Recent significant positive changes in fundamentals have benefitted MasTec Inc. (NYSE: MTZ): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
MasTec Inc. (NYSE: MTZ) has benefited from notable positive changes in investment behavior: positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, MTZ is expected to continue to be a Value Builder.
MasTec has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MasTec has a neutral Appreciation Score of 43 but a very high Power Rating of 99, resulting in the Positive Value Trend Rating.
Recent Price Action
MasTec Inc. (NYSE: MTZ) stock closed at $144.89 on 11/8/24 after a large increase of 2.4%. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 17.9% during the last week.
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