Equities Analysts Issue Forecasts for MasTec FY2025 Earnings

MasTec, Inc. (NYSE:MTZ) – Stock analysts at DA Davidson cut their FY2025 EPS estimates for MasTec in a report released on Tuesday, March 4th. DA Davidson analyst B. Thielman now anticipates that the construction company will earn $5.33 per share for the year, down from their previous estimate 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.

Several other analysts have also recently issued reports on MTZ. Robert W. Baird lowered their target price on shares of MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. Citigroup raised their price target on shares of MasTec from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Barclays raised their target price on shares of MasTec from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday. KeyCorp lifted their target price on shares of MasTec from $153.00 to $168.00 and gave the stock an “overweight” rating in a report on Wednesday, January 8th. Finally, Guggenheim began coverage on shares of MasTec in a research note on Wednesday, January 8th. They issued a “buy” rating and a $195.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, MasTec has an average rating of “Moderate Buy” and a consensus price target of $160.14.

MasTec Stock Down 3.0 %

MasTec stock opened at $115.33 on Thursday. The company has a market capitalization of $9.14 billion, a P/E ratio of 102.97 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 price of $140.50 and a 200-day moving average price of $131.86. MasTec has a twelve month low of $82.29 and a twelve month high of $166.95.

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

Institutional Trading of MasTec

Several institutional investors and hedge funds have recently bought and sold shares of MTZ. Wilmington Savings Fund Society FSB purchased a new stake in MasTec in the 3rd quarter valued at about $25,000. Ameliora Wealth Management Ltd. purchased a new stake in MasTec in the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its holdings in MasTec by 181.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 180 shares of the construction company’s stock valued at $25,000 after buying an additional 116 shares during the period. Colonial Trust Co SC raised its holdings in MasTec by 335.7% in the 4th quarter. Colonial Trust Co SC now owns 183 shares of the construction company’s stock valued at $25,000 after buying an additional 141 shares during the period. Finally, Smartleaf Asset Management LLC raised 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 buying an additional 128 shares during the period. 78.10% of the stock is currently owned by hedge funds and other institutional investors.

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.