MasTec has been upgraded to a Zacks Rank #1 (Strong Buy), placing it in the top 5% of more than 4,000 stocks covered by Zacks. The upgrade reflects a 3.5% increase in the Zacks Consensus Estimate for the company over the past three months, driven by analysts raising their earnings forecasts. MasTec is expected to earn $8.90 per share for the fiscal year ending December 2026, unchanged from the prior year. The Zacks rating system, which has generated an average annual return of 25% for Strong Buy stocks since 1988, indicates that the improving earnings outlook could lead to near-term stock price gains.
MasTec IncMasTec was upgraded to Zacks Rank #1 Strong Buy due to rising earnings estimates, indicating positive analyst sentiment.