Analysts See $1.17 EPS for MasTec, Inc. (MTZ)

September 30, 2018 - By Catherine Diaz

MasTec, Inc. (NYSE:MTZ) LogoInvestors sentiment increased to 0.87 in Q2 2018. Its up 0.03, from 0.84 in 2018Q1. It is positive, as 37 investors sold MasTec, Inc. shares while 98 reduced holdings. 33 funds opened positions while 84 raised stakes. 62.35 million shares or 0.94% more from 61.77 million shares in 2018Q1 were reported.
Next Century Growth Limited holds 1.24% or 191,721 shares in its portfolio. Canada Pension Plan Investment Board owns 3,300 shares for 0% of their portfolio. Price T Rowe Associates Md stated it has 0% of its portfolio in MasTec, Inc. (NYSE:MTZ). Deutsche Fincl Bank Ag reported 114,604 shares. Pub Employees Retirement Of Ohio invested 0.01% of its portfolio in MasTec, Inc. (NYSE:MTZ). Northwestern Mutual Wealth Management stated it has 962 shares. Oberweis Asset Mngmt invested in 16,040 shares or 0.2% of the stock. Delta Asset Mgmt Ltd Co Tn accumulated 112 shares. Wells Fargo Company Mn holds 0.03% or 2.32M shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 3,898 shares. Glenmede Tru Na has 0.24% invested in MasTec, Inc. (NYSE:MTZ) for 1.19 million shares. Kirr Marbach & Limited Liability Company In holds 333,972 shares. Victory Capital reported 0% in MasTec, Inc. (NYSE:MTZ). Sterling Cap Mgmt Ltd owns 0.37% invested in MasTec, Inc. (NYSE:MTZ) for 774,418 shares. 1.00 million were accumulated by Hood River Capital Mngmt Ltd Company.

Analysts expect MasTec, Inc. (NYSE:MTZ) to report $1.17 EPS on November, 1.They anticipate $0.39 EPS change or 50.00 % from last quarter’s $0.78 EPS. MTZ’s profit would be $92.16 million giving it 9.54 P/E if the $1.17 EPS is correct. After having $1.01 EPS previously, MasTec, Inc.’s analysts see 15.84 % EPS growth. The stock increased 0.68% or $0.3 during the last trading session, reaching $44.65. About 670,496 shares traded. MasTec, Inc. (NYSE:MTZ) has risen 3.48% since September 30, 2017 and is uptrending. It has underperformed by 12.14% the S&P500.

MasTec, Inc. (NYSE:MTZ) Ratings Coverage

Among 2 analysts covering MasTec (NYSE:MTZ), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MasTec had 3 analyst reports since May 1, 2018 according to SRatingsIntel. Credit Suisse maintained MasTec, Inc. (NYSE:MTZ) rating on Wednesday, May 2. Credit Suisse has “Outperform” rating and $64 target. Robert W. Baird maintained it with “Neutral” rating and $51 target in Tuesday, May 1 report. The firm earned “Outperform” rating on Tuesday, August 7 by Robert W. Baird.

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure primarily in the United States and Canada. The company has market cap of $3.52 billion. It operates through five divisions: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. It has a 11 P/E ratio. The firm manufactures underground and overhead distribution systems, including trenches, conduits, cable, and power lines, which provide wireless and wireline/fiber communications; crude oil, natural gas, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; and compressor and pump stations, and treatment plants.

MasTec, Inc. (NYSE:MTZ) Institutional Positions Chart

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