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.
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Industry, Sector and Symbol
Industry Construction - special trade contractors
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Phone918-838-8822
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.42 billion
Profitability
Miscellaneous
Employees5,000
Next Earnings Date5/13/2020 (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 quarterly earnings data on Wednesday, February, 5th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.12. The oil and gas company had revenue of $318.68 million for the quarter, compared to analyst estimates of $365.61 million. Matrix Service had a negative net margin of 0.01% and a positive return on equity of 9.68%. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.14 EPS. View Matrix Service's Earnings History.
When is Matrix Service's next earnings date?
What guidance has Matrix Service issued on next quarter's earnings?
Matrix Service issued an update on its FY20 earnings guidance on Wednesday, February, 5th. The company provided earnings per share guidance of $0.70-0.90 for the period, compared to the Thomson Reuters consensus estimate of $1.25. The company issued revenue guidance of $1.2-1.3 billion, compared to the consensus revenue estimate of $1.43 billion.
What price target have analysts set for MTRX?
2 brokerages have issued 1 year price objectives for Matrix Service's shares. Their forecasts range from $20.00 to $25.00. On average, they anticipate Matrix Service's share price to reach $22.50 in the next twelve months. This suggests a possible upside of 52.9% 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 2 buy ratings 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 stories about MTRX stock have trended somewhat positive on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Matrix Service earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Matrix Service.
Are investors shorting Matrix Service?
Matrix Service saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 372,800 shares, a decrease of 24.2% from the January 15th total of 492,000 shares. Based on an average daily volume of 164,500 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.4% of the company's shares are short sold. View Matrix Service's Current Options Chain.
Who are some of Matrix Service's key competitors?
Some companies that are related to Matrix Service include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Oceaneering International (OII), Helix Energy Solutions Group (HLX), RPC (RES), Seacor (CKH), Tidewater (TDW), Oil States International (OIS), Newpark Resources (NR), Era Group (ERA), Geospace Technologies (GEOS) and TETRA Technologies (TTI).
What other stocks do shareholders of Matrix Service own?
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 variety of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (3.89%), State Street Corp (3.32%), Prudential Financial Inc. (2.50%), Charles Schwab Investment Management Inc. (2.23%), Goldman Sachs Group Inc. (2.25%) and Smith Graham & Co. Investment Advisors LP (2.05%). 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 Oxford Asset Management LLP, Mackay Shields LLC, Prudential Financial Inc., Foundry Partners LLC, Dupont Capital Management Corp, AQR Capital Management LLC, Rutabaga Capital Management LLC MA and Man Group plc. 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, Nancy E Austin and Rick J Bennett. View Insider Buying and Selling for Matrix Service.
Which institutional investors are buying Matrix Service stock?
MTRX stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Hotchkis & Wiley Capital Management LLC, Principal Financial Group Inc., Mutual of America Capital Management LLC, Bank of Montreal Can, Jacobs Levy Equity Management Inc., State Street Corp and Public Sector Pension Investment Board. 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 $14.72.
How big of a company is Matrix Service?
Matrix Service has a market capitalization of $392.60 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?
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)
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.
