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Is MasTec Stock a Strong Buy Despite Its Premium P/E Valuation?
MasTecMasTec(US:MTZ) ZACKS·2025-09-10 02:06

Key Takeaways MasTec trades at a premium P/E versus peers, yet its shares have surged 72% in a year.Backlog hit 16.45B,up2316.45B, up 23% year over year, with records in communications and clean energy.It raised the 2025 revenue outlook to 13.9-$14B, with EPS seen up 60% from the prior year's actual.MasTec, Inc. (MTZ) is trading at a higher valuation compared with its peers. The company’s forward 12-month price-to-earnings (P/E) ratio is 24.62X, above the Zacks Building Products – Heavy Construction industry’s 21.25 ...