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) EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.27. The oil and gas company earned $245.70 million during 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 quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.52) EPS. 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 issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $0.15-0.20 for the period, compared to the Thomson Reuters consensus earnings per share 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 short-interest ratio is presently 2.4 days. Currently, 1.8% of the company's stock are sold short. View Matrix Service's Current Options Chain.

Some companies that are related to Matrix Service include Chicago Bridge & Iron (CBI), Ameresco (AMRC), Argan (AGX), Layne Christensen (LAYN), Limbach (LMB), China Advanced Constructn Mtrls Grp (CADC), Lime Energy (LIME) and Real Goods Solar (RGSE).

Headlines about MTRX stock have been trending positive recently, according to Accern. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Matrix Service earned a news impact score of 0.36 on Accern's scale. They also assigned news articles about the oil and gas company an impact score of 45.50 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Matrix Service's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 purchased 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 $18.40.

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]