Matrix Service (MTRX)

• Market cap: $360M
• 1 day: -6.77%
• 5 days: -15.56%
• 1 month: -14.29%
• 3 months: -1.21%
• 6 months: 37.68%
• Year to date: 8.64%
• 1 year: 12.47%
• 5 years: -11.14%
• 10 years: -28.99%
• Sector: Industrials
• Industry: Construction Special Trade Contractors

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

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

3% more funds holding

Funds holding: 117 [Q3] → 121 (+4) [Q4]

1% more capital invested

Capital invested by funds: $269M [Q3] → $272M (+$2.22M) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 43

2.51% less ownership

Funds ownership: 84.84% [Q3] → 82.33% (-2.51%) [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 53% upside
• Avg. target: $20 53% upside
• High target: $20 53% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

DA Davidson Brent Thielman 72% 1-year accuracy 34 / 47 met price target

53% upside $20

Buy Maintained

11 Feb 2025