At the time of writing, Mastec Inc [MTZ] stock is trading at $142.40, up 2.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The MTZ shares have gain 1.91% over the last week, with a monthly amount glided 11.08%, 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 November 05, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $173 from $133. Previously, TD Cowen reaffirmed its Buy rating on November 04, 2024, and elevated its price target to $160. On October 07, 2024, JP Morgan initiated with a Overweight rating and assigned a price target of $153 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $110 on May 06, 2024. Truist initiated its recommendation with a Hold and recommended $96 as its price target on March 14, 2024. Craig Hallum upgraded its rating to Buy for this stock on March 04, 2024, and upped its price target to $96. In a note dated March 04, 2024, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $85 to $105.
For the past year, the stock price of Mastec Inc fluctuated between $52.88 and $147.23. Currently, Wall Street analysts expect the stock to reach $134.67 within the next 12 months. Mastec Inc [NYSE: MTZ] shares were valued at $142.40 at the most recent close of the market. An investor can expect a potential drop of -5.43% based on the average MTZ price forecast.
Analyzing the MTZ fundamentals
According to Mastec Inc [NYSE:MTZ], the company’s sales were 12.18B for trailing twelve months, which represents an -0.14% plunge. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 137.94 points at the first support level, and at 133.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 144.82, and for the 2nd resistance point, it is at 147.25.
Ratios To Look Out For
It is important to note that Mastec Inc [NYSE:MTZ] has a current ratio of 1.24. On the other hand, the Quick Ratio is 1.20, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 4.01 and price to earnings (TTM) ratio is 127.23.
Transactions by insiders
Recent insider trading involved Campbell C Robert, Director, that happened on Nov 11 ’24 when 3000.0 shares were sold. CAO, Love Timothy Michael completed a deal on Nov 06 ’24 to sell 600.0 shares. Meanwhile, Officer Love Timothy Michael bought 600.0 shares on Nov 06 ’24.
