FY2026 Earnings Estimate for Matrix Service Issued By Sidoti

Matrix Service Company (NASDAQ:MTRX) – Stock analysts at Sidoti lifted their FY2026 EPS estimates for Matrix Service in a note issued to investors on Friday, May 8th. Sidoti analyst J. Franzreb now forecasts that the company will earn $0.25 per share for the year, up from their prior estimate of $0.18. The consensus estimate for Matrix Service’s current full-year earnings is $0.18 per share. Sidoti also issued estimates for Matrix Service’s Q4 2026 earnings at $0.15 EPS, Q3 2027 earnings at $0.13 EPS, FY2027 earnings at $0.58 EPS and FY2028 earnings at $0.89 EPS.

A number of other brokerages have also recently weighed in on MTRX. DA Davidson restated a “buy” rating and issued a $17.00 price objective on shares of Matrix Service in a report on Friday, February 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Matrix Service in a report on Tuesday, April 21st. Finally, Northland Securities set a $24.00 price target on shares of Matrix Service in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Matrix Service presently has an average rating of “Moderate Buy” and a consensus target price of $20.50.

Matrix Service Stock Performance

Shares of MTRX opened at $12.31 on Tuesday. The stock has a market cap of $346.28 million, a PE ratio of -23.23, a price-to-earnings-growth ratio of 3.76 and a beta of 1.02. Matrix Service has a fifty-two week low of $9.88 and a fifty-two week high of $16.10. The firm’s 50-day simple moving average is $11.68 and its two-hundred day simple moving average is $12.20.

Matrix Service (NASDAQ:MTRX) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.06. The business had revenue of $206.71 million for the quarter, compared to analysts’ expectations of $231.52 million. Matrix Service had a negative net margin of 1.77% and a negative return on equity of 3.60%.

Insider Activity at Matrix Service

In other news, VP Nancy E. Austin sold 4,193 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $11.29, for a total transaction of $47,338.97. Following the sale, the vice president owned 106,138 shares in the company, valued at $1,198,298.02. This represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 4.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in Matrix Service during the third quarter valued at approximately $28,000. BNP Paribas Financial Markets boosted its stake in shares of Matrix Service by 68.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,530 shares of the company’s stock worth $34,000 after buying an additional 1,032 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Matrix Service by 133.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,307 shares of the company’s stock worth $45,000 after buying an additional 1,893 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Matrix Service in the 3rd quarter worth $67,000. Finally, Daytona Street Capital LLC purchased a new position in shares of Matrix Service in the 4th quarter worth $78,000. Institutional investors own 78.38% of the company’s stock.

Key Matrix Service News

Here are the key news stories impacting Matrix Service this week:

• Positive Sentiment: Sidoti raised its FY2026 EPS estimate for Matrix Service to $0.25 from $0.18, suggesting better profitability in the near term.
• Positive Sentiment: Sidoti also nudged up its Q4 2026 EPS estimate to $0.15 from $0.14, a small but supportive revision for near-term earnings expectations.
• Neutral Sentiment: Sidoti reiterated longer-range estimates for FY2028 EPS at $0.89, indicating analysts still see meaningful earnings growth over time.
• Negative Sentiment: Sidoti cut its Q3 2027 EPS estimate to $0.13 from $0.25, a sharp reduction that may weigh on expectations for that period.
• Negative Sentiment: Sidoti lowered its FY2027 EPS estimate to $0.58 from $0.91, signaling less confidence in Matrix Service’s medium-term earnings power.

Matrix Service Company Profile

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.