FY2026 Earnings Estimate for Matrix Service Issued By Sidoti

Key Points

• Sidoti cut its FY2026 EPS estimate for Matrix Service to $0.18 (from $0.24), below the consensus $0.24 and forecasting Q4 FY2026 EPS of $0.14.
• Matrix's most recent quarter (reported Feb. 4) missed expectations with EPS of -$0.02 versus $0.04 expected and revenue of $210.5M versus $215.4M, leaving a negative net margin (‑2.30%) and negative ROE (‑8.56%).
• MTRX trades around $13.41 with a market cap of $377M, while analysts' ratings are mixed but average a "Moderate Buy" and a $20.50 price target.

Matrix Service Company (NASDAQ:MTRX - Free Report) - Investment analysts at Sidoti cut their FY2026 earnings per share estimates for Matrix Service in a research note issued on Monday, May 4th. Sidoti analyst J. Franzreb now anticipates that the company will post earnings per share of $0.18 for the year, down from their previous estimate of $0.24. The consensus estimate for Matrix Service's current full-year earnings is $0.24 per share. Sidoti also issued estimates for Matrix Service's Q4 2026 earnings at $0.14 EPS.

Matrix Service (NASDAQ:MTRX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.06). The company had revenue of $210.51 million for the quarter, compared to analysts' expectations of $215.42 million. Matrix Service had a negative net margin of 2.30% and a negative return on equity of 8.56%.

MTRX has been the subject of several other reports. DA Davidson reiterated a "buy" rating and set a $17.00 price target on shares of Matrix Service in a research report on Friday, February 6th. Northland Securities set a $24.00 price target on Matrix Service in a research report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Matrix Service in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $20.50.

Matrix Service Trading Down 0.8%

Shares of MTRX stock opened at $13.41 on Tuesday. The stock has a 50 day moving average of $11.51 and a 200 day moving average of $12.21. The stock has a market cap of $377.22 million, a P/E ratio of -19.72, a P/E/G ratio of 3.13 and a beta of 1.02. Matrix Service has a twelve month low of $9.88 and a twelve month high of $16.10.

Insider Buying and Selling

In other Matrix Service news, VP Nancy E. Austin sold 4,193 shares of the firm's stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $11.29, for a total value of $47,338.97. Following the sale, the vice president directly owned 106,138 shares of the company's stock, valued at approximately $1,198,298.02. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.40% of the company's stock.

Institutional Trading of Matrix Service

Several institutional investors have recently bought and sold shares of the business. State of Wyoming grew its holdings in Matrix Service by 4.2% in the third quarter. State of Wyoming now owns 17,401 shares of the company's stock valued at $228,000 after purchasing an additional 696 shares during the period. Sei Investments Co. grew its holdings in Matrix Service by 7.2% in the second quarter. Sei Investments Co. now owns 15,170 shares of the company's stock valued at $205,000 after purchasing an additional 1,025 shares during the period. BNP Paribas Financial Markets grew its holdings in Matrix Service by 68.9% in the second quarter. BNP Paribas Financial Markets now owns 2,530 shares of the company's stock valued at $34,000 after purchasing an additional 1,032 shares during the period. Pacific Ridge Capital Partners LLC grew its holdings in Matrix Service by 4.7% in the fourth quarter. Pacific Ridge Capital Partners LLC now owns 37,305 shares of the company's stock valued at $436,000 after purchasing an additional 1,670 shares during the period. Finally, Strs Ohio boosted its stake in shares of Matrix Service by 3.8% in the fourth quarter. Strs Ohio now owns 47,000 shares of the company's stock worth $550,000 after acquiring an additional 1,700 shares during the last quarter. 78.38% of the stock is owned by institutional investors and hedge funds.

About Matrix Service

Matrix Service Company NASDAQ: MTRX is a provider of engineered construction, fabrication and maintenance services to the energy, industrial and power markets. The firm offers a full suite of engineering, procurement and construction (EPC) solutions for clients in the oil and gas, petrochemical, refining, mining, fertilizer and power generation industries. Its capabilities span from front-end engineering design through plant commissioning, with specializations in modular process skid fabrication, structural steel erection and complex piping systems.

The company's service portfolio includes onshore and offshore pipe fabrication, equipment setting, industrial maintenance and shutdown services, electrical and instrumentation installation, and skid-mount and modular construction.

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