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Quanta Services (PWR) Stock Price, News & Analysis

Quanta Services logo
$332.36 +1.58 (+0.48%)
(As of 11/20/2024 ET)

About Quanta Services Stock (NYSE:PWR)

Key Stats

Today's Range
$327.70
$333.00
50-Day Range
$268.50
$332.36
52-Week Range
$180.97
$335.00
Volume
750,377 shs
Average Volume
895,490 shs
Market Capitalization
$49.06 billion
P/E Ratio
61.32
Dividend Yield
0.11%
Price Target
$314.27
Consensus Rating
Moderate Buy

Company Overview

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings. This segment also offers aviation services; emergency restoration services; and other engineering and technical services; design and construction solutions to wireline and wireless communications, cable multi-system operators, and other customers; and training for electric workers, as well as training for the gas distribution and communications industries. The company's Renewable Energy Infrastructure Solutions segment is involved in engineering, procurement, construction, repair, and maintenance of wind, solar, and hydropower generation facilities, as well as battery storage facilities; and provision of engineering and construction services for substations and switchyards, transmission, and other electrical infrastructures. The company's Underground Utility and Infrastructure Solutions segment offers design, engineering, procurement, construction, upgrade, repair, and maintenance services for natural gas systems for gas utility customers; fabrication services for pipeline support systems and structures and facilities; and engineering and construction services for pipeline and storage systems, and compressor and pump stations. The company was formerly known as Fabal Construction, Inc. and changed its name to Quanta Services, Inc. in November 1997. The company was incorporated in 1997 and is headquartered in Houston, Texas.

Quanta Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

PWR MarketRank™: 

Quanta Services scored higher than 91% of companies evaluated by MarketBeat, and ranked 15th out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Quanta Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Quanta Services has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Quanta Services' stock forecast and price target.
  • Earnings Growth

    Earnings for Quanta Services are expected to grow by 19.04% in the coming year, from $7.88 to $9.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Quanta Services is 61.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Quanta Services is 61.32, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 29.79.

  • Price to Book Value per Share Ratio

    Quanta Services has a P/B Ratio of 7.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Quanta Services' valuation and earnings.
  • Percentage of Shares Shorted

    2.60% of the outstanding shares of Quanta Services have been sold short.
  • Short Interest Ratio / Days to Cover

    Quanta Services has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in Quanta Services has recently decreased by 5.19%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Quanta Services has a dividend yield of 0.11%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Quanta Services does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Quanta Services is 6.64%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Quanta Services will have a dividend payout ratio of 3.84% next year. This indicates that Quanta Services will be able to sustain or increase its dividend.

  • Read more about Quanta Services' dividend.
  • Percentage of Shares Shorted

    2.60% of the outstanding shares of Quanta Services have been sold short.
  • Short Interest Ratio / Days to Cover

    Quanta Services has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in Quanta Services has recently decreased by 5.19%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Quanta Services has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Quanta Services this week, compared to 9 articles on an average week.
  • Search Interest

    Only 11 people have searched for PWR on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Quanta Services to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Quanta Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,318,302.00 in company stock.

  • Percentage Held by Insiders

    Only 1.10% of the stock of Quanta Services is held by insiders.

  • Percentage Held by Institutions

    90.49% of the stock of Quanta Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Quanta Services' insider trading history.
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PWR Stock News Headlines

Stifel Nicolaus Sticks to Its Buy Rating for Quanta Services (PWR)
JD Vance Predicts: Wall Street vs. Trump & Your Money
Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.
Evercore ISI Sticks to Their Buy Rating for Quanta Services (PWR)
See More Headlines

PWR Stock Analysis - Frequently Asked Questions

Quanta Services' stock was trading at $215.80 at the beginning of the year. Since then, PWR stock has increased by 54.0% and is now trading at $332.3550.
View the best growth stocks for 2024 here
.

Quanta Services, Inc. (NYSE:PWR) announced its earnings results on Thursday, October, 31st. The construction company reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.46 by $0.26. The business's revenue for the quarter was up 15.5% compared to the same quarter last year.
Read the conference call transcript
.

Quanta Services subsidiaries include these companies: Arby Construction, North Houston Pole Line L.P., Stronghold Specialty Ltd., Banister Pipelines Constructors Corp., Nacap Australia, Valard Construction LLC, Price Gregory Services LLC, and more.

Top institutional investors of Quanta Services include State Street Corp (3.89%), FMR LLC (3.59%), Geode Capital Management LLC (2.34%) and Massachusetts Financial Services Co. MA (0.84%). Insiders that own company stock include Earl C Jr Austin, Derrick A Jensen, Vincent D Foster, Donald Wayne, Margaret B Shannon, Margaret B Shannon, James Redgie Probst, Gerald A Ducey Jr, Dorothy Upperman, Karl W Studer, Bernard Fried and Worthing Jackman.
View institutional ownership trends
.

Shares of PWR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Quanta Services investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Invesco QQQ (QQQ), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

Ex-Dividend for 10/11 Dividend
10/01/2024
Dividend Payable
10/11/2024
Last Earnings
10/31/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Electrical work
Sub-Industry
Construction & Engineering
CUSIP
74762E10
Employees
52,500
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$314.27
High Stock Price Target
$367.00
Low Stock Price Target
$250.00
Potential Upside/Downside
-5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$744.69 million
Pretax Margin
4.74%

Debt

Sales & Book Value

Annual Sales
$22.90 billion
Cash Flow
$11.21 per share
Book Value
$43.25 per share

Miscellaneous

Free Float
145,988,000
Market Cap
$49.06 billion
Optionable
Optionable
Beta
1.01

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This page (NYSE:PWR) was last updated on 11/21/2024 by MarketBeat.com Staff
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