MasTec (NYSE:MTZ) Issues FY 2025 Earnings Guidance

MasTec (NYSE:MTZ) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 5.350-5.840 for the period, compared to the consensus EPS estimate of 5.170. The company issued revenue guidance of $13.5 billion-$13.5 billion, compared to the consensus revenue estimate of $13.3 billion. MasTec also updated its Q1 2025 guidance to 0.340-0.340 EPS.

MasTec Price Performance

Shares of MTZ traded up $3.72 during mid-day trading on Friday, hitting $130.55. 3,335,682 shares of the company were exchanged, compared to its average volume of 1,082,766. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 116.56 and a beta of 1.73. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.20 and a current ratio of 1.24. MasTec has a 1-year low of $73.85 and a 1-year high of $166.95. The company has a 50 day moving average of $141.60 and a 200-day moving average of $131.44.

MasTec (NYSE:MTZ) last announced its quarterly earnings results 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. The business had revenue of $3.40 billion during the quarter, compared to the consensus estimate of $3.32 billion. MasTec had a net margin of 0.73% and a return on equity of 8.27%. Analysts expect that MasTec will post 3.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on MTZ shares. JPMorgan Chase & Co. raised their price target on shares of MasTec from $154.00 to $172.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Guggenheim began coverage on shares of MasTec in a report on Wednesday, January 8th. They issued a “buy” rating and a $195.00 price objective on the stock. B. Riley restated a “buy” rating and issued a $166.00 price objective (up from $151.00) on shares of MasTec in a report on Tuesday, November 5th. KeyCorp raised their price objective on shares of MasTec from $153.00 to $168.00 and gave the company an “overweight” rating in a report on Wednesday, January 8th. Finally, Robert W. Baird raised their price objective on shares of MasTec from $120.00 to $153.00 and gave the company a “neutral” rating in a report on Monday, November 4th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, MasTec currently has a consensus rating of “Moderate Buy” and an average target price of $158.57.

About MasTec

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.