MasTec (NYSE:MTZ) Sets New 1-Year Low – Should You Sell?

MasTec, Inc. (NYSE:MTZ)’s share price reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $181.93 and last traded at $181.0250, with a volume of 448,702 shares trading hands. The stock had previously closed at $187.34.

Analyst Upgrades and Downgrades

A number of research firms have commented on MTZ. Citigroup decreased their price target on MasTec from $483.00 to $408.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. KeyCorp reduced their price target on shares of MasTec from $371.00 to $320.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Morgan Stanley set a $369.00 price target on MasTec in a research report on Friday, July 31st. Barclays cut their price target on shares of MasTec from $340.00 to $320.00 and set an “overweight” rating for the company in a report on Monday. Finally, Mizuho set a $352.00 price target on shares of MasTec in a research note on Wednesday, October 7th. Nineteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, MasTec currently has a consensus rating of “Moderate Buy” and an average price target of $376.85.

MasTec Stock Performance

The stock has a 50-day moving average price of $231.86 and a 200-day moving average price of $317.80. The firm has a market capitalization of $14.36 billion, a PE ratio of 28.52 and a beta of 1.84. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.40 and a quick ratio of 1.37.

MasTec (NYSE:MTZ) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $2.22 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.01). The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.30 billion. MasTec had a return on equity of 18.08% and a net margin of 3.07%. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.49 EPS. MasTec has set its Q3 2026 guidance at 2.980-2.980 EPS and its FY 2026 guidance at 9.300-9.300 EPS. On average, research analysts expect that MasTec, Inc. will post 8.87 EPS for the current fiscal year.

Institutional Investors Weigh In On MasTec

Several institutional investors have recently bought and sold shares of the stock. Earned Wealth Advisors LLC raised its stake in shares of MasTec by 2.8% in the 1st quarter. Earned Wealth Advisors LLC now owns 1,013 shares of the construction company’s stock worth $326,000 after buying an additional 28 shares in the last quarter. Everhart Financial Group Inc. increased its position in MasTec by 5.4% in the 2nd quarter. Everhart Financial Group Inc. now owns 874 shares of the construction company’s stock worth $364,000 after purchasing an additional 45 shares during the last quarter. Armstrong Advisory Group Inc. boosted its holdings in shares of MasTec by 40.7% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 197 shares of the construction company’s stock worth $42,000 after buying an additional 57 shares during the period. Parallel Advisors LLC increased its holdings in shares of MasTec by 21.0% during the 1st quarter. Parallel Advisors LLC now owns 340 shares of the construction company’s stock worth $109,000 after purchasing an additional 59 shares during the period. Finally, Root Financial Partners LLC boosted its stake in MasTec by 25.4% during the first quarter. Root Financial Partners LLC now owns 311 shares of the construction company’s stock worth $100,000 after buying an additional 63 shares in the last quarter. Institutional investors and hedge funds own 78.10% of the company’s stock.

MasTec Company Profile

MasTec, Inc is an infrastructure construction and engineering company that provides services to the communications, energy, utility, and industrial sectors. The company designs, builds, installs, maintains, and upgrades infrastructure for wireless and wireline communications networks, including cellular, broadband, fiber-optic, and other connectivity systems.

MasTec also performs construction and maintenance work for electric transmission and distribution systems, renewable energy projects, and other power infrastructure.