Matrix Service - MTRX Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Matrix Service in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTRX shares.
View MTRX analyst ratings or view top-rated stocks.

Matrix Service's stock was trading at $6.22 on January 1st, 2023. Since then, MTRX stock has decreased by 18.0% and is now trading at $5.10.
View the best growth stocks for 2023 here.

Matrix Service saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 287,700 shares, an increase of 64.0% from the February 28th total of 175,400 shares. Based on an average daily trading volume, of 184,100 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.1% of the company's stock are short sold.
View Matrix Service's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our MTRX earnings forecast.

Matrix Service (NASDAQ:MTRX) posted its earnings results on Sunday, November, 7th. The oil and gas company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.22) by $0.38. The oil and gas company had revenue of $168.09 million for the quarter. Matrix Service had a negative trailing twelve-month return on equity of 21.46% and a negative net margin of 7.79%. During the same period in the prior year, the business posted ($0.12) EPS.

ETFs with the largest weight of Matrix Service (NASDAQ:MTRX) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA).

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Matrix Service investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Micron Technology (MU), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), AT&T (T), Chipotle Mexican Grill (CMG) and NIC (EGOV).

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

Matrix Service's stock is owned by many different institutional and retail investors. Top institutional investors include First Wilshire Securities Management Inc. (8.03%), Dimensional Fund Advisors LP (5.25%), Aegis Financial Corp (4.29%), Azarias Capital Management L.P. (3.87%), SG Capital Management LLC (2.78%) and Franklin Resources Inc. (2.25%). Insiders that own company stock include James Harry Miller, John D Chandler, John R Hewitt, Justin D Sheets, Kevin A Durkin and Kevin S Cavanah.
View institutional ownership trends.

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

One share of MTRX stock can currently be purchased for approximately $5.10.

Matrix Service (NASDAQ:MTRX) has a market capitalization of $137.90 million and generates $707.78 million in revenue each year. The oil and gas company earns $-63,900,000.00 in net income (profit) each year or ($2.26) on an earnings per share basis.

The company employs 2,810 workers across the globe.

Matrix Service's mailing address is 5100 EAST SKELLY DRIVE SUITE 500, TULSA OK, 74135. The official website for the company is www.matrixservicecompany.com. The oil and gas company can be reached via phone at (918) 838-8822, via email at ir@matrixservicecompany.com, or via fax at 918-838-8810.