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 the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: communications; clean energy and infrastructure; oil and gas; power delivery; and other.
Employees: 33,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 46
41% more call options, than puts
Call options by funds: $153M | Put options by funds: $109M
11% more capital invested
Capital invested by funds: $6.46B [Q2] → $7.16B (+$698M) [Q3]
9% more funds holding
Funds holding: 424 [Q2] → 462 (+38) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 15 [Q2] → 15 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 145
2.35% less ownership
Funds ownership: 75.88% [Q2] → 73.53% (-2.35%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$147
5%
downside
Avg. target
$163
5%
upside
High target
$195
26%
upside
10 analyst ratings
9 positive
90%
1 neutral
10%
0 negative
0%
Keybanc Sangita Jain 71% 1-year accuracy 30 / 42 met price target | 8%upside $168 | Overweight Maintained | 8 Jan 2025 |
Guggenheim Joseph Osha 49% 1-year accuracy 18 / 37 met price target | 26%upside $195 | Buy Initiated | 8 Jan 2025 |
Truist Securities Jamie Cook 66% 1-year accuracy 57 / 86 met price target | 22%upside $189 | Buy Maintained | 19 Dec 2024 |
Stifel Brian Brophy 91% 1-year accuracy 10 / 11 met price target | 0%upside $155 | Buy Maintained | 11 Dec 2024 |
B. Riley Securities Alex Rygiel 58% 1-year accuracy 19 / 33 met price target | 7%upside $166 | Buy Reiterated | 5 Nov 2024 |
Financial journalist opinion
Based on 9 articles about MTZ published over the past 30 days
Positive
Seeking Alpha
17 hours ago
MasTec: Solid Growth And Cash Flows With Upside Potential
The MTZ stock is trading at its all-time historical highs within a strong upward trend. Over the past 12 months, it has gained 124%, while the past decade has delivered +700%. The minimal and brief pullbacks confirm the strong shareholder base and positive expectations.
Positive
Zacks Investment Research
3 days ago
All You Need to Know About MasTec (MTZ) Rating Upgrade to Strong Buy
MasTec (MTZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Zacks Investment Research
6 days ago
MasTec (MTZ) Is Attractively Priced Despite Fast-paced Momentum
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, MasTec (MTZ) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Neutral
Zacks Investment Research
1 week ago
Take the Zacks Approach to Beat the Markets: AppLovin, MasTec, Walmart in Focus
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
Positive
Seeking Alpha
1 week ago
MasTec: Scale And Growth At A Discounted Valuation
MasTec stands out for its lower valuation and higher growth estimates compared to peers in the energy and telecom construction sectors. With over 80 years of experience, MTZ has evolved into a top-three engineering and construction company with a $14 billion backlog. The business model is asset-light, working capital-positive, and offers high returns on capital, though it faces challenges like macro slowdowns and low barriers to entry.
Positive
Zacks Investment Research
1 week ago
MasTec, Inc. (MTZ) Hits Fresh High: Is There Still Room to Run?
MasTec (MTZ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
PRNewsWire
2 weeks ago
MasTec Senior Management to Present at the Goldman Sachs Investor Conference
CORAL GABLES, Fla. , Jan. 2, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, January 7 th at approximately 2:20 p.m.
Positive
Investors Business Daily
3 weeks ago
S&P 500 Winners Fortinet, Boston Scientific Lead 5 Stocks Near Buy Points
S&P 500 components Fortinet and Boston Scientific are among five stocks to watch near buy points as 2024 comes to a close. The post S&P 500 Winners Fortinet, Boston Scientific Lead 5 Stocks Near Buy Points appeared first on Investor's Business Daily.
Positive
Zacks Investment Research
3 weeks ago
MasTec Stock Surges 29% in 6 Months: Still a Buy for Investors?
Shares of MasTec, Inc. MTZ have gained 29.4% over the past six months, outperforming the 26.4% growth in the Zacks Building Products - Heavy Construction industry. The stock has also surpassed the broader Construction sector's growth of 7% and the S&P 500 index's 10.9% rally during the same period.
Positive
Zacks Investment Research
1 month ago
4 Construction Stocks Building Momentum Into 2025
With an estimated EPS growth of more than 10%, it remains to be seen whether these construction stocks show resilience in 2025. The sector is likely to witness a rebound on interest rate cuts and increased spending.
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