MasTec (MTZ) Projected to Post Quarterly Earnings on Thursday

MasTec (NYSE:MTZ) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.34 per share and revenue of $2.71 billion for the quarter. MasTec has set its Q1 2025 guidance at 0.340-0.340 EPS and its FY 2025 guidance at 5.350-5.840 EPS.

MasTec (NYSE:MTZ) last released its quarterly 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 during the quarter, compared to analyst estimates of $3.32 billion. MasTec had a net margin of 0.73% and a return on equity of 8.27%. On average, analysts expect MasTec to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

MasTec Price Performance

MTZ opened at $126.22 on Tuesday. The company has a fifty day simple moving average of $120.17 and a 200 day simple moving average of $132.51. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 112.70 and a beta of 1.62. MasTec has a twelve month low of $86.12 and a twelve month high of $166.95. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76.

Insider Activity at MasTec

In other MasTec news, Director Ernst N. Csiszar sold 2,517 shares of the business’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $131.63, for a total transaction of $331,312.71. Following the sale, the director now directly owns 23,000 shares in the company, valued at approximately $3,027,490. The trade was a 9.86 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 21.30% of the stock is currently owned by insiders.

Institutional Trading of MasTec

An institutional investor recently bought a new position in MasTec stock. Brighton Jones LLC purchased a new position in shares of MasTec, Inc. (NYSE:MTZ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,665 shares of the construction company’s stock, valued at approximately $227,000. 78.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MTZ shares. Stifel Nicolaus lowered their price target on shares of MasTec from $175.00 to $143.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Truist Financial decreased their price objective on shares of MasTec from $197.00 to $154.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. KeyCorp decreased their price objective on shares of MasTec from $168.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday, April 16th. Guggenheim reissued a “buy” rating and set a $195.00 price objective on shares of MasTec in a report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $151.00.

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.