The company's upcoming earnings report is scheduled for Wednesday, April 29th. Analysts estimate earnings per share (EPS) at $0.98.
MasTec, Inc. (MTZ) is currently priced at $375.33, experiencing a decrease of $10.56 (-2.74%) from the previous close. Trading volume is at $411,818, representing a change of 44.19% compared to the average.
In the latest quarterly report on February 25th, MasTec reported an EPS of 2.07, surpassing the consensus estimate of 1.94. Total revenue stood at 3.94 billion, exceeding the expected 3.25 billion.
Citigroup issued a new "Buy" grade for MTZ on April 27, maintaining the previous rating. The stock price at the time was $376.12.
The company's free cash flow amounts to $214.40 million, with a net change in cash of $164.61 million. Operating cash flow stands at $372.74 million.
MasTec generated $3.94 billion in revenue, resulting in a gross profit of $397.3 million. Net income for the period was $142.71 million, translating to an EPS of $1.83.
Key ratios include a net profit margin of 3.62%, return on equity of 4.38%, and a price-to-earnings ratio of 29.66.
The company holds $396 million in cash and cash equivalents, with total assets amounting to $10.13 billion and total liabilities at $6.79 billion.
This comprehensive financial snapshot provides insights into MasTec, Inc.'s current performance and future prospects.
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 Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, product transport; electrical and gas transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. 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 infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.