Matrix Service (MTRX) Expected to Post Earnings on Wednesday

Matrix Service (NASDAQ:MTRX) is expected to be announcing its Q4 2026 results after the market closes on Wednesday, September 2nd. Analysts expect Matrix Service to announce earnings of $0.17 per share and revenue of $247.0360 million for the quarter. Parties can find conference call details on the company’s upcoming Q4 2026 earning report for the latest details on the call scheduled for Thursday, September 3, 2026 at 10:30 AM ET.

Matrix Service Stock Performance

NASDAQ:MTRX opened at $10.83 on Monday. The stock has a market cap of $304.65 million, a price-to-earnings ratio of -20.43, a PEG ratio of 0.87 and a beta of 1.00. Matrix Service has a 1 year low of $9.88 and a 1 year high of $15.97. The business has a fifty day moving average of $12.18 and a 200-day moving average of $12.11.

Hedge Funds Weigh In On Matrix Service

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of Matrix Service during the 3rd quarter valued at $28,000. BNP Paribas Financial Markets lifted its holdings in shares of Matrix Service by 68.9% in the second quarter. BNP Paribas Financial Markets now owns 2,530 shares of the company’s stock valued at $34,000 after buying an additional 1,032 shares during the period. Tower Research Capital LLC TRC boosted its stake in Matrix Service by 133.9% during the second quarter. Tower Research Capital LLC TRC now owns 3,307 shares of the company’s stock valued at $45,000 after buying an additional 1,893 shares in the last quarter. Aquatic Capital Management LLC bought a new position in Matrix Service during the third quarter valued at about $67,000. Finally, Raymond James Financial Inc. bought a new position in Matrix Service during the second quarter valued at about $101,000. 78.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Matrix Service in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Matrix Service currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.50.

About Matrix Service

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.