Making the most of one's investment time in the stock market and doing it with self-assurance are common objectives for both novice and seasoned investors.
The Zacks Style Scores are a one-of-a-kind set of rules for evaluating companies according to three widely used investing methodologies: growth, momentum, and value. They make it easier to achieve these goals. Using the Style Scores, you may better select stocks that will contribute to your portfolio's growth and outperform the market in the long run.
Just One Reason Why You Should Keep an Eye On This Growth Stock Focusing on the Growth Style Score can help growth investors prioritize a company's financial soundness, overall health, and future prospects. This Score looks at sales, cash flow, and earnings (both current and anticipated) to identify firms with long-term growth potential.
Our company, MasTec (MTZ), MasTec, Inc. is a front-runner in the infrastructure building industry, with a focus on the North American market. The business is involved in the design, construction, installation, maintenance, and improvement of infrastructure related to energy, communication, utilities, and other fields.
A stock with a Growth Style Score of B and a VGM Score of B, MTZ is a Strong Buy according to Zacks Rank #1. In the current fiscal year, we anticipate a 30% increase in earnings and a 3.8% increase in sales.
An analyst's profit forecast for fiscal 2024 has been raised in the past 60 days, with the Zacks Consensus Estimate going up $0.07 to $2.56/share. On average, MTZ's earnings have surprised investors by 1.2%.
Historically, MasTec's cash flow has grown by 5.9%, and this year, it's projected to expand by 1.8%
Investors should consider MTZ due to its strong fundamentals, solid Zacks Rank, and top-tier Growth and VGM Style Scores.
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