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 (EPS) guidance of 0.340-0.340 for the period, compared to the consensus 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.

MasTec Stock Performance

NYSE:MTZ traded down $6.19 during mid-day trading on Thursday, reaching $126.34. 1,982,809 shares of the company’s stock were exchanged, compared to its average volume of 1,023,414. MasTec has a one year low of $72.96 and a one year high of $166.95. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.20 and a current ratio of 1.24. The business’s fifty day simple moving average is $141.84 and its two-hundred day simple moving average is $131.31. The firm has a market capitalization of $10.01 billion, a PE ratio of 112.80 and a beta of 1.73.

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

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Craig Hallum raised their target price on shares of MasTec from $125.00 to $150.00 and gave the company a “buy” rating in a report on Monday, November 4th. Guggenheim started coverage on shares of MasTec in a research note on Wednesday, January 8th. They issued a “buy” rating and a $195.00 price objective on the stock. KeyCorp upped their target price on MasTec from $153.00 to $168.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 8th. TD Cowen lifted their price target on MasTec from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Finally, Stifel Nicolaus boosted their price target on MasTec from $155.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $158.57.

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.