Latest news with #MasTec
Yahoo
15 hours ago
- Business
- Yahoo
MasTec price target raised to $213 from $193 at Jefferies
Jefferies raised the firm's price target on MasTec (MTZ) to $213 from $193 and keeps a Buy rating on the shares. MasTec had 'solid' momentum in Q2, with a focus on end-market strength, backlog, and margins, the analyst tells investors in a research note. Jefferies views shares as among most compelling across its coverage. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on MTZ: Disclaimer & DisclosureReport an Issue MasTec upgraded to Buy from Neutral at Goldman Sachs MasTec price target raised to $181 from $171 at Stifel MasTec Confirms Directors and Approves Key Proposals Charter upgraded, Cisco downgraded: Wall Street's top analyst calls MasTec initiated with a Buy at Jefferies 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
4 days ago
- Business
- Yahoo
MasTec, Inc. (MTZ) Soars to 52-Week High, Time to Cash Out?
Shares of MasTec (MTZ) have been strong performers lately, with the stock up 9.1% over the past month. The stock hit a new 52-week high of $167.03 in the previous session. MasTec has gained 22.2% since the start of the year compared to the -2.3% move for the Zacks Construction sector and the 9% return for the Zacks Building Products - Heavy Construction industry. The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 1, 2025, MasTec reported EPS of $.51 versus consensus estimate of $.34 while it beat the consensus revenue estimate by 4.73%. For the current fiscal year, MasTec is expected to post earnings of $6.07 per share on $13.66 billion in revenues. This represents a 53.67% change in EPS on a 11.03% change in revenues. For the next fiscal year, the company is expected to earn $7.1 per share on $14.79 billion in revenues. This represents a year-over-year change of 16.97% and 8.3%, respectively. Though MasTec has recently hit a 52-week high, what is next for MasTec? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level. On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style. MasTec has a Value Score of C. The stock's Growth and Momentum Scores are A and F, respectively, giving the company a VGM Score of B. In terms of its value breakdown, the stock currently trades at 27.4X current fiscal year EPS estimates, which is a premium to the peer industry average of 21X. On a trailing cash flow basis, the stock currently trades at 16.6X versus its peer group's average of 12.7X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective. We also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, MasTec currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if MasTec fits the bill. Thus, it seems as though MasTec shares could have a bit more room to run in the near term. Shares of MTZ have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Primoris Services Corporation (PRIM). PRIM has a Zacks Rank of #2 (Buy) and a Value Score of A, a Growth Score of A, and a Momentum Score of F. Earnings were strong last quarter. Primoris Services Corporation beat our consensus estimate by 36.11%, and for the current fiscal year, PRIM is expected to post earnings of $4.44 per share on revenue of $6.73 billion. Shares of Primoris Services Corporation have gained 7.3% over the past month, and currently trade at a forward P/E of 17.16X and a P/CF of 13.83X. The Building Products - Heavy Construction industry is in the top 2% of all the industries we have in our universe, so it looks like there are some nice tailwinds for MTZ and PRIM, even beyond their own solid fundamental situation. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MasTec, Inc. (MTZ) : Free Stock Analysis Report Primoris Services Corporation (PRIM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
Is It Too Late To Consider Buying MasTec, Inc. (NYSE:MTZ)?
Today we're going to take a look at the well-established MasTec, Inc. (NYSE:MTZ). The company's stock saw a significant share price rise of 54% in the past couple of months on the NYSE. The company is now trading at yearly-high levels following the recent surge in its share price. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Today we will analyse the most recent data on MasTec's outlook and valuation to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Good news, investors! MasTec is still a bargain right now. Our valuation model shows that the intrinsic value for the stock is $205.64, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. What's more interesting is that, MasTec's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. Check out our latest analysis for MasTec Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. MasTec's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? Since MTZ is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on MTZ for a while, now might be the time to make a leap. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy MTZ. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed buy. In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. For example, we've found that MasTec has 2 warning signs (1 is a bit concerning!) that deserve your attention before going any further with your analysis. If you are no longer interested in MasTec, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
Despite lower earnings than five years ago, MasTec (NYSE:MTZ) investors are up 289% since then
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of MasTec, Inc. (NYSE:MTZ) stock is up an impressive 289% over the last five years. In more good news, the share price has risen 29% in thirty days. We note that MasTec reported its financial results recently; luckily, you can catch up on the latest revenue and profit numbers in our company report. In light of the stock dropping 3.4% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the five years of share price growth, MasTec moved from a loss to profitability. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We know that MasTec has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts. It's nice to see that MasTec shareholders have received a total shareholder return of 36% over the last year. That's better than the annualised return of 31% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Case in point: We've spotted 2 warning signs for MasTec you should be aware of, and 1 of them is significant. We will like MasTec better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
MasTec Gains 18% in 3 Months: Should Investors Buy the Stock Now?
Shares of MasTec, Inc. MTZ have gained 18.8% over the past three months, outperforming 7.1% growth in the Zacks Building Products - Heavy Construction industry. The stock has also surpassed the broader Construction sector's rise of 0.8% and the S&P 500 index's 3% fall during the same Coral Gables, FL-based leading infrastructure construction company recently reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The company's top line increased 6% year over year, supported by strong non-pipeline performance, growth in the pipeline market and a solid backlog that is also supporting end-market growth. Owing to strong momentum and progress in the non-pipeline business, the company raised its 2025 guidance. (read more: MasTec Q1 Earnings & Revenues Beat, 2025 Guidance Raised) Image Source: Zacks Investment Research The MTZ stock has outperformed some other players in the past three months, including AECOM ACM, EMCOR Group, Inc. EME and Fluor Corporation FLR. In the said time frame, AECOM and EMCOR have gained 9.7% and 10%, respectively, while Fluor has declined 3.4%.Let us take a closer look at the factors driving MasTec's recent gain and what this may signal for the stock going forward. MasTec's focus on expanding its non-pipeline segments has helped balance the performance across the business. Strong activity in communications, power and clean energy has supported steady growth, even amid softness in the pipeline segment. Non-pipeline revenues grew 21% year over year in the first quarter, supported by the demand for broadband infrastructure, grid modernization and clean energy projects. Backed by strong performance in non-pipeline operations, the company is positioned for steady growth in 2025 and the long term. The Communications Segment shows steady demand for wireless and wireline infrastructure. Growth is driven by broadband expansion and increasing data center investments. The segment benefits from a broad customer base and ongoing technology upgrades, reflecting stable market the first quarter, revenues increased from most of the company's top 10 customers. The wireless business grew due to a wider geographic reach and a broader range of services. Demand for wireline services remains supported by broadband build-outs and federal funding. Growth in middle-mile broadband and increased hyperscaler spending on data centers is driving fiber demand. Project opportunities show no significant impact of macro concerns related to AI power usage. The company's data center work spans multiple segments and is coordinated through a central office for effective customer outreach. The company continues to benefit from strong backlog trends, supported by its diversified business model and steady demand across key markets. The company's ability to secure new contracts across multiple segments is providing revenue visibility and reinforcing its growth of March 31, 2025, MasTec had an 18-month backlog of $15.88 billion, up 23.7% year over year and 11% sequentially. This upside was driven by strong bookings across all four segments, most significantly by Pipeline Infrastructure. The ability to secure new contracts across multiple infrastructure verticals has reinforced MasTec's long-term growth potential. Despite tariff-driven material inflation and potential changes in federal renewable support, the Clean Energy and Infrastructure segment remains strong. The company views renewables as a competitive and viable source of clean power for the future. Backlog for this segment increased sequentially to a record level of $4.4 some timing headwinds may arise from changes to the IRA and other policies, the current administration's pro-energy stance and efforts to reduce regulations can speed up project permitting. Moreover, the company does not see significant risks to its 2025 business outlook. Wall Street analysts remain optimistic about MTZ's earnings potential. Over the past 30 days, earnings estimates for 2025 have been revised upward to $6.12 from $5.55, as shown below. The estimated figure indicates growth of 54.9% from that reported a year ago. Image Source: Zacks Investment Research As MasTec has outperformed the industry in the past three months, its valuation looks a bit stretched compared with the industry average. Looking at the company's forward 12-month Price/Earnings ratio (P/E F12M), it is currently overvalued compared with the industry, as shown in the chart below. A high valuation raises concerns about the sustainability of its current price if the company's future performance does not meet investors' expectations. Image Source: Zacks Investment Research MTZ demonstrates strong growth, supported by a solid backlog and diversification across key business segments, including communications and clean energy. While some challenges remain concerning, such as softness in the pipeline segment and regulatory uncertainties, the company's earnings outlook has seen positive revisions for a Zacks Rank #2 (Buy) at present, MasTec is an attractive investment, offering compelling growth potential in the infrastructure sector. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fluor Corporation (FLR) : Free Stock Analysis Report AECOM (ACM) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report MasTec, Inc. (MTZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
