MasTec: Struggles After The Acquisition Spree

Aug. 24, 2023 10:47 AM ETMasTec, Inc. (MTZ) StockMTZ4 Comments

Summary

  • MasTec's revenue growth has been hindered by supply chain issues and project delays, leading to lower sales and margins.
  • The company's focus should be on execution and margins rather than growth, as it faces headwinds in the market.
  • MasTec has made multiple acquisitions to expand its business, but the integration process has been challenging and has resulted in increased debt.
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In October of last year, I noted that shares of MasTec (NYSE:MTZ) left me far from being electrified. This came after a strong 2021, as multiple bolt-on deals were set to make the business surpass the $10 billion revenue mark in

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