JP Morgan initiated coverage on MasTec with a new price target
$MTZ
Water Sewer Pipeline Comm & Power Line Construction
Industrials
JP Morgan initiated coverage of MasTec with a rating of Overweight and set a new price target of $153.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | $195.00 | Buy | Guggenheim |
| 11/5/2024 | $133.00 → $173.00 | Hold → Buy | Truist |
| 11/4/2024 | $115.00 → $160.00 | Buy | TD Cowen |
| 10/7/2024 | $153.00 | Overweight | JP Morgan |
| 5/6/2024 | $105.00 → $110.00 | Buy | TD Cowen |
| 3/14/2024 | $96.00 | Hold | Truist |
| 3/4/2024 | $50.00 → $96.00 | Hold → Buy | Craig Hallum |
| 3/4/2024 | $85.00 → $105.00 | Outperform | TD Cowen |
NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Questions the Sustainability of Dycom's Recent Financial Performance Given Various Factors, Including Telecom Industry Consolidation Among Key Clients Affecting 14% of Dycom's Revenues Believes That Heightened Scrutiny of Dycom's Dealings With Frontier Communications, a Company the FTC Said Lied to Customers, Is Warranted Given Familial Relationships Among Executives and a State Regulator Alleging Apparent Fraudulent Activities by Both Companies Identifies Areas of Concern With Dycom's Financial Reporting, Including Elevated Days Sales Outstanding, Delayed Disclosures of Key Credit Exposures
CORAL GABLES, Fla., Feb. 14, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2024, after the market closes on Thursday, February 27, 2025. Senior Management will also hold a conference call to discuss these results on Friday, February 28, 2025, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 394-8218, with a confirmation code of 1616296. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at
CORAL GABLES, Fla., Jan. 2, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, January 7th at approximately 2:20 p.m. Eastern 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 accessed through links on the "Investors" page of MasTec's website at www.mastec.com. Interested parties should check the Company's website for any schedule updates, or time changes. The prese
Guggenheim initiated coverage of MasTec with a rating of Buy and set a new price target of $195.00
Truist upgraded MasTec from Hold to Buy and set a new price target of $173.00 from $133.00 previously
TD Cowen reiterated coverage of MasTec with a rating of Buy and set a new price target of $160.00 from $115.00 previously
D/A - MASTEC INC (0000015615) (Filer)
8-K - MASTEC INC (0000015615) (Filer)
10-Q - MASTEC INC (0000015615) (Filer)
SC 13D/A - MASTEC INC (0000015615) (Subject)
SC 13D/A - MASTEC INC (0000015615) (Subject)
SC 13G/A - MASTEC INC (0000015615) (Subject)
CORAL GABLES, Fla., Feb. 14, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2024, after the market closes on Thursday, February 27, 2025. Senior Management will also hold a conference call to discuss these results on Friday, February 28, 2025, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 394-8218, with a confirmation code of 1616296. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at
Third Quarter 2024 Revenue of $3.3 Billion with Significant Margin Expansion Over Last YearThird Quarter 2024 Diluted Earnings Per Share of $1.21 and Adjusted Diluted Earnings Per Share of $1.63, Above Expectations by $0.43 and $0.39, RespectivelyThird Quarter 2024 GAAP Net Income of $105.4 Million and Adjusted EBITDA of $305.9 Million, Above Expectations by $33.4 Million and $10.9 Million, RespectivelyRecord 18-month Backlog as of September 30, 2024 of $13.9 Billion Increased $1.4 Billion from the Third Quarter of 2023 Year-to-Date Cash Flow Generated by Operating Activities of $650 Million and DSO at 68 DaysCORAL GABLES, Fla., Oct. 31, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today ann
CORAL GABLES, Fla., Oct. 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended September 30, 2024, after the market closes on Thursday, October 31, 2024. Senior Management will also hold a conference call to discuss these results on Friday, November 1, 2024, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221or (888) 204-4368, with a confirmation code of 9237122. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at www.mastec.
EFFINGHAM, Ill., June 10, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) (the "Company" or "Midland") announced today that Sherina Maye Edwards has been appointed to the Board of Directors of the Company and Midland States Bank. Ms. Edwards is the Chief Strategy Officer of MasTec, Inc. (NYSE:MTZ), a leading infrastructure construction company operating mainly throughout North America across a range of industries. Most recently, she was the President and CEO of INTREN, a subsidiary of MasTec. With the addition of Ms. Edwards, the Company's Board of Directors now has 11 members, with 10 of the directors classified as independent. "We are very pleased to add Sherina to o
CORAL GABLES, Fla., March 30, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that Ms. Ava L. Parker has joined MasTec's board of directors as a Class III Director. Ms. Parker currently serves as President of Palm Beach State College, Palm Beach County, one of Florida's largest higher education institutions. Ms. Parker is the first female president in the history of the institution, which opened in 1933 as Florida's first public community college. The College now serves approximately 40,000 students annually and has earned national distinction as an Aspen Prize Top 150 U.S. Community College. Under President Parker's stewardship the college has reached its highest enrollment in
CORAL GABLES, Fla., Dec. 31, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) is saddened to announce the passing of longtime Board Member, José S. Sorzano. José Mas, MasTec's CEO, commented, "It's with great sadness that I announce the passing of our friend and fellow Board Member, José Sorzano. José has been our longest serving independent Board Member. We are thankful for his outstanding leadership, friendship, guidance, wisdom and humor. He will be greatly missed by the MasTec family, the construction industry and his community. José continuously upheld MasTec's values of trust, accountability, caring, commitment and excellence." Jorge Mas, Chairman of MasTec's Board, added, "José's unt
4 - MASTEC INC (0000015615) (Issuer)
4 - MASTEC INC (0000015615) (Issuer)
4 - MASTEC INC (0000015615) (Issuer)