Matrix Service Company (MTRX)

NASDAQ: MTRX · IEX Real-Time Price · USD
3.46
-0.12 (-3.35%)
At close: Sep 27, 2022 4:00 PM
3.51
+0.05 (1.45%)
After-hours: Sep 27, 2022 4:49 PM EDT
-3.35%
Market Cap 92.70M
Revenue (ttm) 681.96M
Net Income (ttm) -88.08M
Shares Out 26.79M
EPS (ttm) -3.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 494,650
Open 3.59
Previous Close 3.58
Day's Range 3.31 - 3.70
52-Week Range 3.31 - 11.76
Beta 1.62
Analysts Buy
Price Target 12.75 (+268.5%)
Earnings Date Nov 7, 2022

About MTRX

Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally. It operates through three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substation... [Read more...]

Industry Energy Equipment & Services
IPO Date Sep 26, 1990
CEO John Hewitt
Employees 2,717
Stock Exchange NASDAQ
Ticker Symbol MTRX
Full Company Profile

Financial Performance

In 2021, MTRX's revenue was $673.40 million, a decrease of -38.83% compared to the previous year's $1.10 billion. Losses were -$31.22 million, -5.59% less than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MTRX stock is "Buy." The 12-month stock price forecast is 12.75, which is an increase of 268.50% from the latest price.

Price Target
$12.75
(268.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Matrix Service Company to Delay Issuance of Fourth Quarter Earnings and the Filing of Annual Report for the Fiscal Ye...

TULSA, Okla., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) (“Matrix” or the “Company”) announced today that it will delay the issuance of its fourth quarter earnings and the ...

2 weeks ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the Fourth Quarter and Fiscal Year Ended June 30, 2022

TULSA, Okla., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2021 fourth quarter and year ended June 30, 2022, after the market closes ...

4 weeks ago - GlobeNewsWire

Korea Gas Corporation signs Memorandum of Understanding with Matrix Service Company to Support Development of the Hyd...

TULSA, Okla., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that it has signed a memorandum of understanding (“MoU”) with Korea Gas Corporation (“KOGAS”) to sup...

1 month ago - GlobeNewsWire

Matrix Service Selected by Northrop Grumman for Two Separate Thermal Vacuum Chamber Projects

TULSA, Okla., July 18, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc., has been selected by Northrop Grumman for two thermal vacu...

2 months ago - GlobeNewsWire

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

TULSA, Okla., May 31, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Vice President and Chief Financial Officer Kevin Cavanah and Senior Director of In...

3 months ago - GlobeNewsWire

Matrix Service Company to Present at Upcoming Stifel 2022 Cross Sector Insight Conference

TULSA, Okla., May 17, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that Vice President and Chief Financial Officer Kevin Cavanah and Senior Director of Investor Relatio...

4 months ago - GlobeNewsWire

Retired Fluor Corporation Executive Jose Bustamante Named to Matrix Service Company Board of Directors

Brings strong strategy and business development, operational, and international leadership expertise Brings strong strategy and business development, operational, and international leadership expertise

4 months ago - GlobeNewsWire

Hensel Phelps Construction Company Selects Matrix Service for EPC of Three Storage Tanks to Expand Jet Fuel Capacity ...

TULSA, Okla., May 10, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc., has been selected by Hensel Phelps Construction Company (“H...

4 months ago - GlobeNewsWire

Matrix Service Begins Construction on Small Scale Boron Facility, the First New U.S. Based Source of Boron Production...

Facility precedes the construction of large-scale boron and lithium complex, providing critical and domestically sourced materials, key enablers for decarbonization applications Facility precedes the co...

4 months ago - GlobeNewsWire

Matrix Service Company Reports Third Quarter Fiscal 2022 Results

TULSA, Okla., May 09, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results for...

4 months ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the Third Quarter of Fiscal 2022

TULSA, Okla., April 26, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2022 third quarter after the market closes on Monday, May 9, 2022. The re...

5 months ago - GlobeNewsWire

Matrix PDM Engineering Awarded EPC for Expansion of Natural Gas Processing Facility to Double Existing Facility Capacity

TULSA, Okla., March 15, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering and construction company, announced that an industry leading compa...

6 months ago - GlobeNewsWire

Matrix NAC Secures Contract To Advance Cumulus' Data Center Campus Project

Matrix Service Co (NASDAQ: MTRX) subsidiary Matrix NAC has secured the greenfield construction of a substation and transmission and distribution work at Cumulus Data's Susquehanna data center campus, cu...

7 months ago - Benzinga

Matrix NAC Awarded Greenfield Construction of Substation by Cumulus Data as Part of Its Carbon-Free Susquehanna Hyper...

TULSA, Okla., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary Matrix NAC has been awarded the greenfield construction of a substation as well ...

7 months ago - GlobeNewsWire

Matrix Service Company Reports Second Quarter Fiscal 2022 Results

TULSA, Okla., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results fo...

7 months ago - GlobeNewsWire

Matrix Service Company Joins Global CEO-Led Hydrogen Council, Supporting a Clean, Diversified Energy System Through a...

TULSA, Okla., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that it has joined the Hydrogen Council, a global CEO-led coalition working to accelerate the energy...

8 months ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the Second Quarter of Fiscal 2022

TULSA, Okla., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2022 second quarter after the market closes on Monday, February 7, 2022. T...

8 months ago - GlobeNewsWire

The Chemours Company Awards Matrix PDM Engineering Front-End Engineering Design and Detail Engineering for a Project ...

TULSA, Okla., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that The Chemours Company (Chemours) has awarded Matrix PDM Engineering the Front-End Engineering De...

8 months ago - GlobeNewsWire

Matrix Strategy to Grow Market Position in Hydrogen and Renewable Energy Supported by Addition of Senior Industry Vet...

TULSA, Okla., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that two new industry veterans have joined its consolidated business development team, bringing adde...

8 months ago - GlobeNewsWire

Matrix Service: Q1 Earnings Insights

Matrix Service (NASDAQ:MTRX) reported its Q1 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

10 months ago - Benzinga

Matrix Service Company Reports First Quarter Fiscal 2022 Results

TULSA, Okla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results fo...

10 months ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the First Quarter of Fiscal 2022

TULSA, Okla., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2022 first quarter after the market closes on Monday, November 8, 2021. Th...

11 months ago - GlobeNewsWire

Matrix Service Secures Contract From Calumet For Construction Of Storage Tanks At Montana Facility

Matrix Service Co (NASDAQ: MTRX) subsidiary, Matrix Service Inc., has secured the engineering, fabrication, and construction of seven storage tanks at Calumet Specialty Products Partners, L.P. facility ...

11 months ago - Benzinga

Calumet Specialty Products Partners, L.P. Awards Matrix Service Engineering, Fabrication and Construction of Multiple...

TULSA, Okla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc., has been awarded the engineering, fabrication and construc...

11 months ago - GlobeNewsWire

Matrix NAC Awarded Multiple Electrical Infrastructure Contracts in the First Quarter of Fiscal 2022

TULSA, Okla., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that in the first quarter of Fiscal 2022, its subsidiary, Matrix NAC, has been awarded multiple cont...

11 months ago - GlobeNewsWire