For MasTec, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. 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. MasTec Inc. analyst estimates, including MTZ earnings per share estimates and analyst recommendations. Learn more. What’s Happening With Electronic Arts Stock? All rights reserved. Following the transaction, the executive vice president now owns 109,000 shares in the company, valued at $5,995,000. This estimate is based upon 2 MasTec Network Solutions Financial Analyst salary report(s) provided by employees or estimated based upon statistical methods. See all Systems Analyst salaries to learn how this stacks up in the market. Learn more. MasTec (NYSE:MTZ) last issued its earnings results on Thursday, October 29th. View our full suite of financial calendars and market data tables, all for free. Analyst Ratings For MasTec (NYSE:MTZ) Today, Credit Suisse Group raised its price target on MasTec (NYSE:MTZ) to $70.00 per share. This compares with levels of under 0.5x seen in 2018 and 0.7x as recent as late 2019, implying that the stock is vulnerable to downside risk. In addition to the valuable skills gained through training and on-the-job experience, MasTec offers competitive pay, including medical, vision and dental coverage, 401K and employee stock discounts. KeyCorp raised their target price on MasTec from $56.00 to $66.00 in a research note on Friday, November 20th. Our current business relationships afford us a global end to end scope of the services for the telecommunications industry. So what’s the likely trigger and timing for downside? If met, this would reflect a decent 12% improvement in sales compared to the last 12 months. It operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. To see all exchange delays and terms of use please see disclaimer. MasTec story: MasTec Announces Strong Third Quarter 2020 Earnings Results 2020 10 29 Press Releases Stockhouse and other headlines for MasTec Inc Learn about MTZ (XNYS) with our data and independent analysis including price, star rating, valuation, dividends, and financials. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images), EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, It’s Been A Numbers Game For Netflix And Investors Want To See How They All Added Up, Market Seems Subdued After Mixed Bank Results, Biden Stimulus Announcement, DoorDash Has All The Makings Of The “Next Amazon”. MasTec Inc Receives a Buy from FBR Capital . With more than 300 offices throughout the United States and Canada, MasTec employees have the flexibility to work in a variety of locations. Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter: View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Much of the 90% rise of the last 2 years can primarily be attributed to changes in the company’s P/S (price-to-sales) multiple. See all Financial Analyst salaries to learn how this stacks up … View the "8 Retail Stocks to Own For the Long Haul". MTZ stock is also up 90% from levels of $40 seen in early 2019, two years ago. During the same period in the prior year, the firm earned $1.78 EPS. We are currently seeking a GIS Analyst to join our dynamic Team supporting a major telecommunications infrastructure project. Given the growth in RPS, the company’s P/S ratio expanded. UBS Group raised their target price on MasTec from $59.00 to $73.00 and gave the stock a "buy" rating in a research note on Wednesday, December 9th. MTZ stock has rallied from $26 to $77, significantly outperforming the S&P which moved 70% over the same period, with the resumption of economic activities as lockdowns are gradually lifted and vaccines are being approved in multiple countries. While there is some analyst coverage, the company is probably not widely covered. Opinions expressed by Forbes Contributors are their own. Learn about financial terms, types of investments, trading strategies and more. Amount of Analyst Coverage MasTec has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Finally, Bank of America Corp DE grew its position in MasTec by 24.6% in the 2nd quarter. Our team is comprised of experts in all faucets to ensure your business is a success. Find the latest analyst research for MasTec, Inc. Common Stock (MTZ) at Nasdaq.com. MasTec, Inc. (NYSE: MTZ) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. The outperformance of MasTec can partly be attributed to better than estimated Q2 and Q3 earnings, clubbed with expected pickup in infrastructure projects when the new administration is formed. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Fortunately, some of Wall Street's top analysts have already done most of the work for us.Every year, analysts issue approximately 4,200 distinct recommendations for retail companies. Point72 Hong Kong Ltd purchased a new position in shares of MasTec during the 3rd quarter worth $75,000. Delta Air Lines or Southwest Airlines: Which Is a Better Buy As Vaccines Roll Out? LinkedIn. That said, much of this is likely already priced in the current stock price of $77. MasTec Inc. analyst estimates, including MTZ earnings per share estimates and analyst recommendations. © American Consumer News, LLC dba MarketBeat® 2010-2021. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Analysts expect that MasTec, Inc. (NYSE:MTZ) will report earnings per share of $1.67 for the current quarter, according to Zacks. Want to see which stocks are moving? A free inside look at company reviews and salaries posted anonymously by employees. See all Trefis Price Estimates and Download Trefis Data here, What’s behind Trefis? General Cable Corp. (NYSE: BGC) In a report issued on November 4, Brent Thielman from D.A. The company’s total revenues of $4.7 billion for the nine month period ending September 2020, reflects a 14% decline compared to the prior year period. Finally, DA Davidson raised their target price on MasTec from $50.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, November 2nd. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn about MTZ (XNYS) with our data and independent analysis including price, star rating, valuation, dividends, and financials. MasTec Announces Proposed Private Offering of $400 Million of Senior Unsecured Notes Due 2028 to Refinance Existing $400 Million Senior Notes Due 2023 Published Jul 20, 2020 MasTec (MTZ) – Analyst Ratings Aug 12, 2020 05:49 AM UBS Upgrades MasTec (MTZ) to Buy Jun 17, 2020 07:46 AM MasTec (MTZ) Thoughts From Non Deal Roadshow - Stifel On average, analysts expect that MasTec will report full year earnings of $5.04 per share for the current financial year, with EPS estimates ranging from $4.98 to $5.06. In other news, CFO George Pita sold 30,027 shares of MasTec stock in a transaction on Thursday, January 7th. For the next year, analysts expect that the firm will post earnings of $4.83 per share, with EPS estimates ranging from $4.13 to $5.25. Unlike Barchart Opinions (which calculate the Buy/Sell rating using a variety of short-medium and long-term technical indicators), the Analyst Ratings are more of a short-term indicator that gives you a feel for … MasTec posted earnings per share of $1.30 in the same quarter last year, which would indicate a positive year-over-year growth rate of 28.5%. © 2021 Forbes Media LLC. Their average twelve-month price target is $62.83, predicting that the stock has a possible downside of 19.54%. Jobs at … Based on 2 salaries posted anonymously by MasTec Network Solutions Finance Analyst employees in Florida. Three analysts have issued estimates for MasTec’s earnings, with the lowest sales estimate coming in at $1.79 billion and the highest estimate coming in at $1.84 billion. The materials and sizes we have the capability to process are: Material thickness min max Stainless 0,4 mm 2,5 mm Blackplate 0,4 mm 3,2 mm Aluminum 0,4 mm 4,0 mm Size min max Length 285mm 2495 mm Width 140mm 1600 … Surprisingly, the founders of Trefis discovered that along with most other people they just did not understand even the seemingly familiar companies around them: Apple, Google, Coca Cola, Walmart, GE, Ford, Gap, and others. Also, EVP Cardenas Alberto De sold 1,798 shares of MasTec stock in a transaction on Thursday, November 5th. In the lead-up to this report, the analysts had been modelling revenues of US$7.61b and earnings per share (EPS) of US$4.48 in 2020. This might include you though you may have invested money in these companies, or may have been working with one of them for years as an employee, or have consulted with them as an expert for a long time. Safety is a mindset and an attitude that all MasTec employees carry with them on a daily basis. Looking for new stock ideas? Zacks Investment Research's earnings per share averages are an average based on a survey of sell-side research firms that follow MasTec. Annual Results Just Came Out: Here's What Analysts … Posting id: 594804758. For the next financial year, analysts expect that the firm will post earnings of $4.92 per share, with EPS estimates ranging from $4.56 to $5.25. Following the transaction, the chief financial officer now directly owns 175,294 shares in the company, valued at approximately $14,037,543.52. This estimate is based upon 1 MasTec Systems Analyst salary report(s) provided by employees or estimated based upon statistical methods. MasTec, Inc. (NYSE: MTZ) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price. Matarin Capital Management LLC acquired a new stake in shares of MasTec during the 3rd quarter worth approximately $3,842,000. This table compares Jacobs Engineering Group and MasTec's net margins, return on equity and return on assets. displayed on a smartphone. 11 Wall Street analysts have issued ratings and price targets for MasTec in the last 12 months. We have the size and ability to immediately provide superior geographic coverage. MasTec missed revenue estimates by 6.0%, with sales of US$2.0b, although earnings per share (EPS) of US$1.69 beat expectations, coming in 7.4% ahead of analyst estimates. We believe the stock has rallied meaningfully and it is likely to see downside after the recent uptick. Despite recent downgrades and questions from analysts, MasTec executives say they aren't worried about money and predict improved earnings. The analysts … You may opt-out by. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 1.1% next year. Coe Capital Management LLC now owns 38,761 shares of the construction company's stock valued at $1,636,000 after buying an additional 1,546 shares during the period. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Institutional investors own 82.52% of the company's stock. Job Summary Barclays increased their price objective on MasTec from $60.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, December 21st. Start Your Risk-Free Trial Subscription Here, 3 Recession-Proof Dividend Stocks to Buy Now, Ralph Lauren drops Justin Thomas after gay slur heard on TV, Xi asks Starbucks' Schultz to help repair US-China ties, Closing prices for crude oil, gold and other commodities, US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China, Stocks fall as economy's pain deepens, head for weekly loss. Analyst Price Target for MTZ i $ 54.17 +25.10% Upside Potential This price target is based on 12 analysts offering 12 month price targets for MasTec in the last 3 months. Coe Capital Management LLC raised its holdings in MasTec by 4.2% in the 3rd quarter. MasTec Announces Proposed Private Offering of $400 Million of Senior Unsecured Notes Due 2028 to Refinance Existing $400 Million Senior Notes Due 2023 Published Jul 20, 2020 MasTec Inc has an analyst consensus of . Four analysts have made estimates for MasTec's earnings, with the highest EPS estimate coming in at $1.69 and the lowest estimate coming in at $1.62. We are currently seeking a GIS Analyst to join our dynamic Team supporting a major telecommunications infrastructure project. View which stocks are hot on social media with MarketBeat's trending stocks report. The disclosure for this sale can be found here. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images). (eg. This estimate is based upon 3 MasTec Financial Analyst salary report(s) provided by employees or estimated based upon statistical methods. The decline in Oil & Gas can be attributed to the impact of Covid-19 on the overall demand, while the Communications business is seeing an increased demand due to rollout of 5G. Mastec Group have invested in a Salvagini (P2LEAN) panel bender with a robotized feeding solution at Mastec Dalstorp in order to enhance our technology level and increase capacity. MasTec’s P/S multiple changed from 0.5x in 2018 to 0.7x in 2019. Do Not Sell My Information. You can play with assumptions, or try scenarios, as-well-as ask questions to other users and experts. Analysts may not always get their "buy" ratings right, but it's worth taking a hard look when several analysts from different brokerages and research firms are giving "strong-buy" and "buy" ratings to the same retailer. Several hedge funds have recently modified their holdings of the company. Even if we were to look at forward revenues, going by the consensus revenue estimate of $7.5 billion in 2021, MTZ stock is trading at 0.8x its RPS of around $102 for 2021. See MasTec, Inc. (MTZ) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. NEW YORK, September 1, 2016 /PRNewswire/ -- Operators in the Industrial Goods space provide components used in agricultural, construction, manufacturing, and industrial applications.... | … Our current business relationships afford us a global end to end scope of the services for the telecommunications industry. Apply for a MasTec Senior Finance Analyst job in Corona, CA. This story was reviewed by MarketBeat's editorial team prior to publication. There are currently 11 buy ratings for the stock, resulting in a consensus rating of "Buy." By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 1.1% next year. 6 MasTec reviews. The highest EPS estimate is $1.69 and the lowest is $1.62. The typical MasTec Financial Analyst salary is $60,025. Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on General Cable Corp. (NYSE: BGC), Spirit AeroSystems (NYSE: SPR) and MasTec (NYSE: MTZ). Share on Facebook; Tweet; Share on LinkedIn; Share via Whatsapp; Reco - This broker has downgraded this stock from it's previous report. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers. MasTec reported in line with analyst predictions, delivering revenues of US$7.2b and statutory earnings per share of US$5.17, suggesting the business is executing well and in line with its plan. MasTec over the recent quarters has seen strong growth in its non Oil & Gas segments, a trend that will likely continue in the near term. One of the biggest stories of last week was how MasTec, Inc. (NYSE:MTZ) shares plunged 20% in the week since its... MasTec, Inc. Recommended Story: Does the Dogs of the Dow strategy work? Other analysts also revised their coverage, with B. Riley Securities’s analysts reiterating the shares to “a Buy” rating in a research note to investors issued in early November. 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