Mastec Inc (MTZ) stock poised to deliver a potential return of 11.82%

Mastec Inc [MTZ] stock prices are down -2.41% to $141.59 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 8.22% over the last week, with a monthly amount glided 4.00%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Mastec Inc [NYSE: MTZ] stock has seen the most recent analyst activity on January 08, 2025, when Guggenheim initiated its Buy rating and assigned the stock a price target of $195. Previously, Truist upgraded its rating to Buy on November 05, 2024, and elevated its price target to $173. On November 04, 2024, TD Cowen reiterated its Buy rating and revised its price target to $160 on the stock. JP Morgan started tracking the stock assigning a Overweight rating and suggested a price target of $153 on October 07, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $110 on May 06, 2024. Truist started tracking with a Hold rating for this stock on March 14, 2024, and assigned it a price target of $96. In a note dated March 04, 2024, Craig Hallum upgraded an Buy rating on this stock and boosted its target price from $50 to $96.

The stock price of Mastec Inc [MTZ] has been fluctuating between $66.48 and $166.95 over the past year. Currently, Wall Street analysts expect the stock to reach $158.33 within the next 12 months. Mastec Inc [NYSE: MTZ] shares were valued at $141.59 at the most recent close of the market. An investor can expect a potential return of 11.82% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

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 138.31 points at the first support level, and at 135.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 144.68, and for the 2nd resistance point, it is at 147.77.

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 0.92, the price to book ratio is 3.99 and price to earnings (TTM) ratio is 126.51.

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.

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