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MasTec (MTZ) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-11-26 22:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
What Makes MasTec (MTZ) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-11-14 02:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
MasTec: Margin Growth And Promising Long Term Suggest A Good Buy (Rating Upgrade)
Seeking Alpha· 2024-11-09 14:51
MasTec's (NYSE: MTZ ) topline has been under pressure throughout 2024, initially due to lower volumes across most of the business, and then due to the impact of below-expected performance and tougher comparison in the company's Oil andAs a finance enthusiast with years of experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations and see them doing well in the long run. I ...
MasTec, Inc. (MTZ) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-06 23:15
Have you been paying attention to shares of MasTec (MTZ) ? Shares have been on the move with the stock up 6.3% over the past month. The stock hit a new 52-week high of $139.39 in the previous session. MasTec has gained 80.3% since the start of the year compared to the 23.6% move for the Zacks Construction sector and the 95.1% return for the Zacks Building Products - Heavy Construction industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover MasTec (MTZ)
ZACKS· 2024-11-06 22:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
MasTec Senior Management to Present at the Baird 2024 Global Industrial Conference
Prnewswire· 2024-11-06 19:55
CORAL GABLES, Fla., Nov. 6, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be in Chicago participating in a fireside chat with our covering analyst at the Baird 2024 Global Industrial Conference on Wednesday, November 13th at approximately 1:45 p.m. Central Time. Additionally, one-on-one meetings with institutional investors and MasTec's senior management are also being arranged as a part of the conference.The audio and any presentation materials may be accesse ...
Infrastructure Construction Company MasTec Is Poised For Double Digit Margin Expansion, Analyst Says
Benzinga· 2024-11-06 00:32
Shares of MasTec Inc MTZ continued their upward trajectory in early trading on Tuesday, after climbing last week on the company's raised 2024 adjusted earnings guidance.Despite the recent rally, the stock has more runway. The Coral Gables, Florida-based company's Power Delivery, Clean Energy & Infrastructure (CE&I), and Communications segments are "turning the corner," according to Truist Securities.Analyst Jamie Cook upgraded the rating for MasTec from Hold to Buy, while raising the price target from $133 ...
MasTec(MTZ) - 2024 Q3 - Earnings Call Presentation
2024-11-02 02:12
业绩总结 - MasTec在2024年第三季度的收入为33亿美元,创下非石油和天然气收入的新纪录,较预期低约6%[4] - 调整后EBITDA同比增长13%,利润率提高110个基点,达到创纪录的调整后EBITDA结果,超出预期1100万美元[4] - Q3 2024的调整后净收入为1.06亿美元,调整后稀释每股收益为1.29美元[12] - 2023年净亏损为4730万美元,亏损率为0.4%;预计2024年净收入为1.87亿美元,盈利率为1.5%[18] - 2023年调整后净收入为1.567亿美元,预计2024年为3.27亿美元[19] 用户数据 - Q3 2024的清洁能源和基础设施待处理订单增长475百万美元,年同比增长11亿美元,达到约41亿美元,创下新纪录[7] - 总待处理订单为139亿美元,较上季度增加5.2亿美元,同比增加14.5亿美元,主要受可再生能源项目强劲预订推动[6] - Q3 2024的总待处理订单同比增长11%,显示出市场的广泛多样化[6] 未来展望 - 2024年全年的现金流预计约为7亿美元,年末杠杆率预计在低2倍范围内[14] - Q4 2024的收入指导为33.25亿美元,全年收入指导为122.25亿美元[12] - 预计2024年第三季度的调整后的EBITDA为3.059亿美元,EBITDA利润率为9.4%[27] 新产品和新技术研发 - 2023年调整后EBITDA为8.603亿美元,调整后EBITDA利润率为7.2%;预计2024年调整后EBITDA为9.90亿美元,利润率为8.1%[18] 财务数据 - Q3 2024现金流来自运营为2.78亿美元,较Q3 2023的2.94亿美元有所下降[8] - 2023年第三季度EBITDA为2.427亿美元,EBITDA利润率为7.5%;预计2024年第三季度EBITDA为2.86亿美元,利润率为8.3%[21] - 2023年利息支出为2.0%,为234.4百万美元;预计2024年利息支出为1.6%,为196百万美元[18] - 2023年折旧费用为433.9百万美元,占比3.6%;预计2024年折旧费用为371百万美元,占比3.0%[18] 负面信息 - 2023年第三季度的收购和整合成本为2,110万美元[28] - 2024年第三季度的非现金股票补偿费用为730万美元,占0.2%[27]
MasTec(MTZ) - 2024 Q3 - Earnings Call Transcript
2024-11-02 02:12
财务数据和关键指标变化 - 第三季度收入为33亿美元,调整后的EBITDA为3.06亿美元,调整后的每股收益为1.63美元,季度末的订单积压为139亿美元,较上季度增加5.2亿美元 [6][20] - 调整后的EBITDA超出预期1100万美元,EBITDA利润率为9.4%,超出预期85个基点 [20] - 现金流来自运营约为2.8亿美元,净债务减少约1.2亿美元,净杠杆率为2.2倍 [20][30] 各条业务线数据和关键指标变化 - 通信部门第三季度收入为9.27亿美元,EBITDA利润率为11.5%,为两年来的最高水平 [21] - 电力交付部门第三季度收入为7.13亿美元,EBITDA为5400万美元,EBITDA利润率为7.6% [22] - 清洁能源与基础设施部门收入较上季度增长超过20%,EBITDA增长80%,EBITDA利润率为7.5% [15][23] - 石油和天然气管道部门第三季度收入为4.98亿美元,EBITDA为1.03亿美元,EBITDA利润率为20.7% [26] 各个市场数据和关键指标变化 - 非石油和天然气收入较上季度增长超过15%,非石油和天然气EBITDA增长36% [9] - 清洁能源与基础设施部门的订单积压创下新高,较上季度增加近5亿美元,订单对账比超过1.4倍 [16] 公司战略和发展方向和行业竞争 - 公司在多个市场中表现出强劲的需求,预计2025年将实现强劲的有机增长 [10][18] - 公司致力于提高各个部门的利润率,尤其是在通信和清洁能源领域 [10][17] - 公司在行业中被视为少数能够承担大型项目的合作伙伴,具备强大的规模和能力 [19] 管理层对经营环境和未来前景的评论 - 管理层对未来的前景持乐观态度,认为公司在各个业务线都有显著的增长机会 [10][38] - 管理层提到,尽管石油和天然气业务面临挑战,但整体业务的健康状况良好,未来几年有望实现更好的增长 [48][66] 其他重要信息 - 公司完成了对折旧政策的全面审查,以提高固定资产的利用率和投资回报率 [28][29] - 公司在过去一年中成功减少了债务,现金流转化率达到约85% [30][31] 问答环节所有提问和回答 问题: 关于各业务线的表现 - 管理层表示,所有业务线的表现均超出预期,反映出公司在市场机会上的投资和运营成功 [34][36] 问题: 关于2025年的展望 - 管理层认为2025年将实现双位数的收入增长,尤其是在通信和清洁能源领域 [38][66] 问题: 关于清洁能源项目的延迟 - 管理层指出,清洁能源项目的延迟主要是由于材料交付和天气因素,但预计在第四季度将会加速 [42][43] 问题: 关于M&A策略 - 管理层表示,当前M&A市场活跃,公司有能力在不影响财务状况的情况下进行收购 [45][65] 问题: 关于数据中心的机会 - 管理层提到,数据中心市场的机会巨大,目前已获得多个主要客户的批准,预计未来将成为公司业务的重要组成部分 [79]
MasTec's Q3 Earnings Beat Estimates, Backlog Rise, 24 View Up
ZACKS· 2024-11-02 00:10
MasTec, Inc. (MTZ) reported stellar earnings for third-quarter 2024, which handily surpassed the Zacks Consensus Estimate and increased strongly on a year-over-year basis.See the Zacks Earnings Calendar to stay ahead of market-making news.However, revenues missed the analysts’ expectations and slightly declined on a year-over-year basis. MTZ posted nearly 6% lower revenues from its previously provided guidance of $3.45 billion due to near-term project delays.MasTec’s shares spiked 7.2% in the after-hours tr ...