MasTec (NYSE:MTZ) Updates Q1 2025 Earnings Guidance

MasTec (NYSE:MTZ) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.340-0.340 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.9 billion. MasTec also updated its FY 2025 guidance to 5.350-5.840 EPS.

MasTec Stock Performance

MasTec stock traded down $6.19 during midday trading on Thursday, reaching $126.34. 1,982,809 shares of the company traded hands, compared to its average volume of 1,023,414. MasTec has a 12 month low of $72.96 and a 12 month high of $166.95. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.20. The business has a 50 day moving average of $141.84 and a two-hundred day moving average of $131.31. The firm has a market capitalization of $10.01 billion, a price-to-earnings ratio of 112.80 and a beta of 1.73.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, February 27th. The construction company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. MasTec had a net margin of 0.73% and a return on equity of 8.27%. As a group, research analysts predict that MasTec will post 3.44 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MTZ shares. Craig Hallum raised their price objective on MasTec from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. upped their target price on MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Stifel Nicolaus boosted their price target on shares of MasTec from $155.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Truist Financial raised their price objective on MasTec from $173.00 to $189.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Finally, Guggenheim initiated coverage on shares of MasTec in a research note on Wednesday, January 8th. They set a “buy” rating and a $195.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $158.57.

MasTec Company Profile

MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.