NASDAQ:MTRX - Matrix Service Stock Price, Price Target & More

Matrix Service trades on the NASDAQ under the ticker symbol "MTRX."

Matrix Service Co (NASDAQ:MTRX) released its quarterly earnings results on Wednesday, May, 9th. The oil and gas company reported ($0.19) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.27. The oil and gas company had revenue of $245.70 million for the quarter, compared to analysts' expectations of $273.21 million. Matrix Service had a net margin of 0.21% and a return on equity of 1.02%. Matrix Service's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.52) EPS. View Matrix Service's Earnings History.

Matrix Service is scheduled to release their next quarterly earnings announcement on Tuesday, September, 4th 2018. View Earnings Estimates for Matrix Service.

Matrix Service updated its FY18 earnings guidance on Wednesday, May, 9th. The company provided EPS guidance of $0.15-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.62. The company issued revenue guidance of $1.075-1.1 billion, compared to the consensus revenue estimate of $1.17 billion.

2 brokers have issued 1 year price targets for Matrix Service's stock. Their predictions range from $64.00 to $64.00. On average, they anticipate Matrix Service's share price to reach $64.00 in the next year. This suggests a possible upside of 224.1% from the stock's current price. View Analyst Ratings for Matrix Service.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matrix Service in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Matrix Service include Chicago Bridge & Iron (CBI), Ameresco (AMRC), Argan (AGX), Layne Christensen (LAYN), Limbach (LMB), Lime Energy (LIME), China Advanced Constructn Mtrls Grp (CADC) and Real Goods Solar (RGSE).

Media coverage about MTRX stock has trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Matrix Service earned a media sentiment score of 0.05 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 43.41 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Matrix Service's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (3.22%), Foundry Partners LLC (0.90%), Bank of Montreal Can (0.37%) and Campbell & CO Investment Adviser LLC (0.09%). Company insiders that own Matrix Service stock include Bradley J Rinehart, James P Ryan, Jason W Turner, John R Hewitt, Joseph F Montalbano, Justin D Sheets and Kevin S Cavanah. View Institutional Ownership Trends for Matrix Service.

MTRX stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Matrix Service company stock in the last year include James P Ryan, Jason W Turner, John R Hewitt and Joseph F Montalbano. View Insider Buying and Selling for Matrix Service.

MTRX stock was purchased by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC and Foundry Partners LLC. View Insider Buying and Selling for Matrix Service.

Shares of MTRX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MTRX stock can currently be purchased for approximately $19.75.

Matrix Service has a market capitalization of $514.89 million and generates $1.20 billion in revenue each year. The oil and gas company earns $-180,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. Matrix Service employs 4,001 workers across the globe.

Matrix Service's mailing address is 5100 EAST SKELLY DRIVE SUITE 500, TULSA OK, 74135. The oil and gas company can be reached via phone at 918-838-8822 or via email at [email protected]