Shares of MasTec, Inc. (NYSE:MTZ – Get Free Report) have received an average rating of “Moderate Buy” from the twelve analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $96.85.
Several research firms recently commented on MTZ. Citigroup boosted their price objective on shares of MasTec from $99.00 to $104.00 and gave the stock a “buy” rating in a research note on Monday. Craig Hallum raised shares of MasTec from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $50.00 to $96.00 in a research note on Monday, March 4th. TD Cowen boosted their price objective on shares of MasTec from $85.00 to $105.00 and gave the stock an “outperform” rating in a research note on Monday, March 4th. The Goldman Sachs Group boosted their price objective on shares of MasTec from $54.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, February 9th. Finally, Barclays upped their target price on shares of MasTec from $55.00 to $106.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 5th.
Get Our Latest Stock Analysis on MTZ
Institutional Inflows and Outflows
MasTec Price Performance
Shares of NYSE MTZ opened at $86.22 on Friday. MasTec has a 1 year low of $44.65 and a 1 year high of $123.33. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.40 and a quick ratio of 1.36. The company’s 50-day moving average is $85.22 and its 200 day moving average is $71.88. The stock has a market capitalization of $6.85 billion, a P/E ratio of -130.64 and a beta of 1.62.
MasTec (NYSE:MTZ – Get Free Report) last posted its quarterly earnings data on Thursday, February 29th. The construction company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.37 by $0.20. MasTec had a negative net margin of 0.42% and a positive return on equity of 4.82%. The business had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.26 billion. On average, sell-side analysts expect that MasTec will post 2.33 earnings per share for the current year.
MasTec Company Profile
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.
Read More
- Five stocks we like better than MasTec
- Energy and Oil Stocks Explained
- Hasbro’s Management Made All the Right Calls This Quarter
- Basic Materials Stocks Investing
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- How to buy stock: A step-by-step guide for beginners
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for MasTec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MasTec and related companies with MarketBeat.com's FREE daily email newsletter.