Matrix Service (MTRX) has disclosed a new risk, in the Capital Markets category.
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Matrix Service faces significant business risks due to changes in global trade policy and the impact of tariffs, which could materially affect its operations and financial performance. The recent imposition of tariffs by the U.S. and retaliatory measures by foreign governments have created a volatile trade environment. This could lead to increased costs and reduced availability of key raw materials like steel, potentially resulting in lower gross margins, operational inefficiencies, and project delays. While Matrix Service employs strategies to mitigate these risks, the inability to pass on increased costs could adversely impact its financial condition and customer demand.
The average MTRX stock price target is $16.00, implying 2.50% upside potential.
To learn more about Matrix Service’s risk factors, click here.