Why MasTec (MTZ) is a Top Growth Stock for the Long-Term

MasTec (MTZ), a North American infrastructure construction firm, is identified as a potential growth stock despite its Zacks #3 (Hold) rank, driven by robust growth indicators. The company boasts a VGM Score of B and a Growth Style Score of B, underpinned by a projected 60.8% year-over-year earnings growth for the current fiscal year. Furthermore, four analysts have recently raised fiscal 2025 earnings estimates, increasing the Zacks Consensus Estimate to $6.35 per share, and MTZ has consistently delivered an average earnings surprise of 18.9%.

Analysis

MasTec (MTZ), a prominent North American infrastructure construction company, presents a compelling growth profile despite its current Zacks #3 (Hold) rank. The firm is projected to achieve substantial year-over-year earnings growth of 60.8% for the current fiscal year, underpinned by strong operational performance and a favorable industry outlook. This robust growth potential is further highlighted by its B-rated Growth Style Score and an overall VGM Score of B.
Four analysts have recently revised their fiscal 2025 earnings estimates higher over the past 60 days, indicating increasing confidence in MTZ's future profitability. Consequently, the Zacks Consensus Estimate for fiscal 2025 has seen a positive adjustment, increasing by $0.03 to $6.35 per share. The company also boasts a consistent track record of outperforming expectations, with an average earnings surprise of +18.9%.
These strong fundamental indicators, including significant projected earnings growth and positive analyst revisions, position MTZ as a notable consideration for growth-oriented institutional investors. The combination of a solid growth trajectory and a history of earnings beats suggests underlying business strength within the infrastructure sector, warranting its inclusion on investors' shortlists.

Key Decisions for Investors

• Investors should closely monitor MasTec's (MTZ) upcoming earnings reports and future guidance, given its projected 60.8% year-over-year earnings growth and historical average earnings surprise of +18.9%.
• Evaluate MTZ's fit within growth-oriented portfolios, considering its strong Growth Style Score of B and the recent upward revisions in analyst earnings estimates for fiscal 2025.
• Assess the implications of the Zacks #3 (Hold) rank in conjunction with the company's strong fundamental growth metrics and positive analyst sentiment, as a higher Zacks Rank combined with strong Style Scores typically offers the highest probability of success.