Demystifying MasTec: Insights From 8 Analyst Reviews
Portfolio Pulse from Benzinga Insights
MasTec (NYSE:MTZ) has been reviewed by 8 analysts in the last three months, with a mix of bullish and bearish sentiments. The average 12-month price target is $69.75, with a high of $92.00 and a low of $54.00, marking a 15.35% decrease from the previous average. Analysts from Citigroup, Baird, Keybanc, Stifel, Goldman Sachs, and Barclays have updated their ratings and price targets, reflecting their latest views on the company's performance. MasTec operates in North America, focusing on infrastructure construction in various industries. Despite solid revenue growth, the company's net margin and ROE are below industry averages, and it has a high debt-to-equity ratio.
January 26, 2024 | 4:00 pm
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NEUTRAL IMPACT
MasTec has received varied analyst ratings with an average 12-month price target of $69.75. Recent updates from analysts show a change in sentiment and price targets, indicating a dynamic perception of the company's value.
The mixed analyst ratings and the recent decrease in the average price target suggest uncertainty in MasTec's short-term stock performance. While the revenue growth is positive, concerns about profitability and debt management may temper investor enthusiasm. The high relevance score is due to the direct mention of MTZ and detailed analyst ratings. The importance is high as analyst ratings can influence investor sentiment, but not at the maximum because the ratings are mixed. The confidence level is not at the maximum due to the inherent unpredictability of market reactions to analyst ratings.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100