Matrix Service (MTRX) to Release Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is expected to post its Q1 2026 results after the market closes on Wednesday, November 5th. Analysts expect Matrix Service to post earnings of ($0.03) per share and revenue of $206.6560 million for the quarter. Matrix Service has set its FY 2026 guidance at EPS.Individuals can find conference call details on the company’s upcoming Q1 2026 earningreport page for the latest details on the call scheduled for Thursday, November 6, 2025 at 10:30 AM ET.

Matrix Service (NASDAQ:MTRX) last posted its quarterly earnings data on Tuesday, September 9th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.30). Matrix Service had a negative return on equity of 17.21% and a negative net margin of 3.83%.The firm had revenue of $216.38 million for the quarter, compared to analysts’ expectations of $232.25 million. During the same quarter in the previous year, the firm posted ($0.14) earnings per share. On average, analysts expect Matrix Service to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Matrix Service Stock Performance

NASDAQ MTRX opened at $14.49 on Wednesday. The firm’s 50 day moving average price is $13.61 and its two-hundred day moving average price is $13.27. The stock has a market cap of $406.73 million, a price-to-earnings ratio of -13.80, a PEG ratio of 1.18 and a beta of 1.07. Matrix Service has a twelve month low of $9.33 and a twelve month high of $16.10.

Insider Transactions at Matrix Service

In other Matrix Service news, Director John D. Chandler acquired 2,300 shares of Matrix Service stock in a transaction on Tuesday, September 16th. The shares were purchased at an average cost of $12.74 per share, with a total value of $29,302.00. Following the completion of the purchase, the director owned 78,053 shares in the company, valued at $994,395.22. The trade was a 3.04% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 4.40% of the company’s stock.

Hedge Funds Weigh In On Matrix Service

A number of hedge funds and other institutional investors have recently made changes to their positions in MTRX. AQR Capital Management LLC boosted its position in shares of Matrix Service by 601.5% during the first quarter. AQR Capital Management LLC now owns 291,804 shares of the company’s stock worth $3,627,000 after purchasing an additional 250,206 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Matrix Service by 288.4% during the second quarter. JPMorgan Chase & Co. now owns 212,921 shares of the company’s stock worth $2,877,000 after acquiring an additional 158,104 shares during the period. Bank of America Corp DE raised its holdings in shares of Matrix Service by 36.2% during the second quarter. Bank of America Corp DE now owns 236,987 shares of the company’s stock worth $3,202,000 after acquiring an additional 62,989 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Matrix Service by 53.5% during the first quarter. Goldman Sachs Group Inc. now owns 175,736 shares of the company’s stock worth $2,184,000 after acquiring an additional 61,246 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of Matrix Service during the second quarter worth $618,000. 78.38% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on MTRX. Weiss Ratings restated a “sell (d-)” rating on shares of Matrix Service in a report on Wednesday, October 8th. DA Davidson lowered their price target on shares of Matrix Service from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Thursday, September 11th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Matrix Service has a consensus rating of “Hold” and a consensus price target of $17.00.

Matrix Service Company Profile

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.