MasTec, Inc.
MTZ
Delayed Nyse - 10/20 10:02:01 pm
42.9USD
+2.26%

No turn-around in sight

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David Meurisse
Contributor / Partner

Strategy published on : 08/09/2017 | 14:42

long trade
Stop-loss triggered

Entry price : 43$
Target : 48.4$
Stop-loss : 41.4$
Potential : 12.56%

MasTec, Inc.'s shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

● The group usually releases upbeat results with huge surprise rates.

● The stock, which is currently worth 2017 to 0.76 times its sales, is clearly overvalued in comparison with peers.

● Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

● The stock is in a well-established, long-term rising trend above the technical support level at 35.95 USD

Zonebourse.com 2017
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