Matrix Service Company (MTRX)

NASDAQ: MTRX · IEX Real-Time Price · USD
11.61
+0.05 (0.43%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.43%
Market Cap 317.01M
Revenue (ttm) 765.45M
Net Income (ttm) -19.04M
Shares Out 27.30M
EPS (ttm) -0.70
PE Ratio n/a
Forward PE 45.26
Dividend n/a
Ex-Dividend Date n/a
Volume 116,771
Open 11.54
Previous Close 11.56
Day's Range 11.50 - 11.79
52-Week Range 4.74 - 13.90
Beta 1.24
Analysts Strong Buy
Price Target 15.00 (+29.2%)
Earnings Date May 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. 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 substations, upgrades of existing substations, transmission and distribution line install... [Read more]

Sector Industrials
IPO Date Sep 26, 1990
Employees 2,545
Stock Exchange NASDAQ
Ticker Symbol MTRX
Full Company Profile

Financial Performance

In 2023, MTRX's revenue was $795.02 million, an increase of 12.33% compared to the previous year's $707.78 million. Losses were -$52.36 million, -18.06% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MTRX stock is "Strong Buy" and the 12-month stock price forecast is $15.0.

Price Target
$15.0
(29.20% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 weeks 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,...

6 weeks 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.

7 weeks ago - GlobeNewsWire

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...

2 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...

3 months ago - GlobeNewsWire

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...

5 months 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...

6 months 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...

7 months ago - GlobeNewsWire

Matrix Service Company Announces Fiscal 2023 Fourth Quarter and Full Year Results

TULSA, Okla., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2023.

7 months ago - GlobeNewsWire

Matrix Service Company Announces Receipt of $464 Million of Awards in Fiscal Fourth Quarter and Ending Backlog of $1.1B

Company sets dates for release of fourth quarter and fiscal 2023 financial results and related conference call Company sets dates for release of fourth quarter and fiscal 2023 financial results and re...

8 months ago - GlobeNewsWire

Matrix PDM Engineering and Tissot Industrie Form Exclusive Relationship to Provide Total EPC Solutions for Liquid Hydrogen Storage Across Europe

TULSA, Okla., May 09, 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 Reports Third Quarter Fiscal 2023 Results

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

1 year ago - GlobeNewsWire

Matrix Service Company Announces Date for Release of Third Quarter 2023 Financial Results and Conference Call

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

1 year ago - GlobeNewsWire

Enterprise Products Awards Matrix Service EPC For A Second Ethane Storage Tank Along The Texas Gulf Coast

TULSA, Okla., March 29, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today its subsidiary, Matrix Service, has been awarded the greenfield engineering, procurement, and con...

1 year ago - GlobeNewsWire

Matrix Service Company Reports Second Quarter Fiscal 2023 Results

TULSA, Okla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results ...

1 year ago - GlobeNewsWire

Matrix Service Company Updates Timing for Release of Financial Results for the Second Quarter of Fiscal 2023

TULSA, Okla., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) previously announced release of results for the second quarter of Fiscal 2023 after market on Tuesday, February 7,...

1 year ago - GlobeNewsWire

Enterprise Products Awards Matrix Service EPC for Ethane Storage Tank Along the Texas Gulf Coast

TULSA, Okla., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today its subsidiary, Matrix Service, has been awarded the greenfield engineering, procurement, and cons...

1 year ago - GlobeNewsWire

Matrix Service Company Sets Date for Release of Financial Results for the Second Quarter of Fiscal 2023

TULSA, Okla., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for the second quarter of Fiscal 2023 after market on Tuesday, February 7, 2023. The release...

1 year ago - GlobeNewsWire

Matrix Service Company Reports First Quarter Fiscal 2023 Results

TULSA, Okla., Nov. 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 ...

1 year ago - GlobeNewsWire

Matrix Service Awarded LNG Peak Shaving Upgrade Project for Large Mid-Atlantic Public Utility

TULSA, Okla., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix NAC, has been awarded the engineering, procurement, and construction o...

1 year ago - GlobeNewsWire

Matrix Service Company Sets Date for Release of Financial Results for the First Quarter of Fiscal 2023

TULSA, Okla., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for the first quarter of Fiscal 2023 after market on Monday, November 7, 2022. The release w...

1 year ago - GlobeNewsWire

Matrix Service Company Publishes Fiscal 2022 Sustainability Report

TULSA, Okla., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today released its Fiscal 2022 Su...

1 year ago - GlobeNewsWire

Matrix Service Company Announces Fiscal 2022 Fourth Quarter and Full Year Results

TULSA, Okla., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2022.

1 year ago - GlobeNewsWire

Matrix Service Company Receives Nasdaq Notice on Late Filing of Its Form 10-K

Notice has no Immediate Effect on the Listing or Trading of the Company's Shares Notice has no Immediate Effect on the Listing or Trading of the Company's Shares

1 year ago - GlobeNewsWire

Matrix Service Company Sets New Date for Release of Financial Results for the Fourth Quarter and Fiscal Year Ended June 30, 2022

TULSA, Okla., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2022 fourth quarter and year ended June 30, 2022, before the market ope...

1 year ago - GlobeNewsWire