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

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$20.56 -0.59 (-2.79 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$21.15
Today's Range$20.4301 - $21.12
52-Week Range$13.00 - $25.75
Volume84,685 shs
Average Volume141,784 shs
Market Capitalization$550.60 million
P/E Ratio137.07
Dividend YieldN/A
Beta1.23
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. Its Oil Gas & Chemical segment provides turnaround, plant maintenance, engineering, and capital construction services for the downstream and midstream petroleum industries; and hydro blasting, hydro excavating, advanced chemical cleaning, and vacuum services, as well as performs work in the petrochemical, upstream petroleum, and sulfur extraction, recovery, and processing markets. The company's Storage Solutions segment undertakes work related to aboveground storage tanks and terminals; and provides planned and emergency services. This segment also undertakes work related to liquefied natural gas, liquid nitrogen/liquid oxygen, liquid petroleum, and other specialty vessels, including spheres; and provides geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Its Industrial segment works for iron and steel, mining and minerals, aerospace and defense, cement, agriculture and grain, food, and other industries, as well as performs work in bulk material handling systems. The company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

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Industry, Sector and Symbol

Industry Construction - special trade contractors
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Current SymbolNASDAQ:MTRX
CUSIP57685310
Phone918-838-8822

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.09 billion
Cash Flow$1.5635 per share
Book Value$12.08 per share

Profitability

Net Income$-11,480,000.00

Miscellaneous

Employees4,650
Market Cap$550.60 million
Next Earnings Date5/8/2019 (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 results on Wednesday, February, 6th. The oil and gas company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by $0.02. The oil and gas company earned $340.60 million during the quarter, compared to analysts' expectations of $317.23 million. Matrix Service had a positive return on equity of 0.94% and a negative net margin of 1.14%. Matrix Service's revenue was up 20.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.17 EPS. View Matrix Service's Earnings History.

When is Matrix Service's next earnings date?

Matrix Service is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Matrix Service.

What guidance has Matrix Service issued on next quarter's earnings?

Matrix Service updated its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of $0.85-$1.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.00. The company issued revenue guidance of $1.35-$1.425, compared to the consensus revenue estimate of $1.29 billion.Matrix Service also updated its FY 2019 guidance to $0.85-1.15 EPS.

What price target have analysts set for MTRX?

1 Wall Street analysts have issued twelve-month price targets for Matrix Service's stock. Their predictions range from $64.00 to $64.00. On average, they expect Matrix Service's stock price to reach $64.00 in the next twelve months. This suggests a possible upside of 211.1% from the stock's current price. View Analyst Price Targets for Matrix Service.

What is the consensus analysts' recommendation 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.

Has Matrix Service been receiving favorable news coverage?

News articles about MTRX stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Matrix Service earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Matrix Service's key competitors?

What other stocks do shareholders of Matrix Service own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Matrix Service investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), NIC (EGOV), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Continental Resources (CLR), Transocean (RIG) and Aegean Marine Petroleum Network (ANW).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.33%), Dimensional Fund Advisors LP (8.27%), Northern Trust Corp (2.88%), Smith Graham & Co. Investment Advisors LP (2.63%), Prudential Financial Inc. (2.06%) and Royce & Associates LP (1.71%). Company insiders that own Matrix Service stock include Bradley J Rinehart, 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 Royce & Associates LP, Chartwell Investment Partners LLC, Mackay Shields LLC, Two Sigma Investments LP, Millennium Management LLC, Dimensional Fund Advisors LP, Smith Graham & Co. Investment Advisors LP and Nordea Investment Management AB. Company insiders that have sold Matrix Service company stock in the last year include Bradley J Rinehart, 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 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 BlackRock Inc., Prudential Financial Inc., Acadian Asset Management LLC, Bank of Montreal Can, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Algert Global LLC, Geode Capital Management LLC and Assenagon Asset Management S.A.. 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, Scottrade, Fidelity and Charles Schwab.

What is Matrix Service's stock price today?

One share of MTRX stock can currently be purchased for approximately $20.57.

How big of a company is Matrix Service?

Matrix Service has a market capitalization of $550.86 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.

What is Matrix Service's official website?

The official website for Matrix Service is http://www.matrixservicecompany.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  312 (Vote Underperform)
Total Votes:  540
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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