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NASDAQ:MTRXMatrix Service Stock Price, Forecast & News

$9.28
-0.04 (-0.43 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$9.25
Now: $9.28
$9.73
50-Day Range
$7.95
MA: $9.95
$12.43
52-Week Range
$7.11
Now: $9.28
$24.36
Volume101,991 shs
Average Volume234,503 shs
Market Capitalization$242.58 million
P/E RatioN/A
Dividend YieldN/A
Beta1.42
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.57 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.42 billion
Cash Flow$1.72 per share
Book Value$13.13 per share

Profitability

Net Income$27.98 million

Miscellaneous

Employees5,000
Market Cap$242.58 million
Next Earnings Date8/26/2020 (Estimated)
OptionableOptionable

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Matrix Service (NASDAQ:MTRX) Frequently Asked Questions

How has Matrix Service's stock been impacted by COVID-19 (Coronavirus)?

Matrix Service's stock was trading at $11.07 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MTRX stock has decreased by 16.2% and is now trading at $9.28. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Matrix Service?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matrix Service in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Matrix Service.

When is Matrix Service's next earnings date?

Matrix Service is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Matrix Service.

How were Matrix Service's earnings last quarter?

Matrix Service Co (NASDAQ:MTRX) issued its earnings results on Wednesday, May, 6th. The oil and gas company reported ($0.02) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.10. The oil and gas company had revenue of $248.33 million for the quarter. Matrix Service had a negative net margin of 1.12% and a positive return on equity of 7.08%. View Matrix Service's earnings history.

What price target have analysts set for MTRX?

2 Wall Street analysts have issued 12-month price targets for Matrix Service's stock. Their forecasts range from $20.00 to $25.00. On average, they anticipate Matrix Service's share price to reach $22.50 in the next year. This suggests a possible upside of 142.5% from the stock's current price. View analysts' price targets for Matrix Service.

Has Matrix Service been receiving favorable news coverage?

Media headlines about MTRX stock have been trending somewhat negative this week, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Matrix Service earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Matrix Service.

Are investors shorting Matrix Service?

Matrix Service saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 438,100 shares, a decline of 11.2% from the May 31st total of 493,500 shares. Based on an average daily volume of 241,200 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.7% of the company's shares are sold short. View Matrix Service's Current Options Chain.

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), Chipotle Mexican Grill (CMG), Continental Resources (CLR), Transocean (RIG), Athabasca Oil (ATH), General Motors (GM) and Accenture (ACN).

Who are Matrix Service's key executives?

Matrix Service's management team includes the following 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

What is Matrix Service's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Matrix Service's stock price today?

One share of MTRX stock can currently be purchased for approximately $9.28.

How big of a company is Matrix Service?

Matrix Service has a market capitalization of $242.58 million and generates $1.42 billion in revenue each year. The oil and gas company earns $27.98 million in net income (profit) each year or $1.01 on an earnings per share basis. Matrix Service employs 5,000 workers across the globe.

What is Matrix Service's official website?

The official website for Matrix Service is 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]

This page was last updated on 7/3/2020 by MarketBeat.com Staff

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