(MTZ) MasTec - Ratings and Ratios

MasTec, Inc. is a leading infrastructure construction company that provides a comprehensive range of services, including engineering, building, installation, maintenance, and upgrades, to various industries such as communications, energy, utility, and other infrastructure sectors, primarily in the United States and Canada. With a diverse operational footprint across five segments - Communications, Clean Energy and Infrastructure, Power Delivery, Pipeline Infrastructure, and Other - the company is well-positioned to capitalize on the growing demand for infrastructure development and upgrades.

The companys expertise spans multiple areas, including building infrastructure for wireless and wireline/fiber communications, renewable energy power generation, pipeline infrastructure, power delivery services, industrial and heavy civil infrastructure, and water infrastructure. Additionally, MasTec provides maintenance and upgrade support services, including maintenance of customers distribution facilities, networks, and infrastructure, as well as service restoration for natural disasters and accidents. Its customer base includes a diverse range of industry players, such as wireless and wireline/fiber service providers, broadband operators, energy providers, pipeline operators, and government entities.

From a market perspective, MasTecs stock has demonstrated a strong upward trend, with its current price of $159.52 being close to its 52-week high of $160.79. The stocks short-term and long-term moving averages (SMA20, SMA50, and SMA200) indicate a bullish trend, with the short-term averages being above the long-term averages. The Average True Range (ATR) of 5.02, representing a 3.15% daily price movement, suggests moderate volatility.

Using the available technical and fundamental data, a forecast for MasTecs stock can be made. With a market capitalization of $12.26 billion and a forward P/E ratio of 24.75, the companys stock appears to be reasonably valued. The return on equity (RoE) of 7.56% indicates a decent level of profitability. Considering the bullish trend indicated by the moving averages and the companys strong operational performance, it is likely that MasTecs stock will continue to trend upwards, potentially reaching new highs in the near term. A potential price target could be around $170-$180, representing a 6-12% upside from the current price.