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NYSE:MTZ

MasTec (MTZ) Stock Price, News & Analysis

$109.58
+4.60 (+4.38%)
(As of 07/26/2024 ET)
Today's Range
$105.43
$109.87
50-Day Range
$100.58
$112.25
52-Week Range
$44.65
$123.33
Volume
612,583 shs
Average Volume
864,490 shs
Market Capitalization
$8.71 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$117.62

MasTec MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
7.3% Upside
$117.62 Price Target
Short Interest
Healthy
4.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of MasTec in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$524,010 Sold Last Quarter
Proj. Earnings Growth
52.51%
From $2.59 to $3.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Construction Sector

44th out of 101 stocks

Water, Sewer, & Utility Lines Industry

2nd out of 5 stocks

MTZ stock logo

About MasTec Stock (NYSE:MTZ)

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company build infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, including natural gas, water, carbon capture sequestration, and other product transport; power delivery services, such as electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure, including roads, bridges, and rail; and water infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation, power generation, civil and industrial facilities, pipelines, and fiber optic and other cables, as well as install-to-the-home services. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and civil and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, including renewable and other energy providers, pipeline operators, civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

MTZ Stock Price History

MTZ Stock News Headlines

Deep Dive Into MasTec Stock: Analyst Perspectives (14 Ratings)
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
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A Closer Look at 21 Analyst Recommendations For MasTec
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
57632310
Employees
34,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$117.62
High Stock Price Target
$132.00
Low Stock Price Target
$92.00
Potential Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$-49,950,000.00
Pretax Margin
-0.02%

Debt

Sales & Book Value

Annual Sales
$12.00 billion
Cash Flow
$9.65 per share
Book Value
$34.52 per share

Miscellaneous

Free Float
62,533,000
Market Cap
$8.71 billion
Optionable
Optionable
Beta
1.65
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MTZ Stock Analysis - Frequently Asked Questions

How have MTZ shares performed this year?

MasTec's stock was trading at $75.72 at the beginning of 2024. Since then, MTZ shares have increased by 44.7% and is now trading at $109.58.
View the best growth stocks for 2024 here
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) released its quarterly earnings data on Thursday, May, 2nd. The construction company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.56) by $0.33. The construction company had revenue of $2.69 billion for the quarter, compared to analysts' expectations of $2.62 billion. MasTec had a negative net margin of 0.09% and a positive trailing twelve-month return on equity of 6.19%.

What is José R. Mas' approval rating as MasTec's CEO?

210 employees have rated MasTec Chief Executive Officer José R. Mas on Glassdoor.com. José R. Mas has an approval rating of 61% among the company's employees. This puts José R. Mas in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are MasTec's major shareholders?

Top institutional investors of MasTec include Allspring Global Investments Holdings LLC (2.22%), Bank of New York Mellon Corp (0.62%), DNB Asset Management AS (0.47%) and Country Trust Bank (0.39%). Insiders that own company stock include C Robert Campbell, Paul Dimarco, Javier Alberto Palomarez and Timothy Michael Love.
View institutional ownership trends
.

How do I buy shares of MasTec?

Shares of MTZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MasTec own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MasTec investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), AT&T (T), Bank of America (BAC) and Cisco Systems (CSCO).

This page (NYSE:MTZ) was last updated on 7/26/2024 by MarketBeat.com Staff

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