Stock price performance of MasTec, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 11.94% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 28.64% . Looking at the past 52 week period, the stock price is up at 161.25% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of MasTec, Inc. has a positive value of 88.98 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 4.44% and the 50-Day Moving Average is 3.04%.The 200 Day SMA reached 34.13%
MasTec, Inc. is having a Relative Strength Index of 54.06 which indicates the stock is not yet over sold or over bought based on the technical indicators. MasTec, Inc. (NYSE:MTZ) has climbed 0.39% in the past week and advanced 8.21% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.27% and the outperformance has advanced to 7.24% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Robert J Dwyer (director) sold 10,000 shares at 35.42 per share price.On Jun 23, 2016, Robert E Apple (COO) sold 13,739 shares at 23.75 per share price.On Oct 2, 2015, Jorge Mas (director 10% owner) purchased 117,700 shares at 15.81 per share price.
MasTec Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $0.70. The company had revenue of $1586.10 million for the quarter, compared to analysts expectations of $1497.15 million. The companys revenue was up 42.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Nov 14, 2016 to Buy, Raises Price Target to $ 40 from a previous price target of $35 .
MasTec, Inc. (NYSE:MTZ) : On Friday heightened volatility was witnessed in MasTec, Inc. (NYSE:MTZ) which led to swings in the share price. The stock opened for trading at $39.1 and hit $39.75 on the upside , eventually ending the session at $38.9, with a gain of 9.58% or 3.4 points. The heightened volatility saw the trading volume jump to 1,603,596 shares. The 52-week high of the share price is $41.9 and the company has a market cap of $3,205 million. The 52-week low of the share price is at $12.435 .
MASTEC INC. is one of the largest providers of construction services to the telecommunications industry in the United States. The Companys principal business consists of the installation and maintenance of aerial, underground and buried copper and fiber optic cable, underground conduit, manhole systems and relatessed construction for local telephone companies, including Regional Bell Operating Companies such as BellSouth Telecommunications, Inc., U.S. West, Inc. and SBC Communications, Inc., and non-Bell local telephone companies such as Sprint Corp., and GTE Corp.