DA Davidson Forecasts Matrix Service Q3 Earnings

Matrix Service (NASDAQ:MTRX) – Equities researchers at DA Davidson issued their Q3 2025 earnings per share estimates for Matrix Service in a note issued to investors on Tuesday, February 11th. DA Davidson analyst B. Thielman expects that the company will earn ($0.06) per share for the quarter. DA Davidson has a “Buy” rating and a $20.00 price objective on the stock. The consensus estimate for Matrix Service’s current full-year earnings is ($0.04) per share. DA Davidson also issued estimates for Matrix Service’s FY2025 earnings at ($0.22) EPS.

Matrix Service (NASDAQ:MTRX) last released its quarterly earnings data on Wednesday, February 5th. The company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. Matrix Service had a negative net margin of 4.76% and a negative return on equity of 20.81%.

Separately, StockNews.com upgraded Matrix Service from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 6th.

Matrix Service Stock Down 0.7 %

Shares of MTRX stock opened at $15.37 on Thursday. Matrix Service has a 12-month low of $8.61 and a 12-month high of $15.75. The company has a market capitalization of $423.60 million, a PE ratio of -12.60 and a beta of 1.28. The firm has a 50 day moving average price of $13.28 and a two-hundred day moving average price of $11.85.

Institutional Investors Weigh In On Matrix Service

A number of institutional investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company acquired a new stake in Matrix Service in the 2nd quarter worth about $110,000. SG Americas Securities LLC acquired a new stake in shares of Matrix Service in the third quarter valued at approximately $108,000. Net Worth Advisory Group bought a new stake in shares of Matrix Service in the third quarter valued at approximately $125,000. Stanley Laman Group Ltd. grew its position in Matrix Service by 2.7% during the third quarter. Stanley Laman Group Ltd. now owns 335,444 shares of the company’s stock worth $3,868,000 after buying an additional 8,823 shares in the last quarter. Finally, Keene & Associates Inc. increased its stake in Matrix Service by 13.9% during the 3rd quarter. Keene & Associates Inc. now owns 61,575 shares of the company’s stock worth $710,000 after acquiring an additional 7,520 shares during the period. Institutional investors own 78.38% of the company’s stock.

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.