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

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

Matrix Service Co (NASDAQ:MTRX) announced its quarterly earnings data on Wednesday, November, 7th. The oil and gas company reported $0.08 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.08. The oil and gas company had revenue of $318.50 million for the quarter, compared to analysts' expectations of $294.82 million. Matrix Service had a negative net margin of 1.14% and a positive return on equity of 1.12%. The business's revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. View Matrix Service's Earnings History.

Matrix Service is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Matrix Service.

Matrix Service issued an update on its FY19 earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of $0.85-1.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.00. The company issued revenue guidance of $1.25-1.35 billion, compared to the consensus revenue estimate of $1.28 billion.

1 analysts have issued 1-year price targets for Matrix Service's stock. 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 twelve months. This suggests a possible upside of 215.7% 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.

Headlines about MTRX stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Matrix Service earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

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

Matrix Service's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.78%), Smith Graham & Co. Investment Advisors LP (2.77%), AQR Capital Management LLC (2.59%), Royce & Associates LP (2.21%), Russell Investments Group Ltd. (2.03%) and Prudential Financial Inc. (1.72%). 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 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, Royce & Associates LP, Rutabaga Capital Management LLC MA, 22NW LP, Smith Graham & Co. Investment Advisors LP, Russell Investments Group Ltd., Morgan Stanley and JPMorgan Chase & Co.. 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 and Tom E Maxwell. View Insider Buying and Selling for Matrix Service.

MTRX stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Man Group plc, Renaissance Technologies LLC, AQR Capital Management LLC, Nordea Investment Management AB, Prudential Financial Inc., Victory Capital Management Inc. and Acadian Asset Management 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 $20.27.

Matrix Service has a market capitalization of $566.61 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.

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

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]