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How to buy MasTec stock
Own MasTec stock in just a few minutes.
Fact checked
MasTec, Inc is an engineering & construction business based in the US. MasTec shares (MTZ) are listed on the NYSE and all prices are listed in US Dollars. MasTec employs 18,000 staff and has a trailing 12-month revenue of around USD$6.3 billion.
How to buy shares in MasTec
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for MasTec. Find the stock by name or ticker symbol: MTZ. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until MasTec reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of MasTec, depending on your broker.
- Check in on your investment. Congratulations, you own a part of MasTec. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
MasTec share price
Use our graph to track the performance of MTZ stocks over time.MasTec shares at a glance
Information last updated 2021-03-03.
| 52-week range | USD$22.51 - USD$92.52 |
|---|---|
| 50-day moving average | USD$83.4818 |
| 200-day moving average | USD$60.973 |
| Wall St. target price | USD$95.82 |
| PE ratio | 20.7534 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$4.38 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy MasTec stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is MasTec under- or over-valued?
Valuing MasTec stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MasTec's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MasTec's P/E ratio
MasTec's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, MasTec shares trade at around 21x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
MasTec's PEG ratio
MasTec's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.99. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MasTec's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
MasTec's EBITDA
MasTec's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$730.9 million.
The EBITDA is a measure of a MasTec's overall financial performance and is widely used to measure a its profitability.
MasTec financials
| Revenue TTM | USD$6.3 billion |
|---|---|
| Operating margin TTM | 6.85% |
| Gross profit TTM | USD$1.1 billion |
| Return on assets TTM | 5.3% |
| Return on equity TTM | 17% |
| Profit margin | 5.11% |
| Book value | $27.68 |
| Market capitalisation | USD$6.7 billion |
TTM: trailing 12 months
Shorting MasTec shares
There are currently 7.1 million MasTec shares held short by investors – that's known as MasTec's "short interest". This figure is 11.6% down from 8.1 million last month.
There are a few different ways that this level of interest in shorting MasTec shares can be evaluated.
MasTec's "short interest ratio" (SIR)
MasTec's "short interest ratio" (SIR) is the quantity of MasTec shares currently shorted divided by the average quantity of MasTec shares traded daily (recently around 766591.51450054). MasTec's SIR currently stands at 9.31. In other words for every 100,000 MasTec shares traded daily on the market, roughly 9310 shares are currently held short.
However MasTec's short interest can also be evaluated against the total number of MasTec shares, or, against the total number of tradable MasTec shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MasTec's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 MasTec shares in existence, roughly 100 shares are currently held short) or 0.149% of the tradable shares (for every 100,000 tradable MasTec shares, roughly 149 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against MasTec.
Find out more about how you can short MasTec stock.
MasTec share dividends
We're not expecting MasTec to pay a dividend over the next 12 months.
Have MasTec's shares ever split?
MasTec's shares were split on a 3:2 basis on 20 June 2000. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your MasTec shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for MasTec shares which in turn could have impacted MasTec's share price.
MasTec share price volatility
Over the last 12 months, MasTec's shares have ranged in value from as little as $22.51 up to $92.52. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MasTec's is 1.3351. This would suggest that MasTec's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
MasTec overview
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Electrical Transmission, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, and satellite dishes, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and heavy civil infrastructure; emergency services for accidents or storm damage; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
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