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Here's Why MasTec (MTZ) is a Strong Growth Stock
Zacks Investment Research· 2024-05-10 22:46
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. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
Despite Fast-paced Momentum, MasTec (MTZ) Is Still a Bargain Stock
Zacks Investment Research· 2024-05-08 21:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
MasTec(MTZ) - 2024 Q1 - Earnings Call Transcript
2024-05-04 00:46
财务数据和关键指标变化 - 第一季度收入为26.87亿美元,同比增长4% [14] - 调整后EBITDA为1.57亿美元,同比增长54% [14] - 调整后每股亏损0.13美元,超出共识预期0.35美元 [14] - 期末在手订单128亿美元,环比增加4.3亿美元 [14][37] 各条业务线数据和关键指标变化 - 通信业务收入7.33亿美元,调整后EBITDA利润率6.7% [41] - 油气管道业务收入6.34亿美元,调整后EBITDA利润率14.6% [39] - 输配电业务收入5.71亿美元,调整后EBITDA利润率4.8% [43] - 清洁能源与基础设施业务收入7.53亿美元,调整后EBITDA利润率2.7% [46] 各个市场数据和关键指标变化 - 通信业务中无线和有线业务占比接近50:50,有线业务未来将继续增长 [82][83] - 输配电业务受到一些项目推迟影响,但长期需求前景良好 [43][44][45] - 清洁能源业务去年有一些挑战项目,今年情况有所改善 [46][47][48] - 油气管道业务在未来2-3年内有较好的可见性和稳定性 [20][21] 公司战略和发展方向及行业竞争 - 公司正在加强在数据中心基础设施、电网升级等领域的布局,看好这些领域的增长机会 [28][29][30] - 公司认为规模和全方位服务能力是未来竞争的关键,正在通过内部整合和外部并购来增强实力 [31][32] - 公司看好5G、宽带网络、可再生能源等领域的长期发展机遇 [16][17][19][27] 管理层对经营环境和未来前景的评论 - 管理层对2024年下半年的业务增长和利润率改善充满信心 [15][32][51][52] - 管理层认为公司已经度过了最困难的时期,未来有望持续改善业绩 [71][72] - 管理层表示将保持谨慎的资本结构和投资级信用评级 [93][94] 问答环节重要的提问和回答 问题1 **Andy Kaplowitz 提问** 询问公司在数据中心基础设施领域的机会和挑战 [59][60][61] **Jose Mas 回答** 公司正在加强在数据中心基础设施领域的布局,看好未来的增长机会,并正在采取措施提高竞争力和盈利能力 [60][61][62] 问题2 **Alex Rygiel 提问** 询问公司未来几年的EBITDA利润率目标,以及哪些业务有最大的提升空间 [71][72][73][74][75][76][77] **Jose Mas 回答** 公司各业务线未来几年的利润率目标,以及对实现这些目标的信心 [72][73][74][75][76][77] 问题3 **Sangita Jain 提问** 询问公司通信业务中无线和有线业务的占比变化 [82][83] **Jose Mas 回答** 公司预计未来无线和有线业务占比会接近50:50,有线业务仍将保持较快增长 [83]
MasTec(MTZ) - 2024 Q1 - Earnings Call Presentation
2024-05-03 21:18
Q1 2024 Summary ·MasTec | --- | --- | --- | --- | --- | --- | |-------------|---------|-------------------------------------------------------------------------------------------------------------------------------|---------------------|--------------------|----------------------------| | | | | | | | | Revenue | • • | Record Q1 revenue increased ~4% yearover-year organically. Revenue exceeded guidance by ~$60M. | | Adjusted EBITDA 1 | | | | • | Total backlog of $12.8B reflects an increase | 18 Month Backlog ...
MasTec(MTZ) - 2024 Q1 - Quarterly Results
2024-05-03 18:07
Exhibit 99.1 Contact: 800 S. Douglas Road, 12th Floor J. Marc Lewis, Vice President-Investor Relations Coral Gables, Florida 33134 305-406-1815 Tel: 305-599-1800 marc.lewis@mastec.com www.mastec.com For Immediate Release MasTec Announces First Quarter 2024 Financial Results and Raises Guidance for the Year • Record First Quarter 2024 Revenue of $2.7 Billion • First Quarter 2024 GAAP Net Loss of $34.5 Million, a $46.0 Million Improvement over First Quarter 2023 and Beating Consensus Estimates by $33.1 Millio ...
MasTec(MTZ) - 2024 Q1 - Quarterly Report
2024-05-03 05:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ Form 10-Q _____________________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☑ EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission File Number 001-08106 ________________________ ...
MasTec Announces First Quarter 2024 Financial Results and Raises Guidance for the Year
Prnewswire· 2024-05-03 04:33
Record First Quarter 2024 Revenue of $2.7 Billion First Quarter 2024 GAAP Net Loss of $34.5 Million, a $46.0 Million Improvement over First Quarter 2023 and Beating Consensus Estimates by $33.1 Million First Quarter 2024 Adjusted EBITDA of $157.3 Million, a $54.8 Million Improvement Over First Quarter 2023 and Beating Consensus Estimates by $28.7 Million First Quarter 2024 Diluted Loss Per Share of $0.53 and Adjusted Diluted Loss Per Share of $0.13, Beating Consensus Estimates by $0.33 and $0.35, Respectiv ...
Why MasTec (MTZ) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-04-24 22:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
MasTec(MTZ) - 2023 Q4 - Earnings Call Transcript
2024-03-02 02:25
Adam Thalhimer Adam Thalhimer Adam Thalhimer Operator Jose Mas Thanks, Jose. And then I think you mentioned consolidation of contractors by your customer base in your prepared remarks. Is that maybe more pronounced in certain segment or segments or just kind of curious how you're seeing that across the business? Thank you. I'll leave it there. We will take our next question from Justin Hauke with Robert W. Baird. There was no other de-bookings. Obviously, we announced the issues with that project in the thi ...
MasTec(MTZ) - 2023 Q4 - Annual Report
2024-03-01 10:58
通信行业机会 - 通信部门的机会在于快速增长的数据消费需求,5G技术的部署和网络优化[9] - 5G技术的部署将带来对5G通信基础设施的需求增长,包括塔台部署、小型/微型基站和光纤网络扩展[10] - 通信部门的机会在于5G无线和光纤通信网络服务的快速发展,预计需求将持续增长[9] - 5G无线通信网络的部署将导致对5G电信基础设施的需求增加,包括塔的扩容、小型/微型蜂窝站的部署和光纤网络的扩展[10] - 5G基础设施建设将持续多年,同时政府计划和私人投资将推动光纤网络的扩张,为未来提供增长机会[10] 可再生能源投资 - 2023年全球低碳能源转型项目投资总额约为1.8万亿美元,比2022年增长了17%[11] - 可再生能源项目投资总额为6230亿美元,比2022年增长了8%[11] - 全球能源转型和电网投资需求将需要从2024年到2030年增长到约4.8万亿美元,以实现巴黎气候协议中提出的全球净零目标[12] 电力基础设施投资 - 美国电力传输和分配基础设施的行业收入预计在2023年将达到约538亿美元[14] - 2023年全球电力网格投资约为3100亿美元[15] - 全球电气化交通基础设施投资在2023年增长到约6300亿美元,比2022年增长超过30%[16] 公司业务发展 - 公司拥有多元化的客户关系,服务于通信、公用事业、电力、土木和交通基础设施等多个行业[17] - 公司在可持续商机投资方面取得了显著增长,清洁能源和基础设施业务收入从2017年的3亿美元增长至2023年的40亿美元[20] - 公司在清洁能源和基础设施领域取得了显著增长,占公司整体收入的比例从2017年的3%增长至2023年的18%[20] - 公司通过收购Infrastructure and Energy Alternatives, Inc.(IEA)等公司,扩大了可再生能源建设和维护服务的规模和能力[20] - 公司致力于推动能源转型,支持低碳经济,预计清洁能源基础设施将迎来增长机遇[20]