Matrix Service Forecasted to Earn Q1 2025 Earnings of ($0.18) Per Share (NASDAQ:MTRX)

Matrix Service (NASDAQ:MTRX) – Stock analysts at Sidoti Csr lowered their Q1 2025 earnings per share (EPS) estimates for Matrix Service in a research note issued to investors on Wednesday, September 11th. Sidoti Csr analyst J. Franzreb now anticipates that the company will post earnings per share of ($0.18) for the quarter, down from their previous estimate of ($0.12). The consensus estimate for Matrix Service’s current full-year earnings is $0.19 per share. Sidoti Csr also issued estimates for Matrix Service’s Q2 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.04) EPS, Q1 2026 earnings at $0.08 EPS and Q4 2026 earnings at $0.40 EPS.

A number of other brokerages also recently commented on MTRX. StockNews.com raised Matrix Service from a “hold” rating to a “buy” rating in a research report on Tuesday. DA Davidson reiterated a “buy” rating and set a $18.00 price target on shares of Matrix Service in a report on Tuesday.

Matrix Service Price Performance

Shares of NASDAQ MTRX opened at $10.96 on Friday. The company has a market cap of $301.95 million, a price-to-earnings ratio of -14.42, a price-to-earnings-growth ratio of 3.19 and a beta of 1.24. The stock’s 50-day moving average is $9.73 and its two-hundred day moving average is $10.98. Matrix Service has a 1-year low of $8.61 and a 1-year high of $13.90.

Institutional Investors Weigh In On Matrix Service

Several institutional investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. boosted its stake in Matrix Service by 1.6% in the fourth quarter. Russell Investments Group Ltd. now owns 211,277 shares of the company’s stock valued at $2,066,000 after acquiring an additional 3,285 shares in the last quarter. Victory Capital Management Inc. grew its stake in Matrix Service by 2.5% during the 4th quarter. Victory Capital Management Inc. now owns 69,400 shares of the company’s stock worth $679,000 after buying an additional 1,700 shares during the last quarter. Jump Financial LLC increased its position in Matrix Service by 338.7% during the fourth quarter. Jump Financial LLC now owns 53,381 shares of the company’s stock worth $522,000 after buying an additional 41,212 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Matrix Service during the fourth quarter worth approximately $126,000. Finally, Trexquant Investment LP purchased a new stake in Matrix Service in the fourth quarter valued at approximately $317,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

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.