Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $159.75 in the prior trading day, Mastec Inc (NYSE: MTZ) closed at $130.84, down -18.10%. In other words, the price has decreased by -$18.10 from its previous closing price. On the day, 2.62 million shares were traded. MTZ stock price reached its highest trading level at $149.87 during the session, while it also had its lowest trading level at $129.49.
Ratios:
Our goal is to gain a better understanding of MTZ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.86.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTZ now has a Market Capitalization of 10367107072 and an Enterprise Value of 15020429312. As of this moment, Mastec’s Price-to-Earnings (P/E) ratio for their current fiscal year is 116.90, and their Forward P/E ratio for the next fiscal year is 25.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 3.69. Its current Enterprise Value per Revenue stands at 1.233 whereas that against EBITDA is 16.877.
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 $63.97. The 50-Day Moving Average of the stock is -8.23%, while the 200-Day Moving Average is calculated to be 10.51%.
Shares Statistics:
The stock has traded on average 882.83K shares per day over the past 3-months and 830740 shares per day over the last 10 days, according to various share statistics. A total of 79.22M shares are outstanding, with a floating share count of 61.49M. Insiders hold about 22.39% of the company’s shares, while institutions hold 73.63% stake in the company. Shares short for MTZ as of 1735603200 were 1942568 with a Short Ratio of 2.20, compared to 1732838400 on 2022028. Therefore, it implies a Short% of Shares Outstanding of 1942568 and a Short% of Float of 3.1199999999999997.
