What is DA Davidson’s Estimate for MasTec FY2025 Earnings?

MasTec, Inc. (NYSE:MTZ) – Stock analysts at DA Davidson decreased their FY2025 EPS estimates for shares of MasTec in a report released on Tuesday, March 4th. DA Davidson analyst B. Thielman now anticipates that the construction company will earn $5.33 per share for the year, down from their prior forecast of $5.34. The consensus estimate for MasTec’s current full-year earnings is $3.44 per share. DA Davidson also issued estimates for MasTec’s FY2026 earnings at $5.81 EPS.

Several other equities research analysts have also recently commented on the company. Robert W. Baird dropped their target price on MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a report on Monday. Barclays increased their target price on MasTec from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Tuesday. JPMorgan Chase & Co. lifted their target price on shares of MasTec from $154.00 to $172.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Citigroup boosted their price target on MasTec from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday. Finally, KeyCorp boosted their price target on MasTec from $153.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $160.14.

MasTec Price Performance

Shares of NYSE MTZ opened at $118.79 on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76. MasTec has a twelve month low of $82.29 and a twelve month high of $166.95. The business has a 50 day simple moving average of $140.89 and a 200-day simple moving average of $131.95. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 106.06 and a beta of 1.73.

MasTec (NYSE:MTZ) last issued its earnings results on Thursday, February 27th. The construction company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.08. MasTec had a return on equity of 8.27% and a net margin of 0.73%. The company had revenue of $3.40 billion during the quarter, compared to the consensus estimate of $3.32 billion.

Institutional Trading of MasTec

A number of large investors have recently bought and sold shares of the business. Ameliora Wealth Management Ltd. bought a new position in MasTec during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC raised its position in MasTec by 181.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 180 shares of the construction company’s stock valued at $25,000 after buying an additional 116 shares during the last quarter. Colonial Trust Co SC lifted its position in shares of MasTec by 335.7% during the fourth quarter. Colonial Trust Co SC now owns 183 shares of the construction company’s stock valued at $25,000 after purchasing an additional 141 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of MasTec during the 3rd quarter worth approximately $25,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of MasTec by 93.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 265 shares of the construction company’s stock worth $36,000 after buying an additional 128 shares during the last quarter. 78.10% of the stock is currently owned by institutional investors and hedge funds.

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.