MasTec Inc
MTZ: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$64.00 | Qrclg | Bmvtwxnpb |
MasTec Earnings: Large Electric Transmission Project Win Headlines Results
We are increasing our fair value estimate for no-moat MasTec to $98 from $93 following second-quarter earnings. The key driver of our high valuation is increased revenue assumptions for the power delivery segment. We view shares as fairly valued.