Matrix Service Company (MTRX)

NASDAQ: MTRX · Real-Time Price · USD
13.35
+0.35 (2.69%)
Nov 20, 2024, 4:00 PM EST - Market closed
2.69%
Market Cap 367.86M
Revenue (ttm) 696.13M
Net Income (ttm) -31.03M
Shares Out 27.55M
EPS (ttm) -1.13
PE Ratio n/a
Forward PE 37.08
Dividend n/a
Ex-Dividend Date n/a
Volume 105,430
Open 13.00
Previous Close 13.00
Day's Range 12.77 - 13.36
52-Week Range 8.61 - 13.90
Beta 1.25
Analysts Strong Buy
Price Target 18.00 (+34.83%)
Earnings Date Nov 6, 2024

About MTRX

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. The company’s Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic, specialty tanks, and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/l... [Read more]

Sector Industrials
IPO Date Sep 26, 1990
Employees 2,064
Stock Exchange NASDAQ
Ticker Symbol MTRX
Full Company Profile

Financial Performance

In 2024, Matrix Service Company's revenue was $728.21 million, a decrease of -8.40% compared to the previous year's $795.02 million. Losses were -$24.98 million, -52.30% less than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MTRX stock is "Strong Buy" and the 12-month stock price forecast is $18.0.

Price Target
$18.0
(34.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

9 days ago - GlobeNewsWire

Matrix Service Company (MTRX) Q1 2025 Earnings Call Transcript

Matrix Service Company (NASDAQ:MTRX) Q1 2025 Results Conference Call November 7, 2024 10:30 AM ET Company Participants Kellie Smythe - Senior Director of IR John Hewitt - President and CEO Kevin Cava...

11 days ago - Seeking Alpha

Matrix Service Company Reports Fiscal Year 2025 First Quarter Results, Reaffirms Full Year Revenue Guidance

TULSA, Okla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced result...

14 days ago - GlobeNewsWire

Matrix Service Company Sets Dates for Release of First Quarter Fiscal 2025 Financial Results and Conference Call

TULSA, Okla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today...

4 weeks ago - GlobeNewsWire

Matrix Service Company Publishes Fiscal 2024 Sustainability Report

TULSA, Okla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today released its Fiscal 2024 S...

2 months ago - GlobeNewsWire

Matrix Service Company (MTRX) Q4 2024 Earnings Call Transcript

Matrix Service Company (NASDAQ:MTRX) Q4 2024 Earnings Conference Call September 10, 2024 10:30 AM ET Company Participants Kellie Smythe - Senior Director of IR John Hewitt - President and CEO Kevin C...

2 months ago - Seeking Alpha

Matrix Service Company Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Issues Fiscal 2025 Revenue Guidance

TULSA, Okla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced resul...

2 months ago - GlobeNewsWire

Matrix Service Company to Participate at the Upcoming D. A. Davidson 23rd Annual Diversified Industrials & Services Conference

TULSA, Okla., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Off...

2 months ago - GlobeNewsWire

Matrix Service Company Sets Dates for Release of Fourth Quarter and Fiscal 2024 Financial Results and Conference Call

TULSA, Okla., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today...

3 months ago - GlobeNewsWire

Matrix Service Company Expected To Rise On Return To Profitability

Matrix Service Company experienced a decline in revenue and profitability due to the COVID-19 pandemic but is now recovering. The company has a strong backlog of orders, deferred revenue, and tailwind...

4 months ago - Seeking Alpha

Matrix Service Company Set to Join Russell 3000® Index

TULSA, Okla., July 01, 2024 (GLOBE NEWSWIRE) --  Matrix Service Company (NASDAQ: MTRX) (“Matrix Service Company,” “Matrix”, or “the Company”), a leading engineering and construction contractor to the ...

5 months ago - GlobeNewsWire

Matrix Service Company to Participate at Upcoming Stifel Cross-Sector Insight Conference

TULSA, Okla., May 14, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt, Vice President and Chief Financial Offic...

6 months ago - GlobeNewsWire

Matrix Service Company (MTRX) Q3 2024 Earnings Call Transcript

Matrix Service Company (NASDAQ:MTRX) Q3 2024 Earnings Conference Call May 9, 2024 10:30 AM ET Company Participants Kellie Smythe - Senior Director of Investor Relations John Hewitt - President and Ch...

6 months ago - Seeking Alpha

Matrix Service Company Reports Third Quarter Fiscal 2024 Results

TULSA, Okla., May 08, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results...

7 months ago - GlobeNewsWire

Matrix Service Company Sets Dates for Release of Third Quarter Fiscal 2024 Financial Results and Conference Call

TULSA, Okla., April 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced toda...

7 months ago - GlobeNewsWire

Matrix Service Company Announces Strategic Relationship With Geldof to Provide Total EPC Solutions For Ammonia Storage Across Europe

TULSA, Okla., March 19, 2024 (GLOBE NEWSWIRE) -- With significant demand across Europe for infrastructure supporting sustainable energy resources, Matrix Service Company (Nasdaq: MTRX), a leading prov...

8 months ago - GlobeNewsWire

Matrix Service Company Receives Award From Long-Standing Client for Multiple Storage Tanks on the West Coast

TULSA, Okla., March 05, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today its subsidiary, Matrix North American Construction (Matrix NAC) has been awarded the engineering,...

9 months ago - GlobeNewsWire

Matrix Service Company to Present at Upcoming Sidoti Small-Cap Virtual Conference

TULSA, Okla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R.

9 months ago - GlobeNewsWire

Matrix Service Company (MTRX) Q2 2024 Earnings Call Transcript

Matrix Service Company (MTRX) Q2 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

Matrix Service Company Reports Second Quarter Fiscal 2024 Results

TULSA, Okla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction, and maintenance contr...

10 months ago - GlobeNewsWire

Matrix Service Company Sets Dates for Release of Second Quarter Fiscal 2024 Financial Results and Conference Call

TULSA, Okla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today...

10 months ago - GlobeNewsWire

Matrix Service Company (MTRX) Q1 2024 Earnings Call Transcript

Matrix Service Company (NASDAQ:MTRX) Q1 2024 Earnings Conference Call November 9, 2023 10:30 AM ET Company Participants Kellie Smythe - Senior Director, Investor Relations John Hewitt - President and...

1 year ago - Seeking Alpha

Matrix Service Company Reports First Quarter Fiscal 2024 Results

TULSA, Okla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction, and maintenance contr...

1 year ago - GlobeNewsWire

Matrix Service Company Sets Dates for Release of First Quarter Fiscal 2024 Financial Results and Conference Call

TULSA, Okla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today...

1 year ago - GlobeNewsWire

Matrix Service Company Publishes Fiscal 2023 Sustainability Report

TULSA, Okla., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today released its Fiscal 2023 Su...

1 year ago - GlobeNewsWire