MasTec, Inc. (MTZ) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - MasTec (MTZ) has shown significant stock performance, with a 6.3% increase over the past month and an 80.3% gain since the beginning of the year, outperforming both the Zacks Construction sector and the Zacks Building Products - Heavy Construction industry [1] Performance Metrics - The stock reached a new 52-week high of $139.39 and has consistently exceeded earnings expectations, reporting EPS of $1.63 against a consensus estimate of $1.23 in its latest earnings report [1][2] Valuation Metrics - MasTec's current valuation shows a Price-to-Earnings (P/E) ratio of 43.7X for the current fiscal year, which is above the peer industry average of 22.2X, while its trailing cash flow basis is at 14.7X compared to the peer group's average of 14.6X [5] Style Scores - The company has a Value Score of C, with Growth and Momentum Scores both rated A, resulting in a combined VGM Score of A, indicating strong growth potential despite a moderate value rating [4][5] Zacks Rank - MasTec holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with investment strategies that favor stocks with high Zacks Ranks and favorable Style Scores [6]