MasTec Inc (NYSE:MTZ) Aligns Perfectly With Minervini’s Trend Model as a High-Growth Momentum Stock

MasTec Inc (NYSE:MTZ), A Strong Momentum Stock Aligned With Minervini’s Trend Model

Mark Minervini’s approach to trend-following targets stocks with solid technical and fundamental momentum. His Trend Model checks if stocks are in a clear uptrend, while high-growth momentum (HGM) criteria spot companies with rising earnings and revenue growth. MasTec Inc (NYSE:MTZ) fits both models, making it an attractive pick for growth-focused investors.

How MTZ Matches Minervini’s Trend Model

The Trend Model looks for stocks with strong price momentum, relative performance, and alignment across key moving averages. MTZ meets these standards:

• Price Above Key Moving Averages:

  • Current price ($174.05) is higher than the 50-day ($168.36), 150-day ($145.13), and 200-day SMA ($142.63).
  • The 50-day SMA is above the 150-day and 200-day SMAs, showing bullish alignment.
  • The 200-day SMA has been rising for months, supporting long-term strength.

• Relative Performance:

  • MTZ’s ChartMill Relative Strength (CRS) score of 92.07 means it beats 92% of all stocks.
  • It also ranks in the top 23% of its Construction & Engineering sector, showing leadership.

• Price Movement:

  • The stock is trading within 10% of its 52-week high ($194.00) and 93% above its 52-week low ($89.96), fitting Minervini’s preference for stocks near highs.

These technical traits confirm MTZ is in a steady uptrend (Stage 2), a core part of Minervini’s strategy.

Strong Growth Momentum Fundamentals

Beyond technicals, MTZ shows solid earnings and revenue growth, a key trait of high-growth momentum stocks:

• Earnings Growth:

  • EPS (TTM) growth: +107.8% YoY
  • Quarterly EPS growth (Q2Q): +55.2% (latest quarter)
  • EPS acceleration: The previous quarter saw a sharp +492.3% YoY growth, showing fast earnings expansion.
  • EPS estimate beats: MTZ has surpassed analyst estimates in all of the last four quarters, with an average surprise of +26.7%.

• Revenue Growth:

  • Revenue (TTM) growth: +2.6% YoY (moderate, but recent quarters show improvement).
  • Latest quarterly sales growth: +19.7% YoY, a notable rise from earlier quarters.

• Profit Margins:

  • Latest quarter profit margin: 3.48%, up from 1.15% three quarters ago, reflecting better operational efficiency.

These fundamentals match Minervini’s focus on companies with rising earnings, revenue surprises, and margin growth—key factors for continued price gains.

Technical Overview

ChartMill’s technical report gives MTZ a perfect 10/10 technical score, highlighting:

• Strong long-term uptrend (200-day SMA rising).
• High relative performance vs. the market and sector.
• Trading near 52-week highs, aligning with the S&P 500’s positive momentum.

However, the report notes short-term caution:

• Recent drop from highs ($194 to $174) with higher volume suggests a pause.
• The setup rating is low (1/10), indicating the stock may need to stabilize before a new move higher.

What Investors Should Watch

While MTZ fits Minervini’s growth and trend criteria, investors should watch for a potential pause before entering. A move above recent resistance (~$180–$185) could signal renewed strength.

For more high-growth momentum stocks that match the Trend Model, check our High Growth Momentum + Trend Model Screen.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.