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MasTec, Inc. (MTZ) Hit a 52 Week High, Can the Run Continue?
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Have you been paying attention to shares of MasTec (MTZ - Free Report) ? Shares have been on the move with the stock up 12.8% over the past month. The stock hit a new 52-week high of $250.99 in the previous session. MasTec has gained 14.4% since the start of the year compared to the 9.5% gain for the Zacks Construction sector and the 65.4% 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 our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 30, 2025, MasTec reported EPS of $2.48 versus consensus estimate of $2.31.
For the current fiscal year, MasTec is expected to post earnings of $8.22 per share on $14.07 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $10.44 per share on $15.3 in revenues. This represents a year-over-year change of 28.71% and 8.69%, respectively.
Valuation Metrics
Though MasTec has recently hit a 52-week high, what is next for MasTec? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
MasTec has a Value Score of C. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 30.2X current fiscal year EPS estimates, which is a premium to the peer industry average of 25.8X. On a trailing cash flow basis, the stock currently trades at 24.8X versus its peer group's average of 24.8X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, MasTec currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if MasTec meets the list of requirements. Thus, it seems as though MasTec shares could have a bit more room to run in the near term.
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MasTec, Inc. (MTZ) Hit a 52 Week High, Can the Run Continue?
Have you been paying attention to shares of MasTec (MTZ - Free Report) ? Shares have been on the move with the stock up 12.8% over the past month. The stock hit a new 52-week high of $250.99 in the previous session. MasTec has gained 14.4% since the start of the year compared to the 9.5% gain for the Zacks Construction sector and the 65.4% 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 our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 30, 2025, MasTec reported EPS of $2.48 versus consensus estimate of $2.31.
For the current fiscal year, MasTec is expected to post earnings of $8.22 per share on $14.07 in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $10.44 per share on $15.3 in revenues. This represents a year-over-year change of 28.71% and 8.69%, respectively.
Valuation Metrics
Though MasTec has recently hit a 52-week high, what is next for MasTec? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
MasTec has a Value Score of C. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 30.2X current fiscal year EPS estimates, which is a premium to the peer industry average of 25.8X. On a trailing cash flow basis, the stock currently trades at 24.8X versus its peer group's average of 24.8X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, MasTec currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if MasTec meets the list of requirements. Thus, it seems as though MasTec shares could have a bit more room to run in the near term.