Q3 EPS Estimates for Matrix Service Increased by Sidoti Csr

Matrix Service (NASDAQ:MTRX) – Equities researchers at Sidoti Csr boosted their Q3 2025 earnings estimates for Matrix Service in a research report issued to clients and investors on Thursday, November 7th. Sidoti Csr analyst J. Franzreb now forecasts that the company will post earnings of $0.10 per share for the quarter, up from their previous estimate 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.

Other equities research analysts have also recently issued reports about the stock. DA Davidson reiterated a “buy” rating and issued a $18.00 price target on shares of Matrix Service in a research report on Thursday, September 26th. StockNews.com cut Matrix Service from a “buy” rating to a “hold” rating in a research note on Friday.

Matrix Service Trading Up 2.0 %

Shares of Matrix Service stock opened at $13.01 on Friday. The company’s 50-day moving average price is $11.15 and its two-hundred day moving average price is $10.64. Matrix Service has a 52 week low of $8.61 and a 52 week high of $13.90. The stock has a market cap of $358.43 million, a PE ratio of -11.62 and a beta of 1.25.

Matrix Service (NASDAQ:MTRX) last issued its quarterly earnings results on Wednesday, November 6th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.01). Matrix Service had a negative return on equity of 19.18% and a negative net margin of 4.46%. The business had revenue of $165.58 million during the quarter, compared to the consensus estimate of $183.90 million. During the same quarter last year, the firm posted ($0.21) earnings per share.

Hedge Funds Weigh In On Matrix Service

A number of institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. increased its stake in Matrix Service by 44.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 166,302 shares of the company’s stock worth $1,917,000 after purchasing an additional 51,433 shares in the last quarter. Royce & Associates LP grew its stake in Matrix Service by 14.3% during the 3rd quarter. Royce & Associates LP now owns 863,262 shares of the company’s stock valued at $9,953,000 after acquiring an additional 107,820 shares in the last quarter. Victory Capital Management Inc. grew its stake in Matrix Service by 4.3% during the 3rd quarter. Victory Capital Management Inc. now owns 72,587 shares of the company’s stock valued at $837,000 after acquiring an additional 2,987 shares in the last quarter. Keene & Associates Inc. grew 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 valued at $710,000 after acquiring an additional 7,520 shares in the last quarter. Finally, Stanley Laman Group Ltd. grew its stake in Matrix Service by 2.7% during the 3rd quarter. Stanley Laman Group Ltd. now owns 335,444 shares of the company’s stock valued at $3,868,000 after acquiring an additional 8,823 shares in the last quarter. 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.