DA Davidson Estimates Matrix Service Q3 Earnings

Matrix Service (NASDAQ:MTRX) – Research analysts at DA Davidson issued their Q3 2025 earnings estimates for shares of Matrix Service in a report released on Tuesday, February 11th. DA Davidson analyst B. Thielman anticipates that the company will post earnings per share of ($0.06) 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.

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

Matrix Service Stock Performance

Matrix Service stock opened at $15.37 on Thursday. Matrix Service has a 52 week low of $8.61 and a 52 week high of $15.75. The stock has a market capitalization of $423.60 million, a P/E ratio of -12.60 and a beta of 1.28. The stock has a fifty day moving average of $13.28 and a 200-day moving average of $11.85.

Matrix Service (NASDAQ:MTRX) last announced its quarterly earnings data on Wednesday, February 5th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate 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%.

Institutional Trading of Matrix Service

A number of hedge funds have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company acquired a new position in shares of Matrix Service during the second quarter worth $110,000. SG Americas Securities LLC acquired a new stake in shares of Matrix Service during the 3rd quarter valued at $108,000. Net Worth Advisory Group bought a new stake in Matrix Service during the 3rd quarter worth $125,000. Stanley Laman Group Ltd. increased its holdings in Matrix Service by 2.7% in the 3rd quarter. Stanley Laman Group Ltd. now owns 335,444 shares of the company’s stock worth $3,868,000 after purchasing an additional 8,823 shares in the last quarter. Finally, Keene & Associates Inc. raised its position in Matrix Service by 13.9% in the third quarter. Keene & Associates Inc. now owns 61,575 shares of the company’s stock valued at $710,000 after purchasing an additional 7,520 shares during the last quarter. Institutional investors and hedge funds 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.