September 30, WFRD's total revenues increased 7.3% year-over-year to $1.41 billion. Its operating income rose 11.5% year-over-year to $243 million. In addition, the company's net income amounted to $157 million, or $2.06 per share, reflecting increases of 27.6% and 24.1% year-over-year, respectively.
WFRD's adjusted EBITDA improved 16.4% from the prior year's value to $355 million. Also, its adjusted free cash flow grew 34.3% from the year-ago value to $184 million.
Street expects WFRD's revenue for the fiscal year (ending December 2024) to increase 8.6% year-over-year to $5.58 billion. Its EPS for the same period is expected to register a 22.7% growth from the prior year, settling at $6.95.
The stock has declined 3.1% intraday to close the last trading session at $71.48.
WFRD's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
WFRD has a B grade for Value and Quality. It is ranked #8 out of 76 stocks in the <a href="https://stocknews.com/category/energy-oil-gas/">Energy - Oil &amp; Gas</a> industry. <a href="https://stocknews.com/stock/WFRD/">Click here</a> to see the additional ratings for WFRD (Growth, Momentum, Stability, and Sentiment).
VAALCO Energy, Inc. (<a href="https://stocknews.com/stock/EGY/">EGY</a>)
EGY is an independent energy company with a diverse production, development, acquisition, and exploration portfolio of crude oil, natural gas, and natural gas liquids across Gabon, Egypt, Equatorial Guinea, and Canada.
On December 11, EGY announced executing a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Limited (<a href="https://stocknews.com/stock/BORR/">BORR</a>), to drill multiple development wells and appraisal/exploration wells. This contract is in conjunction with EGY's drilling program to enhance production and add reserves.
In terms of forward non-GAAP P/E, EGY is trading at 5.64x, 52.5% lower than the industry average of 11.88x. Likewise, the stock's forward EV/Sales and Price/Cash Flow multiples of 0.98 and 3.00 are 50.5% and 4.7% lower than the industry averages of 1.97x and 5.33x, respectively.
During the third quarter that ended on September 30, 2024, EGY's revenue increased 20.7% year-over-year to $140.33 million. The company's operating income came in at $44.08 million, reflecting an increase of 24% from the prior-year quarter. Its adjusted net income amounted to $7.93 million or $0.08 per share, up 6.2% and 14.3% year-over-year. Also, adjusted EBITDAX grew 30% from the year-ago value to $92.76 million.
The consensus revenue estimate of $121.34 million for the fiscal first quarter (ending March 2025) represents a 21.2% increase year-over-year. The consensus EPS estimate of $0.10 for the same quarter indicates a 42.9% improvement year-over-year. The company has an excellent surprise history; it surpassed the consensus revenue and EPS estimates in three of the trailing four quarters.
EGY shares have surged 2.9% over the past year to close the last trading session at $4.60.
EGY's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It also has an A grade for Quality and a B for Value. Within the Energy - Oil &amp; Gas industry, it is ranked #11 out of 76 stocks. <a href="https://stocknews.com/stock/EGY/">Click here</a> to see EGY's ratings for Growth, Momentum, Stability, and Sentiment.
Matrix Service Company (<a href="https://stocknews.com/stock/MTRX/">MTRX</a>)
MTRX provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets internationally. The company operates through three segments: Storage and Terminal Solutions; Utility and Power Infrastructure; and Process and Industrial Facilities.
On November 12, MTRX was awarded engineering, fabrication, and construction work for the inner steel tank scope of work on a 100,000 m3 full containment storage tank with Cashman Preload Cryogenics for Delaware River Partners. This award should help expand the company's global footprint.
In terms of forward EV/Sales, MTRX is trading at 0.29x, which is 85.5% lower than the industry average of 2.00x. The stock's forward Price/Sales ratio of 0.40x is 74.3% below the industry average of 1.56x.
MTRX's revenue for the first quarter of 2025, which ended on September 30, amounted to $165.58 million. Its gross profit for the quarter came in at $7.81 million. As of September 30, 2024, MTRX's cash and cash equivalents reached $124.61 million, with total assets amounting to $470.16 million as of September 30, 2024.
Analysts expect MTRX's revenue for the fiscal year 2026 (ending June 2026) to grow by 13.8% from the prior year to $1.04 billion, and its EPS for the same period is expected to come in at $1.04.
Over the past year, the stock has surged 25.6%, closing the last trading session at $12.83.
It's no surprise that MTRX has an overall rating of B, equating to a Buy in our POWR Ratings system. It has a B grade for Value and Momentum. Out of 53 stocks in the <a href="https://stocknews.com/category/energy-services/">Energy - Services</a> industry, MTRX is ranked #9.
Beyond what is stated above, we've also rated MTRX for Growth, Stability, Sentiment, and Quality. Get all MTRX ratings <a href="https://stocknews.com/stock/MTRX/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
WFRD shares were trading at $71.88 per share on Tuesday afternoon, down $1.86 (-2.52%). Year-to-date, WFRD has declined -26.13%, versus a 28.14% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/wfrd-egy-mtrx-borr-3-undervalued-energy-stocks-with-room-to-rally/>3 Undervalued Energy Stocks With Room to Rally</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Undervalued Energy Stocks With Room to Rally

AAPL

BBCP

BORR

BWMN

CCRD

ENVX

PDEX

PESI

SLND

SNES

WFRD

Press Releases

Matrix Service Company to Participate at Upcoming Stifel Cross-Sector Insight Conference

Matrix Service Company Set to Join Russell 3000® Index

Matrix Service Company Sets Dates for Release of Fourth Quarter and Fiscal 2024 Financial Results and Conference Call

Matrix Service Company to Participate at the Upcoming D. A. Davidson 23rd Annual Diversified Industrials & Services Conference

Matrix Service Company Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Issues Fiscal 2025 Revenue Guidance

Matrix Service Company Publishes Fiscal 2024 Sustainability Report

Matrix Service Company Sets Dates for Release of First Quarter Fiscal 2025 Financial Results and Conference Call

Matrix Service Company Reports Fiscal Year 2025 First Quarter Results, Reaffirms Full Year Revenue Guidance

LSB Industries, Inc. Appoints John Chandler as an Independent Member of the Board of Directors

Matrix Service Company Announces Award for Large, Dual Service Full Containment Storage Tank for Delaware River Partners Along the East Coast

CNNX

USAC

Argan

Ameresco

Concrete Pumping Holdings, Inc. - Common Stock

Concrete Pumping Holdings

Bowman Consulting Group Ltd. - Common Stock

Bowman Consulting Group

Cadeler A/S American Depositary Share (each representing four (4) Ordinary Shares)

Comments

Matrix Service

Matrix Service (MTRX) Opciones

Matrix Service (NASDAQ:MTRX) Bolsa, Cadena de Opciones

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL