Q3 Earnings Estimate for Matrix Service Issued By Sidoti Csr

Matrix Service (NASDAQ:MTRX) – Equities researchers at Sidoti Csr upped their Q3 2025 earnings estimates for Matrix Service in a note issued to investors on Thursday, November 7th. Sidoti Csr analyst J. Franzreb now anticipates that the company will post earnings of $0.10 per share for the quarter, up from their previous forecast of $0.07. The consensus estimate for Matrix Service’s current full-year earnings is ($0.05) per share. Sidoti Csr also issued estimates for Matrix Service’s Q1 2026 earnings at $0.06 EPS, Q2 2026 earnings at $0.10 EPS and Q4 2026 earnings at $0.45 EPS.

Several other research firms have also recently commented on MTRX. DA Davidson restated a “buy” rating and set a $18.00 target price on shares of Matrix Service in a research report on Thursday, September 26th. StockNews.com upgraded shares of Matrix Service from a “hold” rating to a “buy” rating in a research report on Friday, October 18th.

Matrix Service Price Performance

NASDAQ MTRX opened at $12.75 on Friday. The stock has a market capitalization of $351.26 million, a PE ratio of -14.01 and a beta of 1.25. Matrix Service has a 1 year low of $8.61 and a 1 year high of $13.90. The company’s 50 day simple moving average is $11.09 and its two-hundred day simple moving average is $10.64.

Matrix Service (NASDAQ:MTRX) last issued its earnings results on Monday, September 9th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.07. Matrix Service had a negative return on equity of 16.87% and a negative net margin of 3.43%. The business had revenue of $189.50 million during the quarter, compared to the consensus estimate of $215.61 million.

Hedge Funds Weigh In On Matrix Service

Several institutional investors have recently modified their holdings of MTRX. Quest Partners LLC bought a new stake in Matrix Service in the 2nd quarter worth approximately $83,000. SG Americas Securities LLC bought a new stake in shares of Matrix Service in the 3rd quarter worth approximately $108,000. Net Worth Advisory Group purchased a new stake in shares of Matrix Service in the 3rd quarter valued at $125,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Matrix Service in the 2nd quarter valued at $110,000. Finally, XTX Topco Ltd grew its holdings in shares of Matrix Service by 66.3% during the 2nd quarter. XTX Topco Ltd now owns 20,932 shares of the company’s stock valued at $208,000 after purchasing an additional 8,344 shares during the last quarter. 78.38% of the stock is currently owned by institutional investors.

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.