MasTec Inc
MTZ: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$47.00 | Fmpy | Szszwnf |
MasTec Earnings: Solid Results to Start 2024; Increasing Fair Value Estimate to $93
We are increasing our fair value estimate for no-moat MasTec to $93 from $84 following first-quarter earnings. The main driver of our high valuation is increased long-term margin assumptions. We view shares as fairly valued.