Last $18.52 USD
Change Today -0.15 / -0.80%
Volume 1.1M
MTZ On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

mastec inc (MTZ) Snapshot

Open
$18.43
Previous Close
$18.67
Day High
$18.76
Day Low
$18.13
52 Week High
04/3/14 - $44.80
52 Week Low
01/20/15 - $17.95
Market Cap
1.5B
Average Volume 10 Days
1.3M
EPS TTM
$1.65
Shares Outstanding
81.9M
EX-Date
--
P/E TM
11.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for MASTEC INC (MTZ)

mastec inc (MTZ) Related Businessweek News

No Related Businessweek News Found

mastec inc (MTZ) Details

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for energy, utility, and communications infrastructure primarily in the United States. It operates in five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. The company builds pipelines for natural gas, crude oil, and refined product transportation; underground and overhead distribution systems comprising trenches, conduits, and cable and power lines that provide wireless and wireline communications; electrical power generation, transmission, and distribution systems; power generation infrastructure, including renewable energy; heavy industrial plants; and compressor and pump stations, and treatment plants. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic cables, coaxial cables, copper lines, and satellite dishes in various environments. In addition, the company provides maintenance and upgrade support services that consist of maintenance of distribution facilities; and networks and infrastructure, including natural gas and petroleum pipelines, wireless, power generation, and electrical distribution and transmission infrastructure, as well as emergency services for accidents or storm damage, and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless service providers, satellite and broadband operators, local and long distance carriers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

18,200 Employees
Last Reported Date: 10/30/14
Founded in 1929

mastec inc (MTZ) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $980.0K
Chief Operating Officer
Total Annual Compensation: $525.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2013.

mastec inc (MTZ) Key Developments

MasTec, Inc. Provides Earnings Guidance for the Year Ended December 31, 2015

MasTec, Inc. provided earnings guidance for the year ended December 31, 2015. For the year, the company expects revenue will increase 9% over expected 2014 revenue to $5.0 billion, with continuing operations adjusted EBITDA margin, a non-GAAP measure, of approximately 10% of revenue, and continuing operations adjusted diluted earnings per share, also a non-GAAP measure, of $1.87. The company expects EBITDA - continuing operations of $474 million, adjusted EBITDA - continuing operations of $500 million.

MasTec, Inc. Enters into a Fourth Amendment to the Third Amended and Restated Credit Agreement

On November 21, 2014, MasTec, Inc. together with certain of the company's subsidiaries, Bank of America, N.A., as Administrative Agent, Swing Line Lender, L/C Issuer and a Lender, and the other lenders party thereto (collectively, the Lenders), entered into a fourth amendment to the company's third amended and restated credit agreement, dated as of August 22, 2011, as amended. MasTec entered into the amendment in connection with evaluation of its debt structure, which is intended to ensure ample liquidity and financial flexibility to pursue growth opportunities. Pursuant to the Amendment, certain Lenders extended to MasTec a new term loan A in the aggregate principal amount of $250.0 million (the Term Loan A), following which aggregate commitments under the Credit Agreement, both drawn and undrawn, totaled $1.25 billion. Interest on the Term Loan A accrues at variable rates based, at MasTec's option, on a eurocurrency rate or a base rate, in each case plus a margin which is equivalent to the margin applicable to revolving obligations under the Credit Agreement. The scheduled maturity date of the Term Loan A is November 21, 2019. The Term Loan A is also subject to amortization in quarterly principal installments of $3,125,000 (subject to reduction as a result of the application of certain prepayments in accordance with the terms of the Credit Agreement), commencing as of the quarter ending March 31, 2016 and continuing for each fiscal quarter thereafter. MasTec used all net proceeds from the Term Loan A to repay certain other outstanding indebtedness under the Credit Agreement.

MasTec, Inc. Presents at Barclays Select Series 2014: SMID Cap Conference, Nov-12-2014

MasTec, Inc. Presents at Barclays Select Series 2014: SMID Cap Conference, Nov-12-2014 . Venue: Barclays headquarters, 745 Seventh Avenue, New York, NY 10019, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MTZ:US $18.52 USD -0.15

MTZ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arcadis NV €26.96 EUR +0.095
Clean Harbors Inc $47.32 USD -0.98
Granite Construction Inc $34.08 USD -0.99
Leidos Holdings Inc $41.40 USD -1.35
MDU Resources Group Inc $22.61 USD -0.17
View Industry Companies
 

Industry Analysis

MTZ

Industry Average

Valuation MTZ Industry Range
Price/Earnings 11.7x
Price/Sales 0.3x
Price/Book 1.3x
Price/Cash Flow 5.3x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MASTEC INC, please visit www.mastec.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.