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) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.27. The oil and gas company had revenue of $245.70 million for the quarter, compared to the consensus estimate of $273.21 million. Matrix Service had a net margin of 0.21% and a return on equity of 1.02%. The company's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.52) earnings per share. View Matrix Service's Earnings History.

Matrix Service is scheduled to release their next quarterly earnings announcement on Wednesday, September, 5th 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 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.

Matrix Service saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 467,367 shares, a drop of 31.4% from the May 15th total of 681,184 shares. Based on an average trading volume of 194,040 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.8% of the company's shares are sold short.

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), Real Goods Solar (RGSE) and China Advanced Constructn Mtrls Grp (CADC).

News articles about MTRX stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Matrix Service earned a coverage optimism score of 0.20 on Accern's scale. They also gave news headlines about the oil and gas company an impact score of 46.10 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Matrix Service's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.63%), Dimensional Fund Advisors LP (8.40%), Russell Investments Group Ltd. (3.27%), Northern Trust Corp (2.90%), Prudential Financial Inc. (1.55%) and First Wilshire Securities Management Inc. (1.37%). 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 Boston Partners, California Public Employees Retirement System, Wells Fargo & Company MN, Guggenheim Capital LLC, Shufro Rose & Co. LLC, First Wilshire Securities Management Inc., Algert Global LLC and Dimensional Fund 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 acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Prudential Financial Inc., Foundry Partners LLC, 22NW LP, Mackay Shields LLC, JPMorgan Chase & Co., Prescott Group Capital Management L.L.C. and Dynamic Technology Lab Private Ltd. 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 $19.15.

Matrix Service has a market capitalization of $506.84 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]