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


The leading market experts have placed a mean price target of $25.46 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 $0.60 a share for the upcoming quarter and $1.40 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 $22.71, and stock is hovering -1.67 or -7.37% distant from $22.71. It is noted that the 200-day MA is $19.09, and MasTec, Inc. Common Stock stock is $1.95 or +10.21% off from this point. MasTec, Inc. (NYSE:MTZ) 52-week high is $24.67 and the 52-week low is $12.44. This explains if the stock moves $-3.63, it will post a 52-week high. In event of $+69.13% points 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 $21.04 and registered a market cap of $1.69B. 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 0.92.

1 Chart Pattern Every Investor Should Know

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