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

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

Matrix Service Co (NASDAQ:MTRX) issued its quarterly earnings results on Wednesday, November, 7th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' 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 quarterly revenue was up 18.0% on a year-over-year basis. 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 EPS 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 equities research analysts have issued 1 year target prices for Matrix Service's stock. 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 year. This suggests a possible upside of 204.3% 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.

News articles about MTRX stock have trended positive recently, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 2.1 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term.

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

Matrix Service's stock is owned by a number of 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., JPMorgan Chase & Co. 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 bought 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, Prudential Financial Inc., Victory Capital Management Inc., Acadian Asset Management LLC and EAM Global Investors 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 $21.03.

Matrix Service has a market capitalization of $548.74 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]