Recent Analysts’ Ratings Changes for MasTec (MTZ)

MasTec (NYSE: MTZ) has recently received a number of price target changes and ratings updates:

• 3/4/2025 – MasTec had its price target raised by analysts at Barclays PLC from $130.00 to $145.00. They now have an “overweight” rating on the stock.
• 3/3/2025 – MasTec had its price target lowered by analysts at Robert W. Baird from $162.00 to $153.00. They now have a “neutral” rating on the stock.
• 3/3/2025 – MasTec had its price target lowered by analysts at Stifel Nicolaus from $185.00 to $175.00. They now have a “buy” rating on the stock.
• 3/3/2025 – MasTec had its price target raised by analysts at Citigroup Inc. from $156.00 to $167.00. They now have a “buy” rating on the stock.
• 1/28/2025 – MasTec had its price target raised by analysts at JPMorgan Chase & Co. from $154.00 to $172.00. They now have an “overweight” rating on the stock.
• 1/22/2025 – MasTec had its price target raised by analysts at Stifel Nicolaus from $155.00 to $185.00. They now have a “buy” rating on the stock.

MasTec Price Performance

MTZ opened at $115.33 on Monday. The business’s 50-day moving average is $140.09 and its two-hundred day moving average is $132.15. MasTec, Inc. has a 1 year low of $82.29 and a 1 year high of $166.95. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.20. The firm has a market capitalization of $9.14 billion, a PE ratio of 102.97 and a beta of 1.74.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, February 27th. The construction company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. MasTec had a return on equity of 8.27% and a net margin of 0.73%. The company had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.32 billion. Research analysts anticipate that MasTec, Inc. will post 3.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On MasTec

Several institutional investors have recently added to or reduced their stakes in MTZ. Wilmington Savings Fund Society FSB acquired a new stake in MasTec in the third quarter worth about $25,000. Ameliora Wealth Management Ltd. acquired a new stake in MasTec in the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC boosted its holdings in 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 acquiring an additional 116 shares in the last quarter. Colonial Trust Co SC boosted its holdings in MasTec by 335.7% in the fourth quarter. Colonial Trust Co SC now owns 183 shares of the construction company’s stock worth $25,000 after acquiring an additional 141 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in MasTec by 93.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 265 shares of the construction company’s stock worth $36,000 after acquiring an additional 128 shares in the last quarter. Institutional investors and hedge funds own 78.10% of the company’s stock.

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.