Stock To Watch: MasTec, Inc. (NYSE:MTZ)


The leading market experts have placed a mean price target of $32.81 on MasTec, Inc. (NYSE:MTZ) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.51 a share for the upcoming quarter and $1.58 for the current fiscal.

Technical View

The technical analysis of MasTec, Inc. Common Stock plainly substantiates that the 50-day moving average of MasTec, Inc. Common Stock is $24.42, and stock is trading $5.53 points away or +22.63% from its 50-day moving average of $24.42. Further it is trading $9.05 or +43.32% away its 200-day moving average of $20.90. MasTec, Inc. (NYSE:MTZ) 52-week high is $30.39 and the 52-week low is $12.44.

This explains if the stock moves $-0.44, it will post a 52-week high. In event of +140.76% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of MasTec, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, MasTec, Inc. (NYSE:MTZ) ratio came in at N/A.

The stock last ended the trading session at $29.95 and registered a market cap of $2.41B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. MasTec, Inc. (NYSE:MTZ) PEG ratio is at 1.35.

1 Chart Pattern Every Investor Should Know

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