FY2026 Earnings Estimate for Matrix Service Issued By Sidoti

Matrix Service Company (NASDAQ:MTRX) – Equities researchers at Sidoti cut their FY2026 earnings per share (EPS) estimates for Matrix Service in a report issued on Monday, May 4th. Sidoti analyst J. Franzreb now forecasts that the company will post earnings of $0.18 per share for the year, down from their prior forecast of $0.24. The consensus estimate for Matrix Service’s current full-year earnings is $0.24 per share. Sidoti also issued estimates for Matrix Service’s Q4 2026 earnings at $0.14 EPS.

A number of other analysts have also issued reports on MTRX. Northland Securities set a $24.00 price target on Matrix Service in a research note on Wednesday, February 11th. DA Davidson reissued a “buy” rating and set a $17.00 price objective on shares of Matrix Service in a research note on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Matrix Service in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.50.

Matrix Service Price Performance

Shares of NASDAQ:MTRX opened at $13.41 on Tuesday. The business’s 50 day moving average price is $11.51 and its 200-day moving average price is $12.21. The firm has a market capitalization of $377.22 million, a PE ratio of -19.72, a P/E/G ratio of 3.13 and a beta of 1.02. Matrix Service has a 1 year low of $9.88 and a 1 year high of $16.10.

Matrix Service (NASDAQ:MTRX) last issued its quarterly earnings results on Wednesday, February 4th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.06). The firm had revenue of $210.51 million during the quarter, compared to analyst estimates of $215.42 million. Matrix Service had a negative return on equity of 8.56% and a negative net margin of 2.30%.

Insider Activity at Matrix Service

In other news, VP Nancy E. Austin sold 4,193 shares of Matrix Service stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $11.29, for a total transaction of $47,338.97. Following the sale, the vice president owned 106,138 shares of the company’s stock, valued at approximately $1,198,298.02. The trade was a 3.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.40% of the company’s stock.

Institutional Investors Weigh In On Matrix Service

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in Matrix Service in the third quarter valued at $28,000. BNP Paribas Financial Markets increased its position in shares of Matrix Service by 68.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,530 shares of the company’s stock worth $34,000 after purchasing an additional 1,032 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Matrix Service by 133.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,307 shares of the company’s stock worth $45,000 after purchasing an additional 1,893 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in Matrix Service in the 3rd quarter valued at about $67,000. Finally, Daytona Street Capital LLC acquired a new position in Matrix Service in the fourth quarter valued at about $78,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Matrix Service Company Profile

Matrix Service Company (NASDAQ: MTRX) is a provider of engineered construction, fabrication and maintenance services to the energy, industrial and power markets. The firm offers a full suite of engineering, procurement and construction (EPC) solutions for clients in the oil and gas, petrochemical, refining, mining, fertilizer and power generation industries. Its capabilities span from front-end engineering design through plant commissioning, with specializations in modular process skid fabrication, structural steel erection and complex piping systems.

The company’s service portfolio includes onshore and offshore pipe fabrication, equipment setting, industrial maintenance and shutdown services, electrical and instrumentation installation, and skid-mount and modular construction.