Relative valuation—using simple metrics to compare a firm’s value to its peers—is a cornerstone of financial decision-making. If a company earns $2 billion in profit, and if similar firms trade at 15 ...

Rising interest rates have posed challenges for REIT stock prices over the last two years, leading to historically large discounts relative to broader equity markets. However, yields peaking has ...

We are initiating coverage of MasTec MTZ with a no-moat rating and $103 fair value estimate. We view shares as fairly valued. MasTec is a specialty contractor serving the telecom, oil and gas ...