MasTec, Inc. is an infrastructure construction company. The Company operates primarily across North America through a range of industries. Its primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, such as wireless, wireline or fiber and satellite communications; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; power generation, and industrial infrastructure. It manages its operations under five operating segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. It offers its services primarily under the MasTec service mark and has operations across approximately 470 locations. It provides services under master service and other service agreements, which are generally multi-year agreements. It offers its service offerings in markets, including wireless services and electrical transmission.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Heavy Construction
- Sub-Industry: Construction & Engineering
- Exchange: NYSE
- Symbol: MTZ
- CUSIP: 57632310
- Previous Close: $40.00
- 50 Day Moving Average: $37.51
- 200 Day Moving Average: $33.56
- 52-Week Range: $15.85 - $41.90
- Trailing P/E Ratio: 3636.36
- Foreward P/E Ratio: 17.06
- P/E Growth: 1.27
- Market Cap: $3.22B
- Outstanding Shares: 80,470,000
- Beta: 1.36
- Net Margins: 0.02%
- Return on Equity: 10.76%
- Return on Assets: 3.41%
Companies Related to MasTec:
- Debt-to-Equity Ratio: 0.92%
- Current Ratio: 1.51%
- Quick Ratio: 1.39%
What is MasTec's stock symbol?
MasTec trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTZ."
Where is MasTec's stock going? Where will MasTec's stock price be in 2017?
11 brokerages have issued 12 month price objectives for MasTec's shares. Their forecasts range from $16.00 to $50.00. On average, they anticipate MasTec's stock price to reach $36.30 in the next year.
When will MasTec announce their earnings?
MasTec is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
What are analysts saying about MasTec stock?
Here are some recent quotes from research analysts about MasTec stock:
Canaccord Genuity analysts commented, "We reiterate a BUY rating for MTZ following upside for Q4 and 2017 guidance above expectations. Oil and Gas looks to be the primary driver of growth again in 2017, but with a cessation of the EBITDA headwinds in Electrical Transmission enhancing the profitability outlook as well. Importantly the long term view for Communications looks constructive especially for gigabit fiber and 5G deployments. While management was cautious with its commentary on Oil and Gas margins in 2H17, we believe upside could materialize in this segment if MTZ can execute at a level similar to 2016. We are increasing our estimates and our price target is raised to $48 from $42. Investment highlights MTZ reported Q4/16 earnings results of $1341.9M in revenues and adjusted EPS of $0.70, ahead of our estimates and consensus of $1302.8M/$0.54 and $1310M/ $0.54 respectively and guidance of $1.3B in revenues and EPS of $0.54. Upside was from strength in Oil and Gas and a return to profitability for the Electrical Transmission segment, which was EBITDA positive for the first time in eight quarters." (2/24/2017)
- FBR & Co analysts commented, "On Thursday, February 23 after the close, MasTec announced 4Q16 results that were well ahead of our and consensus expectations and provided 2017 EPS guidance that is 12% above consensus estimates. In summary, the strong quarter and outlook were principally driven by the outstanding performance within the company's oil and gas segment, where the company has mostly completed the Dakota Access pipeline and just recently started construction on the Rover pipeline. MTZ has a high level of visibility into 2017, and specifically within the O&G segment, could become a major beneficiary of a pro-energy infrastructure Administration in Washington over the next few years. We will have more details following the company's conference call this morning." (2/24/2017)
According to Zacks Investment Research, "For fourth-quarter 2016 MasTec expects revenues of $1.3 billion, adjusted EBITDA of $132 million and earnings per share of $0.54 per share, a respective year-over-year increase of 27%, 61% and 157%. For 2016, MasTec raised its adjusted earnings per share guidance to $1.73 and revenues to $5.1 billion and adjusted EBITDA to $455 million. The company will benefit from full ramp-up on several large oil and gas projects along with a strong backlog. Further, strong demand in electric distribution and fiber rollout as well as opportunities in the wireless market remain tailwinds.The company's share price has outperformed the Zacks categorized sub industry over the last six months. However, MasTec’s 2016 results will be affected by weakness in Canadian Oil and Gas business as well as the Transmission business. Further, stiff competition remains a headwind for the company." (1/4/2017)
Who owns MasTec stock?
MasTec's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.66%), Frontier Capital Management Co. LLC (3.59%), State Street Corp (1.49%), Allianz Asset Management AG (0.87%), FIL Ltd (0.71%) and FMR LLC (0.67%). Company insiders that own MasTec stock include James William Collins, Jorge Mas, Jose Ramon Mas, Julia L Johnson, Robert E Apple and Robert J Dwyer.
Who sold MasTec stock? Who is selling MasTec stock?
MasTec's stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Cortina Asset Management LLC, Billings Capital Management LLC, FIL Ltd, Dimensional Fund Advisors LP, Royce & Associates LP, Oxford Asset Management and Two Sigma Investments LP. Company insiders that have sold MasTec stock in the last year include Robert E Apple and Robert J Dwyer.
Who bought MasTec stock? Who is buying MasTec stock?
MasTec's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., 1060 Capital LLC, Thomas J. Herzfeld Advisors Inc., Turner Investments LLC, State Street Corp, Menta Capital LLC and Federated Investors Inc. PA. Company insiders that have bought MasTec stock in the last two years include James William Collins, Jorge Mas, Jose Ramon Mas and Julia L Johnson.
How do I buy MasTec stock?
Shares of MasTec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of MasTec stock cost?
One share of MasTec stock can currently be purchased for approximately $40.10.