$0.07 EPS Expected for Matrix Service Company (MTRX)

August 13, 2018 - By Alicia Butler

Matrix Service Company (NASDAQ:MTRX) LogoInvestors sentiment decreased to 1.27 in 2018 Q1. Its down 0.15, from 1.42 in 2017Q4. It worsened, as 15 investors sold Matrix Service Company shares while 41 reduced holdings. 23 funds opened positions while 48 raised stakes. 23.97 million shares or 1.71% more from 23.57 million shares in 2017Q4 were reported.
Legal & General Grp Inc Pcl has 0% invested in Matrix Service Company (NASDAQ:MTRX) for 50,003 shares. 103,687 were reported by Hotchkis & Wiley Capital Mngmt Limited. Smith Graham Communication Advsr Lp invested in 894,781 shares or 1.18% of the stock. Ameritas Invest Ptnrs Inc reported 2,252 shares. Boston Ptnrs has invested 0.01% in Matrix Service Company (NASDAQ:MTRX). Clarivest Asset Mngmt Limited Liability Company holds 0% or 7,914 shares in its portfolio. Secor Capital Advsrs L P stated it has 0.03% of its portfolio in Matrix Service Company (NASDAQ:MTRX). Aqr Management Limited reported 701,526 shares stake. Envestnet Asset has invested 0% of its portfolio in Matrix Service Company (NASDAQ:MTRX). Moreover, Dimensional Fund Limited Partnership has 0.01% invested in Matrix Service Company (NASDAQ:MTRX) for 2.25M shares. Massachusetts Fin Svcs Ma reported 61,416 shares. One Trading Limited Partnership stated it has 500 shares or 0% of all its holdings. 103,354 were reported by Jpmorgan Chase Co. Moreover, Advsr Asset Mngmt has 0% invested in Matrix Service Company (NASDAQ:MTRX). Mackay Shields Ltd Com accumulated 132,400 shares.

Since May 30, 2018, it had 0 insider buys, and 5 selling transactions for $2.20 million activity. $1.21M worth of stock was sold by HEWITT JOHN R on Wednesday, June 13. On Wednesday, May 30 the insider Montalbano Joseph F sold $410,793. Shares for $212,908 were sold by RYAN JAMES P on Wednesday, June 13.

Analysts expect Matrix Service Company (NASDAQ:MTRX) to report $0.07 EPS on September, 5.They anticipate $0.11 EPS change or 275.00 % from last quarter’s $-0.04 EPS. MTRX’s profit would be $1.88 million giving it 72.32 P/E if the $0.07 EPS is correct. After having $-0.15 EPS previously, Matrix Service Company’s analysts see -146.67 % EPS growth. The stock decreased 0.49% or $0.1 during the last trading session, reaching $20.25. About 148,413 shares traded. Matrix Service Company (NASDAQ:MTRX) has risen 126.99% since August 13, 2017 and is uptrending. It has outperformed by 114.42% the S&P500.

Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, and mining and minerals markets in the United States, Canada, and internationally. The company has market cap of $543.16 million. The company??s Electrical Infrastructure segment offers construction and maintenance services to various power generation facilities, such as combined cycle plants, natural gas fired power stations, and renewable energy installations; and high voltage services comprising the construction of new substations, upgrading existing substations, short-run transmission line installations, distribution upgrades and maintenance, and storm restoration services to investor owned utilities. It has a 250 P/E ratio. The Company’s Oil Gas & Chemical segment provides turnaround, plant maintenance, engineering, and construction services for the downstream and midstream petroleum industries; and hydro blasting, hydro excavating, chemical cleaning, and vacuum services, as well as performs work in the petrochemical, natural gas, gas processing and compression, and upstream petroleum markets.

Another recent and important Matrix Service Company (NASDAQ:MTRX) news was published by Nasdaq.com which published an article titled: “Matrix Service Company to Present at the Jeffries 2018 Global Industrials Conference” on July 26, 2018.

Matrix Service Company (NASDAQ:MTRX) Institutional Positions Chart

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