Stocks Showing Rising Market Leadership MasTec Earns 84 RS Rating
| MTZ Stock | USD 137.42 0.38 0.28% |
Slightly above 56% of MasTec's investor base is looking to short. The current sentiment regarding investing in MasTec Inc stock implies that many traders are alarmed. MasTec's investing sentiment can be driven by a variety of factors including economic data, MasTec's earnings reports, geopolitical events, and overall market trends.
MasTec |
A Relative Strength Rating upgrade for MasTec shows improving technical performance.
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MasTec Fundamental Analysis
We analyze MasTec's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MasTec using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MasTec based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
MasTec is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
MasTec Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MasTec stock to make a market-neutral strategy. Peer analysis of MasTec could also be used in its relative valuation, which is a method of valuing MasTec by comparing valuation metrics with similar companies.
Peers
MasTec Related Equities
| DY | Dycom Industries | 0.76 | ||||
| J | Jacobs Solutions | 0.67 | ||||
| PWR | Quanta Services | 0.55 | ||||
| EME | EMCOR | 0.15 | ||||
| MYRG | MYR | 0.48 | ||||
| FIX | Comfort Systems | 0.68 | ||||
| PRIM | Primoris Services | 1.19 | ||||
| GVA | Granite Construction | 1.67 | ||||
| ROAD | Construction Partners | 1.69 | ||||
| BLD | Topbuild Corp | 2.51 | ||||
| APG | Api Group | 2.70 |
Additional Tools for MasTec Stock Analysis
When running MasTec's price analysis, check to measure MasTec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.