Matrix Service (MTRX) Projected to Post Earnings on Wednesday

Key Points

• Q3 2026 results due after the close on Wednesday, May 6 — analysts project EPS $0.07 and $229.34M in revenue, with an earnings call scheduled for Thursday, May 7 at 10:30 AM ET.
• Matrix Service recently missed estimates, reporting ($0.02) EPS and $210.51M revenue in the prior quarter (consensus $0.04), and currently carries analyst expectations of $0 EPS for this fiscal year and $1 for next year.
• The stock trades near $12.93 (12‑month range $9.88–$16.10) with a $363.8M market cap; consensus rating is a Moderate Buy with an average price target of $20.50, while insiders have sold and institutions own about 78.4% of shares.

Matrix Service (NASDAQ:MTRX - Get Free Report) is anticipated to release its Q3 2026 results after the market closes on Wednesday, May 6th. Analysts expect Matrix Service to post earnings of $0.07 per share and revenue of $229.34 million for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:30 AM ET.

Matrix Service (NASDAQ:MTRX - Get Free Report) last released its earnings results on Wednesday, February 4th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.06). Matrix Service had a negative net margin of 2.30% and a negative return on equity of 8.56%. The company had revenue of $210.51 million for the quarter, compared to analyst estimates of $215.42 million. On average, analysts expect Matrix Service to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Matrix Service Stock Up 1.0%

Matrix Service stock opened at $12.93 on Wednesday. Matrix Service has a 12-month low of $9.88 and a 12-month high of $16.10. The firm's fifty day moving average is $11.42 and its 200 day moving average is $12.20. The company has a market capitalization of $363.75 million, a PE ratio of -19.02, a PEG ratio of 2.96 and a beta of 0.94.

Analyst Ratings Changes

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

Insider Buying and Selling

In other Matrix Service news, VP Nancy E. Austin sold 4,193 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $11.29, for a total transaction of $47,338.97. Following the completion of the sale, the vice president owned 106,138 shares in the company, valued at approximately $1,198,298.02. The trade was a 3.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 4.40% of the company's stock.

Institutional Trading of Matrix Service

A number of hedge funds and other institutional investors have recently bought and sold shares of MTRX. AQR Capital Management LLC increased its stake in Matrix Service by 601.5% during the 1st quarter. AQR Capital Management LLC now owns 291,804 shares of the company's stock valued at $3,627,000 after purchasing an additional 250,206 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Matrix Service by 53.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 175,736 shares of the company's stock valued at $2,184,000 after purchasing an additional 61,246 shares in the last quarter. Jane Street Group LLC increased its stake in Matrix Service by 89.8% during the 1st quarter. Jane Street Group LLC now owns 34,542 shares of the company's stock valued at $429,000 after purchasing an additional 16,343 shares in the last quarter. Creative Planning bought a new stake in Matrix Service during the 2nd quarter valued at $176,000. Finally, JPMorgan Chase & Co. increased its stake in Matrix Service by 288.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 212,921 shares of the company's stock valued at $2,877,000 after purchasing an additional 158,104 shares in the last quarter. Institutional investors own 78.38% of the company's stock.

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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