MasTec Inc Shares Up 3.34 percent on Jan 2

MTZ Stock  USD 160.79  5.79  3.74%   
Slightly above 55% of MasTec's investors are presently thinking to get in. The current sentiment regarding investing in MasTec Inc stock implies that some traders are interested. 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.
  
Shares of MasTec Inc surged 3.34 percent in mid-day trading on Jan 2. The stock reached an intraday high of 140.80, before settling at 140.69, up from its

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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.

Debt To Equity

Debt To Equity Comparative Analysis

MasTec is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the 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

PWRQuanta Services   6.09   
0%
100.0%
FIXComfort Systems   5.05   
0%
82.0%
PRIMPrimoris Services   4.91   
0%
80.0%
MYRGMYR   4.57   
0%
75.0%
EMEEMCOR   4.09   
0%
67.0%
ROADConstruction Partners   3.01   
0%
49.0%
GVAGranite Construction   2.64   
0%
43.0%
APGApi Group   2.43   
0%
39.0%
JJacobs Solutions   0.67   
0%
11.0%
DYDycom Industries   0.32   
0%
5.0%
BLDTopbuild Corp   0.09   
0%
1.0%

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.