MasTec (MTZ) Scheduled to Post Quarterly Earnings on Monday
MasTec (NYSE:MTZ) is set to announce its Q214 earnings results on Monday, August 11th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $1.09 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Shares of MasTec (NYSE:MTZ) opened at 26.49 on Friday. MasTec has a 52-week low of $26.38 and a 52-week high of $44.80. The stock’s 50-day moving average is $29.56 and its 200-day moving average is $36.47. The company has a market cap of $2.054 billion and a price-to-earnings ratio of 16.75.
MTZ has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of MasTec in a research note on Monday, July 21st. They now have a $39.00 price target on the stock, down previously from $40.00. On a related note, analysts at Wunderlich reiterated a “buy” rating on shares of MasTec in a research note on Friday, June 27th. They now have a $50.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $43.71.
MasTec, Inc, is an infrastructure construction company operating mainly throughout North America across a range of industries.
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