Matrix Service Company (MX2) Stock Price & Analysis
MX2 Stock Chart & Stats
- Day’s Range
- EUR 8.60 - EUR 8.60
- 52-Week Range
- EUR 8.20 - EUR 13.30
- Previous Close
- EUR 8.70
- Volume
- 0
- Average Volume (3M)
- 0
- Market Cap
- EUR 236.32M
- Enterprise Value
- EUR 187.27M
- Total Cash (Recent Filing)
- EUR 222.97M
- Total Debt (Recent Filing)
- EUR 19.46M
- Price to Earnings (P/E)
- ―
- Beta
- 0.67
- Next Earnings
- Nov 04, 2026 (Est.)
- EPS Estimate
- 0.16
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Revenue And Margin Recovery
Improving revenue and gross margin indicate that Matrix is executing its backlog more effectively and recovering from prior underperformance. Although profitability remains thin, continued operational improvement could strengthen earnings capacity, support reinvestment, and improve resilience over the next several quarters.
Conservative Balance Sheet
Low leverage gives Matrix financial flexibility while it funds project execution and pursues growth opportunities. A conservative capital structure reduces interest burden and balance-sheet risk, allowing management to absorb operating volatility and allocate capital without relying heavily on external financing.
Exposure To Expanding Infrastructure Markets
Matrix is positioned across infrastructure markets supported by LNG demand, aging power systems, data-center expansion, and critical-minerals investment. This broad opportunity set can diversify project sources, extend the addressable market, and create durable avenues for backlog growth if awards convert.
Bears Say
Profitability Remains Thin
The turnaround has not yet produced consistently positive earnings, leaving limited margin for project overruns, mix changes, or execution setbacks. Thin profitability also constrains internally generated capital and means Matrix must demonstrate sustained margin improvement before its recovery can be considered durable.
Volatile Cash Generation
Positive current cash flow is outweighed by large year-to-year swings, showing sensitivity to working-capital movements and project timing. This volatility can complicate investment planning, reduce confidence in earnings conversion, and require cash consumption during periods of active field execution.
Backlog Replenishment Risk
Matrix has meaningful near-term backlog, but the low recent book-to-bill ratio and planned backlog drawdown create a need for replacement awards. If new projects are delayed, revenue could weaken after the current work cycle and utilization and margin absorption could deteriorate.
Matrix Service Company News
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Matrix Service Company Stock Smart Score
Company Description
Matrix Service Company
Matrix Service Company (MTRX), established in 1984 and headquartered in Tulsa, Oklahoma, operates as a diversified global contractor. The firm offers a comprehensive suite of services, including engineering, fabrication, infrastructure development, construction, and maintenance. It primarily caters to critical industries such as oil, gas, power generation, petrochemicals, manufacturing, agriculture, mining, and minerals. Matrix Service Company's operations extend across the United States, Canada, South Korea, Australia, and other international markets. The company organizes its activities into three principal segments: 1. Utility and Power Infrastructure: This division specializes in electrical power delivery systems. Its services encompass the construction of new substations, modernizing existing ones, installing and upgrading transmission and distribution lines, and providing essential maintenance. Furthermore, it offers critical emergency and storm restoration services and contributes to the construction and upkeep of combined cycle and other natural gas-fired power plants. 2. Process and Industrial Facilities: This segment focuses on a range of industrial processes. Key activities include crude oil refinement, as well as the processing, fractionation, and commercialization of natural gas and natural gas liquids. The services provided extend to plant maintenance, executing scheduled turnarounds, engineering support, specialized industrial cleaning, and new capital construction projects. 3. Storage and Terminal Solutions: This segment is dedicated to facilities for the storage and transfer of various commodities. It undertakes the engineering, fabrication, construction, and both planned and emergency maintenance and repair of aboveground storage tanks and terminals. Its expertise also covers specialized vessels such as those for liquefied natural gas (LNG), liquid nitrogen/oxygen (LN2/LOX), liquefied petroleum gas (LPG), and hydrogen, including spherical designs. Additionally, the segment handles marine structures and truck/rail loading and offloading facilities. Within these offerings, it also provides specific components and systems like geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals.
- Sector
- Industrials
- Industry
- Engineering & Construction
- CEO
- Shawn Payne
- Employees
- 2,370
- Website
- www.matrixservicecompany.com
- Address
- 15333 John F Kennedy Boulevard, Houston, TX, 77032, US
Matrix Service Company (MX2) Earnings & Revenues
MX2 Company Deck
MX2 Earnings Call
Earnings Call SentimentPositive
The call was predominantly positive, reflecting a return to profitability, strong fiscal-year and fourth-quarter improvement, lower SG&A, significant market opportunities, a large pipeline, a healthy balance sheet, and progress on strategic execution. These positives were tempered by a 0.7 quarterly book-to-bill ratio, expected backlog drawdown, lower Process and Industrial Facilities revenue and margin, restructuring costs, cash utilization in the first half of fiscal 27, and the absence of financial guidance during the CFO transition.
View all DE:MX2 earnings summariesMX2 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 4 | 5 | 13 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 1 | 0 | 11 |