MasTec (NYSE:MTZ) Updates FY 2025 Earnings Guidance

MasTec (NYSE:MTZ) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 5.350-5.840 for the period, compared to the consensus estimate of 5.170. The company issued revenue guidance of $13.5 billion-$13.5 billion, compared to the consensus revenue estimate of $13.3 billion. MasTec also updated its Q1 2025 guidance to 0.340-0.340 EPS.

MasTec Trading Down 4.7 %

Shares of MTZ stock traded down $6.19 on Thursday, reaching $126.34. 1,982,809 shares of the stock were exchanged, compared to its average volume of 1,023,414. MasTec has a 1-year low of $72.96 and a 1-year high of $166.95. The stock has a market cap of $10.01 billion, a P/E ratio of 112.80 and a beta of 1.73. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.76. The firm has a 50 day moving average of $141.84 and a two-hundred day moving average of $131.31.

MasTec (NYSE:MTZ) last posted its quarterly earnings results on Thursday, February 27th. The construction company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. MasTec had a return on equity of 8.27% and a net margin of 0.73%. On average, research analysts anticipate that MasTec will post 3.44 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Stifel Nicolaus lifted their target price on shares of MasTec from $155.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Robert W. Baird increased their price target on shares of MasTec from $120.00 to $153.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Guggenheim initiated coverage on shares of MasTec in a research report on Wednesday, January 8th. They set a “buy” rating and a $195.00 target price for the company. Craig Hallum lifted their target price on MasTec from $125.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday, November 4th. Finally, B. Riley reissued a “buy” rating and issued a $166.00 target price (up from $151.00) on shares of MasTec in a report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.57.

About MasTec

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.