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Matrix Service Stock Price, Forecast & Analysis (NASDAQ:MTRX)

$19.47
+0.57 (+3.02 %)
(As of 11/18/2019 08:48 AM ET)
Today's Range
$19.05
Now: $19.47
$19.90
50-Day Range
$16.35
MA: $18.16
$19.72
52-Week Range
$15.43
Now: $19.47
$24.36
Volume223,900 shs
Average Volume160,729 shs
Market Capitalization$528.81 million
P/E Ratio19.28
Dividend YieldN/A
Beta0.95
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. Read More…

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$1.42 billion
Cash Flow$1.77 per share
Book Value$13.16 per share

Profitability

Net Income$27.98 million

Miscellaneous

Employees5,000
Market Cap$528.81 million
Next Earnings Date2/5/2020 (Estimated)
OptionableOptionable

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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, November, 6th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.04. The oil and gas company earned $338.10 million during the quarter, compared to the consensus estimate of $344.21 million. Matrix Service had a return on equity of 9.30% and a net margin of 2.22%. Matrix Service's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.08 earnings per share. 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, February 5th 2020. View Earnings Estimates for Matrix Service.

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

Matrix Service updated its FY20 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $1.10-1.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.29. The company issued revenue guidance of $1.40-1.55 billion, compared to the consensus revenue estimate of $1.47 billion.

What price target have analysts set for MTRX?

1 Wall Street analysts have issued 1-year price objectives for Matrix Service's shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate Matrix Service's stock price to reach $25.00 in the next year. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for Matrix Service.

What is the consensus analysts' recommendation for Matrix Service?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matrix Service in the last year. There are currently 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?

Media headlines about MTRX stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Matrix Service earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View News Stories for Matrix Service.

Are investors shorting Matrix Service?

Matrix Service saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 556,900 shares, an increase of 16.8% from the September 30th total of 476,800 shares. Based on an average daily trading volume, of 169,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.1% of the shares of the company are short sold. View Matrix Service's Current Options Chain.

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), Chipotle Mexican Grill (CMG), Micron Technology (MU), Continental Resources (CLR), Transocean (RIG), Athabasca Oil (ATH) 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 many different of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (2.98%), Smith Graham & Co. Investment Advisors LP (2.11%), Foundry Partners LLC (0.96%), Mackay Shields LLC (0.62%), Massachusetts Financial Services Co. MA (0.39%) and Dupont Capital Management Corp (0.37%). Company insiders that own Matrix Service stock include Alan R Updyke, Bradley J Rinehart, James Harry Miller, 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 institutional investors are selling Matrix Service stock?

MTRX stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Smith Graham & Co. Investment Advisors LP, California Public Employees Retirement System, Chicago Equity Partners LLC, Foundry Partners LLC, Campbell & CO Investment Adviser LLC, Mackay Shields LLC and Meeder Asset Management Inc.. Company insiders that have sold Matrix Service company stock in the last year include Alan R Updyke, James Harry Miller, Joseph F Montalbano, Kevin S Cavanah and Rick J Bennett. View Insider Buying and Selling for Matrix Service.

Which institutional investors are buying Matrix Service stock?

MTRX stock was purchased by a variety of institutional investors in the last quarter, including Dupont Capital Management Corp, Massachusetts Financial Services Co. MA, State of Alaska Department of Revenue, State of Tennessee Treasury Department, Alberta Investment Management Corp, Rhumbline Advisers and Strs Ohio. 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, Robinhood, Fidelity and Charles Schwab.

What is Matrix Service's stock price today?

One share of MTRX stock can currently be purchased for approximately $19.47.

How big of a company is Matrix Service?

Matrix Service has a market capitalization of $528.81 million and generates $1.42 billion in revenue each year. The oil and gas company earns $27.98 million in net income (profit) each year or $1.01 on an earnings per share basis. Matrix Service employs 5,000 workers across the globe.View Additional Information About Matrix Service.

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:  248 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  597
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 11/18/2019 by MarketBeat.com Staff

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