Matrix Service - MTRX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $15.00
  • Forecasted Upside: 53.85%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$9.75
▲ +0.28 (2.96%)

This chart shows the closing price for MTRX by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Matrix Service Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MTRX and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MTRX

Analyst Price Target is $15.00
▲ +53.85% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Matrix Service in the last 3 months. The average price target is $15.00, with a high forecast of $15.00 and a low forecast of $15.00. The average price target represents a 53.85% upside from the last price of $9.75.

This chart shows the closing price for MTRX for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in Matrix Service. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/20/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/18/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/17/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/16/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/16/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/13/2023DA DavidsonBoost TargetBuy ➝ Buy$11.00 ➝ $15.00Low
5/20/2022GuggenheimUpgradeNeutral ➝ BuyHigh
9/2/2021DA DavidsonReiterated RatingBuyMedium
2/19/2020SidotiUpgradeNeutral ➝ Buy$20.00High
2/6/2020SidotiDowngradeBuy ➝ Neutral$28.00 ➝ $20.00High
8/7/2019DA DavidsonUpgradeNeutral ➝ Buy$25.00High
(Data available from 7/16/2019 forward)

News Sentiment Rating

0.84 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/19/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/18/2024
  • 6 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/17/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/18/2024
  • 6 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
4/17/2024
  • 1 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/17/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/16/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/16/2024

Current Sentiment

  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Matrix Service logo
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. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services. This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. The Process and Industrial Facilities segment engages in the refining and processing of crude oil; fractionating and marketing of natural, gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction services. The Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair. This segment also manufactures and sells precision engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.
Read More

Today's Range

Now: $9.75
Low: $9.49
High: $9.97

50 Day Range

MA: $10.61
Low: $8.77
High: $12.08

52 Week Range

Now: $9.75
Low: $5.96
High: $13.90

Volume

188,569 shs

Average Volume

436,905 shs

Market Capitalization

$266.27 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.23

Frequently Asked Questions

What sell-side analysts currently cover shares of Matrix Service?

The following Wall Street analysts have issued reports on Matrix Service in the last year: DA Davidson, StockNews.com, and TheStreet.
View the latest analyst ratings for MTRX.

What is the current price target for Matrix Service?

1 Wall Street analysts have set twelve-month price targets for Matrix Service in the last year. Their average twelve-month price target is $15.00, suggesting a possible upside of 53.8%. DA Davidson has the highest price target set, predicting MTRX will reach $15.00 in the next twelve months. DA Davidson has the lowest price target set, forecasting a price of $15.00 for Matrix Service in the next year.
View the latest price targets for MTRX.

What is the current consensus analyst rating for Matrix Service?

Matrix Service currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MTRX will outperform the market and that investors should add to their positions of Matrix Service.
View the latest ratings for MTRX.

What other companies compete with Matrix Service?

How do I contact Matrix Service's investor relations team?

Matrix Service's physical mailing address is 5100 EAST SKELLY DRIVE SUITE 500, TULSA OK, 74135. The company's listed phone number is (918) 838-8822 and its investor relations email address is [email protected]. The official website for Matrix Service is www.matrixservicecompany.com. Learn More about contacing Matrix Service investor relations.