Research Analysts Set Expectations for MasTec Q1 Earnings

MasTec, Inc. (NYSE:MTZ - Free Report) - B. Riley issued their Q1 2025 earnings per share estimates for MasTec in a note issued to investors on Tuesday, March 18th. B. Riley analyst L. Burke anticipates that the construction company will post earnings per share of $0.26 for the quarter. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for MasTec's current full-year earnings is $3.44 per share. B. Riley also issued estimates for MasTec's FY2026 earnings at $5.97 EPS.

MTZ has been the topic of several other reports. Barclays lifted their price objective on MasTec from $130.00 to $145.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Truist Financial lifted their price target on MasTec from $173.00 to $189.00 and gave the company a "buy" rating in a research report on Thursday, December 19th. KeyCorp upped their price target on MasTec from $153.00 to $168.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 8th. Stifel Nicolaus lowered their price objective on MasTec from $185.00 to $175.00 and set a "buy" rating for the company in a research report on Monday, March 3rd. Finally, Citigroup boosted their target price on shares of MasTec from $156.00 to $167.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $160.07.

Remove Ads

MasTec Trading Up 6.4 %

NYSE MTZ traded up $7.90 during trading on Thursday, hitting $131.93. The company had a trading volume of 1,313,727 shares, compared to its average volume of 871,748. The company's fifty day moving average is $135.32 and its 200-day moving average is $133.09. The company has a market cap of $10.46 billion, a price-to-earnings ratio of 117.80 and a beta of 1.74. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76. MasTec has a one year low of $82.29 and a one year high of $166.95.

MasTec (NYSE:MTZ - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The construction company reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.08. MasTec had a net margin of 0.73% and a return on equity of 8.27%. The firm had revenue of $3.40 billion for the quarter, compared to analysts' expectations of $3.32 billion.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Ameliora Wealth Management Ltd. purchased a new position in MasTec in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its stake in shares of MasTec by 181.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 180 shares of the construction company's stock worth $25,000 after purchasing an additional 116 shares during the last quarter. Colonial Trust Co SC lifted its holdings in shares of MasTec by 335.7% during the fourth quarter. Colonial Trust Co SC now owns 183 shares of the construction company's stock valued at $25,000 after purchasing an additional 141 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of MasTec during the third quarter valued at $25,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of MasTec by 93.4% during the fourth 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 last quarter. 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.