MasTec Company Profile (NYSE:MTZ)

About MasTec (NYSE:MTZ)

MasTec logoMasTec, Inc. is an infrastructure construction company. The Company operates primarily across North America through a range of industries. The Company operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. Its primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, such as wireless, wireline/fiber, satellite communications and customer fulfillment activities; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; conventional and renewable power generation, and industrial infrastructure. The Company offered its services primarily under the MasTec service mark and had operations across 510 locations as of December 31, 2016. It provides services under master service and other service agreements, which are generally multi-year agreements.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Heavy Construction
  • Sub-Industry: Construction & Engineering
  • Symbol: NYSE:MTZ
  • CUSIP: 57632310
  • Web: www.mastec.com
Capitalization:
  • Market Cap: $3.35 billion
  • Outstanding Shares: 80,900,000
Average Prices:
  • 50 Day Moving Avg: $42.73
  • 200 Day Moving Avg: $38.79
  • 52 Week Range: $20.86 - $47.90
P/E:
  • Trailing P/E Ratio: 19.45
  • Foreward P/E Ratio: 15.58
  • P/E Growth: 0.57
Sales & Book Value:
  • Annual Revenue: $5.32 billion
  • Price / Sales: 0.63
  • Book Value: $14.12 per share
  • Price / Book: 2.94
Profitability:
  • EBIDTA: $532.44 million
  • Net Margins: 0.02%
  • Return on Equity: 10.76%
  • Return on Assets: 3.41%
Debt:
  • Debt-to-Equity Ratio: 0.92%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.39%
Misc:
  • Average Volume: 876,321 shs.
  • Beta: 1.36
  • Short Ratio: 3.73
 

Frequently Asked Questions for MasTec (NYSE:MTZ)

What is MasTec's stock symbol?

MasTec trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTZ."

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.59 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.08. The company had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $1.06 billion. MasTec had a net margin of 0.02% and a return on equity of 10.76%. MasTec's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.02 earnings per share. View MasTec's Earnings History.

What guidance has MasTec issued on next quarter's earnings?

MasTec updated its second quarter earnings guidance on Thursday, May, 4th. The company provided EPS guidance of ~$0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.57. The company issued revenue guidance of ~$1.5 billion, compared to the consensus revenue estimate of $1.41 billion.

Where is MasTec's stock going? Where will MasTec's stock price be in 2017?

12 equities research analysts have issued 12 month price targets for MasTec's shares. Their predictions range from $16.00 to $57.00. On average, they expect MasTec's stock price to reach $42.00 in the next twelve months. View Analyst Ratings for MasTec.

What are analysts saying about MasTec stock?

Here are some recent quotes from research analysts about MasTec stock:

  • 1. According to Zacks Investment Research, "MasTec’s first-quarter revenues and record earnings per share delivered year-over-year improvement and also beat the Zacks Consensus Estimates on both counts. Further, the company’s record 18-month backlog as of Mar 31, 2017 increased approximately 5% compared with Dec 31, 2016 to $5.7 billion. MasTec acquired SEFNCO Communications, Inc., that will help expand its geographic and customer capacity in the wireline/fiber deployment market. The company will gain from solid prospects for its communications business. large industry awards and solid backlog. It also outperformed the Zacks categorized Building-Heavy Construction industry in the past one year. However, MasTec's results will be hurt by lower commodity prices, general oil and gas environment in Canada and delay of large transmission projects. Fluctuations in foreign currency and strong competition also remain headwinds." (5/11/2017)
  • 2. 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)
  • 3. 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)

Who are some of MasTec's key competitors?

Who owns MasTec stock?

MasTec's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.54%), BlackRock Inc. (6.44%), Peconic Partners LLC (5.92%), Dimensional Fund Advisors LP (5.56%), Frontier Capital Management Co. LLC (3.43%) and Macquarie Group Ltd. (3.36%). 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. View Institutional Ownership Trends for MasTec.

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 Dimensional Fund Advisors LP, FMR LLC, Macquarie Group Ltd., Ameriprise Financial Inc., Morgan Stanley, Teachers Advisors LLC, Irving Magee Investment Management and American Century Companies Inc.. View Insider Buying and Selling for MasTec.

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 BlackRock Inc., Vanguard Group Inc., Prudential Financial Inc., Boston Advisors LLC, Nationwide Fund Advisors, Daiwa Securities Group Inc., Wells Fargo & Company MN and Bank of America Corp DE. 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. View Insider Buying and Selling for MasTec.

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 $41.45.

Analyst Ratings

Consensus Ratings for MasTec (NYSE:MTZ) (?)
Ratings Breakdown: 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $42.00 (1.33% upside)

Analysts' Ratings History for MasTec (NYSE:MTZ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017FBR & CoBoost Price TargetOutperform$50.00 -> $57.00N/AView Rating Details
5/15/2017Canaccord GenuityReiterated RatingBuy$52.00N/AView Rating Details
5/8/2017DA DavidsonBoost Price TargetBuy$50.00 -> $55.00LowView Rating Details
5/8/2017Deutsche Bank AGBoost Price TargetHold$45.00 -> $50.00HighView Rating Details
4/3/2017Credit Suisse Group AGInitiated CoverageNeutral -> Neutral$42.00HighView Rating Details
1/23/2017Citigroup IncBoost Price TargetNeutral$32.00 -> $38.00N/AView Rating Details
11/29/2016KeyCorpBoost Price TargetOverweight$36.00 -> $42.00N/AView Rating Details
11/18/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
11/14/2016Stifel NicolausBoost Price TargetBuy$35.00 -> $40.00N/AView Rating Details
8/25/2016Robert W. BairdInitiated CoverageNeutral$16.00N/AView Rating Details
8/9/2016Maxim GroupBoost Price TargetBuy$26.00 -> $35.00N/AView Rating Details
8/8/2016WunderlichBoost Price TargetBuy$28.00 -> $35.00N/AView Rating Details
11/12/2015Craig HallumInitiated CoverageBuyN/AView Rating Details
9/18/2015StephensReiterated RatingBuy$24.00N/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for MasTec (NYSE:MTZ)
Earnings by Quarter for MasTec (NYSE:MTZ)
Earnings History by Quarter for MasTec (NYSE:MTZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.51$0.59$1.06 billion$1.16 billionViewListenView Earnings Details
2/23/2017Q416$0.54$0.70$1.31 billion$1.34 billionViewListenView Earnings Details
11/3/2016Q316$0.69$0.81$1.50 billion$1.59 billionViewListenView Earnings Details
8/4/2016Q216$0.23$0.36$1.16 billion$1.23 billionViewListenView Earnings Details
5/5/2016Q116($0.02)$0.02$950.93 million$974.20 millionViewListenView Earnings Details
2/25/2016Q415$0.12$0.21$958.60 million$1.03 billionViewListenView Earnings Details
11/3/2015Q315$0.33$0.26$1.14 billion$1.10 billionViewN/AView Earnings Details
8/17/2015Q215$0.08$0.10$1.03 billion$1.07 billionViewListenView Earnings Details
5/11/2015Q115$0.14$0.07$1,000.00 million$1.00 billionViewListenView Earnings Details
2/26/2015Q414$0.35$0.40$1.22 billion$1.24 billionViewListenView Earnings Details
10/30/2014Q314$0.53$0.53$1.31 billion$1.27 billionViewListenView Earnings Details
8/11/2014Q214$0.37$0.37$1.09 billion$1.10 billionViewListenView Earnings Details
5/1/2014Q114$0.20$0.21$920.95 million$964.00 millionViewListenView Earnings Details
2/27/2014Q413$0.52$0.53$1.09 billion$1.16 billionViewListenView Earnings Details
11/1/2013Q313$0.60$0.61$1.16 billion$1.27 billionViewListenView Earnings Details
8/1/2013Q2 2013$0.43$0.47$960.01 million$978.00 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.24$0.27$854.87 million$918.60 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.45$0.46$889.00 million$932.36 millionViewListenView Earnings Details
11/1/2012Q312$0.52$0.53$986.08 million$1.07 billionViewN/AView Earnings Details
8/2/2012$0.35$0.37ViewN/AView Earnings Details
5/3/2012$0.16$0.17ViewN/AView Earnings Details
2/29/2012$0.14$0.15ViewN/AView Earnings Details
11/3/2011$0.36$0.36ViewN/AView Earnings Details
8/3/2011$0.28$0.31ViewN/AView Earnings Details
5/5/2011$0.24$0.26ViewN/AView Earnings Details
2/23/2011$0.37$0.44ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MasTec (NYSE:MTZ)
2017 EPS Consensus Estimate: $2.14
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.20$0.48$0.40
Q2 20174$0.61$0.62$0.61
Q3 20174$0.68$0.73$0.70
Q4 20174$0.40$0.45$0.43
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MasTec (NYSE:MTZ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for MasTec (NYSE:MTZ)
Insider Ownership Percentage: 20.40%
Institutional Ownership Percentage: 68.50%
Insider Trades by Quarter for MasTec (NYSE:MTZ)
Institutional Ownership by Quarter for MasTec (NYSE:MTZ)
Insider Trades by Quarter for MasTec (NYSE:MTZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/26/2017Robert E AppleCOOSell25,000$45.06$1,126,500.00View SEC Filing  
6/22/2016Robert E AppleCOOSell13,739$23.77$326,576.03View SEC Filing  
6/20/2016Robert E AppleCOOSell40,000$23.57$942,800.00View SEC Filing  
3/21/2016Robert J DwyerDirectorSell5,860$19.96$116,965.60View SEC Filing  
9/30/2015Jorge MasDirectorBuy117,700$15.81$1,860,837.00View SEC Filing  
8/31/2015Julia L. JohnsonDirectorBuy15,000$15.86$237,900.00View SEC Filing  
8/26/2015Jose Ramon MasCEOBuy17,000$14.63$248,710.00View SEC Filing  
8/20/2015James William CollinsDirectorBuy200,002$0.04$8,000.08
8/20/2015Jorge MasDirectorBuy276,000$16.33$4,507,080.00View SEC Filing  
8/20/2015Jose Ramon MasCEOBuy397,647$16.34$6,497,551.98View SEC Filing  
8/18/2015James William CollinsDirectorBuy289,998$0.06$18,269.87
7/13/2015James William CollinsDirectorBuy10,000$0.09$886.00
10/30/2014James William CollinsDirectorBuy4,500$0.16$733.95
10/29/2014James William CollinsDirectorBuy88,000$0.15$12,839.20
10/27/2014James William CollinsDirectorBuy12,000$0.14$1,735.20
3/21/2014Jose Ramon MasCEOSell28,398$42.74$1,213,730.52View SEC Filing  
3/21/2014Robert AppleCOOSell11,324$42.45$480,703.80View SEC Filing  
2/20/2014Julia JohnsonDirectorSell10,000$37.04$370,400.00View SEC Filing  
1/15/2014Julia JohnsonDirectorSell7,500$35.01$262,575.00View SEC Filing  
8/14/2013Jose Ramon MasCEOSell34,844$33.32$1,161,002.08View SEC Filing  
7/22/2013Robert J DwyerDirectorSell20,000$32.47$649,400.00View SEC Filing  
7/11/2013C Robert CampbellCFOSell20,020$34.00$680,680.00View SEC Filing  
6/17/2013Jose S SorzanoDirectorSell35,000$31.84$1,114,400.00View SEC Filing  
5/15/2013C Robert CampbellCFOSell19,980$32.00$639,360.00View SEC Filing  
12/3/2012C Robert CampbellCFOSell1,674$23.00$38,502.00View SEC Filing  
11/12/2012C Robert CampbellCFOSell22,222$23.00$511,106.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MasTec (NYSE:MTZ)
Latest Headlines for MasTec (NYSE:MTZ)
Source:
DateHeadline
americanbankingnews.com logoMasTec, Inc. (MTZ) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 19 at 11:06 PM
finance.yahoo.com logoMasTec, Inc. – Value Analysis (NYSE:MTZ) : May 19, 2017
finance.yahoo.com - May 19 at 7:12 PM
finance.yahoo.com logoMasTec, Inc. breached its 50 day moving average in a Bearish Manner : MTZ-US : May 18, 2017
finance.yahoo.com - May 19 at 11:20 AM
americanbankingnews.com logo Analysts Expect MasTec, Inc. (MTZ) Will Announce Quarterly Sales of $1.49 Billion
www.americanbankingnews.com - May 17 at 12:00 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Expected to Post Earnings of $0.62 Per Share
www.americanbankingnews.com - May 15 at 9:22 AM
americanbankingnews.com logoMasTec, Inc. (MTZ) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 11 at 1:06 PM
americanbankingnews.com logoFBR & Co Research Analysts Raise Earnings Estimates for MasTec, Inc. (MTZ)
www.americanbankingnews.com - May 11 at 8:10 AM
americanbankingnews.com logoMasTec, Inc. Forecasted to Post Q2 2017 Earnings of $0.61 Per Share (MTZ)
www.americanbankingnews.com - May 11 at 8:10 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for MasTec, Inc. Increased by Analyst (MTZ)
www.americanbankingnews.com - May 10 at 8:14 AM
americanbankingnews.com logoMasTec, Inc. Expected to Earn Q2 2017 Earnings of $0.61 Per Share (MTZ)
www.americanbankingnews.com - May 10 at 8:14 AM
americanbankingnews.com logoDA Davidson Reiterates "Buy" Rating for MasTec, Inc. (MTZ)
www.americanbankingnews.com - May 8 at 7:46 PM
americanbankingnews.com logoDeutsche Bank AG Reiterates Hold Rating for MasTec, Inc. (MTZ)
www.americanbankingnews.com - May 8 at 6:00 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Stock Rating Reaffirmed by FBR & Co
www.americanbankingnews.com - May 8 at 10:16 AM
finance.yahoo.com logoEdited Transcript of MTZ earnings conference call or presentation 5-May-17 1:00pm GMT
finance.yahoo.com - May 6 at 12:03 AM
seekingalpha.com logoMasTec (MTZ) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 7:01 PM
finance.yahoo.com logoMasTec (MTZ) Tops Q1 Earnings & Revenues, Hikes '17 View
finance.yahoo.com - May 5 at 7:01 PM
finance.yahoo.com logoWhy MasTec, Inc's Shares Popped 10% Today
finance.yahoo.com - May 5 at 7:01 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Stock Rating Reaffirmed by Canaccord Genuity
www.americanbankingnews.com - May 5 at 5:38 PM
zacks.com logoMasTec (MTZ) Tops Q1 Earnings & Revenues, Hikes '17 View
www.zacks.com - May 5 at 9:23 AM
americanbankingnews.com logoMasTec, Inc. (MTZ) Announces Earnings Results
www.americanbankingnews.com - May 5 at 12:06 AM
finance.yahoo.com logoMasTec Keeps Building Higher
finance.yahoo.com - May 4 at 11:48 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Releases Q2 Earnings Guidance
www.americanbankingnews.com - May 4 at 7:31 PM
finance.yahoo.com logoMasTec Announces Record First Quarter 2017 Financial Results and Increased 2017 Annual Guidance
finance.yahoo.com - May 4 at 6:47 PM
americanbankingnews.com logoMasTec (MTZ) Given News Impact Score of -0.15
www.americanbankingnews.com - May 3 at 9:29 AM
zacks.com logoConstruction Stocks Earnings on May 4: FLR, PWR, MTZ & TREX
www.zacks.com - May 3 at 8:21 AM
americanbankingnews.com logoMasTec, Inc. (MTZ) COO Robert E. Apple Sells 25,000 Shares
www.americanbankingnews.com - April 29 at 12:42 AM
americanbankingnews.com logoMasTec (MTZ) Earns Daily News Impact Score of 0.04
www.americanbankingnews.com - April 28 at 5:33 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 26 at 7:50 PM
americanbankingnews.com logo Analysts Expect MasTec, Inc. (MTZ) Will Post Quarterly Sales of $1.06 Billion
www.americanbankingnews.com - April 26 at 12:15 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 24 at 10:35 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Expected to Post Earnings of $0.47 Per Share
www.americanbankingnews.com - April 24 at 4:24 PM
americanbankingnews.com logoVery Positive Media Coverage Likely to Impact MasTec (MTZ) Share Price
www.americanbankingnews.com - April 24 at 9:36 AM
americanbankingnews.com logoDeutsche Bank AG Reaffirms Hold Rating for MasTec, Inc. (MTZ)
www.americanbankingnews.com - April 22 at 9:09 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact MasTec (MTZ) Stock Price
www.americanbankingnews.com - April 22 at 1:00 AM
finance.yahoo.com logoMasTec Schedules First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - April 20 at 6:46 PM
finance.yahoo.com logoDycom Industries (DY) Catches Eye: Stock Adds 6% in Session
finance.yahoo.com - April 19 at 10:25 AM
americanbankingnews.com logoMasTec (MTZ) Receives Daily News Sentiment Score of 0.50
www.americanbankingnews.com - April 18 at 11:28 AM
americanbankingnews.com logoMasTec (MTZ) Receiving Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 15 at 5:15 PM
finance.yahoo.com logoExpect MasTec Shares To Continue Outperforming Over The Near Term
finance.yahoo.com - April 13 at 6:26 PM
finance.yahoo.com logoMasTec Stock Gaining on D.A. Davidson Upgrade
finance.yahoo.com - April 13 at 6:26 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Stock Rating Upgraded by DA Davidson
www.americanbankingnews.com - April 13 at 8:33 AM
nasdaq.com logoIs MasTec (MTZ) a Great Stock for Value Investors? - Nasdaq
www.nasdaq.com - April 11 at 11:07 AM
finance.yahoo.com logoMasTec (MTZ) Hits 52-Week High on Robust Growth Prospects - Yahoo Finance
finance.yahoo.com - April 11 at 11:07 AM
finance.yahoo.com logoBull Market Is Igniting These 4 Stocks: DISH Network, Extra Space Storage and More
finance.yahoo.com - April 11 at 11:07 AM
finance.yahoo.com logoMasTec (MTZ) Hits 52-Week High on Robust Growth Prospects
finance.yahoo.com - April 11 at 11:07 AM
zacks.com logoIs MasTec (MTZ) a Great Stock for Value Investors?
www.zacks.com - April 10 at 10:18 AM
finance.yahoo.com logoStock Expecting 2,450% Growth Builds Base Ahead Of Q1 Earnings
finance.yahoo.com - April 7 at 11:21 AM
americanbankingnews.com logoMasTec, Inc. (MTZ) Coverage Initiated at Credit Suisse Group AG
www.americanbankingnews.com - April 3 at 11:23 PM
finance.yahoo.com logoCoverage initiated on MasTec by Credit Suisse
finance.yahoo.com - April 3 at 5:59 PM
americanbankingnews.com logoMasTec, Inc. (MTZ) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - March 30 at 2:01 PM

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MasTec (MTZ) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff