About Matrix Service Company
Matrix Service Company provides engineering, fabrication, infrastructure, construction and maintenance services primarily to the oil, gas, power, petrochemical, industrial, mining and minerals markets. The Company's segments include Electrical Infrastructure, Oil Gas & Chemical, Storage Solutions and Industrial. The Electrical Infrastructure segment primarily includes construction and maintenance services to a range of power generation facilities, such as combined cycle plants, natural gas fired power stations and renewable energy installations. The Oil Gas & Chemical segment includes turnaround activities, plant maintenance services and construction in the downstream petroleum industry. The Storage Solutions segment includes new construction of crude and refined products aboveground storage tanks (ASTs), as well as planned and emergency maintenance services. The Industrial segment includes construction and maintenance work in the iron and steel and mining and minerals industries.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Equipment & Services
- Sub-Industry: Oil & Gas Equipment & Services
- Exchange: NASDAQ
- Symbol: MTRX
- CUSIP: 57685310
- Previous Close: $17.25
- 50 Day Moving Average: $21.26
- 200 Day Moving Average: $19.57
- 52-Week Range: $14.07 - $23.45
- Trailing P/E Ratio: 16.43
- Foreward P/E Ratio: 13.80
- P/E Growth: 1.90
- Market Cap: $458.73M
- Outstanding Shares: 26,593,000
- Beta: 1.31
- Net Margins: 2.12%
- Return on Equity: 8.78%
- Return on Assets: 4.84%
Companies Related to Matrix Service Company:
- Debt-to-Equity Ratio: 0.22%
- Current Ratio: 1.77%
- Quick Ratio: 1.75%
What is Matrix Service Company's stock symbol?
Matrix Service Company trades on the NASDAQ under the ticker symbol "MTRX."
Where is Matrix Service Company's stock going? Where will Matrix Service Company's stock price be in 2017?
3 analysts have issued 1-year price objectives for Matrix Service Company's shares. Their predictions range from $20.00 to $27.00. On average, they expect Matrix Service Company's stock price to reach $22.33 in the next twelve months.
When will Matrix Service Company announce their earnings?
Matrix Service Company is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Matrix Service Company stock?
Here are some recent quotes from research analysts about Matrix Service Company stock:
According to Zacks Investment Research, "MATRIX SERVICE CO. provides specialized on-site maintenance and construction services for petroleum refining and storage facilities and water storage tanks and systems for the municipal and private industry sector. Owners of these facilities use the Company's services in an effort to improve operating efficiencies and to comply with stringent environmental and safety regulations. Through its subsidiaries Matrix Service, Inc., San Luis Tank Piping Construction Co., Inc., and an affiliated company West Coast Industrial Coatings, Inc., Heath Engineering, Ltd. " (2/17/2017)
Avondale Partners analysts commented, "Shares trade at only 4.4x/3.7x our new FY16/17 EBITDA of $72 million/$85 million, a substantial discount to peers and the lowest level since 2011."We don't see an immediate catalyst but investors get an inexpensive name with leverage to a recovery in commodities, optionality on contract wins, a strong current backlog position and exposure to M&A," analyst Daniel Mannes explained.Mannes also noted that the diversified energy/industrial services company gets 70 percent of its revenues from storage solutions and electric businesses and both are poised for growth.Related Link: KeyBanc Downgrades Matrix Service To Sector WeightAlthough the outlook cut was driven by weakness in its oil, gas and chemical (OG&C) unit, the analyst expects the business to record modest profits in 2017.Noting that Matrix maintains a strong balance sheet, Mannes said, "At current valuations MTRX is likely attractive to others as well." (5/6/2016)
Who owns Matrix Service Company stock?
Matrix Service Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (7.57%), Dimensional Fund Advisors LP (6.96%), State Street Corp (2.82%), Fiera Capital Corp (1.42%), First Wilshire Securities Management Inc. (1.25%) and AQR Capital Management LLC (1.19%). Company insiders that own Matrix Service Company stock include Bradley J Rinehart, I Edgar Hendrix, James Harry Miller, James P Ryan, Jason W Turner, Jim W Mogg, John R Hewitt, Joseph F Montalbano, Justin D Sheets and Kevin S Cavanah.
Who sold Matrix Service Company stock? Who is selling Matrix Service Company stock?
Matrix Service Company's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Two Sigma Investments LP, Fiera Capital Corp, GSA Capital Partners LLP, Menta Capital LLC, First Wilshire Securities Management Inc., Allianz Asset Management AG and Pacific Global Investment Management CO. Company insiders that have sold Matrix Service Company stock in the last year include Bradley J Rinehart, James P Ryan, Jason W Turner, John R Hewitt, Joseph F Montalbano, Justin D Sheets and Kevin S Cavanah.
Who bought Matrix Service Company stock? Who is buying Matrix Service Company stock?
Matrix Service Company's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Guggenheim Capital LLC, Russell Investments Group Ltd., AQR Capital Management LLC, State Street Corp, Westwood Holdings Group Inc., State Board of Administration of Florida Retirement System and Value Holdings Management CO. LLC. Company insiders that have bought Matrix Service Company stock in the last two years include James Harry Miller and Jim W Mogg.
How do I buy Matrix Service Company stock?
Shares of Matrix Service Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Matrix Service Company stock cost?
One share of Matrix Service Company stock can currently be purchased for approximately $17.25.