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NASDAQ:MTRX

Matrix Service (MTRX) Stock Price, News & Analysis

$10.44
+0.04 (+0.38%)
(As of 07/26/2024 ET)
Today's Range
$10.40
$10.64
50-Day Range
$8.77
$12.08
52-Week Range
$6.02
$13.90
Volume
97,827 shs
Average Volume
245,845 shs
Market Capitalization
$285.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.00

Matrix Service MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.7% Upside
$15.00 Price Target
Short Interest
Healthy
2.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.86
Upright™ Environmental Score
News Sentiment
0.35mentions of Matrix Service in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.13) to $0.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.14 out of 5 stars

Oils/Energy Sector

65th out of 248 stocks

Construction - Special Trade Contractors Industry

3rd out of 7 stocks

MTRX stock logo

About Matrix Service Stock (NASDAQ:MTRX)

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services. This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. The Process and Industrial Facilities segment engages in the refining and processing of crude oil; fractionating and marketing of natural, gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction services. The Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair. This segment also manufactures and sells precision engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

MTRX Stock Price History

MTRX Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Matrix Service Company (MTRX)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
What Wall Street expects from Matrix Service's earnings
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Estimated)
9/09/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:MTRX
CUSIP
57685310
Employees
2,545
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$15.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+43.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-52,360,000.00
Pretax Margin
-2.82%

Debt

Sales & Book Value

Annual Sales
$795.02 million
Book Value
$6.71 per share

Miscellaneous

Free Float
26,299,000
Market Cap
$285.12 million
Optionable
Optionable
Beta
1.22

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MTRX Stock Analysis - Frequently Asked Questions

How have MTRX shares performed this year?

Matrix Service's stock was trading at $9.78 at the start of the year. Since then, MTRX shares have increased by 6.7% and is now trading at $10.44.
View the best growth stocks for 2024 here
.

How were Matrix Service's earnings last quarter?

Matrix Service (NASDAQ:MTRX) issued its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.53) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.40. The firm had revenue of $166.01 million for the quarter, compared to analysts' expectations of $200.58 million. Matrix Service had a negative net margin of 2.81% and a negative trailing twelve-month return on equity of 15.99%.

What is John R. Hewitt's approval rating as Matrix Service's CEO?

27 employees have rated Matrix Service Chief Executive Officer John R. Hewitt on Glassdoor.com. John R. Hewitt has an approval rating of 71% among the company's employees.

Does Matrix Service have any subsidiaries?

The following companies are subsidiaries of Matrix Service: Houston Interests, Baillie Tank Equipment Pty Ltd., HDB Ltd, Kvaerner, Pelichem Industrial Cleaning Services, Devco USA LLC , Houston Dynamics LLC , and more.

Who are Matrix Service's major shareholders?

Top institutional investors of Matrix Service include Azarias Capital Management L.P. (4.66%), Bank of New York Mellon Corp (2.11%), Stanley Laman Group Ltd. (1.20%) and Assenagon Asset Management S.A. (0.31%). Insiders that own company stock include John R Hewitt, Kevin A Durkin, James Harry Miller, Justin D Sheets and John D Chandler.
View institutional ownership trends
.

How do I buy shares of Matrix Service?

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

What other stocks do shareholders of Matrix Service own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Matrix Service investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Micron Technology (MU), Advanced Micro Devices (AMD), Netflix (NFLX) and Block (SQ).

This page (NASDAQ:MTRX) was last updated on 7/26/2024 by MarketBeat.com Staff

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