Matrix Service (MTRX) Scheduled to Post Earnings on Wednesday
Matrix Service (NASDAQ:MTRX) is scheduled to be posting its Q414 quarterly earnings results on Wednesday, September 3rd. Analysts expect Matrix Service to post earnings of $0.36 per share and revenue of $354.21 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Shares of Matrix Service (NASDAQ:MTRX) traded up 0.28% during mid-day trading on Tuesday, hitting $28.29. 91,602 shares of the company’s stock traded hands. Matrix Service has a 52 week low of $15.57 and a 52 week high of $38.71. The stock has a 50-day moving average of $28.54 and a 200-day moving average of $31.72. The company has a market cap of $747.2 million and a P/E ratio of 21.21.
Several analysts have recently commented on the stock. Analysts at Johnson Rice upgraded shares of Matrix Service from an “overweight” rating to a “focus list” rating in a research note on Friday, July 11th. Analysts at Global Hunter Securities initiated coverage on shares of Matrix Service in a research note on Thursday, June 19th. They set a “neutral” rating and a $32.00 price target on the stock. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Matrix Service has an average rating of “Buy” and an average target price of $36.75.
Matrix Service Company provide engineering, fabrication, construction and maintenance services primarily to oil, gas, power, petrochemical, industrial and mining and minerals markets.
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