MasTec. with ticker code (MTZ) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 125 and 97 with the average target price sitting at $115.00. Given that the stocks previous close was at $88.36 and the analysts are correct then we can expect a percentage increase in value of 30.1%. The 50 day moving average now sits at $93.53 and the 200 day moving average is $85.16. The market capitalization for the company is $6,998m. Visit the company website at: https://www.mastec.com
The potential market cap would be $9,107m based on the market consensus.
MasTec., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company builds underground and overhead distribution systemsluding trenches, conduits, cell towers, fiber, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; natural gas, carbon capture sequestration, and other product transport; electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure; compressor and pump stations, and treatment plants; and water infrastructureluding water pipelines. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers’ distribution facilities, networks, and infrastructureluding communications, power generation, pipeline, electrical distribution and transmission, and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, pipeline operators, heavy civil and industrial infrastructure providers, and government entities. MasTec. was founded in 1929 and is headquartered in Coral Gables, Florida.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 210.95, revenue per share of 130.52 and a 1.7% return on assets.
