Research Analysts Issue Forecasts for MasTec FY2025 Earnings

MasTec, Inc. (NYSE:MTZ) – Research analysts at DA Davidson reduced their FY2025 earnings per share estimates for MasTec in a report released on Tuesday, March 4th. DA Davidson analyst B. Thielman now expects that the construction company will post earnings of $5.33 per share for the year, down from their previous forecast of $5.34. The consensus estimate for MasTec’s current full-year earnings is $3.44 per share. DA Davidson also issued estimates for MasTec’s FY2026 earnings at $5.81 EPS.

A number of other brokerages have also recently issued reports on MTZ. Barclays lifted their price objective on MasTec from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Citigroup boosted their target price on MasTec from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday. KeyCorp raised their price target on MasTec from $153.00 to $168.00 and gave the company an “overweight” rating in a report on Wednesday, January 8th. Finally, Robert W. Baird reduced their price objective on MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a research note on Monday. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.14.

MasTec Trading Up 3.3 %

Shares of MTZ opened at $128.03 on Thursday. The stock has a 50 day simple moving average of $141.10 and a 200-day simple moving average of $131.97. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76. The stock has a market cap of $10.14 billion, a PE ratio of 114.31 and a beta of 1.73. MasTec has a 1 year low of $82.29 and a 1 year high of $166.95.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, February 27th. The construction company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The business had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.32 billion. MasTec had a net margin of 0.73% and a return on equity of 8.27%.

Institutional Trading of MasTec

A number of large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in MasTec during the 3rd quarter worth about $25,000. Ameliora Wealth Management Ltd. acquired a new stake in shares of MasTec in the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in shares of MasTec by 181.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 180 shares of the construction company’s stock worth $25,000 after buying an additional 116 shares during the last quarter. Colonial Trust Co SC increased its position in MasTec by 335.7% during the 4th quarter. Colonial Trust Co SC now owns 183 shares of the construction company’s stock worth $25,000 after buying an additional 141 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in MasTec by 93.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 265 shares of the construction company’s stock valued at $36,000 after purchasing an additional 128 shares during the period. Institutional investors own 78.10% of the company’s stock.

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.