10 Analysts Assess MasTec: What You Need To Know

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MasTec MTZ has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 8 1 1 0 0
Last 30D 1 0 0 0 0
1M Ago 1 1 0 0 0
2M Ago 2 0 0 0 0
3M Ago 4 0 1 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $169.4, along with a high estimate of $195.00 and a low estimate of $150.00. Witnessing a positive shift, the current average has risen by 19.3% from the previous average price target of $142.00.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The standing of MasTec among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brian Brophy Stifel Raises Buy $185.00 $155.00
Sangita Jain Keybanc Raises Overweight $168.00 $153.00
Joseph Osha Guggenheim Announces Buy $195.00 -
Jamie Cook Truist Securities Raises Buy $189.00 $173.00
Brian Brophy Stifel Raises Buy $155.00 $153.00
Alex Rygiel B. Riley Securities Raises Buy $166.00 $151.00
Jamie Cook Truist Securities Raises Buy $173.00 $133.00
Christian Schwab Craig-Hallum Raises Buy $150.00 $125.00
Marc Bianchi TD Cowen Raises Buy $160.00 $115.00
Andrew Wittmann Baird Raises Neutral $153.00 $120.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to MasTec. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MasTec compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of MasTec's stock. This analysis reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into MasTec's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on MasTec analyst ratings.

About MasTec

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.

MasTec's Financial Performance

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Challenges: MasTec's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -0.14%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: MasTec's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 2.93%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): MasTec's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.45%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.09%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: MasTec's debt-to-equity ratio stands notably higher than the industry average, reaching 0.97. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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