Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Mastec Inc. (NYSE: MTZ) closed at $109.87 in the last session, down -0.34% from day before closing price of $110.24. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 0.59 million shares were traded. MTZ stock price reached its highest trading level at $111.66 during the session, while it also had its lowest trading level at $108.64.
Ratios:
We take a closer look at MTZ’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.97.
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, TD Cowen on May 06, 2024, Reiterated its Buy rating but revised its target price to $110 from $105 previously.
On March 14, 2024, Truist started tracking the stock assigning a Hold rating and target price of $96.
Craig Hallum Upgraded its Hold to Buy on March 04, 2024, whereas the target price for the stock was revised from $50 to $96.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 22 ’24 when Csiszar Ernst N sold 4,853 shares for $110.96 per share. The transaction valued at 538,481 led to the insider holds 25,000 shares of the business.
ERNEST N CSISZAR bought 4,853 shares of MTZ for $538,481 on Aug 22 ’24. On May 22 ’24, another insider, Campbell C Robert, who serves as the Director of the company, sold 2,000 shares for $110.00 each. As a result, the insider received 220,000 and left with 50,725 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 8733325312 and an Enterprise Value of 11272221696. As of this moment, Mastec’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1162.65, and their Forward P/E ratio for the next fiscal year is 25.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 30.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 3.21. Its current Enterprise Value per Revenue stands at 0.925 whereas that against EBITDA is 13.481.
Stock Price History:
Over the past 52 weeks, MTZ has reached a high of $113.69, while it has fallen to a 52-week low of $44.65. The 50-Day Moving Average of the stock is 2.58%, while the 200-Day Moving Average is calculated to be 24.89%.
Shares Statistics:
According to the various share statistics, MTZ traded on average about 782.78K shares per day over the past 3-months and 468650 shares per day over the past 10 days. A total of 79.28M shares are outstanding, with a floating share count of 61.47M. Insiders hold about 22.41% of the company’s shares, while institutions hold 76.99% stake in the company. Shares short for MTZ as of 1723680000 were 2571122 with a Short Ratio of 3.28, compared to 1721001600 on 2987053. Therefore, it implies a Short% of Shares Outstanding of 2571122 and a Short% of Float of 4.1300002000000005.
