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 earnings results on Wednesday, May, 9th. The oil and gas company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.27. The oil and gas company earned $245.70 million during the quarter, compared to analyst estimates of $273.21 million. Matrix Service had a net margin of 0.21% and a return on equity of 1.02%. Matrix Service's quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($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 (EPS) guidance of $0.15-0.20 for the period, compared to the Thomson Reuters consensus EPS 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 analysts have issued twelve-month target prices for Matrix Service's shares. Their forecasts range from $64.00 to $64.00. On average, they anticipate Matrix Service's stock price to reach $64.00 in the next twelve months. This suggests a possible upside of 233.3% 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), Ameresco (AMRC), Argan (AGX), Layne Christensen (LAYN), Limbach (LMB), Lime Energy (LIME), China Advanced Constructn Mtrls Grp (CADC) and Real Goods Solar (RGSE).

Headlines about MTRX stock have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Matrix Service earned a media sentiment score of 0.12 on Accern's scale. They also gave news articles about the oil and gas company an impact score of 46.18 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Matrix Service's stock is owned by many different of institutional and retail investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (3.22%), 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 and Smith Graham & Co. Investment 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 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 $19.20.

Matrix Service has a market capitalization of $536.34 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]