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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:MTZ

MasTec Stock Forecast, Price & News

$72.08
+0.42 (+0.59%)
(As of 07/1/2022 08:44 PM ET)
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Today's Range
$69.50
$72.29
50-Day Range
$68.67
$87.16
52-Week Range
$67.31
$107.00
Volume
476,400 shs
Average Volume
687,600 shs
Market Capitalization
$5.47 billion
P/E Ratio
23.33
Dividend Yield
N/A
Price Target
$109.64

MasTec MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
52.1% Upside
$109.64 Price Target
Short Interest
Healthy
4.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of MasTec in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.72%
From $3.96 to $5.81 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.22 out of 5 stars

Construction Sector

51st out of 134 stocks

Water, Sewer, & Utility Lines Industry

2nd out of 8 stocks

30 days | 90 days | 365 days | Advanced Chart

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MasTec logo

About MasTec (NYSE:MTZ) Stock

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 Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, product transport; electrical and gas transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as 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 communications, power generation, pipeline, electrical distribution and transmission, and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

MTZ Stock News Headlines

MasTec (NYSE:MTZ) Sets New 1-Year Low at $70.28
MasTec Rally Continues - Nasdaq
The Math Shows XMHQ Can Go To $91 - Nasdaq
See More Headlines

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
57632310
Employees
25,000
Year Founded
N/A

Company Calendar

Last Earnings
5/05/2022
Today
7/03/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$109.64
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$96.00
Forecasted Upside/Downside
+52.1%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
6 Analysts

Profitability

Net Income
$328.83 million
Pretax Margin
3.52%

Debt

Sales & Book Value

Annual Sales
$7.95 billion
Cash Flow
$10.94 per share
Book Value
$34.24 per share

Miscellaneous

Free Float
59,354,000
Market Cap
$5.47 billion
Optionable
Optionable
Beta
1.29














MasTec Frequently Asked Questions

Should I buy or sell MasTec stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MasTec stock.
View analyst ratings for MasTec
or view top-rated stocks.

What is MasTec's stock price forecast for 2022?

6 Wall Street research analysts have issued 12-month target prices for MasTec's stock. Their MTZ stock forecasts range from $96.00 to $120.00. On average, they expect MasTec's stock price to reach $109.64 in the next year. This suggests a possible upside of 52.1% from the stock's current price.
View analysts' price targets for MasTec
or view top-rated stocks among Wall Street analysts.

How has MasTec's stock performed in 2022?

MasTec's stock was trading at $92.28 on January 1st, 2022. Since then, MTZ shares have decreased by 21.9% and is now trading at $72.08.
View the best growth stocks for 2022 here
.

When is MasTec's next earnings date?

MasTec is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for MasTec
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) posted its earnings results on Thursday, May, 5th. The construction company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.10. The construction company earned $1.95 billion during the quarter, compared to analysts' expectations of $1.79 billion. MasTec had a net margin of 2.81% and a trailing twelve-month return on equity of 12.91%. The company's quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 earnings per share.
View MasTec's earnings history
.

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

MasTec updated its second quarter 2022 earnings guidance on Monday, May, 30th. The company provided earnings per share (EPS) guidance of $0.72-$0.72 for the period, compared to the consensus earnings per share estimate of $1.02. The company issued revenue guidance of $2.20 billion-$2.20 billion, compared to the consensus revenue estimate of $2.34 billion.

Who are MasTec's key executives?

MasTec's management team includes the following people:
  • Mr. Jose Ramon Mas, CEO & Director (Age 51, Pay $3.62M)
  • Mr. George L. Pita, Exec. VP & CFO (Age 60, Pay $1.68M) (LinkedIn Profile)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 72, Pay $2.14M) (LinkedIn Profile)
  • Mr. Alberto I. de Cardenas Esq., Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $1.08M)
  • Mr. J. Marc Lewis, VP of Investor Relations
  • Mr. Gary L. Smith, Sr. VP of Communications Group
  • Mr. Pablo A. Alvarez, Exec. VP of Mergers & Acquisitions
  • Mr. Paul Dimarco, Sr. VP & Treasurer

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

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

What other stocks do shareholders of MasTec own?

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

What is MasTec's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MasTec's stock price today?

One share of MTZ stock can currently be purchased for approximately $72.08.

How much money does MasTec make?

MasTec (NYSE:MTZ) has a market capitalization of $5.47 billion and generates $7.95 billion in revenue each year. The construction company earns $328.83 million in net income (profit) each year or $3.089990 on an earnings per share basis.

How many employees does MasTec have?

MasTec employs 25,000 workers across the globe.

How can I contact MasTec?

MasTec's mailing address is 800 S. Douglas Road 12th Floor, Coral Gables FL, 33134. The official website for MasTec is www.mastec.com. The construction company can be reached via phone at (305) 599-1800, via email at marc.lewis@mastec.com, or via fax at 305-406-1960.

This page (NYSE:MTZ) was last updated on 7/4/2022 by MarketBeat.com Staff

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