MASTEC, INC. ● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths
● The close medium term support offers good timing for purchasing the stock.
● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● Historically, the company has been releasing figures that are above expectations.
● The stock, which is currently worth 2019 to 0.84 times its sales, is clearly overvalued in comparison with peers.
● With a P/E ratio at 12.56 for the current year and 12.17 for next year, earnings multiples are highly attractive compared with competitors.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
● The tendency within the weekly time frame is positive above the technical support level at 52.22 USD
Weaknesses
● The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
