20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
8 analysts have shared their evaluations of MasTec (NYSE:MTZ) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 2 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for MasTec, presenting an average target of $75.75, a high estimate of $106.00, and a low estimate of $54.00. Experiencing a 28.67% decline, the current average is now lower than the previous average price target of $106.20.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of MasTec's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Sangita Jain | Keybanc | Announces | Overweight | $92.00 | - |
| Stanley Elliott | Stifel | Raises | Buy | $84.00 | $70.00 |
| Stanley Elliott | Stifel | Announces | Buy | $70.00 | - |
| Neil Mehta | Goldman Sachs | Lowers | Neutral | $54.00 | $119.00 |
| Neil Mehta | Goldman Sachs | Announces | Neutral | $54.00 | - |
| Adam Seiden | Barclays | Lowers | Overweight | $55.00 | $106.00 |
| Andrew Kaplowitz | Citigroup | Lowers | Buy | $91.00 | $116.00 |
| Adam Seiden | Barclays | Lowers | Overweight | $106.00 | $120.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to MasTec. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of MasTec compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for MasTec's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of MasTec's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on MasTec analyst ratings.
Delving into MasTec's Background
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.
MasTec: A Financial Overview
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: MasTec's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 29.58%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: MasTec's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 0.44%, the company may face hurdles in effective cost management.
Return on Equity (ROE): MasTec's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.53%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): MasTec's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.15%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a high debt-to-equity ratio of 1.34, MasTec faces challenges in effectively managing its debt levels, indicating potential financial strain.
Analyst Ratings: Simplified
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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