MTZ

MasTec Inc

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Advanced Chart

127.420

+1.250(+0.990%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

128.200

Open

125.610

VWAP

127.29

Vol

975.73K

Mkt Cap

10.08B

Low

124.920

Amount

124.20M

EV/EBITDA(TTM)

11.79

Total Shares

79.46M

11.79B

EV/OCF(TTM)

10.51

P/S(TTM)

0.80

MasTec, Inc. is an infrastructure construction company. The Company's segments include Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. Its Communications segment provides engineering, construction, maintenance and customer fulfillment activities related to communications infrastructure. Its Clean Energy and Infrastructure segment primarily serves energy, utility, government and other end-markets through the installation and construction of power generation facilities, primarily from clean energy and renewable sources. Oil and Gas segment provides engineering, construction and maintenance services for pipelines and processing facilities for the energy and utilities industries. Its Power Delivery segment serves the energy and utility industries through the engineering, construction and maintenance of power transmission and distribution infrastructure, including electrical and gas transmission lines, distribution network systems and substations.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q2

FY2025Q1

3.70B

+13.66%

2.034

+24.8%

3.28B

+10.77%

1.375

+43.21%

2.71B

+0.95%

0.337

-359.46%

Estimates Revision

The market is revising Upward the revenue expectations for MasTec, Inc. (MTZ) for FY2025, with the revenue forecasts being adjusted by 1.1% over the past three months. During the same period, the stock price has changed by -8.71%.

Revenue Estimates for FY2025

Revise Upward

+1.1%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+9.79%

In Past 3 Month

Stock Price

Go Down

-8.71%

In Past 3 Month

14 Analyst Rating

25.45% Upside

Wall Street analysts forecast MTZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTZ is 159.85 USD with a low forecast of 134.00 USD and a high forecast of 195.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

12 Buy

2 Hold

0 Sell

Strong Buy

25.45% Upside

Current: 127.420

Low

134.00

Averages

159.85

High

195.00

25.45% Upside

Current: 127.420

Low

134.00

Averages

159.85

High

195.00

Citigroup

Andrew Kaplowitz

Strong Buy

Maintains

$167 → $152

2025-04-25

New

Reason

Citigroup

Andrew Kaplowitz

Price Target

$167 → $152

2025-04-25

New

Maintains

Strong Buy

Reason

Citi lowered the firm's price target on MasTec to $152 from $167 and keeps a Buy rating on the shares. The firm expects Q1 results across its engineering and construction coverage to broadly meet or beat Street expectations. However, forward commentary by management teams could signal more uncertainty across project activity given increasing risk of an economic slowdown, the analyst tells investors in a research note. Citi believes higher input costs for customers from tariffs and economic uncertainty could lead to customers re-evaluating projects and capex decisions. Quanta Services (PWR) is the firm's top pick followed by MasTec (MTZ) and KBR (KBR).

Keybanc

Sangita Jain

Buy

Maintains

$168 → $140

2025-04-16

Reason

Keybanc

Sangita Jain

Price Target

$168 → $140

2025-04-16

Maintains

Buy

Reason

KeyBanc analyst Sangita Jain lowered the firm's price target on MasTec to $140 from $168 and keeps an Overweight rating on the shares. All E&C names under coverage underperformed in Q1 2025 following a strong 2024. The quarter was significantly impacted by macroeconomic and policy uncertainty stemming from the Trump administration's actions, including concerns over DOGE, uncertainty around USAID contracts and tariffs, the firm notes. With that said, investors are unlikely to dwell on Q1 beats or misses. The focus will almost entirely be on business sentiment going forward, argues KeyBanc.

Stifel

Brian Brophy

Strong Buy

Maintains

$175 → $143

2025-04-09

Reason

Stifel

Brian Brophy

Price Target

$175 → $143

2025-04-09

Maintains

Strong Buy

Reason

Stifel lowered the firm's price target on MasTec to $143 from $175 and keeps a Buy rating on the shares. Following the firm's Q1 Transmission and Distribution Engineering and Construction survey, the firm says respondent commentary highlighted a slightly softer Q1, relative strength from data centers, concerns over material pricing due to tariffs, and "particularly healthy backlogs." The firm believes tariffs have also created incremental risk for the clean energy outlook and related T&D work, but stockpiling of materials among large developers likely supports activity this year, the analyst added in a note on the group in which the firm trimmed several price targets.

Piper Sandler

Kashy Harrison

Buy

Initiates

$134

2025-04-08

Reason

Piper Sandler

Kashy Harrison

Price Target

$134

2025-04-08

Initiates

Buy

Reason

Piper Sandler initiated coverage of MasTec with an Overweight rating and $134 price target.

Truist Securities

Jamie Cook

Strong Buy

Maintains

$197 → $154

2025-04-08

Reason

Truist Securities

Jamie Cook

Price Target

$197 → $154

2025-04-08

Maintains

Strong Buy

Reason

Truist lowered the firm's price target on MasTec to $154 from $197 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 results in Machinery, Infrastructure Services, and Multi-Industry sector. With continued uncertainty looming around tariffs, the firm sees tempered demand as a short term risk, reflecting prior uncertainty around lack of news around tariffs and now a potential worse-than-expected outcome that is starting to show up in real time data as March ISM manufacturing PMI disappointed while new orders fell short of Street expectations again, the analyst tells investors in a research note. Truist adds that it sees risk that companies will imply demand deteriorated through the first quarter and potentially into April, creating concerns around recession and/or a short term pause in demand, also noting a greater risk to pruning full year guidance.

Wolfe Research

Steve Fleishman

Hold

Initiates

n/a

2025-03-31

Reason

Wolfe Research

Steve Fleishman

Price Target

n/a

2025-03-31

Initiates

Hold

Reason

Wolfe Research initiated coverage of MasTec with a Peer Perform rating and no price target. MasTec has diverse end market exposure and is positioned to benefit from a pro-fossil fuel policy agenda, but the firm needs to see sustained execution as "past disappointments have hurt investor confidence," says the analyst, who sees a $128-$130 fair value range for the shares.

See All Ratings

Valuation Metrics

The current forward P/E ratio for MasTec Inc (MTZ.N) is 22.38, compared to its 5-year average forward P/E of 22.95. For a more detailed relative valuation and DCF analysis to assess MasTec Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

22.95

Current PE

22.38

Overvalued PE

33.02

Undervalued PE

12.88

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.30

Current EV/EBITDA

10.72

Overvalued EV/EBITDA

11.31

Undervalued EV/EBITDA

7.28

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.62

Current PS

0.73

Overvalued PS

0.78

Undervalued PS

0.46