DA Davidson Predicts Matrix Service Q4 Earnings

Matrix Service (NASDAQ:MTRX) – DA Davidson issued their Q4 2025 earnings per share (EPS) estimates for Matrix Service in a note issued to investors on Friday, May 9th. DA Davidson analyst B. Thielman expects that the company will post earnings of $0.00 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 ($0.26) per share.

Separately, StockNews.com lowered Matrix Service from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 14th.

Matrix Service Stock Down 8.4%

Shares of NASDAQ MTRX opened at $12.50 on Monday. Matrix Service has a 52-week low of $8.61 and a 52-week high of $15.75. The business’s 50 day moving average is $11.77 and its two-hundred day moving average is $12.66. The firm has a market cap of $345.09 million, a price-to-earnings ratio of -10.25 and a beta of 1.04.

Matrix Service (NASDAQ:MTRX) last announced its earnings results on Wednesday, May 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.07). The firm had revenue of $200.16 million during the quarter, compared to analysts’ expectations of $215.06 million. Matrix Service had a negative net margin of 4.76% and a negative return on equity of 20.81%.

Institutional Trading of Matrix Service

A number of large investors have recently modified their holdings of MTRX. CenterBook Partners LP increased its position in shares of Matrix Service by 789.6% during the first quarter. CenterBook Partners LP now owns 536,447 shares of the company’s stock worth $6,668,000 after acquiring an additional 476,148 shares during the period. ACK Asset Management LLC increased its position in shares of Matrix Service by 47.3% during the fourth quarter. ACK Asset Management LLC now owns 1,179,901 shares of the company’s stock worth $14,123,000 after acquiring an additional 378,901 shares during the period. Bank of New York Mellon Corp increased its position in shares of Matrix Service by 244.6% during the first quarter. Bank of New York Mellon Corp now owns 403,385 shares of the company’s stock worth $5,014,000 after acquiring an additional 286,326 shares during the period. American Century Companies Inc. increased its position in shares of Matrix Service by 523.3% during the fourth quarter. American Century Companies Inc. now owns 294,889 shares of the company’s stock worth $3,530,000 after acquiring an additional 247,578 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Matrix Service by 66.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 276,943 shares of the company’s stock worth $3,315,000 after acquiring an additional 110,641 shares during the period. Hedge funds and other institutional investors own 78.38% of the company’s stock.

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.