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.
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.
Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit funds into your brokerage account: Select your payment method and add your information.
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).
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.
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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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
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%.
No, Mastec doesn't provide an income stream by paying out dividends.
What do other traders have to say about MTZ?
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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:
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.
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.