NYSE:MTZ - MasTec Stock Price, News, & Analysis

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$45.19 +0.36 (+0.80 %)
(As of 01/16/2019 02:55 PM ET)
Previous Close$44.83
Today's Range$44.78 - $45.39
52-Week Range$37.24 - $55.53
Volume14,390 shs
Average Volume875,808 shs
Market Capitalization$3.54 billion
P/E Ratio16.53
Dividend YieldN/A
Beta1.4
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cable, and power lines, which provide wireless and wireline/fiber communications; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure; and other civil construction infrastructure. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, and satellite dishes, as well as home security, home automation, and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including natural gas and petroleum pipeline, communications, electrical distribution and transmission, power generation infrastructure, and heavy civil infrastructure; emergency services for accidents or storm damage; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, satellite and broadband operators, install-to-the-home service providers, and government entities. The company was founded in 1929 and is headquartered in Coral Gables, Florida.

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Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP57632310
Phone305-599-1800

Debt

Current Ratio1.94
Quick Ratio1.85

Price-To-Earnings

Sales & Book Value

Annual Sales$6.61 billion
Price / Sales0.54
Cash Flow$5.01 per share
Price / Cash Flow9.02
Book Value$17.32 per share
Price / Book2.61

Profitability

Net Income$347.21 million
Net Margins5.89%
Return on Assets5.48%

Miscellaneous

Employees17,300
Market Cap$3.54 billion
OptionableOptionable

MasTec (NYSE:MTZ) Frequently Asked Questions

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) issued its earnings results on Thursday, November, 1st. The construction company reported $1.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.13. The construction company had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.99 billion. MasTec had a net margin of 5.89% and a return on equity of 17.01%. The firm's quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.82 EPS. View MasTec's Earnings History.

When is MasTec's next earnings date?

MasTec is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for MasTec.

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

MasTec issued an update on its fourth quarter earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $1.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.05. The company issued revenue guidance of $1.9 billion, compared to the consensus revenue estimate of $1.89 billion.MasTec also updated its FY 2018 guidance to $3.76-3.76 EPS.

What price target have analysts set for MTZ?

9 analysts have issued 12 month price targets for MasTec's shares. Their forecasts range from $48.00 to $71.00. On average, they anticipate MasTec's share price to reach $62.3333 in the next year. This suggests a possible upside of 38.0% from the stock's current price. View Analyst Price Targets for MasTec.

What is the consensus analysts' recommendation for MasTec?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MasTec.

Has MasTec been receiving favorable news coverage?

Press coverage about MTZ stock has been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. MasTec earned a coverage optimism score of 2.8 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the stock's share price in the immediate future.

Who are some of MasTec's key competitors?

Who are MasTec's key executives?

MasTec's management team includes the folowing people:
  • Mr. José Ramon Mas, CEO & Director (Age 48)
  • Mr. George L. Pita, Exec. VP & CFO (Age 57)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 69)
  • Mr. Alberto I. de Cardenas, Exec. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. J. Marc Lewis, VP of Investor Relations

Who are MasTec's major shareholders?

MasTec's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Community Trust & Investment Co. (0.35%), Retirement Systems of Alabama (0.23%), Hennessy Advisors Inc. (0.08%), IMA Wealth Inc. (0.04%), Louisiana State Employees Retirement System (0.02%) and Sheets Smith Wealth Management (0.01%). Company insiders that own MasTec stock include C Robert Campbell, Cardenas Alberto De, Jose S Sorzano, Julia L Johnson and Robert E Apple. View Institutional Ownership Trends for MasTec.

Which major investors are selling MasTec stock?

MTZ stock was sold by a variety of institutional investors in the last quarter, including Community Trust & Investment Co., Hennessy Advisors Inc. and Sheets Smith Wealth Management. Company insiders that have sold MasTec company stock in the last year include Cardenas Alberto De, Julia L Johnson and Robert E Apple. View Insider Buying and Selling for MasTec.

Which major investors are buying MasTec stock?

MTZ stock was purchased by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, IMA Wealth Inc., Louisiana State Employees Retirement System and Virtu Financial LLC. View Insider Buying and Selling for MasTec.

How do I buy shares of MasTec?

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

What is MasTec's stock price today?

One share of MTZ stock can currently be purchased for approximately $45.17.

How big of a company is MasTec?

MasTec has a market capitalization of $3.54 billion and generates $6.61 billion in revenue each year. The construction company earns $347.21 million in net income (profit) each year or $2.73 on an earnings per share basis. MasTec employs 17,300 workers across the globe.

What is MasTec's official website?

The official website for MasTec is http://www.mastec.com.

How can I contact MasTec?

MasTec's mailing address is 800 S. Douglas Road 12th Floor, Coral Gables FL, 33134. The construction company can be reached via phone at 305-599-1800 or via email at [email protected]


MarketBeat Community Rating for MasTec (NYSE MTZ)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  534 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  803
MarketBeat's community ratings are surveys of what our community members think about MasTec and other stocks. Vote "Outperform" if you believe MTZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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