
- MasTec reported a first-quarter backlog of $15.88 billion, exceeding expectations with a 24% increase year-over-year.
- The previous backlog estimate stood at $14.56 billion.
- Guidance for the fiscal year 2025 has been raised.
- Adjusted Diluted EPS guidance was increased by approximately 9% from the prior midpoint of guidance.
- The company enjoys strong analyst confidence with 13 buy ratings, 4 hold ratings, and no sell ratings.
Mastec Inc on Smartkarma
Analyst coverage on Mastec Inc by Baptista Research on Smartkarma highlights the positive outlook for the company. In the report “MasTec’s Clean Energy Boom: New Client Wins & Rising Margins Could Fuel Solid Growth In 2025!“, MasTec Inc. has shown impressive financial performance, surpassing expectations in revenue, adjusted EBITDA, and earnings per share for the fourth quarter and full year 2024. With a revenue of $3.4 billion in Q4 and an adjusted EBITDA of $271 million, marking a 20% YoY increase, the company is well-positioned for growth.
In another report by Baptista Research titled “MasTec Inc.: Power Delivery & Clean Energy Expansion As A Key Growth Catalyst! – Major Drivers“, Mastec’s third-quarter 2024 financial results, although slightly below expectations in revenue, demonstrated strong operational execution. With an adjusted EBITDA of $306 million surpassing guidance by $11 million and adjusted earnings per share exceeding expectations at $1.63, Mastec Inc. continues to show promise in its growth trajectory, particularly in the power delivery and clean energy sectors.
A look at Mastec Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Mastec Inc demonstrates a solid long-term outlook with a positive momentum score of 4. This indicates strong potential for growth and market performance in the future. Additionally, the company’s value and growth scores both sit at 3, suggesting a balanced position in terms of financial health and potential for expansion. However, Mastec Inc‘s resilience score of 2 reflects some vulnerability to market fluctuations and external challenges, which could impact its stability over time. The low dividend score of 1 indicates that Mastec Inc may not be a top choice for investors seeking regular income.
Mastec Inc is a specialty contractor involved in various industries, focusing on the construction, maintenance, and enhancement of utility and communications infrastructure. With a diverse portfolio that includes projects in energy, telecommunications, and renewable resources, Mastec Inc‘s strong momentum score hints at promising growth opportunities in the long run. While the company faces some resilience challenges, its value and growth scores underline its potential for sustained success in the evolving market landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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