NASDAQ:MTRX - Matrix Service Stock Price, News, & Analysis

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

Matrix Service Co (NASDAQ:MTRX) posted its quarterly earnings results on Monday, September, 10th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.04. The oil and gas company had revenue of $293.10 million for the quarter, compared to the consensus estimate of $292.69 million. Matrix Service had a positive return on equity of 1.58% and a negative net margin of 1.05%. Matrix Service's revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.04) earnings per share. View Matrix Service's Earnings History.

Matrix Service is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Matrix Service.

Matrix Service updated its FY19 earnings guidance on Monday, September, 10th. The company provided earnings per share (EPS) guidance of $0.85-1.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.94. The company issued revenue guidance of $1.25-1.35 billion, compared to the consensus revenue estimate of $1.25 billion.

1 Wall Street analysts have issued 1 year price objectives for Matrix Service's shares. Their predictions range from $64.00 to $64.00. On average, they anticipate Matrix Service's share price to reach $64.00 in the next year. This suggests a possible upside of 159.1% from the stock's current price. View Analyst Price Targets for Matrix Service.

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

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

News stories about MTRX stock have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Matrix Service earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Matrix Service.

Matrix Service's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.72%), Dimensional Fund Advisors LP (8.42%), LSV Asset Management (4.48%), Royce & Associates LP (3.48%), Smith Graham & Co. Investment Advisors LP (3.22%) and Northern Trust Corp (2.91%). 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, Kevin S Cavanah, Nancy E Austin and Tom E Maxwell. View Institutional Ownership Trends for Matrix Service.

MTRX stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Russell Investments Group Ltd., Bank of Montreal Can, Boston Partners, Prescott Group Capital Management L.L.C., California Public Employees Retirement System, Smith Graham & Co. Investment Advisors LP and 22NW LP. Company insiders that have sold Matrix Service company stock in the last year include James P Ryan, Jason W Turner, John R Hewitt, Joseph F Montalbano, Kevin S Cavanah, Nancy E Austin and Tom E Maxwell. View Insider Buying and Selling for Matrix Service.

MTRX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Systematic Financial Management LP, FMR LLC, Wedge Capital Management L L P NC, Schwab Charles Investment Management Inc., Mutual of America Capital Management LLC and 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 $24.70.

Matrix Service has a market capitalization of $661.73 million and generates $1.09 billion in revenue each year. The oil and gas company earns $-11,480,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. Matrix Service employs 4,650 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]