MasTec
About: MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include engineering, building, installing, maintaining, and upgrading communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five segments: communications; clean energy and infrastructure; oil and gas; power delivery; and other.
Employees: 33,000
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
157% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 42
29% more repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 149
12% more funds holding
Funds holding: 465 [Q3] → 521 (+56) [Q4]
10% more capital invested
Capital invested by funds: $7.16B [Q3] → $7.84B (+$684M) [Q4]
1% less call options, than puts
Call options by funds: $86.9M | Put options by funds: $87.4M
0.58% less ownership
Funds ownership: 73.52% [Q3] → 72.94% (-0.58%) [Q4]
7% less funds holding in top 10
Funds holding in top 10: 15 [Q3] → 14 (-1) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$145
22%
upside
Avg. target
$168
41%
upside
High target
$195
64%
upside
8 analyst ratings
7 positive
88%
1 neutral
13%
0 negative
0%
Guggenheim Joseph Osha 38% 1-year accuracy 16 / 42 met price target | 64%upside $195 | Buy Reiterated | 25 Mar 2025 |
B. Riley Securities Alex Rygiel 46% 1-year accuracy 12 / 26 met price target | 39%upside $165 | Buy Reiterated | 19 Mar 2025 |
Barclays Adam Seiden 37% 1-year accuracy 7 / 19 met price target | 22%upside $145 | Overweight Maintained | 4 Mar 2025 |
Stifel Brian Brophy 38% 1-year accuracy 9 / 24 met price target | 47%upside $175 | Buy Maintained | 3 Mar 2025 |
Citigroup Andrew Kaplowitz 40% 1-year accuracy 33 / 82 met price target | 41%upside $167 | Buy Maintained | 3 Mar 2025 |
Financial journalist opinion
Based on 9 articles about MTZ published over the past 30 days
Positive
Zacks Investment Research
1 day ago
MasTec Stock is Trading at a Premium Than the Industry: Buy or Fold?
MasTec, Inc. MTZ is currently trading at a forward 12-month Price/Earnings ratio (P/E F12M) of 22.06, a roughly 25.2% premium to the Zacks Building Products - Heavy Construction industry average of 17.62, and higher than its five-year median. This Coral Gables, FL-based leading infrastructure construction company's solid backlog, strong financial management and focus on high-growth sectors like clean energy and communications provide a strong foundation for growth.
Positive
Zacks Investment Research
2 days ago
Here's Why MasTec (MTZ) is a Strong Momentum Stock
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Positive
Zacks Investment Research
1 week ago
Here's Why MasTec (MTZ) is a Strong Growth Stock
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Neutral
Seeking Alpha
3 weeks ago
MasTec, Inc. (MTZ) Q4 2024 Earnings Call Transcript
MasTec, Inc. (NYSE:MTZ ) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Marc Lewis - Vice President, Investor Relations José Mas - Chief Executive Officer Paul DiMarco - Chief Financial Officer Conference Call Participants Jamie Cook - Truist Securities Sangita Jain - KeyBanc Capital Markets Inc. Andrew Kaplowitz - Citigroup Inc. Justin Hauke - Robert W. Baird & Co. Adam Thalhimer - Thompson Davis & Co. Atidrip Modak - Goldman Sachs Brian Brophy - Stifel Financial Corp. Brent Thielman - D.A.
Positive
Zacks Investment Research
3 weeks ago
MasTec's Q4 Earnings & Revenues Beat Estimates, Both Up Y/Y
MTZ's fourth-quarter results reflect strong contributions from across the segments, with strong bookings of Clean Energy and Infrastructure projects.
Positive
Zacks Investment Research
3 weeks ago
Why MasTec (MTZ) is a Top Growth Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Positive
Zacks Investment Research
4 weeks ago
MasTec (MTZ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for MasTec (MTZ) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
4 weeks ago
MasTec (MTZ) Tops Q4 Earnings and Revenue Estimates
MasTec (MTZ) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $0.66 per share a year ago.
Neutral
PRNewsWire
4 weeks ago
MasTec Announces Fourth Quarter and Annual 2024 Financial Results With Record Backlog and Provides Initial 2025 Guidance
Record Fourth Quarter and Annual Revenue of $3.4 Billion and $12.3 Billion , Respectively Record Full Year 2024 Cash Flow from Operations Increased 63% to $1.1 Billion Record 18-Month Backlog of $14.3 Billion Fourth Quarter Reduction in Net Debt of $318 Million, with Net Debt Leverage Ratio Reduced to 1.8x 2024 Results Include GAAP Net Income of $199.4 Million, Adjusted Net Income of $348.3 Million, Adjusted EBITDA of $1.0 Billion, Diluted Earnings Per Share of $2.06 and Adjusted Diluted Earnings Per Share of $3.95 Issuing Initial Annual 2025 Guidance Including Revenue of $13.45 Billion, a 9% Increase Over 2024, GAAP Net Income of $327 Million to $366 Million, Adjusted EBITDA of $1.10 Billion to $1.15 Billion, with Diluted Earnings Per Share of $3.75 to $4.24, and Adjusted Diluted Earnings Per Share of $5.35 to $5.84 CORAL GABLES, Fla. , Feb. 27, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced 2024 fourth quarter and full year financial results and issued its initial 2025 guidance expectation.
Negative
Zacks Investment Research
1 month ago
MasTec Stock: A Smart Investment Before Q4 Earnings Release?
MTZ's Q4 results are likely to reflect a diversified business model and strong market demand amid uncertainties in customer spending.
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