MasTec (MTZ) · wyniki II kw. 2026 i wycena

Przy wzroście 13,5% rocznie (3-letni wzrost przychodów) wartość godziwa z modelu to $78.81 na akcję — kurs jest o 146% powyżej niej. Obecna cena zakłada wzrost o 23,4% rocznie.

1. Główny temat

   Management stated they are feeling really good about the business, its prospects, and its ability to outperform due to the integration progress.

   Cytat ze źródła

   “And more importantly, we are feeling really good about the business, their prospects and their ability to outperform. So feeling really good about the integration the remaining integration required.”

2. Prognoza ↑

   MTZ raised its full-year revenue guidance to $18.2 billion and adjusted EBITDA to $1.6 billion due to performance, momentum, and the addition of Superior.

   Cytat ze źródła

   “Given our performance, momentum and the addition of Superior, are increasing our full year guidance, We now expect revenues of $18.2 billion adjusted EBITDA of $1.6 billion and earnings...”

3. Prognoza

   MTZ updated its 2026 guidance to reflect pressure in the communications segment despite expected growth in pipeline, power delivery, and the Clean Energy and Infrastructure segment.

   Cytat ze źródła

   “For the balance of 2026, while we expect continued strength across pipeline, power delivery and our Clean Energy and Infrastructure segment, we are experiencing some pressure in our communications...”

4. Liczba

   Revenue for the quarter was $4.37 thousand million, which is up 23% year over year.

   Cytat ze źródła

   “Revenue for the quarter was $4.37 thousand million up 23% year over year.”

Management sounded noticeably less positive answering analysts than in its prepared script — a bigger drop than in 95% of calls. Scripts are polished in advance; a drop under questioning often marks the topics analysts pressed on, so the answers deserve a closer read than the script.

Zdania, które wpłynęły na ton

“We entered the second half of the year with record backlog, strong visibility and increased momentum.”

“With record performance across revenue, profitability, and backlog these results reflect strong execution across the business and the strength of our diversified platform.”

“Backlog increased to another record level of approximately $21.4 billion at quarter end, growing roughly 5% sequentially and 30% year over year.”