Matrix Service - MTRX Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Matrix Service in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTRX shares.
View MTRX analyst ratings or view top-rated stocks.

Matrix Service's stock was trading at $6.22 at the beginning of 2023. Since then, MTRX shares have increased by 48.1% and is now trading at $9.21.
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Matrix Service saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 163,700 shares, an increase of 37.2% from the December 31st total of 119,300 shares. Based on an average daily volume of 132,300 shares, the short-interest ratio is presently 1.2 days. Approximately 0.6% of the shares of the company are sold short.
View Matrix Service's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our MTRX earnings forecast.

Matrix Service will be holding an earnings conference call on Wednesday, February 8th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Matrix Service (NASDAQ:MTRX) posted its quarterly earnings data on Sunday, November, 7th. The oil and gas company reported ($0.60) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.38. The oil and gas company earned $168.09 million during the quarter. Matrix Service had a negative net margin of 7.07% and a negative trailing twelve-month return on equity of 18.34%. During the same period last year, the firm posted ($0.12) earnings per share.

27 employees have rated Matrix Service Chief Executive Officer John R. Hewitt on Glassdoor.com. John R. Hewitt has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Matrix Service investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Micron Technology (MU), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), AT&T (T), Chipotle Mexican Grill (CMG) and NIC (EGOV).

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

Matrix Service's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Stanley Laman Group Ltd. (1.45%), Assenagon Asset Management S.A. (0.90%), Essex Investment Management Co. LLC (0.88%), WealthTrust Axiom LLC (0.51%), Legato Capital Management LLC (0.33%) and Bank of Montreal Can (0.23%). Insiders that own company stock include James Harry Miller, John D Chandler, John R Hewitt, Justin D Sheets, Kevin A Durkin and Kevin S Cavanah.
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Shares of MTRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MTRX stock can currently be purchased for approximately $9.21.

Matrix Service (NASDAQ:MTRX) has a market capitalization of $248.95 million and generates $707.78 million in revenue each year. The oil and gas company earns $-63,900,000.00 in net income (profit) each year or ($1.97) on an earnings per share basis.

The company employs 2,810 workers across the globe.

Matrix Service's mailing address is 5100 EAST SKELLY DRIVE SUITE 500, TULSA OK, 74135. The official website for the company is www.matrixservicecompany.com. The oil and gas company can be reached via phone at (918) 838-8822, via email at ir@matrixservicecompany.com, or via fax at 918-838-8810.