Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Mastec Inc (NYSE: MTZ) was $127.91 for the day, up 3.24% from the previous closing price of $123.89. In other words, the price has increased by $3.24 from its previous closing price. On the day, 1.13 million shares were traded.
Ratios:
Our analysis of MTZ’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on January 08, 2025, initiated with a Buy rating and assigned the stock a target price of $195.
On November 05, 2024, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $133 to $173.
TD Cowen reiterated its Buy rating for the stock on November 04, 2024, while the target price for the stock was revised from $115 to $160.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 04 ’24 when Palomarez Javier Alberto sold 200 shares for $143.00 per share. The transaction valued at 28,600 led to the insider holds 10,633 shares of the business.
Apple Robert E sold 10,000 shares of MTZ for $1,500,000 on Nov 26 ’24. The COO now owns 187,202 shares after completing the transaction at $150.00 per share. On Nov 26 ’24, another insider, Campbell C Robert, who serves as the Director of the company, sold 3,000 shares for $145.00 each. As a result, the insider received 435,000 and left with 42,478 shares of the company.
Valuation Measures:
As of this moment, Mastec’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.24, and their Forward P/E ratio for the next fiscal year is 19.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 3.48.
Stock Price History:
Over the past 52 weeks, MTZ has reached a high of $166.95, while it has fallen to a 52-week low of $82.29. The 50-Day Moving Average of the stock is -8.87%, while the 200-Day Moving Average is calculated to be 3.27%.
Shares Statistics:
A total of 79.31M shares are outstanding, with a floating share count of 61.54M. Insiders hold about 22.39% of the company’s shares, while institutions hold 73.25% stake in the company.
