Workflow
MasTec(MTZ)
icon
Search documents
MasTec (MTZ) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-01-14 14:51
Core Insights - Momentum investors focus on "buying high and selling higher" rather than traditional strategies of buying low and waiting for recovery [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy [3] Company Analysis: MasTec (MTZ) - MasTec (MTZ) has shown a four-week price change of 3.1%, indicating growing investor interest [4] - Over the past 12 weeks, MTZ's stock has gained 12.4%, with a beta of 1.74, suggesting it moves 74% more than the market [5] - MTZ has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - MTZ is trading at a Price-to-Sales ratio of 0.94, suggesting it is undervalued at 94 cents for each dollar of sales [7] Investment Opportunities - MTZ appears to have significant potential for growth at a fast pace, alongside other stocks that meet the 'Fast-Paced Momentum at a Bargain' criteria [8] - There are over 45 Zacks Premium Screens available for investors to identify winning stock picks based on their investing style [9]
MasTec: Scale And Growth At A Discounted Valuation
Seeking Alpha· 2025-01-09 04:22
The demand for electricity is increasing far faster than expected, driven by climate change, the need to reach net-zero carbon emissions, and now data center demand to make AI proliferation possible. I have analyzed several companies in this valueExperience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learnin ...
MasTec Stock Surges 29% in 6 Months: Still a Buy for Investors?
ZACKS· 2024-12-27 15:35
Shares of MasTec, Inc. (MTZ) have gained 29.4% over the past six months, outperforming the 26.4% growth in the Zacks Building Products - Heavy Construction industry. The stock has also surpassed the broader Construction sector's growth of 7% and the S&P 500 index’s 10.9% rally during the same period.As of Thursday, the stock closed at $138.50, below its 52-week high of $150.12 but well above its 52-week low of $60.96. The MTZ stock has outperformed some other players in the past six months, including AECOM ...
MTZ Stock Hits 52-Week High: Should You Wait for a Dip or Buy Now?
ZACKS· 2024-11-27 17:05
MasTec, Inc. (MTZ) has caught the attention of investors with its impressive performance. After hovering around $143 per share for the past six trading sessions, the stock reached a new 52-week high of $150.12 on Tuesday. It then pulled back slightly to close the trading session at $147.94, marking a 3.4% increase from the previous day's closing price of $143.07.Shares of MTZ have gained 34.2% over the past six months, outperforming the 28.2% rise in the Zacks Building Products - Heavy Construction industry ...
MasTec, Inc. (MTZ) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-27 15:16
Shares of MasTec (MTZ) have been strong performers lately, with the stock up 21.2% over the past month. The stock hit a new 52-week high of $150.12 in the previous session. MasTec has gained 95.4% since the start of the year compared to the 29.7% move for the Zacks Construction sector and the 108.3% return for the Zacks Building Products - Heavy Construction industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus est ...
MasTec Senior Management to Present at the UBS Investor Conference
Prnewswire· 2024-11-27 11:55
CORAL GABLES, Fla., Nov. 27, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the UBS 2024 Global Industrials and Transportation Conference on Wednesday, December 4th at approximately 3:30 p.m. Eastern Time. Additionally, one-on-one meetings with institutional investors and MasTec's senior management are also being arranged as a part of the conference.The audio and any presentation materials may be ...
MasTec (MTZ) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-11-26 14:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
What Makes MasTec (MTZ) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-11-13 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
MasTec: Margin Growth And Promising Long Term Suggest A Good Buy (Rating Upgrade)
Seeking Alpha· 2024-11-09 06:51
MasTec's (NYSE: MTZ ) topline has been under pressure throughout 2024, initially due to lower volumes across most of the business, and then due to the impact of below-expected performance and tougher comparison in the company's Oil andAs a finance enthusiast with years of experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations and see them doing well in the long run. I ...
MasTec, Inc. (MTZ) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-06 15:15
Have you been paying attention to shares of MasTec (MTZ) ? Shares have been on the move with the stock up 6.3% over the past month. The stock hit a new 52-week high of $139.39 in the previous session. MasTec has gained 80.3% since the start of the year compared to the 23.6% move for the Zacks Construction sector and the 95.1% return for the Zacks Building Products - Heavy Construction industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed ...