MTZ - MasTec Inc Stock Price, Fair Value and News

107.38USD+0.93 (+0.87%)Market Closed

Market Summary

USD107.38+0.93

Market Closed

0.87%

MTZ Alerts

Big jump in Earnings (Y/Y)

Losses in recent quarter

MTZ Stock Price

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MTZ RSI Chart

MTZ Valuation

Market Cap

8.5B

Price/Earnings (Trailing)

-805.77

Price/Sales (Trailing)

0.71

EV/EBITDA

16.9

Price/Free Cashflow

9.68

MTZ Price/Sales (Trailing)

MTZ Profitability

EBT Margin

-0.02%

Return on Equity

-0.39%

Return on Assets

-0.12%

Free Cashflow Yield

10.33%

MTZ Fundamentals

MTZ Revenue

Revenue (TTM)

12.1B

Rev. Growth (Yr)

3.95%

Rev. Growth (Qtr)

-18.09%

MTZ Earnings

Earnings (TTM)

-10.6M

Earnings Growth (Yr)

48.87%

Earnings Growth (Qtr)

-5.6K%

Breaking Down MTZ Revenue

Last 7 days

-0.6%

Last 30 days

29.7%

Last 90 days

51.1%

Trailing 12 Months

8.7%

How does MTZ drawdown profile look like?

MTZ Financial Health

Current Ratio

1.31

Debt/Equity

0.94

Debt/Cashflow

0.35

MTZ Investor Care

Shares Dilution (1Y)

0.76%

Diluted EPS (TTM)

-0.13

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	12.1B	0	0	0
2023	10.4B	11.0B	11.7B	12.0B
2022	8.1B	8.5B	8.6B	9.8B
2021	6.7B	7.1B	7.8B	8.0B
2020	7.1B	6.7B	6.4B	6.3B
2019	7.0B	7.4B	7.4B	7.2B
2018	6.8B	6.6B	6.6B	6.9B
2017	5.3B	6.0B	6.3B	6.6B
2016	4.2B	4.3B	4.8B	5.1B
2015	4.7B	4.6B	4.4B	4.2B
2014	4.4B	4.5B	4.5B	4.6B
2013	3.9B	3.9B	4.1B	4.3B
2012	3.0B	3.3B	3.5B	3.7B
2011	2.4B	2.6B	2.8B	2.8B
2010	1.8B	2.0B	2.1B	2.3B
2009	0	0	0	1.6B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of MasTec Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	mas jose ramon	sold (taxes)	-1,818,480	86.36	-21,057	ceo
Mar 18, 2024	de cardenas alberto	sold (taxes)	-218,923	86.36	-2,535	evp, general counsel
Mar 18, 2024	apple robert e	sold (taxes)	-650,032	86.36	-7,527	coo
Mar 05, 2024	mas jose ramon	acquired	-	-	81,037	ceo
Mar 05, 2024	dimarco paul	acquired	-	-	24,311	cfo
Mar 05, 2024	mas jorge	acquired	-	-	48,622	-
Mar 05, 2024	apple robert e	acquired	-	-	35,888	coo
Mar 05, 2024	de cardenas alberto	acquired	-	-	18,523	evp, general counsel
Feb 15, 2024	campbell c robert	acquired	-	-	639	-
Feb 15, 2024	parker ava l	acquired	-	-	547	-

Which funds bought or sold MTZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-83.91	-7,274,250	1,796,930	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	reduced	-29.16	-104,428	215,262	0.01%
May 16, 2024	Creekmur Asset Management LLC	added	20.00	904	2,797	-%
May 16, 2024	COMERICA BANK	added	1.89	507,958	2,501,390	0.01%
May 16, 2024	SkyView Investment Advisors, LLC	new	-	233,000	233,000	0.04%
May 16, 2024	Tidal Investments LLC	added	132	476,971	733,132	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.11	855,539	5,931,350	0.01%
May 15, 2024	AMUNDI	sold off	-100	-660,326	-	-%
May 15, 2024	CITADEL ADVISORS LLC	added	56.46	54,603,700	113,517,000	0.02%
May 15, 2024	BOOTHBAY FUND MANAGEMENT, LLC	reduced	-35.86	-545,615	2,051,130	0.04%

Are Funds Buying or Selling MTZ?

Are funds buying MTZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MTZ

No. of Funds

Unveiling MasTec Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.57%	5,969,314	SC 13G/A
Jan 26, 2024	blackrock inc.	6.9%	5,425,430	SC 13G/A
Feb 09, 2023	vanguard group inc	7.66%	5,995,128	SC 13G/A
Jan 31, 2023	blackrock inc.	7.5%	5,866,074	SC 13G/A
Jan 13, 2023	mas jorge	14.9%	11,742,880	SC 13D/A
Jan 13, 2023	mas jose ramon	7.7%	6,079,185	SC 13D/A
Feb 11, 2022	macquarie group ltd	3.40%	2,526,052	SC 13G/A
Feb 01, 2022	blackrock inc.	7.4%	5,481,959	SC 13G/A
Apr 12, 2021	blackrock inc.	10.1%	7,514,030	SC 13G/A
Feb 12, 2021	macquarie group ltd	5.64%	4,166,282	SC 13G/A

Recent SEC filings of MasTec Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	8-K	Current Report
May 16, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 13, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to MasTec Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	176.0B	67.0B	-0.57%	65.92%	15.65	2.63	8.59%	58.17%
GE	175.0B	69.5B	2.71%	53.73%	49.85	2.52	16.04%	-60.91%
CMI	39.1B	34.0B	-1.97%	33.06%	18.95	1.15	12.85%	-19.64%
AME	38.6B	6.7B	-6.32%	12.86%	29.28	5.73	7.11%	10.53%
ACM	12.2B	15.3B	-3.16%	12.28%	-885.03	0.79	13.36%	-103.70%
MID-CAP
APG	9.8B	6.9B	-3.29%	52.06%	57.15	1.42	3.19%	62.26%
FLR	6.6B	15.5B	-3.16%	34.99%	21.56	0.42	7.53%	3145.00%
FLS	6.5B	4.4B	8.65%	40.81%	27.89	1.48	17.31%	1.26%
ACA	4.2B	2.4B	12.71%	24.81%	29.5	1.79	4.48%	-49.27%
ALG	2.3B	1.7B	-5.99%	7.81%	17.35	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	46.91%	-37.28%	24.47	1.02	-13.54%	-25.70%
AGX	872.9M	573.3M	9.79%	57.95%	26.98	1.52	26.00%	-2.24%
NKLA	732.5M	35.8M	-15.62%	-26.90%	-0.78	20.44	-27.93%	-18.06%
AMSC	430.6M	135.4M	17.93%	212.03%	-26.25	3.18	-25.90%	65.37%
ADES	247.8M	100.1M	1.25%	441.48%	-30.37	2.47	2.80%	39.07%

MasTec Inc News

Latest updates

MasTec Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-18.1%	2,687	3,280	3,257	2,874	2,585	3,008	2,514	2,302	1,954	1,809	2,404	1,963	1,775	1,637	1,698	1,569	1,417	1,709	2,017	1,939	1,518
S&GA Expenses	-100.0%	-	178	181	176	164	155	125	134	145	68.00	87.00	82.00	71.00	60.00	73.00	85.00	86.00	66.00	77.00	71.00	73.00
EBITDA Margin	16.1%	0.05*	0.04*	0.04*	0.04*	0.04*	0.04*	0.05*	0.06*	0.07*	0.09*	0.10*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	22.9%	62.00	50.00	75.00	53.00	59.00	37.00	35.00	11.00	23.00	13.00	21.00	7.00	22.00	8.00	24.00	12.00	21.00	11.00	30.00	17.00	26.00
Income Taxes	-841.3%	-11.08	-1.18	8.00	3.00	-44.73	9.00	11.00	2.00	-13.15	15.00	28.00	27.00	29.00	41.00	41.00	21.00	0.00	22.00	43.00	40.00	12.00
Earnings Before Taxes	-910860.0%	-45.54	0.00	23.00	20.00	-125	13.00	60.00	18.00	-48.10	92.00	140	103	95.00	154	157	78.00	36.00	122	173	160	55.00
EBT Margin	96.4%	0.00*	-0.01*	-0.01*	0.00*	0.00*	0.00*	0.01*	0.02*	0.04*	0.05*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	-5568.8%	-41.18	1.00	14.00	16.00	-80.54	3.00	49.00	16.00	-34.98	77.00	111	75.00	66.00	113	116	57.00	36.00	101	129	120	43.00
Net Income Margin	79.0%	0.00*	0.00*	0.00*	0.00*	0.00*	0.00*	0.01*	0.02*	0.03*	0.04*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	-78.0%	108	491	273	-33.38	-108	212	95.00	-151	110	272	128	70.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-6.7%	8,745	9,374	9,530	9,288	9,055	9,293	7,476	7,405	7,263	7,121	6,013	5,902	5,538	5,228	5,202	4,990	4,894	4,997	4,859	4,797	4,860
Current Assets	-13.3%	3,445	3,974	4,039	3,829	3,657	3,859	3,114	3,057	2,784	2,874	2,588	2,408	2,550	2,359	2,334	2,137	2,080	2,174	2,199	2,127	2,262
Cash Equivalents	-52.9%	249	530	214	120	142	371	96.00	139	233	361	240	237	512	423	238	49.00	72.00	71.00	43.00	59.00	43.00
Inventory	3.9%	112	108	129	153	165	118	128	124	101	93.00	92.00	87.00	93.00	90.00	86.00	105	107	100	107	127	122
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	1,025	982	994	972	937	906	863	853	799
Goodwill	0.0%	2,126	2,126	2,119	2,080	2,066	2,045	1,494	1,485	1,504	1,521	1,339	1,332	1,263	1,243	1,232	1,227	1,221	1,221	1,141	1,144	1,141
Liabilities	-9.0%	6,055	6,652	6,816	6,599	6,408	6,552	4,929	4,920	4,576	4,578	3,736	3,740	3,449	3,222	3,325	3,239	3,204	3,205	3,179	3,246	3,427
Current Liabilities	-7.2%	2,633	2,837	2,811	2,441	2,379	2,496	1,986	1,898	1,866	1,785	1,704	1,639	1,633	1,415	1,514	1,523	1,260	1,219	1,335	1,391	1,263
Long Term Debt	-12.2%	2,537	2,888	3,030	3,155	3,046	3,052	2,068	2,118	1,789	1,876	1,347	1,420	1,170	1,158	1,164	1,116	1,297	1,314	1,221	1,251	1,539
Shareholder's Equity	-0.6%	2,690	2,706	2,703	2,688	2,648	2,737	2,547	2,485	2,512	2,544	2,277	2,161	2,089	2,006	1,877	1,751	1,690	1,792	1,679	1,551	1,434
Retained Earnings	-1.9%	2,105	2,146	2,145	2,131	2,115	2,196	2,193	2,144	2,127	2,162	2,086	1,975	1,899	1,834	1,720	1,604	1,547	1,511	1,410	1,281	1,161
Additional Paid-In Capital	0.5%	1,270	1,263	1,254	1,247	1,236	1,247	1,055	1,050	1,036	1,034	847	841	841	837	829	822	814	810	804	799	794
Shares Outstanding	0.5%	78.00	78.00	78.00	77.00	77.00	75.00	74.00	74.00	75.00	72.00	72.00	72.00	-	-	-	-	-	-	-	-	-
Minority Interest	4.3%	16.00	15.00	10.00	9.00	1.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	5.00	3.00	2.00
Float	-	-	-	-	7,100	-	-	-	4,100	-	-	-	5,900	-	-	-	2,500	-	-	-	3,100	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-78.0%	108	491	294	-11.54	-86.37	234	117	-129	132	294	150	92.00	257	254	216	264	203	109	90.00	398	-46.81
Share Based Compensation	7.5%	10.00	9.00	7.00	9.00	9.00	9.00	6.00	7.00	6.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	4.00	4.00	4.00	4.00	4.00
Cashflow From Investing	-104.3%	-13.03	-6.38	-30.22	-51.97	-89.49	-579	-21.67	-118	-101	-640	-40.58	-541	-134	-39.43	-40.50	-77.93	-58.74	-118	-20.72	-11.60	-111
Cashflow From Financing	-121.3%	-374	-169	-169	41.00	-53.44	620	-136	155	-158	467	-106	174	-33.19	-29.90	15.00	-209	-145	37.00	-85.22	-370	174
Buy Backs	-	-	-	-	-	-	-	-	68.00	14.00	-	-	-	-	-	-	1.00	119	-	-	-0.05	6.00

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MTZ Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 2,686,849	$ 2,584,659
Costs of revenue, excluding depreciation and amortization	2,379,672	2,359,494
Depreciation	107,435	107,247
Amortization of intangible assets	33,691	41,944
General and administrative expenses	165,536	163,914
Interest expense, net	52,059	52,693
Equity in earnings of unconsolidated affiliates, net	(9,219)	(9,152)
Other expense (income), net	3,213	(6,201)
Loss before income taxes	(45,538)	(125,280)
Benefit from income taxes	11,079	44,734
Net loss	(34,459)	(80,546)
Net income (loss) attributable to non-controlling interests	6,721	(6)
Net loss attributable to MasTec, Inc.	$ (41,180)	$ (80,540)
Loss per share (Note 2):
Basic loss per share (in dollars per share)	$ (0.53)	$ (1.05)
Diluted loss per share (in dollars per share)	$ (0.53)	$ (1.05)
Basic weighted average common shares outstanding (in shares)	77,942	76,984
Diluted weighted average common shares outstanding (in shares)	77,942	76,984

MTZ Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 249,326	$ 529,561
Accounts receivable, net of allowance	1,310,483	1,370,074
Contract assets	1,585,023	1,756,381
Inventories, net	112,323	108,146
Prepaid expenses	102,050	105,880
Other current assets	86,265	104,211
Total current assets	3,445,470	3,974,253
Property and equipment, net	1,572,766	1,651,462
Operating lease right-of-use assets	424,575	418,685
Goodwill, net	2,126,041	2,126,366
Other intangible assets, net	751,008	784,260
Other long-term assets	425,493	418,485
Total assets	8,745,353	9,373,511
Current liabilities:
Current portion of long-term debt, including finance leases	180,638	177,246
Current portion of operating lease liabilities	144,317	137,765
Accounts payable	965,308	1,242,602
Accrued salaries and wages	215,678	198,943
Other accrued expenses	398,432	415,075
Contract liabilities	548,641	480,967
Other current liabilities	180,357	184,621
Total current liabilities	2,633,371	2,837,219
Long-term debt, including finance leases	2,537,091	2,888,058
Long-term operating lease liabilities	291,707	292,873
Deferred income taxes	347,424	390,399
Other long-term liabilities	245,736	243,701
Total liabilities	6,055,329	6,652,250
Commitments and contingencies (Note 14)
Equity
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares – none	0	0
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 99,272,155 and 99,093,134 (including 1,559,852 and 1,504,996 of unvested stock awards) as of March 31, 2024 and December 31, 2023, respectively	9,927	9,909
Capital surplus	1,270,291	1,263,360
Retained earnings	2,104,613	2,145,793
Accumulated other comprehensive loss	(50,654)	(52,997)
Treasury stock, at cost: 19,813,055 shares as of both March 31, 2024 and December 31, 2023.	(659,913)	(659,913)
Total MasTec, Inc. shareholders’ equity	2,674,264	2,706,152
Non-controlling interests	15,760	15,109
Total equity	2,690,024	2,721,261
Total liabilities and equity	$ 8,745,353	$ 9,373,511

About MasTec Inc

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. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, fiber, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; natural gas, carbon capture sequestration, and other product transport; electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure; compressor and pump stations, and treatment plants; and water infrastructure, including water pipelines. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, pipeline operators, heavy civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

CEO	Mr. Jose Ramon Mas
WEBSITE	mastec.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	33000

MasTec Inc Frequently Asked Questions

What is the ticker symbol for MasTec Inc? What does MTZ stand for in stocks?

MTZ is the stock ticker symbol of MasTec Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MasTec Inc (MTZ)?

As of Fri May 17 2024, market cap of MasTec Inc is 8.53 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTZ stock?

You can check MTZ's fair value in chart for subscribers.

What is the fair value of MTZ stock?

You can check MTZ's fair value in chart for subscribers. The fair value of MasTec Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MasTec Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MasTec Inc a good stock to buy?

The fair value guage provides a quick view whether MTZ is over valued or under valued. Whether MasTec Inc is cheap or expensive depends on the assumptions which impact MasTec Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTZ.

What is MasTec Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MTZ's PE ratio (Price to Earnings) is -805.77 and Price to Sales (PS) ratio is 0.71. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MasTec Inc's stock?

In the past 10 years, MasTec Inc has provided 0.108 (multiply by 100 for percentage) rate of return.