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Matrix Service Company (MTRX)

NASDAQ: MTRX · IEX Real-Time Price · USD
10.44 0.13 (1.26%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap275.25M
Revenue (ttm)673.40M
Net Income (ttm)-31.22M
Shares Out26.54M
EPS (ttm)-1.18
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume66,356
Open10.30
Previous Close10.31
Day's Range10.21 - 10.64
52-Week Range7.12 - 16.32
Beta1.73
AnalystsStrong Buy
Price Target15.00 (+43.7%)
Est. Earnings DateNov 3, 2021

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...

IndustryEnergy Equipment & Services
IPO DateSep 26, 1990
CEOJohn Hewitt
Employees2,717
Stock ExchangeNASDAQ
Ticker SymbolMTRX
Full Company Profile

Financial Performance

In 2021, Matrix Service'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 2 analysts, the average rating for Matrix Service stock is "Strong Buy." The 12-month stock price forecast is 15.00, which is an increase of 43.68% from the latest price.

Price Target
$15.00
(43.68% upside)
Analyst Consensus: Strong Buy

News

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 ...

5 days 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...

5 days 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...

1 week ago - GlobeNewsWire

Matrix Service Company Publishes Inaugural Sustainability Report

TULSA, Okla., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today released its inaugural Susta...

1 month ago - GlobeNewsWire

New Strong Sell Stocks for September 17th

IBEX, MTRX, SPWH, TPL and VIRC have been added to the Zacks Rank #5 (Strong Sell) List on September 17, 2021.

Other symbols:IBEXSPWHTPLVIRC
1 month ago - Zacks Investment Research

Why Matrix Service Stock Is Sinking Today

The engineering, construction, and maintenance contractor disappointed investors.

1 month ago - The Motley Fool

Matrix Service Company Announces Fiscal 2021 Fourth Quarter and Full Year Results

TULSA, Okla., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) today reported its financial results for the fourth quarter and year ended June 30, 2021.

1 month ago - GlobeNewsWire

Matrix Service Company To Present at Upcoming D.A. Davidson and Sidoti Virtual Investor Conferences

TULSA, Okla., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt and Vice President and Chief Financial Of...

1 month ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results For The Fourth Quarter and Fiscal Year Ended June 30, 2021

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

1 month ago - GlobeNewsWire

Matrix Service Company to Present at the Stifel 2021 Virtual Cross Sector Insight Conference

TULSA, Okla., June 03, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that President and Chief Executive Officer John R. Hewitt and Vice President and Chief Financial Off...

4 months ago - GlobeNewsWire

Matrix Service: Q3 Earnings Insights

Shares of Matrix Service (NASDAQ:MTRX) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 2050.00% over the past year to ($0.43), whi...

5 months ago - Benzinga

Matrix Service Company Reports Third Quarter Fiscal 2021 Results

TULSA, Okla., May 10, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results for...

5 months ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the Third Quarter of Fiscal 2021

TULSA, Okla., April 28, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2021 third quarter ended March 31, 2021 after the market closes on Monday...

5 months ago - GlobeNewsWire

Recap: Matrix Service Q2 Earnings

Shares of Matrix Service (NASDAQ:MTRX) moved lower in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 115.79% year over year to ($0.03), which misse...

8 months ago - Benzinga

American Pacific Borates Limited Selects Matrix Service to Construct Fort Cady Borate Mine Facility

TULSA, Okla., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc. (“Matrix Service”) has been selected by American Pacific Bo...

8 months ago - GlobeNewsWire

Matrix Service Company Reports Second Quarter Fiscal 2021 Results

TULSA, Okla., Feb. 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...

8 months ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the Second Quarter of Fiscal 2021

TULSA, Okla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2021 second quarter ended December 31, 2020 after the market closes on Mon...

9 months ago - GlobeNewsWire

Corteva Agriscience Awards Matrix Service Construction of Water Recovery Process Facility

TULSA, Okla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering and construction contractor, announced that its subsidiary Matrix S...

9 months ago - GlobeNewsWire

It's Not Too Late To Consider Matrix Service Company

Matrix Service Company and Chart Industries signed an MOU on January 12th to develop standardized hydrogen solutions in North America. Matrix's share price jumped 25% in response. The hydrogen solutions...

9 months ago - Seeking Alpha

Chart Industries and Matrix Service Company Execute Commercial Hydrogen Memorandum of Understanding

ATLANTA, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (Nasdaq: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean ener...

Other symbols:GTLS
9 months ago - GlobeNewsWire

Matrix Service Company (MTRX) CEO John Hewitt on Q1 2021 Results - Earnings Call Transcript

Matrix Service Company (MTRX) CEO John Hewitt on Q1 2021 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Matrix Service Company Reports First Quarter 2021 Results

TULSA, Okla., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results fo...

11 months ago - GlobeNewsWire

Matrix Service Company Sets Date to Discuss Results for the First Quarter of Fiscal 2021

TULSA, Okla., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) will announce results for its Fiscal Year 2021 first quarter ended September 30, 2020 after the market closes on Wed...

11 months ago - GlobeNewsWire

Matrix Service Company As A Shape-Shifter

Like the shape-shifters from the Twilight Saga, Matrix Service is protecting its business with the fervor of a wolf. It continues to shift its growth strategy away from crude oil. In reaction to the pan...

1 year ago - Seeking Alpha

Matrix Service Company Certified for Fifth Consecutive Year by Great Place To Work®

TULSA, Okla., Sept. 24, 2020 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that it has been certified for the fifth consecutive year as a great workplace by the independent...

1 year ago - GlobeNewsWire