WallStreetZen

NYSE: MTZ
Mastec Inc Stock Forecast, Predictions & Price Target

Analyst price target for MTZ

Based on 7 analysts offering 12 month price targets for Mastec Inc.
Min Forecast
$105.00+14.02%
Avg Forecast
$121.86+32.32%
Max Forecast
$132.00+43.34%

Should I buy or sell MTZ stock?

Based on 8 analysts offering ratings for Mastec Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
3 analysts 37.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MTZ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 22%
79
Strong BuyInitiates Coverage On$120.00+30.31%2021-09-17
Cowen & Co.
Top 27%
74
BuyInitiates Coverage On$120.00+30.31%2021-07-19
Credit Suisse
Bottom 1%
1
BuyMaintains$132.00+43.34%2021-05-10
Craig-Hallum
Top 10%
91
BuyMaintains$128.00+38.99%2021-05-10
DA Davidson
Top 3%
98
Strong BuyMaintains$130.00+41.17%2021-05-10
Citigroup
Top 3%
98
Strong BuyMaintains$118.00+28.14%2021-04-21
Barclays
Bottom 24%
24
Strong BuyMaintains$105.00+14.02%2021-03-01
KeyBanc
Top 4%
97
HoldDowngradesN/AN/A2021-01-27

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Forecast return on equity

Is MTZ forecast to generate an efficient return?
Company
21.57%
Industry
17.83%
Market
46.47%
MTZ's Return on Equity is forecast to be high in 3 years (21.57%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is MTZ forecast to generate an efficient return on assets?
Company
8.16%
Industry
6.46%
MTZ is forecast to generate higher Return on Assets (8.16%) than the US Engineering & Construction industry average (6.46%)
Forecast

MTZ earnings per share forecast

What is MTZ's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$5.22+3.57%
Avg 2 year Forecast
$5.76+14.29%
Avg 3 year Forecast
$6.60+30.95%
MTZ's earnings are forecast to grow at a rate of 7.52% per year, which is not exceptional
Forecast

MTZ revenue forecast

What is MTZ's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$8.0B+3.04%
Avg 2 year Forecast
$8.8B+12.66%
Avg 3 year Forecast
$9.8B+26.33%
MTZ's revenue is forecast to grow at a rate of 6.59% per year, which is not exceptional
Forecast

MTZ earnings growth forecast

How is MTZ forecast to perform vs Engineering & Construction companies and vs the US market?
Company
7.52%
Industry
28.76%
Market
17.69%
MTZ's earnings are forecast to grow slower (7.52% per year) than the US Engineering & Construction industry average (28.76%)
Forecast
MTZ's earnings are forecast to grow slower (7.52% per year) than the US market average (17.69%)
Forecast
MTZ's earnings are forecast to grow faster (7.52% per year) than the risk-free savings rate (1.4%)
Forecast

MTZ revenue growth forecast

How is MTZ forecast to perform vs Engineering & Construction companies and vs the US market?
Company
6.59%
Industry
7.18%
Market
10.71%
MTZ's revenues are forecast to grow slower (6.59% per year) than the US Engineering & Construction industry average (7.18%)
Forecast
MTZ's revenues are forecast to grow slower (6.59% per year) than the US market average (10.71%)
Forecast

Mastec Stock Forecast FAQ

Is Mastec Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: MTZ) stock is to Strong Buy MTZ stock.

Out of 8 analysts, 4 (50%) are recommending MTZ as a Strong Buy, 3 (37.5%) are recommending MTZ as a Buy, 1 (12.5%) are recommending MTZ as a Hold, 0 (0%) are recommending MTZ as a Sell, and 0 (0%) are recommending MTZ as a Strong Sell.

What is MTZ's earnings growth forecast for 2021-2023?

(NYSE: MTZ) Mastec's forecast annual earnings growth rate of 7.52% is not forecast to beat the US Engineering & Construction industry's average forecast earnings growth rate of 28.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.69%.

Mastec's earnings in 2021 is $365,309,000.On average, 4 Wall Street analysts forecast MTZ's earnings for 2021 to be $387,865,178, with the lowest MTZ earnings forecast at $386,379,105, and the highest MTZ earnings forecast at $389,351,252. On average, 4 Wall Street analysts forecast MTZ's earnings for 2022 to be $427,989,162, with the lowest MTZ earnings forecast at $407,927,170, and the highest MTZ earnings forecast at $452,509,375.

In 2023, MTZ is forecast to generate $490,404,248 in earnings, with the lowest earnings forecast at $490,404,248 and the highest earnings forecast at $490,404,248.

What is MTZ's revenue growth forecast for 2021-2023?

(NYSE: MTZ) Mastec's forecast annual revenue growth rate of 6.59% is not forecast to beat the US Engineering & Construction industry's average forecast revenue growth rate of 7.18%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

Mastec's revenue in 2021 is $7,779,209,000.On average, 2 Wall Street analysts forecast MTZ's revenue for 2021 to be $595,579,612,874, with the lowest MTZ revenue forecast at $594,912,365,881, and the highest MTZ revenue forecast at $596,246,859,866. On average, 3 Wall Street analysts forecast MTZ's revenue for 2022 to be $651,191,677,553, with the lowest MTZ revenue forecast at $635,296,412,700, and the highest MTZ revenue forecast at $671,301,744,010.

In 2023, MTZ is forecast to generate $730,211,925,868 in revenue, with the lowest revenue forecast at $730,211,925,868 and the highest revenue forecast at $730,211,925,868.

What is MTZ's forecast return on assets (ROA) for 2021-2023?

(NYSE: MTZ) forecast ROA is 8.16%, which is higher than the forecast US Engineering & Construction industry average of 6.46%.

What is MTZ's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MTZ price target, the average MTZ price target is $121.86, with the highest MTZ stock price forecast at $132.00 and the lowest MTZ stock price forecast at $105.00.

On average, Wall Street analysts predict that Mastec's share price could stay at $121.86 by Sep 17, 2022. The average Mastec stock price prediction forecasts a potential downside of N/A from the current MTZ share price of $92.09.

What is MTZ's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: MTZ) Mastec's current Earnings Per Share (EPS) is $5.04. On average, analysts forecast that MTZ's EPS will be $5.22 for 2021, with the lowest EPS forecast at $5.20, and the highest EPS forecast at $5.24. On average, analysts forecast that MTZ's EPS will be $5.76 for 2022, with the lowest EPS forecast at $5.49, and the highest EPS forecast at $6.09. In 2023, MTZ's EPS is forecast to hit $6.60 (min: $6.60, max: $6.60).

What is MTZ's forecast return on equity (ROE) for 2021-2023?

(NYSE: MTZ) forecast ROE is 21.57%, which is considered strong.
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