MTRX icon

Matrix Service

12.46 USD
+0.03
0.24%
At close Apr 1, 4:00 PM EDT
After hours
12.38
-0.08
0.64%
1 day
0.24%
5 days
-4.37%
1 month
3.32%
3 months
3.49%
6 months
5.15%
Year to date
3.49%
1 year
-3.93%
5 years
35.88%
10 years
-30.51%
 

About: Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.

Employees: 2,064

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

4% more funds holding

Funds holding: 117 [Q3] → 122 (+5) [Q4]

1% more capital invested

Capital invested by funds: $269M [Q3] → $272M (+$2.41M) [Q4]

7% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 43

2.45% less ownership

Funds ownership: 84.84% [Q3] → 82.39% (-2.45%) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

48% less call options, than puts

Call options by funds: $32K | Put options by funds: $62K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$20
61%
upside
Avg. target
$20
61%
upside
High target
$20
61%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
DA Davidson
Brent Thielman
31% 1-year accuracy
11 / 36 met price target
61%upside
$20
Buy
Maintained
11 Feb 2025

Financial journalist opinion

Neutral
GlobeNewsWire
3 weeks ago
Matrix Service Company to Present at Upcoming Sidoti Virtual Investor Conference March 19 – 20
TULSA, Okla., March 11, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Officer Kevin Cavanah, and Senior Director of Investor Relations Kellie Smythe, will present and host one-on-one meetings with investors at the Sidoti March Virtual Investor Conference taking place on March 19-20, 2025.
Matrix Service Company to Present at Upcoming Sidoti Virtual Investor Conference March 19 – 20
Neutral
Seeking Alpha
1 month ago
Matrix Service Company (MTRX) Q2 2025 Earnings Call Transcript
Matrix Service Company (NASDAQ:MTRX ) Q2 2025 Results Conference Call February 6, 2025 10:30 AM ET Company Participants Kellie Smythe - Senior Director of IR John Hewitt - President and CEO Kevin Cavanah - VP, CFO Conference Call Participants Jean Ramirez - D.A. Davidson John Franzerb - Sidoti & Company Operator Good morning, and welcome to the Matrix Service Company Conference Call to discuss results for the second quarter of fiscal 2025.
Matrix Service Company (MTRX) Q2 2025 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Matrix Service (MTRX) Reports Q2 Loss, Lags Revenue Estimates
Matrix Service (MTRX) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.18 per share a year ago.
Matrix Service (MTRX) Reports Q2 Loss, Lags Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Matrix Service Company Reports Fiscal Year 2025 Second Quarter Results
TULSA, Okla., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the second quarter of fiscal 2025 ended December 31, 2024.
Matrix Service Company Reports Fiscal Year 2025 Second Quarter Results
Positive
Seeking Alpha
1 month ago
Q4 2024 Portfolio Update: Growth Has Come Patiently
In 4Q24, we crossed $10M in AUM, emphasizing patient growth and strategic portfolio management, with a focus on long-term investments and five-year doubles. Key drivers include CCRD, PDEX, and RSSS, with CoreCard benefiting from a new contract with Goldman, and Pro-Dex showing strong business performance. Matrix Service is expected to convert backlog to profit in the next 18-24 months, while new positions are anticipated to start small.
Q4 2024 Portfolio Update: Growth Has Come Patiently
Neutral
GlobeNewsWire
2 months ago
Matrix Service Company Sets Dates for Release of Second Quarter Fiscal 2025 Financial Results and Conference Call
TULSA, Okla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release second quarter Fiscal 2025 results after market on Wednesday, February 5, 2025.
Matrix Service Company Sets Dates for Release of Second Quarter Fiscal 2025 Financial Results and Conference Call
Positive
Zacks Investment Research
2 months ago
Strength Seen in Matrix Service (MTRX): Can Its 6.8% Jump Turn into More Strength?
Matrix Service (MTRX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Strength Seen in Matrix Service (MTRX): Can Its 6.8% Jump Turn into More Strength?
Positive
Zacks Investment Research
2 months ago
Recent Price Trend in Matrix Service (MTRX) is Your Friend, Here's Why
Matrix Service (MTRX) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Recent Price Trend in Matrix Service (MTRX) is Your Friend, Here's Why
Negative
Zacks Investment Research
3 months ago
3 Must-Watch Oil Equipment Stocks Rising Above Industry Challenges
Lower equipment demand and impact of uncontracted periods on offshore drilling equipment needs make the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. NOV, Kodiak Gas (KGS) and Matrix Service (MTRX) are trying to survive industry challenges.
3 Must-Watch Oil Equipment Stocks Rising Above Industry Challenges
Neutral
GlobeNewsWire
4 months ago
Matrix Service Company Announces Award for Large, Dual Service Full Containment Storage Tank for Delaware River Partners Along the East Coast
TULSA, Okla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today announced that it has been awarded engineering, fabrication, and construction work for the inner steel tank scope of work on a 100,000 m3 full containment storage tank with Cashman Preload Cryogenics for Delaware River Partners located in Gibbstown, New Jersey.
Matrix Service Company Announces Award for Large, Dual Service Full Containment Storage Tank for Delaware River Partners Along the East Coast
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