Sidoti cuts EPS forecast for Matrix Service stock

Published on 10/05/2026 at 00:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sidoti cuts Q1 2027 EPS forecast to USD 0.11 from USD 0.13. Fiscal 2026 revenue reached USD 873.6 million, while market cap was USD 289.2 million.

MTRX, US5768531056, Illustration mit AI erstellt.

Sidoti cut Matrix Service's Q1 2027 earnings-per-share forecast from USD 0.13 to USD 0.11 in a report dated September 4, 2026, as MarketBeat reported. Matrix Service stock was last at USD 10.28 on Nasdaq on October 2, 2026, with the market capitalization at USD 289.2 million.

Sidoti trims the forecast

The revised Q1 2027 forecast puts the next earnings-per-share estimate below the earlier USD 0.13 figure. MarketBeat also reported a consensus price target of USD 16.50 and a Moderate Buy average rating, but those figures come from a mixed analyst group rather than Sidoti's individual estimate.

The latest reported quarter showed why analysts are adjusting assumptions. Matrix Service posted revenue of USD 244.5 million in the fourth quarter of fiscal 2026, up 13.00 percent from USD 216.4 million a year earlier, while adjusted earnings per share reached USD 0.16 versus an adjusted loss of USD 0.28. The figures were reported by Yahoo Finance on September 13, 2026.

Revenue growth meets execution risk

For fiscal 2026, revenue rose to USD 873.6 million from USD 769.3 million in fiscal 2025, an increase of 13.56 percent. The full-year net loss narrowed to USD 2.6 million from USD 29.5 million, while the Storage and Terminal Solutions segment generated USD 137.4 million in fourth-quarter revenue, up 43.00 percent year over year, according to Yahoo Finance.

The recovery is uneven across the business. Process and Industrial Facilities revenue declined to USD 33.6 million in the fourth quarter of fiscal 2026 from USD 47.3 million in the prior-year quarter, while the company's fiscal-year backlog stood at USD 953.2 million. That contrast explains the lower near-term estimate: revenue is expanding, but project timing and segment mix remain central to execution.

Nasdaq valuation and prior close

MTRX was last at USD 10.28 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, against a 52-week range of USD 9.38 to USD 15.97. The Lang & Schwarz prior close was EUR 9.15 on October 2, 2026. Matrix Service is scheduled to hold its virtual annual meeting on November 3, 2026, with seven director nominees listed in its proxy materials, according to StockTitan.