MasTec (MTZ) to Release Quarterly Earnings on Tuesday

MasTec (NYSE:MTZ) will be releasing its earnings data after the market closes on Tuesday, February 27th. Analysts expect MasTec to post earnings of $0.37 per share for the quarter.

Shares of MasTec (NYSE MTZ) opened at $51.00 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.66. MasTec has a 1-year low of $35.75 and a 1-year high of $55.53. The stock has a market cap of $4,220.00, a PE ratio of 17.47, a P/E/G ratio of 1.17 and a beta of 1.49.

In other MasTec news, COO Robert E. Apple sold 25,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $55.07, for a total value of $1,376,750.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 20.30% of the company’s stock.

A number of brokerages recently issued reports on MTZ. B. Riley reissued a “buy” rating and issued a $67.00 price objective (up previously from $66.00) on shares of MasTec in a report on Tuesday, November 7th. Citigroup upped their price objective on shares of MasTec from $62.00 to $68.00 and gave the company a “buy” rating in a report on Tuesday, February 6th. Zacks Investment Research raised shares of MasTec from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Wednesday, January 3rd. Stifel Nicolaus upped their price objective on shares of MasTec from $60.00 to $63.00 and gave the company a “buy” rating in a report on Friday, January 26th. Finally, Robert W. Baird set a $56.00 price objective on shares of MasTec and gave the company a “buy” rating in a report on Wednesday, January 3rd. Two investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $58.94.

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MasTec Company Profile

MasTec, Inc is an infrastructure construction company. The Company operates primarily across North America through a range of industries. The Company operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. Its primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, such as wireless, wireline/fiber, satellite communications and customer fulfillment activities; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; conventional and renewable power generation, and industrial infrastructure.

Earnings History for MasTec (NYSE:MTZ)

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