MasTec (NYSE:MTZ) Issues FY 2025 Earnings Guidance

MasTec (NYSE:MTZ) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.350-5.840 for the period, compared to the consensus EPS estimate of 5.170. The company issued revenue guidance of $13.5 billion-$13.5 billion, compared to the consensus revenue estimate of $13.3 billion. MasTec also updated its Q1 2025 guidance to 0.340-0.340 EPS.

Analysts Set New Price Targets

MTZ has been the subject of a number of research reports. KeyCorp lifted their price target on MasTec from $153.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 8th. Truist Financial increased their price target on shares of MasTec from $173.00 to $189.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Craig Hallum lifted their price objective on shares of MasTec from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. increased their price objective on shares of MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 28th. Finally, TD Cowen boosted their target price on shares of MasTec from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $158.57.

MasTec Price Performance

NYSE:MTZ traded down $6.19 during trading hours on Thursday, reaching $126.34. 1,982,809 shares of the company’s stock were exchanged, compared to its average volume of 1,023,414. The business’s 50-day simple moving average is $141.84 and its two-hundred day simple moving average is $131.31. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $10.01 billion, a P/E ratio of 112.80 and a beta of 1.73. MasTec has a 12 month low of $72.96 and a 12 month high of $166.95.

MasTec (NYSE:MTZ) last issued its quarterly earnings data on Thursday, February 27th. The construction company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. MasTec had a return on equity of 8.27% and a net margin of 0.73%. Sell-side analysts expect that MasTec will post 3.44 EPS for the current fiscal year.

About MasTec

MasTec, Inc, 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.