Mastec Inc (NYSE: MTZ) on Monday, plunged -5.72% from the previous trading day, before settling in for the closing price of $141.92. Within the past 52 weeks, MTZ’s price has moved between $60.96 and $150.12.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Industrials Sector giant saw their annual sales surged by 12.68% over the last five years. The company achieved an average annual earnings per share of 84.33%. With a float of $61.49 million, this company’s outstanding shares have now reached $79.22 million.
The firm has a total of 34000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 9.28%, operating margin of 2.85%, and the pretax margin is 1.27%.
Mastec Inc (MTZ) Insider Activity
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Mastec Inc is 22.39%, while institutional ownership is 74.43%. The most recent insider transaction that took place on Dec 04 ’24, was worth 28,600. In this transaction Director of this company sold 200 shares at a rate of $143.00, taking the stock ownership to the 10,633 shares. Before that another transaction happened on Nov 26 ’24, when Company’s COO sold 10,000 for $150.00, making the entire transaction worth $1,500,000. This insider now owns 187,202 shares in total.
Mastec Inc (MTZ) Earnings and Forecasts
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
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 0.87. Likewise, its price to free cash flow for the trailing twelve months is 10.60.
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)
Analysing the last 5-days average volume posted by the [Mastec Inc, MTZ], we can find that recorded value of 0.86 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 17.82%. Additionally, its Average True Range was 4.57.
During the past 100 days, Mastec Inc’s (MTZ) raw stochastic average was set at 72.87%, which indicates a significant increase from 0.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.33% in the past 14 days, which was lower than the 36.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $133.19, while its 200-day Moving Average is $109.79. Now, the first resistance to watch is $139.45. This is followed by the second major resistance level at $145.10. The third major resistance level sits at $147.95. If the price goes on to break the first support level at $130.95, it is likely to go to the next support level at $128.10. Should the price break the second support level, the third support level stands at $122.45.
Mastec Inc (NYSE: MTZ) Key Stats
Market capitalization of the company is 10.65 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.
