A share price of Mastec Inc. [MTZ] is currently trading at $126.14, up 1.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MTZ shares have gain 12.34% over the last week, with a monthly amount glided 12.09%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mastec Inc. [NYSE: MTZ] stock has seen the most recent analyst activity on May 06, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $110 from $105. Previously, Truist started tracking the stock with Hold rating on March 14, 2024, and set its price target to $96. On March 04, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $96 on the stock. TD Cowen reiterated its Outperform rating and increased its price target to $105 on March 04, 2024. Robert W. Baird downgraded its rating to a Neutral and raised its price target to $75 on January 16, 2024. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on January 10, 2024, and assigned it a price target of $92. In a note dated November 16, 2023, Stifel initiated an Buy rating and provided a target price of $70 on this stock.
Mastec Inc. experienced fluctuations in its stock price throughout the past year between $44.65 and $124.90. Currently, Wall Street analysts expect the stock to reach $113.11 within the next 12 months. Mastec Inc. [NYSE: MTZ] shares were valued at $126.14 at the most recent close of the market. An investor can expect a potential drop of -10.33% based on the average MTZ price forecast.
Analyzing the MTZ fundamentals
Trailing Twelve Months sales for Mastec Inc. [NYSE:MTZ] were 12.19B which represents 3.03% growth. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 124.19 points at the first support level, and at 122.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.03, and for the 2nd resistance point, it is at 129.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Mastec Inc. [NYSE:MTZ] is 1.27. As well, the Quick Ratio is 1.23, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 3.68 and price to earnings (TTM) ratio is 1334.81.
Transactions by insiders
Recent insider trading involved Campbell C Robert, Director, that happened on Sep 18 ’24 when 3000.0 shares were sold. Officer, Apple Robert E completed a deal on Sep 20 ’24 to buy 20000.0 shares. Meanwhile, Director Csiszar Ernst N sold 4853.0 shares on Aug 22 ’24.
