Log in

NYSE:PWR - Quanta Services Stock Price, Forecast & News

$29.84
-1.65 (-5.24 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$29.16
Now: $29.84
$30.51
50-Day Range
$23.80
MA: $35.73
$40.80
52-Week Range
$23.77
Now: $29.84
$44.09
Volume1.91 million shs
Average Volume2.69 million shs
Market Capitalization$4.25 billion
P/E Ratio10.93
Dividend Yield0.64%
Beta1.11
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally. Its Electric Power Infrastructure Services segment designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as provides other engineering and technical services; designs, installs, maintains, and repairs commercial and industrial wiring; and operates a postsecondary educational institution. It also offers emergency restoration services, including the repair of infrastructure damaged by inclement weather; installation, maintenance, and upgrade of electric power infrastructure; and installation of smart grid technologies on electric power networks. In addition, this segment provides services related to development of solar, wind, and various natural gas generation facilities, as well as related switchyards and transmission infrastructure; and construction of electric power generation facilities. The company's Pipeline and Industrial Infrastructure Services segment designs, installs, repairs, and maintains pipeline transmission and distribution systems, gathering systems, production systems, storage systems, and compressor and pump stations, as well as offers related trenching, directional boring, and mechanized welding services; and designs, installs, and maintains fueling systems, and water and sewer infrastructure. This segment also provides pipeline protection, integrity testing, and rehabilitation and replacement, as well as pipeline support systems, and related structures and facilities fabrication services; and high-pressure and critical-path turnaround, electrical, piping, fabrication, and storage tank services. The company serves electric power, energy, and communications companies, as well as commercial, industrial, and governmental entities. Quanta Services, Inc. was founded in 1997 and is headquartered in Houston, Texas.
Read More
Quanta Services logo

Industry, Sector and Symbol

Industry Electrical work
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP74762E10
Phone713-629-7600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.11 billion
Cash Flow$4.88 per share
Book Value$28.49 per share

Profitability

Net Income$402.04 million

Miscellaneous

Employees40,300
Market Cap$4.25 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

Receive PWR News and Ratings via Email

Sign-up to receive the latest news and ratings for PWR and its competitors with MarketBeat's FREE daily newsletter.


Quanta Services (NYSE:PWR) Frequently Asked Questions

How has Quanta Services' stock been impacted by COVID-19 (Coronavirus)?

Quanta Services' stock was trading at $32.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PWR shares have decreased by 8.3% and is now trading at $29.84. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Quanta Services?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Quanta Services.

When is Quanta Services' next earnings date?

Quanta Services is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Quanta Services.

How were Quanta Services' earnings last quarter?

Quanta Services Inc (NYSE:PWR) announced its earnings results on Thursday, February, 27th. The construction company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. The construction company earned $3.11 billion during the quarter, compared to the consensus estimate of $3.03 billion. Quanta Services had a return on equity of 11.66% and a net margin of 3.32%. The firm's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 earnings per share. View Quanta Services' earnings history.

How often does Quanta Services pay dividends? What is the dividend yield for Quanta Services?

Quanta Services declared a dividend on Thursday, March 26th. Shareholders of record on Monday, April 6th will be given a dividend of $0.05 per share on Wednesday, April 15th. The ex-dividend date is Friday, April 3rd. View Quanta Services' dividend history.

How will Quanta Services' stock buyback program work?

Quanta Services announced that its board has initiated a share repurchase program on Tuesday, September 4th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

What guidance has Quanta Services issued on next quarter's earnings?

Quanta Services updated its FY20 earnings guidance on Thursday, February, 27th. The company provided EPS guidance of $3.62-4.02 for the period, compared to the Thomson Reuters consensus estimate of $3.88. The company issued revenue guidance of $12.2-12.6 billion, compared to the consensus revenue estimate of $12.83 billion.

What price target have analysts set for PWR?

8 analysts have issued 1-year target prices for Quanta Services' stock. Their forecasts range from $38.00 to $52.00. On average, they expect Quanta Services' stock price to reach $45.63 in the next twelve months. This suggests a possible upside of 52.9% from the stock's current price. View analysts' price targets for Quanta Services.

Has Quanta Services been receiving favorable news coverage?

Headlines about PWR stock have trended extremely negative on Sunday, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Quanta Services earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutQuanta Services.

Are investors shorting Quanta Services?

Quanta Services saw a increase in short interest in February. As of February 28th, there was short interest totaling 6,820,000 shares, an increase of 10.2% from the February 13th total of 6,190,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the days-to-cover ratio is currently 4.7 days. Currently, 4.9% of the shares of the company are short sold. View Quanta Services' Current Options Chain.

Who are some of Quanta Services' key competitors?

What other stocks do shareholders of Quanta Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Quanta Services investors own include Skyworks Solutions (SWKS), Laredo Petroleum (LPI), Teekay Tankers (TNK), Exxon Mobil (XOM), Cisco Systems (CSCO), Intel (INTC), UnitedHealth Group (UNH), General Electric (GE), Home Depot (HD) and IBM (IBM).

Who are Quanta Services' key executives?

Quanta Services' management team includes the following people:
  • Mr. Earl C. Austin Jr., Pres, CEO, COO & Director (Age 49)
  • Mr. Derrick A. Jensen CPA, Chief Financial Officer (Age 48)
  • Mr. Donald C. Wayne, Exec. VP & Gen. Counsel (Age 52)
  • Mr. Jesse E. Morris, Exec. VP of Fin. & Pres of Infrastructure Solutions (Age 51)
  • Mr. Paul Craig Gregory, Pres of Pipeline & Industrial Division and Chief Strategy Officer (Age 55)

What is Quanta Services' stock symbol?

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

Who are Quanta Services' major shareholders?

Quanta Services' stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (3.29%), Bank of New York Mellon Corp (2.92%), Lyrical Asset Management LP (2.84%), Alliancebernstein L.P. (1.71%), Geode Capital Management LLC (1.58%) and Rothschild & Co. Asset Management US Inc. (1.52%). Company insiders that own Quanta Services stock include Bernard Fried, Derrick A Jensen, Donald Wayne, Dorothy Upperman, Earl C Jr Austin, James Redgie Probst, Jerry K Lemon and Vincent D Foster. View institutional ownership trends for Quanta Services.

Which institutional investors are selling Quanta Services stock?

PWR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Greenhaven Associates Inc., NWQ Investment Management Company LLC, Prudential Financial Inc., AQR Capital Management LLC, Point72 Asset Management L.P., and Oxford Asset Management LLP. Company insiders that have sold Quanta Services company stock in the last year include Donald Wayne, Dorothy Upperman, James Redgie Probst, and Jerry K Lemon. View insider buying and selling activity for Quanta Services.

Which institutional investors are buying Quanta Services stock?

PWR stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Norges Bank, Goldman Sachs Group Inc., MUFG Securities EMEA plc, Artisan Partners Limited Partnership, Macquarie Group Ltd., Macquarie Group Ltd., and Spyglass Capital Management LLC. Company insiders that have bought Quanta Services stock in the last two years include Derrick A Jensen, Earl C Jr Austin, and Vincent D Foster. View insider buying and selling activity for Quanta Services.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Quanta Services' stock price today?

One share of PWR stock can currently be purchased for approximately $29.84.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $4.25 billion and generates $12.11 billion in revenue each year. The construction company earns $402.04 million in net income (profit) each year or $3.05 on an earnings per share basis. Quanta Services employs 40,300 workers across the globe. View additional information about Quanta Services.

What is Quanta Services' official website?

The official website for Quanta Services is http://www.quantaservices.com/.

How can I contact Quanta Services?

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]


MarketBeat Community Rating for Quanta Services (NYSE PWR)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  498 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  853
MarketBeat's community ratings are surveys of what our community members think about Quanta Services and other stocks. Vote "Outperform" if you believe PWR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PWR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel