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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/26/2022 | Buy → Neutral | DA Davidson | |
7/26/2022 | Buy → Hold | Stifel | |
3/18/2022 | $17.00 | Buy | Sidoti |
SC 13D/A - Infrastructure & Energy Alternatives, Inc. (0001652362) (Subject)
SC 13D/A - Infrastructure & Energy Alternatives, Inc. (0001652362) (Subject)
SC 13G/A - Infrastructure & Energy Alternatives, Inc. (0001652362) (Subject)
CORAL GABLES, Fla., Oct. 7, 2022 /PRNewswire/ -- MasTec (NYSE:MTZ) ("MasTec") and Infrastructure and Energy Alternatives, Inc. ("IEA") (NASDAQ:IEA) today announced that MasTec has completed the previously announced acquisition of IEA, one of the largest utility-scale renewable energy infrastructure solutions providers in North America, following approval by the IEA stockholders at a special meeting held on October 7, 2022. MasTec Completes the Acquisition of Infrastructure and Energy Alternatives, Inc.Jose Mas, MasTec's Chief Executive Officer, commented, "We are excited to announce the closing of the IEA transaction and look forward to expanding our green power construction and maintenance
CORAL GABLES, Fla. and INDIANAPOLIS, Sept. 6, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) ("MasTec") and Infrastructure and Energy Alternatives, Inc. ("IEA") (NASDAQ:IEA) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, for the previously announced acquisition of IEA by MasTec has expired. The expiration of the HSR waiting period was a condition to the closing of the pending transaction. Completion of the transaction is expected in October 2022, subject to the satisfaction of the remaining customary closing conditions, including approval of the transaction by IEA stockholders. About MasTec, Inc. MasTec is a leading infrastru
NEW YORK, NY / ACCESSWIRE / August 6, 2022 / Lifshitz Law PLLC:Evo Payments, Inc. (NASDAQ:EVOP)Lifshitz Law PLLC announces an investigation into possible breaches of fiduciary duty in connection with EVOP's sale to Global Payments Inc. for $34.00 per share.If you are an EVOP investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or email at [email protected] Energy, Inc. (NYSE:EGY)Lifshitz Law PLLC announces an investigation into possible breaches of fiduciary duty in connection to EGY's merger with TransGlobe Energy Corporation. Under the terms of the agreem
DA Davidson downgraded Infrastructure and Energy Alternatives from Buy to Neutral
Stifel downgraded Infrastructure and Energy Alternatives from Buy to Hold
Sidoti initiated coverage of Infrastructure and Energy Alternatives with a rating of Buy and set a new price target of $17.00
4 - Infrastructure & Energy Alternatives, Inc. (0001652362) (Issuer)
4 - Infrastructure & Energy Alternatives, Inc. (0001652362) (Issuer)
4 - Infrastructure & Energy Alternatives, Inc. (0001652362) (Issuer)
INDIANAPOLIS, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) ("IEA" or the "Company"), a leading infrastructure company with renewable energy and specialty civil expertise, today announced results for the second quarter 2022. SECOND QUARTER 2022 HIGHLIGHTS (As compared to the Second Quarter 2021) On July 25, 2022, Announced Agreement to be Acquired by MasTec, Inc. (NYSE:MTZ)Total Revenues of $680.6 million, +21.5% y/yRenewables Backlog of $2.4 billion, +29.2% y/yTotal Backlog of $3.5 billion, +27.1% y/yNet Income of $17.0 million, versus $4.7 millionAdjusted EBITDA of $40.5 million, +13.6% Revenue increased by 21.5% on a year-o
Significantly Expands MasTec's Clean Energy & Infrastructure Segment Incremental Service Capabilities and Customer Base Adding Union Based Clean Energy Power Generation Services Expanding MasTec's Clean Energy Maintenance Service Offerings Bolsters Non-Union Craft Labor and Equipment Resource Capacity Strong Cultural Alignment and Experienced Leadership Team Transaction Expected to Close Late Q4 2022 and be Accretive to MasTec's 2023 Adjusted EPS Before Synergy Benefits, with Potential Revenue and Operational Synergies in 2024 and BeyondMasTec Updates Financial Guidance for the Second Half of 2022MasTec to Host Conference Call at 8:30 AM ET Monday, July 25, 2022, to Discuss the IEA Acquisit
INDIANAPOLIS, May 09, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) ("IEA" or the "Company"), a leading infrastructure company with renewable energy and specialty civil expertise, today announced results for the first quarter 2022. FIRST QUARTER 2022 HIGHLIGHTS(As compared to the First Quarter 2021) Record Total Revenues of $360.1 million, +30.3% y/yRecord Renewables Backlog of $2.1 billion, +7.0% y/yRecord Total Backlog of $2.9 billion, +10.1% y/yNet Loss of ($27.1) million, versus a Net Loss of ($20.4) millionAdjusted EBITDA of ($17.1) million, versus $3.4 millionIncreased 2022 Revenue Guidance to between $2.3 billion and $2.5 billion Revenue incre
15-12G - Infrastructure & Energy Alternatives, Inc. (0001652362) (Filer)
EFFECT - Infrastructure & Energy Alternatives, Inc. (0001652362) (Filer)
EFFECT - Infrastructure & Energy Alternatives, Inc. (0001652362) (Filer)
INDIANAPOLIS, June 25, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. ("IEA" or the "Company") (NASDAQ:IEA), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced the appointment of Erin J. Roth as Executive Vice President, General Counsel & Corporate Secretary, effective immediately. Ms. Roth has over twenty years of legal experience, most recently as the Executive Vice President, General Counsel & Secretary of Strada Education Network, a national social impact organization devoted to research, philanthropy, and solutions that align education and careers. Prior to Strada, she was the Senior Vice President,
INDIANAPOLIS, May 10, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) ("IEA" or the "Company"), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced the appointment of Theodore H. Bunting to the Company's Board of Directors, effective immediately after the Company's annual meeting of shareholders on May 13, 2021. Mr. Bunting will be designated a Class I director and meets the Nasdaq independence standards. With Mr. Bunting's appointment, IEA's Board of Directors will be at nine members. Theodore Bunting is a seasoned power industry executive who brings strong utility operations experience to I
According to Benzinga Pro, during Q2, Infrastructure and Energy (NASDAQ:IEA) earned $16.97 million, a 162.68% increase from the preceding quarter. Infrastructure and Energy also posted a total of $680.60 million in sales, a 89.0% increase since Q1. In Q1, Infrastructure and Energy brought in $360.10 million in sales but lost $27.07 million in earnings. Why Is ROCE Significant? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or
Infrastructure and Energy (NASDAQ:IEA) reported quarterly earnings of $0.31 per share. This is a 158.33 percent increase over earnings of $0.12 per share from the same period last year. The company reported $680.60 million in sales this quarter. This is a 21.50 percent increase over sales of $560.15 million the same period last year.
Upgrades According to Edward Jones, the prior rating for NiSource Inc (NYSE:NI) was changed from Hold to Buy. For the first quarter, NiSource had an EPS of $0.75, compared to year-ago quarter EPS of $0.77. The stock has a 52-week-high of $32.59 and a 52-week-low of $26.37. At the end of the last trading period, NiSource closed at $29.20. Benchmark upgraded the previous rating for Schlumberger Ltd (NYSE:SLB) from Hold to Buy. For the second quarter, Schlumberger had an EPS of $0.50, compared to year-ago quarter EPS of $0.30. The current stock performance of Schlumberger shows a 52-week-high of $49.83 and a 52-week-low of $29.98. Moreover, at the end of the last trading period, the clos