Analysts Set Expectations for Matrix Service Q3 Earnings

Matrix Service (NASDAQ:MTRX - Free Report) - Research analysts at DA Davidson issued their Q3 2025 EPS estimates for shares of Matrix Service in a research note issued on Tuesday, February 11th. DA Davidson analyst B. Thielman anticipates that the company will post earnings per share of ($0.06) for the quarter. DA Davidson currently has a "Buy" rating and a $20.00 target price on the stock. The consensus estimate for Matrix Service's current full-year earnings is ($0.04) per share. DA Davidson also issued estimates for Matrix Service's FY2025 earnings at ($0.22) EPS.

Separately, StockNews.com downgraded shares of Matrix Service from a "strong-buy" rating to a "buy" rating in a report on Friday.

Matrix Service Stock Performance

Shares of NASDAQ MTRX traded down $0.16 during mid-day trading on Thursday, reaching $15.20. The company had a trading volume of 180,075 shares, compared to its average volume of 214,635. Matrix Service has a twelve month low of $8.61 and a twelve month high of $15.75. The stock's 50 day moving average is $13.41 and its 200-day moving average is $11.96. The stock has a market capitalization of $418.91 million, a PE ratio of -12.46 and a beta of 1.28.

Matrix Service (NASDAQ:MTRX - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported ($0.20) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.02. Matrix Service had a negative net margin of 4.76% and a negative return on equity of 20.81%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Rhumbline Advisers lifted its stake in shares of Matrix Service by 2.7% in the 4th quarter. Rhumbline Advisers now owns 39,725 shares of the company's stock valued at $475,000 after purchasing an additional 1,028 shares during the period. Verition Fund Management LLC raised its holdings in Matrix Service by 5.8% during the 3rd quarter. Verition Fund Management LLC now owns 22,639 shares of the company's stock worth $261,000 after buying an additional 1,239 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Matrix Service by 3.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 40,465 shares of the company's stock valued at $485,000 after acquiring an additional 1,388 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its stake in shares of Matrix Service by 2.9% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 56,498 shares of the company's stock valued at $651,000 after purchasing an additional 1,573 shares during the period. Finally, SG Americas Securities LLC grew its holdings in shares of Matrix Service by 18.4% during the fourth quarter. SG Americas Securities LLC now owns 11,123 shares of the company's stock worth $133,000 after buying an additional 1,731 shares in the last quarter. 78.38% of the stock is owned by institutional investors.

Matrix Service Company Profile

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.