Mastec Inc. [MTZ] stock is trading at $125.13, up 2.41%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MTZ shares have gain 1.21% over the last week, with a monthly amount glided 19.90%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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. [MTZ] stock has fluctuated between $44.65 and $127.97 over the past year. Currently, Wall Street analysts expect the stock to reach $113.11 within the next 12 months. Mastec Inc. [NYSE: MTZ] shares were valued at $125.13 at the most recent close of the market. An investor can expect a potential drop of -9.61% based on the average MTZ price forecast.
Analyzing the MTZ fundamentals
Mastec Inc. [NYSE:MTZ] reported sales of 12.19B for the trailing twelve months, which represents a growth of 3.03%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.94.
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 122.12 points at the first support level, and at 119.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 126.89, and for the 2nd resistance point, it is at 128.65.
Ratios To Look Out For
For context, Mastec Inc.’s Current Ratio is 1.27. Further, the Quick Ratio stands at 1.23, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 3.65 and price to earnings (TTM) ratio is 1324.13.
Transactions by insiders
Recent insider trading involved Apple Robert E, COO, that happened on Sep 20 ’24 when 20000.0 shares were sold. Director, Campbell C Robert completed a deal on Sep 18 ’24 to sell 3000.0 shares. Meanwhile, Officer Apple Robert E bought 20000.0 shares on Sep 20 ’24.
