Matrix Service (MTRX) Projected to Post Quarterly Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is expected to be issuing its Q1 2026 results after the market closes on Wednesday, November 5th. Analysts expect the company to announce 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.Parties are encouraged to explore the company’s upcoming Q1 2026 earningoverview page for the latest details on the call scheduled for Thursday, November 6, 2025 at 10:30 AM ET.

Matrix Service (NASDAQ:MTRX) last announced its quarterly earnings results on Tuesday, September 9th. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.30). The firm had revenue of $216.38 million for the quarter, compared to analysts’ expectations of $232.25 million. Matrix Service had a negative net margin of 3.83% and a negative return on equity of 17.21%. During the same quarter in the prior year, the business posted ($0.14) EPS. 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 Trading Up 0.8%

Shares of Matrix Service stock opened at $15.14 on Tuesday. The firm has a market cap of $424.96 million, a P/E ratio of -14.42, a P/E/G ratio of 1.23 and a beta of 1.07. Matrix Service has a 12 month low of $9.33 and a 12 month high of $16.10. The stock’s fifty day moving average price is $13.61 and its 200-day moving average price is $13.42.

Insider Transactions at Matrix Service

In related news, Director John D. Chandler purchased 2,300 shares of the firm’s stock in a transaction on Tuesday, September 16th. The stock was bought at an average cost of $12.74 per share, with a total value of $29,302.00. Following the completion of the acquisition, the director owned 78,053 shares of the company’s stock, valued at $994,395.22. The trade was a 3.04% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 4.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its stake in shares of Matrix Service by 1.8% during the 2nd quarter. AQR Capital Management LLC now owns 297,194 shares of the company’s stock worth $4,015,000 after buying an additional 5,390 shares during the period. Bank of America Corp DE raised its stake in Matrix Service by 36.2% in the 2nd quarter. Bank of America Corp DE now owns 236,987 shares of the company’s stock valued at $3,202,000 after purchasing an additional 62,989 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Matrix Service by 288.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 212,921 shares of the company’s stock valued at $2,877,000 after purchasing an additional 158,104 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Matrix Service by 53.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 175,736 shares of the company’s stock valued at $2,184,000 after purchasing an additional 61,246 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in Matrix Service by 4.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 116,198 shares of the company’s stock valued at $1,570,000 after purchasing an additional 5,401 shares during the last quarter. 78.38% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Matrix Service in a research report on Wednesday, October 8th. DA Davidson decreased their target price on Matrix Service from $18.00 to $17.00 and set a “buy” rating for the company in a report on Thursday, September 11th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Matrix Service has an average rating of “Hold” and a consensus target price of $17.00.

About Matrix Service

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.