MasTec, Inc. (NYSE:MTZ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

MasTec, Inc. (NYSE:MTZ) has received a consensus recommendation of “Moderate Buy” from the twenty brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $458.0588.

MTZ has been the topic of a number of recent research reports. Truist Financial raised their target price on MasTec from $425.00 to $518.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Stifel Nicolaus set a $455.00 target price on MasTec in a research note on Monday, May 4th. Guggenheim upgraded MasTec from a “neutral” rating to a “buy” rating and set a $480.00 target price on the stock in a research note on Wednesday. The Goldman Sachs Group raised their target price on MasTec from $348.00 to $487.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, Mizuho raised their target price on MasTec from $428.00 to $498.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th.

MasTec Stock Performance

MTZ stock opened at $414.47 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 1.32. The stock has a market capitalization of $32.75 billion, a price-to-earnings ratio of 72.59 and a beta of 1.82. MasTec has a 1 year low of $145.46 and a 1 year high of $441.43. The stock’s fifty day moving average is $351.75 and its two-hundred day moving average is $273.76.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.41. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.47 billion. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The firm’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same period last year, the business posted $0.51 earnings per share. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. On average, research analysts predict that MasTec will post 8.51 EPS for the current year.

Insider Activity

In other news, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $300.40, for a total transaction of $1,952,600.00. Following the transaction, the director directly owned 17,235 shares of the company’s stock, valued at approximately $5,177,394. This trade represents a 27.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director C Robert Campbell sold 3,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $417.00, for a total value of $1,251,000.00. Following the transaction, the director directly owned 30,646 shares in the company, valued at $12,779,382. This trade represents a 8.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 10,450 shares of company stock valued at $3,512,759. Company insiders own 21.40% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Earned Wealth Advisors LLC increased its holdings in shares of MasTec by 2.8% during the first quarter. Earned Wealth Advisors LLC now owns 1,013 shares of the construction company’s stock valued at $326,000 after purchasing an additional 28 shares during the period. Aigen Investment Management LP increased its holdings in shares of MasTec by 3.8% during the fourth quarter. Aigen Investment Management LP now owns 1,041 shares of the construction company’s stock valued at $226,000 after purchasing an additional 38 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of MasTec by 1.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 2,927 shares of the construction company’s stock valued at $636,000 after purchasing an additional 43 shares during the period. Motley Fool Asset Management LLC increased its holdings in shares of MasTec by 3.7% during the fourth quarter. Motley Fool Asset Management LLC now owns 1,311 shares of the construction company’s stock valued at $285,000 after purchasing an additional 47 shares during the period. Finally, Versant Capital Management Inc increased its holdings in shares of MasTec by 4.9% during the third quarter. Versant Capital Management Inc now owns 1,092 shares of the construction company’s stock valued at $232,000 after purchasing an additional 51 shares during the period. 78.10% of the stock is owned by institutional investors and hedge funds.

MasTec Company Profile

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.