MasTec traded at $246.85 this Tuesday August 25th, decreasing $8.51 or 3.33 percent since the previous trading session. Looking back, over the last four weeks, MasTec lost 26.71 percent. Over the last 12 months, its price rose by 35.22 percent. Looking ahead, we forecast MasTec to be priced at 260.56 by the end of this quarter and at 244.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
MasTec, Inc. is an infrastructure construction company. The Company operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Electrical Transmission, and Other. The Communications segment provides engineering, construction, maintenance, and customer fulfillment activities related to communications infrastructure. The Clean Energy and Infrastructure segment serves energy, utility, Government and other end-markets through the installation and construction of power generation facilities, primarily from clean energy and renewable sources. The Oil and Gas segment provides engineering, construction and maintenance services for pipelines and processing facilities for the energy and utilities industries. The Electrical Transmission segment serves the energy and utility industries through the engineering, construction and maintenance of electrical transmission lines and substations. The Other segment includes certain equity investees.