MasTec Acquires Infrastructure And Energy Alternatives For $1.1B
MasTec, Inc. (NYSE:MTZ) has agreed to acquire Infrastructure & Energy Alternatives Inc (NASDAQ:IEA) all of the outstanding shares in a cash-and-stock transaction…
Short Volatility Alert: MasTec, Inc.
On Wednesday, shares of MasTec, Inc. (NYSE: MTZ) experienced volatile short activity. After the activity, the stock price went down -0.38% to $73.51.
The overall sentiment for MTZ has been Bearish.
MasTec Earnings Perspective: Return On Capital Employed
Benzinga Pro data, MasTec (NYSE:MTZ) reported Q1 sales of $1.95 billion. Earnings fell to a loss of $34.96 million, resulting in a 145.76% decrease from last quarter. MasTec reached earnings of $76.39 million and sales of $1.81 billion in Q4.
DA Davidson Maintains Buy on MasTec, Lowers Price Target to $105
DA Davidson analyst Brent Thielman maintains MasTec (NYSE:MTZ) with a Buy and lowers the price target from $120 to $105.
MasTec Q1 EPS $0.03 Beats $(0.11) Estimate, Sales $1.95B Beat $1.79B Estimate
MasTec (NYSE:MTZ) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $(0.11) by 127.27 percent. This is a 97.27 percent decrease over earnings of $1.10 per share from the same
Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 784 companies set new 52-week lows.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday's trading, 98 companies set new 52-week lows.