MasTec (NYSE:MTZ) Releases Q1 2025 Earnings Guidance

MasTec (NYSE:MTZ) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.340-0.340 for the period, compared to the consensus earnings per share estimate of 0.400. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.9 billion. MasTec also updated its FY 2025 guidance to 5.350-5.840 EPS.

Analysts Set New Price Targets

Several research firms have recently issued reports on MTZ. Truist Financial boosted their target price on MasTec from $173.00 to $189.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. TD Cowen boosted their price objective on shares of MasTec from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, November 4th. KeyCorp raised their target price on shares of MasTec from $153.00 to $168.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 8th. Guggenheim began coverage on shares of MasTec in a research report on Wednesday, January 8th. They set a “buy” rating and a $195.00 price target on the stock. Finally, Stifel Nicolaus increased their price target on shares of MasTec from $155.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $158.57.

MasTec Stock Performance

Shares of MTZ opened at $126.34 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.76. The stock has a market cap of $10.01 billion, a P/E ratio of 112.80 and a beta of 1.73. The business’s 50 day moving average price is $141.84 and its 200-day moving average price is $131.31. MasTec has a 52 week low of $72.96 and a 52 week high of $166.95.

MasTec (NYSE:MTZ) last announced its quarterly earnings data on Thursday, February 27th. The construction company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. MasTec had a return on equity of 8.27% and a net margin of 0.73%. Equities research analysts anticipate that MasTec will post 3.44 earnings per share for the current fiscal year.

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.