Matrix Service (MTRX) Projected to Announce Earnings on Wednesday

Key Points

• Matrix Service is expected to report Q4 2026 results after the market closes on September 2. Analysts forecast earnings of $0.17 per share on revenue of approximately $247.0 million, with a conference call scheduled for September 3.
• MTRX shares opened at $10.77, compared with a 12-month range of $9.88 to $15.97. Institutional investors own a significant 78.38% of the company’s outstanding stock.
• Analyst sentiment is mixed: the consensus rating is Moderate Buy with a $20.50 price target, although Weiss Ratings reaffirmed a “sell (D-)” assessment.

Matrix Service (NASDAQ:MTRX - Get Free Report) is expected to announce its Q4 2026 results after the market closes on Wednesday, September 2nd. Analysts expect Matrix Service to announce earnings of $0.17 per share and revenue of $247.0360 million for the quarter. Individuals may visit the the company's upcoming Q4 2026 earning summary page for the latest details on the call scheduled for Thursday, September 3, 2026 at 10:30 AM ET.

Matrix Service Trading Up 0.7%

Shares of MTRX stock opened at $10.77 on Wednesday. The stock has a market capitalization of $302.96 million, a P/E ratio of -20.32, a PEG ratio of 0.86 and a beta of 1.00. The firm's 50 day moving average is $12.36 and its 200 day moving average is $12.12. Matrix Service has a 12 month low of $9.88 and a 12 month high of $15.97.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Quarry LP purchased a new stake in shares of Matrix Service in the third quarter worth about $28,000. BNP Paribas Financial Markets boosted its position in shares of 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 acquiring an additional 1,032 shares during the period. Tower Research Capital LLC TRC grew its stake in Matrix Service by 133.9% during the second quarter. Tower Research Capital LLC TRC now owns 3,307 shares of the company's stock valued at $45,000 after acquiring an additional 1,893 shares in the last quarter. Aquatic Capital Management LLC purchased a new position in Matrix Service during the third quarter valued at approximately $67,000. Finally, Raymond James Financial Inc. bought a new stake in Matrix Service during the 2nd quarter worth approximately $101,000. Hedge funds and other institutional investors own 78.38% of the company's stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Matrix Service in a report on Friday, July 17th. One equities research 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's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $20.50.

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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