On Tuesday, Mastec Inc (NYSE: MTZ) was 3.40% up from the session before settling in for the closing price of $143.07. A 52-week range for MTZ has been $54.06 – $147.23.
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During the last 5-year period, the sales growth of Industrials Sector giant was 12.68%. When this article was written, the company’s average yearly earnings per share was at 84.33%. With a float of $61.48 million, this company’s outstanding shares have now reached $79.28 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mastec Inc stocks. The insider ownership of Mastec Inc is 22.41%, while institutional ownership is 74.39%. The most recent insider transaction that took place on Nov 26 ’24, was worth 1,500,000. Before that another transaction happened on Nov 11 ’24, when Company’s Director sold 3,000 for $145.41, making the entire transaction worth $436,245. This insider now owns 45,173 shares in total.
Mastec Inc (MTZ) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.66 earnings per share (EPS) during the time that was better than consensus figure (set at 0.44) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 84.33% per share during the next fiscal year.
Mastec Inc (NYSE: MTZ) Trading Performance Indicators
You can see what Mastec Inc (MTZ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.96. Likewise, its price to free cash flow for the trailing twelve months is 11.67.
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 5.05 in one year’s time.
Technical Analysis of Mastec Inc (MTZ)
Looking closely at Mastec Inc (NYSE: MTZ), its last 5-days average volume was 0.91 million, which is a jump from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 81.47%. Additionally, its Average True Range was 4.67.
During the past 100 days, Mastec Inc’s (MTZ) raw stochastic average was set at 96.38%, which indicates a significant increase from 85.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.72% in the past 14 days, which was lower than the 36.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $130.23, while its 200-day Moving Average is $106.97. However, in the short run, Mastec Inc’s stock first resistance to watch stands at $151.21. Second resistance stands at $154.47. The third major resistance level sits at $158.83. If the price goes on to break the first support level at $143.59, it is likely to go to the next support level at $139.23. Should the price break the second support level, the third support level stands at $135.97.
Mastec Inc (NYSE: MTZ) Key Stats
There are 79,235K outstanding shares of the company, which has a market capitalization of 11.72 billion. As of now, sales total 11,996 M while income totals -49,950 K. Its latest quarter income was 3,252 M while its last quarter net income were 95,240 K.
