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 data on Wednesday, May, 9th. The oil and gas company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates 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 firm'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 business posted ($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 earnings per share 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.

2 equities research analysts have issued twelve-month price targets for Matrix Service's shares. Their forecasts range from $64.00 to $64.00. On average, they expect Matrix Service's stock price to reach $64.00 in the next year. This suggests a possible upside of 223.2% from the stock's current price. View Analyst Ratings for Matrix Service.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matrix Service in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

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

News headlines about MTRX stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Matrix Service earned a media sentiment score of 0.14 on Accern's scale. They also assigned media stories about the oil and gas company an impact score of 45.22 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Matrix Service's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.37%) and Campbell & CO Investment Adviser LLC (0.09%). 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 Bank of Montreal Can. 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 Campbell & CO Investment Adviser LLC. 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 $19.80.

Matrix Service has a market capitalization of $543.04 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]