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CORAL GABLES, Fla. , April 11, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) will release its first quarter financial results on Thursday, May 1, 2025 after the market close.
CORAL GABLES, Fla. , April 7, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that after more than 23 years of service J.
MasTec, Inc. is well-positioned for near-term revenue growth due to a strong backlog and secular and regulatory growth drivers across its segments. The company benefits from strong demand in telecom infrastructure, clean energy, and power delivery, despite near-term headwinds in the Pipeline Infrastructure segment. Margin expansion is expected from operating leverage, better project pricing, and strategic project and customer selection, supported by a healthy balance sheet for M&As.
Over the past year, MasTec, a North-American infrastructure player, has comfortably outperformed other infra stocks and mid-caps, generating returns of 25%. After a strong run, we see three reasons to still buy the stock, and one reason to wait on the sidelines. After facilitating over 110bps of EBITDA margin improvements last year, MTZ is not resting on its laurels and is targeting further improvements this year and next.
MasTec, Inc. MTZ is currently trading at a forward 12-month Price/Earnings ratio (P/E F12M) of 22.06, a roughly 25.2% premium to the Zacks Building Products - Heavy Construction industry average of 17.62, and higher than its five-year median. This Coral Gables, FL-based leading infrastructure construction company's solid backlog, strong financial management and focus on high-growth sectors like clean energy and communications provide a strong foundation for growth.
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MasTec, Inc. (NYSE:MTZ ) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Marc Lewis - Vice President, Investor Relations José Mas - Chief Executive Officer Paul DiMarco - Chief Financial Officer Conference Call Participants Jamie Cook - Truist Securities Sangita Jain - KeyBanc Capital Markets Inc. Andrew Kaplowitz - Citigroup Inc. Justin Hauke - Robert W. Baird & Co. Adam Thalhimer - Thompson Davis & Co. Atidrip Modak - Goldman Sachs Brian Brophy - Stifel Financial Corp. Brent Thielman - D.A.
MTZ's fourth-quarter results reflect strong contributions from across the segments, with strong bookings of Clean Energy and Infrastructure projects.
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