Mastec Inc [MTZ] stock prices are up 1.46% to $139.79 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTZ shares have gain 4.48% over the last week, with a monthly amount glided 1.74%, 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 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.
The stock price of Mastec Inc [MTZ] has been fluctuating between $60.96 and $150.12 over the past year. Currently, Wall Street analysts expect the stock to reach $151 within the next 12 months. Mastec Inc [NYSE: MTZ] shares were valued at $139.79 at the most recent close of the market. An investor can expect a potential return of 8.02% based on the average MTZ price forecast.
Analyzing the MTZ fundamentals
The Mastec Inc [NYSE:MTZ] reported sales of 12.18B for trailing twelve months, representing a drop of -0.14%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, 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 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 137.66 points at the first support level, and at 135.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 141.84, and for the 2nd resistance point, it is at 143.89.
Ratios To Look Out For
It’s worth pointing out that Mastec Inc [NYSE:MTZ]’s Current Ratio is 1.24. Also, the Quick Ratio is 1.20, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 3.94 and price to earnings (TTM) ratio is 124.90.
Transactions by insiders
Recent insider trading involved Palomarez Javier Alberto, Director, that happened on Dec 04 ’24 when 200.0 shares were sold. COO, Apple Robert E completed a deal on Nov 26 ’24 to sell 10000.0 shares. Meanwhile, Director Campbell C Robert sold 3000.0 shares on Nov 26 ’24.
