Matrix Service (MTRX) Expected to Announce Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, February 4th. Analysts expect Matrix Service to post earnings of $0.04 per share and revenue of $215.4240 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 10:30 AM ET.

Matrix Service (NASDAQ:MTRX) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. Matrix Service had a negative net margin of 2.93% and a negative return on equity of 11.68%. The business had revenue of $211.88 million for the quarter, compared to analysts’ expectations of $206.66 million. 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

Shares of NASDAQ MTRX opened at $13.91 on Wednesday. The firm’s 50-day simple moving average is $12.27 and its 200 day simple moving average is $13.32. The stock has a market cap of $391.15 million, a price-to-earnings ratio of -16.36, a PEG ratio of 2.38 and a beta of 0.93. Matrix Service has a fifty-two week low of $9.33 and a fifty-two week high of $16.10.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Matrix Service in a report on Thursday, January 22nd. DA Davidson reiterated a “buy” rating and issued a $17.00 price objective on shares of Matrix Service in a report on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $17.00.

Insider Activity at Matrix Service

In other news, insider Shawn P. Payne sold 5,231 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $11.42, for a total value of $59,738.02. Following the sale, the insider directly owned 102,179 shares in the company, valued at approximately $1,166,884.18. This trade represents a 4.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 16,500 shares of company stock worth $198,000 over the last ninety days. Corporate insiders own 4.40% of the company’s stock.

Institutional Investors Weigh In On Matrix Service

Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC increased 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. Goldman Sachs Group Inc. increased its position in Matrix Service by 53.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 175,736 shares of the company’s stock valued at $2,184,000 after buying an additional 61,246 shares in the last quarter. Jane Street Group LLC raised its stake in Matrix Service by 89.8% in the first quarter. Jane Street Group LLC now owns 34,542 shares of the company’s stock valued at $429,000 after buying an additional 16,343 shares during the last quarter. Creative Planning acquired a new stake in Matrix Service in the second quarter worth about $176,000. Finally, JPMorgan Chase & Co. increased 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 valued at $2,877,000 after acquiring an additional 158,104 shares in the last quarter. 78.38% of the stock is currently owned by institutional investors and hedge funds.

About Matrix Service

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.