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How to Buy Mastec Stock

Mastec Inc

Mastec is a engineering & construction company located in Florida, United States, which is part of the Industrials sector, and is traded under the ticker MTZ on the NYSE exchange.

Mastec stock last closed at $93.73, up 2.36% from the previous day, and has decreased 0.29% in one year. It has underperformed other stocks in the Engineering & Construction industry by 0.6 percentage points. Mastec stock is currently +109.92% from its 52-week low of $44.65, and -24% from its 52-week high of $123.33.

As of Mar 27, 2024, there are 79.28M MTZ shares outstanding. The market cap of MTZ is $7.43B. In the last 24 hours, 798,575 MTZ shares were traded.

How to Buy Mastec Stock

Wondering how to invest in Mastec stock? Here's how.
  1. Figure out where to buy Mastec stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Mastec stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Analyze Mastec stock: The Mastec ticker symbol is MTZ. Is Mastec stock a good investment? Should you buy shares of MTZ? How do MTZ's underlying business fundamentals look? Do top analysts think Mastec is a good buy? Why has MTZ's stock price moved recently? (Hint: Our stock market research website can help you figure out if MTZ is a good stock to buy).
  5. Make your MTZ trade: Decide if you will purchase MTZ shares at the current market price or use a limit order to purchase MTZ shares at a particular price.
  6. Keep an eye on your MTZ investment: Create a watchlist to watch your position in Mastec shares.

Step 1: Figure out where to buy Mastec stock

You will need an online brokerage account to access the NYSE market and buy MTZ shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal info so you can buy MTZ stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've created your account on the best stock investing app, you need to deposit funds:

Check out this video walkthrough for more details transferring money into your brokerage account.

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Step 4: Analyze Mastec stock

Once you have selected the best place to buy Mastec stock, it's very important to analyze their stock before you buy, so you truly wrap your head around the risk and upside.

Mastec shares data

MTZ Price
$93.73
1w %
8.38%
1y %
-0.29%
5y %
103.14%
P/E
-146.45x
P/B
2.75x
P/S
0.61x
PEG
N/A
Revenue
$12.00B
Earnings
-$49.95M
Fore. Rev. Growth
5.21%
Fore. Earn. Growth
N/A
Market Cap
$7.43B
Next Earnings
May 2, 2024
Next Dividend
N/A

MTZ Overview

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on MTZ's stock page.

Is MTZ stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MTZ's fair value.

Using relative valuations ratios:

  • MTZ may be undervalued based on its P/B ratio of 2.75x, relative to Engineering & Construction industry P/B ratio of 4.33x

You can do more valuation research on MTZ's stock here.

Is MTZ a healthy company?

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the MTZ balance sheet.
  • There are more short-term assets than short-term liabilities on the MTZ balance sheet.

Negative Financial Indicators:

  • MTZ's operating cash flow of $687.28M allows it to safely service it's debt of $3.50B.
  • Total MTZ debt is higher than 5 years ago, relative to shareholder equity.
  • MTZ earnings of $149.05M is not sufficient to cover its interest payments.
  • MTZ profit margin has gone down from 0.3% to -0.4% in the past year.
  • MTZ has a relatively high debt to equity ratio of 2.46.

Is it a good time to buy MTZ stock, according to Wall Street analysts?

Out of 12 sell side analysts who track MTZ, the consensus analyst rating on MTZ is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

Latest MTZ Analyst Upgrades/Downgrades

Christian Schwab, a top 10% analyst from Craig-Hallum upgrades MTZ to a buy rating and announces their MTZ price target of $96.00, on Mar 4, 2024.

Marc Bianchi, a top 19% analyst from TD Cowen maintains MTZ with a buy rating and raises their MTZ price target from $85.00 to $105.00, on Mar 4, 2024.

Andrew Wittmann, a top 7% analyst from Baird maintains MTZ with a hold rating and raises their MTZ price target from $70.00 to $89.00, on Mar 4, 2024.

Sangita Jain, a top 25% analyst from KeyBanc maintains MTZ with a strong buy rating and raises their MTZ price target from $92.00 to $97.00, on Mar 4, 2024.

Neil Mehta, a top 7% analyst from Goldman Sachs maintains MTZ with a hold rating and raises their MTZ price target from $54.00 to $61.00, on Feb 9, 2024.

You can dive deeper into what analysts are saying on the Mastec stock forecast page.

MTZ Trading Indicators

SMA10
88.55
SMA20
87.79
SMA50
76.57
SMA100
70.14
SMA200
81.66
MACD
4.2
MACD Signal
4.1
MACD Histogram
0.1
RSI
70.18
Stochastic %K
87.42
Stochastic %D
80.43
StochRSI %K
48.99
StochRSI %D
44.55

MTZ Earnings

Last year, MTZ revenue was $12.00B. In the past five year, MTZ's revenue has gone up by 11.67% per year. This was faster than the Engineering & Construction industry average of 10.77%.

Dive into MTZ's earnings and revenue performance here.

What are MTZ executives and large shareholders up to?

In the last 12 months, executives and large shareholders at MTZ have sold more shares than they have bought.

Robert E. Apple, COO of MTZ, was the latest MTZ insider to sell. They sold $650,031.72 worth of MTZ shares on Mar 18, 2024.

Research more about who owns MTZ stock here.

Can I rely on MTZ as an income stream?

No, Mastec doesn't provide an income stream by paying out dividends.

What do other traders have to say about MTZ?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your MTZ trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Hit the Open button and eToro will place the order.

If you want more help with investing in stocks on eToro, watch the helpful video below:

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Step 6: Keep an eye on your MTZ investment

Now that you own some shares in MTZ, you'll want to keep up with your investment.

Start a watchlist to track the latest developments regarding your MTZ stock.

MTZ Feed

How to Buy Stock in Mastec

To summarize, here are the 6 steps to buy stock in Mastec:

  1. Figure out where to buy Mastec stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Mastec stock
  5. Make your MTZ trade
  6. Keep an eye on your MTZ investment

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Mastec, add MTZ to your watchlist by clicking the button below.

NYSE: MTZ
$93.73+2.16 (+2.36%)
Updated Mar 27, 2024
Open eToro Account
NYSE: MTZ
$93.73+2.16 (+2.36%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mastec share?

As of Mar 27, 2024, it costs $93.73 to buy one share of Mastec stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.107 shares of MTZ.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mastec stock?

According to 12 Wall Street analysts who monitor Mastec, their consensus recommendation is to buy Mastec stock.

What is the best way to buy Mastec stock?

One way to place an order for Mastec stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.