NYSE:PWR - Quanta Services Stock Price, Price Target & More

Quanta Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PWR."

Quanta Services declared that its board has authorized a stock buyback plan on Sunday, June 4th 2017, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

Quanta Services Inc (NYSE:PWR) issued its quarterly earnings data on Thursday, May, 3rd. The construction company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.26 by $0.14. The construction company earned $2.42 billion during the quarter, compared to analyst estimates of $2.08 billion. Quanta Services had a net margin of 3.14% and a return on equity of 7.57%. The company's quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 earnings per share. View Quanta Services' Earnings History.

Quanta Services is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Quanta Services.

Quanta Services issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $2.55-$2.95 for the period, compared to the Thomson Reuters consensus estimate of $2.60. The company issued revenue guidance of $9.95-$10.55 billion, compared to the consensus revenue estimate of $10.11 billion.

12 analysts have issued 12 month target prices for Quanta Services' stock. Their forecasts range from $42.00 to $53.00. On average, they anticipate Quanta Services' stock price to reach $46.00 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Ratings for Quanta Services.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Quanta Services include Lennar (LEN), Vulcan Materials (VMC), HEIDELBERGCEMEN/ADR (HDELY), D. R. Horton (DHI), FERROVIAL S A/ADR (FRRVY), Lennar Co. Class B (LEN.B), Martin Marietta Materials (MLM), United Rentals (URI), Rollins (ROL), Masco (MAS), SEKISUI HOUSE L/S (SKHSY), NVR (NVR), PERSIMMON/ADR (PSMMY), Cemex SAB de CV (CX) and Jacobs Engineering Group (JEC).

Press coverage about PWR stock has trended somewhat positive on Tuesday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Quanta Services earned a news impact score of 0.01 on Accern's scale. They also gave news coverage about the construction company an impact score of 44.40 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Quanta Services' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.63%), Hexavest Inc. (0.60%), Copper Rock Capital Partners LLC (0.51%), Assenagon Asset Management S.A. (0.28%), Neville Rodie & Shaw Inc. (0.21%) and Bank of Montreal Can (0.07%). Company insiders that own Quanta Services stock include Jerry K Lemon, John Michal Conaway, Nicholas M Grindstaff, Patrick Wood III and Randall C Wisenbaker. View Institutional Ownership Trends for Quanta Services.

PWR stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Copper Rock Capital Partners LLC, Bank of Montreal Can, New England Research & Management Inc., Legacy Financial Advisors Inc. and Radnor Capital Management LLC. Company insiders that have sold Quanta Services company stock in the last year include Jerry K Lemon, John Michal Conaway, Patrick Wood III and Randall C Wisenbaker. View Insider Buying and Selling for Quanta Services.

PWR stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Assenagon Asset Management S.A., Dalton Greiner Hartman Maher & Co., Clinton Group Inc., Neville Rodie & Shaw Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Sanders Morris Harris LLC and Newman Dignan & Sheerar Inc.. View Insider Buying and Selling for Quanta Services.

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

One share of PWR stock can currently be purchased for approximately $33.19.

Quanta Services has a market capitalization of $5.04 billion and generates $9.47 billion in revenue each year. The construction company earns $314.97 million in net income (profit) each year or $1.78 on an earnings per share basis. Quanta Services employs 32,800 workers across the globe.

Quanta Services' mailing address is 2800 POST OAK BOULEVARD SUITE 2600, HOUSTON TX, 77056. The construction company can be reached via phone at 713-629-7600 or via email at [email protected]