With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.82 million shares. During the session, the Engineering & Construction company that operates in wider Industrials sector, reached to the highest price of $142.54 whereas the lowest price it dropped to was $139.36. The 52-week range on MTZ shows that it touched its highest point at $147.23 and its lowest point at $52.88 during that stretch. It currently has a 1-year price target of $155.86. Beta for the stock currently stands at 1.72.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTZ was up-trending over the past week, with a rise of 1.08%, but this was up by 12.31% over a month. Three-month performance surged to 28.69% while six-month performance rose 28.67%. The stock gained 156.32% in the past year, while it has gained 85.97% so far this year. A look at the trailing 12-month EPS for MTZ yields 1.12 with Next year EPS estimates of 5.05. For the next quarter, that number is 1.21. This implies an EPS growth rate of 84.33% for this year and 39.17% for next year.
Float and Shares Shorts:
At present, 79.28 million MTZ shares are outstanding with a float of 61.48 million shares on hand for trading. On 2024-10-31, short shares totaled 2.27 million, which was 286.0 higher than short shares on 1727654400. In addition to Mr. Jose Ramon Mas as the firm’s CEO & Director, Mr. Paul Dimarco serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.77859 of MTZ’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MTZ reported revenue of $3252427000.0 and operating income of $179718000.0. The EBITDA in the recently reported quarter was $298567000.0 and diluted EPS was $1.21.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTZ since 11 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MTZ analysts setting a high price target of 173.0 and a low target of 108.0, the average target price over the next 12 months is 151.07143. Based on these targets, MTZ could surge 22.85% to reach the target high and fall by -23.31% to reach the target low. Reaching the average price target will result in a growth of 7.28% from current levels.
Analysts have provided yearly estimates in a range of $3.77128 being high and $3.03103 being low. For MTZ, this leads to a yearly average estimate of $3.63123. The surprise factor in the prior quarter was $0.87. Based on analyst estimates, the high estimate for the next quarter is $0.58 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.37.
