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Model output · Signal date 2026-10-16
Mastec Inc (MTZ) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
Alpha
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Middle 30%
of 5184 stocks scored
Rank correlation · 90D
48.0%
Spearman, 357 dates
Market Cap
$15.34B
large-cap · #1 of 7 peers
Summary
Mastec Inc (MTZ) stock forecast summary
On Oct. 16, 2026, MTZ is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
Mastec Inc is a large-cap company with a market capitalization of $15.34B. It ranks number 1 by market capitalization among the 7 Water, Sewer, Pipeline, Comm & Power Line Construction issuers in our coverage with a current forecast.
For MTZ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 48.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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MTZ price chart and AI forecast
Cross-section · 2026-10-16
How MTZ ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Mastec Inc (MTZ) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Water, Sewer, Pipeline, Comm & Power Line Construction peers listed below that report each metric.
Valuation & Market
| Metric | MTZ | Rank |
|---|---|---|
| Market Cap | $15.34B | 1/7 |
| P/E Ratio | 33.93x | 3/6 |
| P/B Ratio | 4.41x | 2/6 |
| EPS | $5.63 | – |
| Book Value/Share | $43.30 | – |
| Revenue/Share | $200.60 | – |
| FCF/Share | $3.05 | – |
Profitability & Margins
| Metric | MTZ | Rank |
|---|---|---|
| ROE | 14.2% | 2/5 |
| ROA | 4.5% | 3/5 |
| Gross Margin | 12.9% | 3/6 |
| Net Margin | 3.1% | 4/5 |
| EBT Margin | 4.2% | 4/6 |
| Tax Rate | 20.3% | – |
Financial Health
| Metric | MTZ | Rank |
|---|---|---|
| Current Ratio | 1.40x | 5/7 |
| Quick Ratio | 1.37x | – |
| D/E Ratio | 2.11x | 2/6 |
| Financial Leverage | 3.14x | 2/6 |
| Interest Coverage | 4.9x | – |
| Working Capital | $1.41B | 2/7 |
Cash Flow
| Metric | MTZ | Rank |
|---|---|---|
| Operating Cash Flow | $582M | 2/6 |
| Free Cash Flow | $245M | 2/6 |
| Capital Spending | -$337M | 6/6 |
| OCF Growth YoY | -30.2% | 5/6 |
| FCF Growth YoY | -61.2% | 5/6 |
| FCF/Sales | 1.5% | 4/6 |
| CapEx/Sales | 2.1% | 4/6 |
Operational Efficiency
| Metric | MTZ | Rank |
|---|---|---|
| Asset Turnover | 1.47x | 4/6 |
| Receivables Turnover | 9.2x | 1/6 |
| Inventory Turnover | 123.5x | – |
| Fixed Assets Turnover | 12.2x | 3/6 |
| Days Sales Outstanding | 40 days | 6/6 |
| Days Inventory | 3 days | – |
| Payables Period | 38 days | 2/5 |
| Cash Conversion Cycle | 4 days | – |
Income Statement
| Metric | MTZ | Rank |
|---|---|---|
| Total Revenue | $16.11B | 1/6 |
| Net Income | $494M | 1/5 |
| Cost of Goods Sold | $14.03B | 1/6 |
Dividend & Shareholder Information
| Metric | MTZ | Rank |
|---|---|---|
| Shares Outstanding | 80M | – |
| Net Income Growth | 86.1% | 2/5 |
| EPS Growth | 107.0% | 2/6 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $4.94B | 45.2% of assets |
| Cash & Short-term Investments | $316M | 2.9% of assets |
| Accounts Receivable | $1.74B | 16.0% of assets |
| Inventory | $114M | 1.0% of assets |
| Total Liabilities | $7.33B | 67.0% of assets |
| Short-term Debt | $2.06B | 18.8% of assets |
Quarterly Financial Reports
MTZ quarterly financials and insider trading
Industry Peers · Water, Sewer, Pipeline, Comm & Power Line Construction
Mastec Inc (MTZ) industry peers
Companies classified under the same SEC industry code as Mastec Inc (Water, Sewer, Pipeline, Comm & Power Line Construction): 7 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Real Estate & Construction · Water, Sewer, Pipeline, Comm & Power Line Construction
News
Mastec Inc (MTZ) stock news
MasTec: Data Center Exposure At An Attractive Valuation
Despite sector-leading growth, MTZ trades at a significant valuation discount, with FWD PEG at 0.58 and FWD EV/Sales at 1.09x ...
Jim Cramer Weighs MasTec’s (MTZ) Business Against the Selling Pressure
Toward the end of the October 6 lightning round of Mad Money, a caller asked about MasTec, Inc. (NYSE:MTZ). Jim Cramer ...
FAQ
Mastec Inc (MTZ) stock forecast FAQ
What is the Mastec Inc (MTZ) stock forecast?
On Oct. 16, 2026, MTZ is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Mastec Inc stock predictions?
For MTZ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 48.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Mastec Inc forecasts updated?
Mastec Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Mastec Inc's industry peers?
7 issuers in our coverage, MTZ included, share the SEC industry code Water, Sewer, Pipeline, Comm & Power Line Construction. The largest are: Dycom Industries Inc (DY), Myr Group Inc. (MYRG), Primoris Services Corp (PRIM), Preformed Line Products Co (PLPC), Itg, Inc./De/ (ITG), Energy Services Of America Corp (ESOA).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.