
MasTec (MTZ) Stock Forecast & Price Target
MasTec (MTZ) Analyst Ratings
Bulls say
MasTec is uniquely positioned to benefit from the ongoing infrastructure spend in North America, with a record backlog of $20.3billion, a book-to-bill ratio of 1.4x in the first quarter, and a positive outlook for future bookings. With a diverse range of services and a strong presence in key growth sectors such as clean energy and infrastructure, MasTec has the potential for double-digit organic earnings growth over the next few years. The company is also well-positioned for margin improvement efforts and strategic acquisitions, further supporting its strong growth trajectory.
Bears say
MasTec is expected to continue to benefit from strong market trends across its segments, leading to potential growth in both top line and margins. This was evident in their strong 1Q report, which also saw a raise in their PT to $460 as they increase their outlook for the future. With a diversified portfolio and potential long-term targets, MasTec remains an over-weight stock with positive prospects for future growth.
This aggregate rating is based on analysts' research of MasTec and is not a guaranteed prediction by Public.com or investment advice.
MasTec (MTZ) Analyst Forecast & Price Prediction
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