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NYSE:PWR

Quanta Services (PWR) Stock Price, News & Analysis

$256.73
+7.92 (+3.18%)
(As of 07/26/2024 ET)
Today's Range
$253.75
$259.15
50-Day Range
$244.94
$283.43
52-Week Range
$153.74
$286.87
Volume
617,703 shs
Average Volume
946,239 shs
Market Capitalization
$37.58 billion
P/E Ratio
49.75
Dividend Yield
0.14%
Price Target
$273.75

Quanta Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
6.6% Upside
$273.75 Price Target
Short Interest
Healthy
2.94% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-4.47
Upright™ Environmental Score
News Sentiment
0.76mentions of Quanta Services in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.08%
From $7.69 to $8.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Construction Sector

10th out of 101 stocks

Electrical Work Industry

1st out of 4 stocks

PWR stock logo

About Quanta Services Stock (NYSE:PWR)

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.

PWR Stock Price History

PWR Stock News Headlines

Quanta Services Will Electrify The Future
Quanta Services (PWR) Set to Announce Earnings on Thursday
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Quanta Services (NYSE:PWR) PT Raised to $302.00
Stifel Nicolaus Reaffirms Their Buy Rating on Quanta Services (PWR)
Goldman Sachs Keeps Their Buy Rating on Quanta Services (PWR)
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Beyond The Numbers: 9 Analysts Discuss Quanta Services Stock
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 7/12 Dividend
7/01/2024
Dividend Payable
7/12/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

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
$273.75
High Stock Price Target
$310.00
Low Stock Price Target
$210.00
Potential Upside/Downside
+5.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$744.69 million
Pretax Margin
4.76%

Debt

Sales & Book Value

Annual Sales
$20.88 billion
Cash Flow
$11.19 per share
Book Value
$43.25 per share

Miscellaneous

Free Float
144,778,000
Market Cap
$37.83 billion
Optionable
Optionable
Beta
1.03

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Should I Buy Quanta Services Stock? PWR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Quanta Services, Inc.:

  • Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries.
  • Recent developments in the company's Electric Power Infrastructure Solutions segment have shown promising growth.
  • The company has a strong track record of revenue growth and profitability.
  • Quanta Services, Inc. has a solid Return on Equity (ROE) ratio, indicating efficient use of shareholder funds.
  • The company's current stock price is competitive and offers potential for value appreciation.

Cons

Investors should be bearish about investing in Quanta Services, Inc. for these reasons:

  • While the company has shown growth, there may be risks associated with the industry's cyclicality.
  • Fluctuations in the market and economic conditions could impact Quanta Services, Inc.'s performance.
  • Investors should consider the company's debt-to-equity ratio and assess the level of financial leverage.
  • Quanta Services, Inc. faces competition in the infrastructure solutions sector, which could affect market share.
  • It is important to monitor the company's market cap and stock performance for potential volatility.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 23, 2024. Please send any questions or comments about these Quanta Services pros and cons to contact@marketbeat.com.

PWR Stock Analysis - Frequently Asked Questions

How have PWR shares performed this year?

Quanta Services' stock was trading at $215.80 at the beginning of 2024. Since then, PWR shares have increased by 19.0% and is now trading at $256.73.
View the best growth stocks for 2024 here
.

How were Quanta Services' earnings last quarter?

Quanta Services, Inc. (NYSE:PWR) issued its quarterly earnings results on Thursday, May, 2nd. The construction company reported $1.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.14. The construction company had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $4.96 billion. Quanta Services had a trailing twelve-month return on equity of 16.25% and a net margin of 3.57%.

What is Earl C. Austin's approval rating as Quanta Services' CEO?

27 employees have rated Quanta Services Chief Executive Officer Earl C. Austin on Glassdoor.com. Earl C. Austin has an approval rating of 82% among the company's employees.

Does Quanta Services have any subsidiaries?

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.

Who are Quanta Services' major shareholders?

Quanta Services' top institutional shareholders include Bank of New York Mellon Corp (0.68%), Swedbank AB (0.63%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and Allspring Global Investments Holdings LLC (0.20%). Insiders that own company stock include Earl C Jr Austin, Derrick A Jensen, Vincent D Foster, James Redgie Probst, Donald Wayne, Margaret B Shannon, Margaret B Shannon, Dorothy Upperman, Bernard Fried and Worthing Jackman.
View institutional ownership trends
.

How do I buy shares of Quanta Services?

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.

What other stocks do shareholders of Quanta Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Quanta Services investors own include Skyworks Solutions (SWKS), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Cisco Systems (CSCO), NVIDIA (NVDA), QUALCOMM (QCOM) and Verizon Communications (VZ).

This page (NYSE:PWR) was last updated on 7/27/2024 by MarketBeat.com Staff

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