Q3 Earnings Forecast for Matrix Service Issued By Sidoti Csr

Matrix Service (NASDAQ:MTRX - Free Report) - Equities researchers at Sidoti Csr raised their Q3 2025 EPS estimates for Matrix Service in a report released on Thursday, November 7th. Sidoti Csr analyst J. Franzreb now anticipates that the company will post earnings of $0.10 per share for the quarter, up from their prior estimate of $0.07. The consensus estimate for Matrix Service's current full-year earnings is ($0.05) per share. Sidoti Csr also issued estimates for Matrix Service's Q1 2026 earnings at $0.06 EPS, Q2 2026 earnings at $0.10 EPS and Q4 2026 earnings at $0.45 EPS.

A number of other equities analysts also recently weighed in on MTRX. StockNews.com downgraded shares of Matrix Service from a "buy" rating to a "hold" rating in a research note on Friday. DA Davidson restated a "buy" rating and issued a $18.00 price objective on shares of Matrix Service in a research report on Thursday, September 26th.

Matrix Service Trading Up 2.0 %

Shares of Matrix Service stock traded up $0.26 during trading on Friday, reaching $13.01. The company's stock had a trading volume of 169,735 shares, compared to its average volume of 103,223. The stock has a 50-day moving average price of $11.15 and a two-hundred day moving average price of $10.65. The stock has a market capitalization of $358.43 million, a P/E ratio of -11.62 and a beta of 1.25. Matrix Service has a one year low of $8.61 and a one year high of $13.90.

Matrix Service (NASDAQ:MTRX - Get Free Report) last issued its quarterly earnings data on Monday, September 9th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.07. The firm had revenue of $189.50 million during the quarter, compared to the consensus estimate of $215.61 million. Matrix Service had a negative return on equity of 19.18% and a negative net margin of 4.46%.

Institutional Trading of Matrix Service

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MTRX. Connor Clark & Lunn Investment Management Ltd. lifted its position in Matrix Service by 44.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 166,302 shares of the company's stock valued at $1,917,000 after purchasing an additional 51,433 shares during the period. Royce & Associates LP raised its stake in shares of Matrix Service by 14.3% during the third quarter. Royce & Associates LP now owns 863,262 shares of the company's stock worth $9,953,000 after buying an additional 107,820 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Matrix Service by 4.3% in the third quarter. Victory Capital Management Inc. now owns 72,587 shares of the company's stock valued at $837,000 after buying an additional 2,987 shares during the period. Keene & Associates Inc. boosted its stake in Matrix Service by 13.9% in the third quarter. Keene & Associates Inc. now owns 61,575 shares of the company's stock valued at $710,000 after acquiring an additional 7,520 shares during the last quarter. Finally, Stanley Laman Group Ltd. grew its holdings in Matrix Service by 2.7% during the 3rd quarter. Stanley Laman Group Ltd. now owns 335,444 shares of the company's stock worth $3,868,000 after acquiring an additional 8,823 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.

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.