Brokers Set Expectations for MasTec’s Q2 Earnings (NYSE:MTZ)

MasTec, Inc. (NYSE:MTZ) – Investment analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of MasTec in a research report issued on Tuesday, May 6th. DA Davidson analyst B. Thielman forecasts that the construction company will post earnings per share of $1.35 for the quarter. The consensus estimate for MasTec’s current full-year earnings is $3.44 per share.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, May 1st. The construction company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.34 by $0.17. MasTec had a net margin of 0.73% and a return on equity of 8.27%. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the previous year, the firm posted ($0.13) earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis.

A number of other equities research analysts also recently issued reports on the stock. Robert W. Baird reduced their price objective on shares of MasTec from $162.00 to $153.00 and set a “neutral” rating for the company in a research report on Monday, March 3rd. Barclays boosted their target price on MasTec from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Wolfe Research initiated coverage on MasTec in a research report on Monday, March 31st. They set a “peer perform” rating for the company. B. Riley reissued a “buy” rating and issued a $165.00 price objective (up previously from $151.00) on shares of MasTec in a research report on Wednesday, March 19th. Finally, Citigroup raised their target price on MasTec from $152.00 to $170.00 and gave the company a “buy” rating in a research report on Monday. Three research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $160.33.

MasTec Stock Performance

NYSE MTZ opened at $144.86 on Wednesday. The company has a fifty day moving average price of $121.11 and a 200-day moving average price of $132.88. The firm has a market cap of $11.45 billion, a price-to-earnings ratio of 129.34 and a beta of 1.71. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.20. MasTec has a 1 year low of $89.96 and a 1 year high of $166.95.

Hedge Funds Weigh In On MasTec

Large investors have recently made changes to their positions in the stock. Barclays PLC boosted its stake in MasTec by 642.7% in the 3rd quarter. Barclays PLC now owns 242,066 shares of the construction company’s stock worth $29,797,000 after purchasing an additional 209,472 shares during the period. Virtu Financial LLC purchased a new stake in shares of MasTec in the third quarter worth about $254,000. Wilmington Savings Fund Society FSB bought a new position in shares of MasTec in the third quarter valued at approximately $25,000. Tidal Investments LLC grew its stake in MasTec by 5.7% during the third quarter. Tidal Investments LLC now owns 10,912 shares of the construction company’s stock valued at $1,343,000 after acquiring an additional 585 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in MasTec by 24.4% during the 4th quarter. GAMMA Investing LLC now owns 637 shares of the construction company’s stock worth $87,000 after acquiring an additional 125 shares during the period. 78.10% of the stock is owned by institutional investors.

Insider Activity at MasTec

In other MasTec news, Director Ernst N. Csiszar sold 2,517 shares of the business’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $131.63, for a total transaction of $331,312.71. Following the sale, the director now owns 23,000 shares of the company’s stock, valued at $3,027,490. The trade was a 9.86 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 21.30% of the stock is currently owned by corporate insiders.

MasTec Company Profile

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 five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.