Yahoo Finance Here's Why MasTec (MTZ) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
MasTec (MTZ)
MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America. The company engages in the engineering, building, installation, maintenance and upgrade of energy, communication, utility and other infrastructure.
MTZ sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 49.2% and 4.6% year-over-year, respectively.
Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.25 to $2.94 per share. MTZ also boasts an average earnings surprise of 18%.
On a historic basis, MasTec has generated cash flow growth of 5.9%, and is expected to report cash flow expansion of 1.8% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, MTZ should be on investors' short lists.
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MasTec, Inc. (MTZ) : Free Stock Analysis Report
