MasTec, Inc. (MTZ)
| Market Cap | 6.58B |
| Revenue (ttm) | 7.07B |
| Net Income (ttm) | 370.71M |
| Shares Out | 72.50M |
| EPS (ttm) | 5.04 |
| PE Ratio | 17.71 |
| Forward PE | 15.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 851,009 |
| Open | 88.73 |
| Previous Close | 88.54 |
| Day's Range | 87.64 - 89.58 |
| 52-Week Range | 45.81 - 122.33 |
| Beta | 1.29 |
| Analysts | Strong Buy |
| Price Target | 122.58 (+37.4%) |
| Est. Earnings Date | Nov 4, 2021 |
About 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, Electrical Transmission, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber com...
Financial Performance
In 2020, MasTec's revenue was $6.32 billion, a decrease of -12.00% compared to the previous year's $7.18 billion. Earnings were $322.85 million, a decrease of -17.71%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for MasTec stock is "Strong Buy." The 12-month stock price forecast is 122.58, which is an increase of 37.41% from the latest price.
News
MasTec Schedules Third Quarter 2021 Earnings Release and Conference Call
CORAL GABLES, Fla., Oct. 25, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2021 after the market closes on ...
Goldman Sachs Initiates Mastec With Buy, Sees 32% Upside
Goldman Sachs analyst Neil Mehta initiated MasTec, Inc. (NYSE:MTZ) coverage with a Buy rating and a price target of $120, implying an upside of 32.74%. Mehta says the company is levered to long-term sec...
These 3 Renewable Energy Stocks Should Benefit From a New Infrastructure Bill
More than a trillion dollars could be flowing into infrastructure spending and these companies could be big winners if Congress passes an infrastructure bill.
Is MasTec (MTZ) Stock Outpacing Its Construction Peers This Year?
Is (MTZ) Outperforming Other Construction Stocks This Year?
MasTec Senior Management to Present at the Morgan Stanley and DADCO Virtual Investor Conferences
CORAL GABLES, Fla., Sept. 7, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be presenting at the Morgan Stanley Laguna Virtual Conference on Tuesday, Septe...
Focus on Clean Energy Aids MasTec (MTZ) Amid Challenges
MasTec (MTZ) gains from the country's clean energy drive and acquisitions. Yet, volatility in the energy market remains a risk.
Ron Muhlenkamp's Firm Goes 1 for 1 in 2nd Quarter
Muhlenkamp & Co. Inc., the investment firm founded by Ronald Muhlenkamp (Trades, Portfolio), released its portfolio for the second quarter earlier this month.
Has MasTec (MTZ) Outpaced Other Construction Stocks This Year?
Is (MTZ) Outperforming Other Construction Stocks This Year?
MasTec (MTZ) Shares Up on Q2 Earnings Beat, View Raised
MasTec (MTZ) posts strong Q2 results, which reflect solid end-market opportunities across non Oil & Gas segments.
MasTec (MTZ) Q2 Earnings Surpass Estimates
MasTec (MTZ) delivered earnings and revenue surprises of 4.00% and -6.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
MasTec Announces Second Quarter 2021 Results with Record Backlog and Updates Annual Guidance
CORAL GABLES, Fla., Aug. 5, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced strong second quarter 2021 financial results and updated its guidance for the remainder of 2021.
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Why the Earnings Surprise Streak Could Continue for MasTec (MTZ)
MasTec (MTZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MasTec (MTZ) to Report Q2 Earnings: What's in the Offing?
MasTec's (MTZ) Q2 results are likely to reflect segmental benefits.
MasTec (MTZ) Dips More Than Broader Markets: What You Should Know
In the latest trading session, MasTec (MTZ) closed at $99.14, marking a -0.71% move from the previous day.
MasTec (MTZ) Earnings Expected to Grow: What to Know Ahead of Q2 Release
MasTec (MTZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MasTec Schedules Second Quarter 2021 Earnings Release and Conference Call
CORAL GABLES, Fla., July 22, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended June 30, 2021 after the market closes on Thurs...
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As of Wednesday, GuruFocus' Buffett-Munger strategy has returned approximately 17.69% year to date, outperforming the Standard & Poor's 500 Index benchmark return of 13.97% over the same period. The fiv...
MasTec (MTZ) Rallies 134% in Past Year: More Upside Left?
Strong backlog at Clean Energy and Infrastructure, robust prospects of the segments and accretive acquisition strategies will help MasTec (MTZ) generate higher profits.
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MasTec (MTZ) Upgraded to Strong Buy: Here's Why
MasTec (MTZ) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.