Mastec Inc (NYSE: MTZ) on Tuesday, plunged -3.69% from the previous trading day, before settling in for the closing price of $145.09. Within the past 52 weeks, MTZ’s price has moved between $48.62 and $147.23.
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Annual sales at Industrials sector company grew by 12.68% over the past five years. The company achieved an average annual earnings per share of 82.40%. With a float of $61.48 million, this company’s outstanding shares have now reached $79.28 million.
Let’s look at the performance matrix of the company that is accounted for 34000 employees. In terms of profitability, gross margin is 9.28%, operating margin of 3.79%, and the pretax margin is 1.27%.
Mastec Inc (MTZ) Insider and Institutional Ownership
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Mastec Inc is 22.41%, while institutional ownership is 74.34%. The most recent insider transaction that took place on Nov 06 ’24, was worth 84,485. In this transaction CAO of this company sold 600 shares at a rate of $140.81, taking the stock ownership to the 11,196 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 600 for $140.81, making the entire transaction worth $84,485.
Mastec Inc (MTZ) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 82.40% per share during the next fiscal year.
Mastec Inc (NYSE: MTZ) Trading Performance Indicators
Mastec Inc (MTZ) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91. Likewise, its price to free cash flow for the trailing twelve months is 11.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 1.21 in the next quarter and is forecasted to reach 5.06 in one year’s time.
Technical Analysis of Mastec Inc (MTZ)
Mastec Inc (NYSE: MTZ) saw its 5-day average volume 1.07 million, a positive change from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 87.62%. Additionally, its Average True Range was 4.79.
During the past 100 days, Mastec Inc’s (MTZ) raw stochastic average was set at 86.90%, which indicates a significant increase from 73.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.76% in the past 14 days, which was lower than the 37.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $123.38, while its 200-day Moving Average is $103.39. Nevertheless, the first resistance level for the watch stands at $144.10 in the near term. At $148.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $151.76. If the price goes on to break the first support level at $136.44, it is likely to go to the next support level at $133.15. The third support level lies at $128.78 if the price breaches the second support level.
Mastec Inc (NYSE: MTZ) Key Stats
Market capitalization of the company is 11.07 billion based on 79,235K outstanding shares. Right now, sales total 11,996 M and income totals -49,950 K. The company made 3,252 M in profit during its latest quarter, and 95,240 K in sales during its previous quarter.
