NASDAQ:MTRX - Matrix Service Stock Price, News, & Analysis

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$20.58 -0.07 (-0.34 %)
(As of 03/26/2019 12:13 PM ET)
Previous Close$20.65
Today's Range$20.58 - $21.23
52-Week Range$13.00 - $25.75
Volume1,839 shs
Average Volume179,211 shs
Market Capitalization$551.13 million
P/E Ratio138.33
Dividend YieldN/A
Beta1.1
Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, and mining and minerals markets in the United States, Canada, and internationally. The company's Electrical Infrastructure segment offers construction and maintenance services to various power generation facilities, such as combined cycle plants and natural gas fired power stations; and high voltage services comprising the construction of new substations, upgrading existing substations, short-run transmission line installations, distribution upgrades and maintenance, and emergency and storm restoration services to investor owned utilities. Its Oil Gas & Chemical segment provides turnaround, plant maintenance, engineering, and capital construction services for the downstream and midstream petroleum industries; and hydro blasting, hydro excavating, advanced chemical cleaning, and vacuum services, as well as performs work in the petrochemical, upstream petroleum, and sulfur extraction, recovery, and processing markets. The company's Storage Solutions segment undertakes work related to aboveground storage tanks and terminals; and provides planned and emergency services. This segment also undertakes work related to liquefied natural gas, liquid nitrogen/liquid oxygen, liquid petroleum, and other specialty vessels, including spheres; and provides geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Its Industrial segment works for iron and steel, mining and minerals, aerospace and defense, cement, agriculture and grain, food, and other industries, as well as performs work in bulk material handling systems. The company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

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Industry, Sector and Symbol

Industry Construction - special trade contractors
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNASDAQ:MTRX
CUSIP57685310
Phone918-838-8822

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.09 billion
Cash Flow$1.5794 per share
Book Value$11.89 per share

Profitability

Net Income$-11,480,000.00

Miscellaneous

Employees4,650
Market Cap$551.13 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Matrix Service (NASDAQ:MTRX) Frequently Asked Questions

What is Matrix Service's stock symbol?

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

How were Matrix Service's earnings last quarter?

Matrix Service Co (NASDAQ:MTRX) issued its earnings results on Wednesday, February, 6th. The oil and gas company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.02. The oil and gas company had revenue of $340.60 million for the quarter, compared to analyst estimates of $317.23 million. Matrix Service had a positive return on equity of 0.94% and a negative net margin of 1.14%. The business's revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.17 EPS. View Matrix Service's Earnings History.

When is Matrix Service's next earnings date?

Matrix Service is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Matrix Service.

What guidance has Matrix Service issued on next quarter's earnings?

Matrix Service updated its FY19 earnings guidance on Wednesday, February, 6th. The company provided EPS guidance of $0.85-$1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.00. The company issued revenue guidance of $1.35-$1.425, compared to the consensus revenue estimate of $1.29 billion.Matrix Service also updated its FY 2019 guidance to $0.85-1.15 EPS.

What price target have analysts set for MTRX?

2 Wall Street analysts have issued 1-year target prices for Matrix Service's shares. Their forecasts range from $22.00 to $64.00. On average, they anticipate Matrix Service's stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 108.9% from the stock's current price. View Analyst Price Targets for Matrix Service.

What is the consensus analysts' recommendation 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." View Analyst Ratings for Matrix Service.

Has Matrix Service been receiving favorable news coverage?

News headlines about MTRX stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Matrix Service earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Matrix Service's key competitors?

What other stocks do shareholders of Matrix Service own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Matrix Service investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), NIC (EGOV), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Continental Resources (CLR), Transocean (RIG) and Aegean Marine Petroleum Network (ANW).

Who are Matrix Service's key executives?

Matrix Service's management team includes the folowing people:
  • Mr. John R. Hewitt, CEO, Pres & Director (Age 61)
  • Mr. Kevin S. Cavanah, VP of Fin., CFO, Sec. & Treasurer (Age 55)
  • Mr. Joseph F. Montalbano, COO & VP (Age 70)
  • Mr. Jason W. Turner, Pres of Matrix North American Construction (Age 48)
  • Mr. Quinton Beasley, VP of Accounting

Who are Matrix Service's major shareholders?

Matrix Service's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.33%), Dimensional Fund Advisors LP (8.27%), Dimensional Fund Advisors LP (8.27%), Northern Trust Corp (2.88%), Smith Graham & Co. Investment Advisors LP (2.63%) and Prudential Financial Inc. (2.06%). Company insiders that own Matrix Service stock include Alan R Updyke, Bradley J Rinehart, James P Ryan, Jason W Turner, John R Hewitt, Joseph F Montalbano, Kevin S Cavanah, Nancy E Austin, Rick J Bennett and Tom E Maxwell. View Institutional Ownership Trends for Matrix Service.

Which major investors are selling Matrix Service stock?

MTRX stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Chartwell Investment Partners LLC, Mackay Shields LLC, Two Sigma Investments LP, Millennium Management LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Matrix Service company stock in the last year include Alan R Updyke, Bradley J Rinehart, James P Ryan, Jason W Turner, John R Hewitt, Joseph F Montalbano, Kevin S Cavanah, Nancy E Austin, Rick J Bennett and Tom E Maxwell. View Insider Buying and Selling for Matrix Service.

Which major investors are buying Matrix Service stock?

MTRX stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., BlackRock Inc., Prudential Financial Inc., Acadian Asset Management LLC, Bank of Montreal Can, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Algert Global LLC and Geode Capital Management LLC. View Insider Buying and Selling for Matrix Service.

How do I buy shares of 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.

What is Matrix Service's stock price today?

One share of MTRX stock can currently be purchased for approximately $20.58.

How big of a company is Matrix Service?

Matrix Service has a market capitalization of $551.13 million and generates $1.09 billion in revenue each year. The oil and gas company earns $-11,480,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. Matrix Service employs 4,650 workers across the globe.

What is Matrix Service's official website?

The official website for Matrix Service is http://www.matrixservicecompany.com.

How can I contact Matrix Service?

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]


MarketBeat Community Rating for Matrix Service (NASDAQ MTRX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  232 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  548
MarketBeat's community ratings are surveys of what our community members think about Matrix Service and other stocks. Vote "Outperform" if you believe MTRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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