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

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$37.54 +0.13 (+0.35 %)
(As of 03/19/2019 01:02 PM ET)
Previous Close$37.41
Today's Range$37.43 - $37.95
52-Week Range$27.90 - $37.65
Volume600,335 shs
Average Volume1.62 million shs
Market Capitalization$5.31 billion
P/E Ratio14.84
Dividend Yield0.43%
Quanta Services, Inc. provides specialty contracting services to the electric power, communication, and oil and gas industries in the United States, Canada, Australia, Latin America, and internationally. Its Electric Power Infrastructure Services segment provides network solutions, including the design, installation, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure, and substation facilities, as well as other engineering and technical services. It also provides emergency restoration services, including the repair of infrastructure damaged by inclement weather. In addition, it designs, installs, and maintains renewable energy generation facilities comprising solar, wind, and various types of natural gas generation facilities, as well as related switchyards and transmission infrastructure; constructs electric power generation facilities; designs, installs, maintains, and repairs commercial and industrial wiring; and installs traffic networks, and cable and control systems for light rail lines. The company's Oil and Gas Infrastructure Services segment provides network solutions to customers involved in the development, transportation, storage, and processing of natural gas, oil, and other pipeline products. Its services include the design, installation, repair, and maintenance of pipeline transmission and distribution systems, gathering systems, production systems, storage systems, and compressor and pump stations, as well as related trenching, directional boring, and mechanized welding services. This segment also provides pipeline protection, integrity testing, rehabilitation and replacement, and fabrication of pipeline support systems and related structures and facilities, as well as services for the offshore and inland water energy markets; and designs, installs, and maintains fueling systems, as well as water and sewer infrastructure. Quanta Services, Inc. was founded in 1997 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Electrical work
Sub-IndustryConstruction & Engineering



Sales & Book Value

Annual Sales$11.17 billion
Cash Flow$4.3906 per share
Book Value$24.69 per share


Net Income$293.35 million


Market Cap$5.31 billion
Next Earnings Date5/2/2019 (Estimated)

Quanta Services (NYSE:PWR) Frequently Asked Questions

What is Quanta Services' stock symbol?

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

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

Quanta Services announced a quarterly dividend on Friday, December 7th. Stockholders of record on Wednesday, January 2nd will be paid a dividend of $0.04 per share on Wednesday, January 16th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Monday, December 31st. View Quanta Services' Dividend History.

How will Quanta Services' stock buyback program work?

Quanta Services declared that its board has initiated a share repurchase program on Tuesday, September 4th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were Quanta Services' earnings last quarter?

Quanta Services Inc (NYSE:PWR) released its quarterly earnings data on Thursday, February, 21st. The construction company reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.90 by $0.06. The construction company had revenue of $3.11 billion for the quarter, compared to analysts' expectations of $2.94 billion. Quanta Services had a net margin of 2.63% and a return on equity of 10.63%. Quanta Services's revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 earnings per share. View Quanta Services' Earnings History.

When is Quanta Services' next earnings date?

Quanta Services is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Quanta Services.

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

Quanta Services issued an update on its FY19 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of $3.30-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.15. The company issued revenue guidance of $10.8-11.2 billion, compared to the consensus revenue estimate of $11.32 billion.Quanta Services also updated its FY 2019 guidance to $3.30-3.75 EPS.

What price target have analysts set for PWR?

4 analysts have issued 12-month price objectives for Quanta Services' shares. Their forecasts range from $39.00 to $47.00. On average, they anticipate Quanta Services' share price to reach $43.00 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for Quanta Services.

What is the consensus analysts' recommendation for Quanta Services?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Quanta Services.

What are Wall Street analysts saying about Quanta Services stock?

Here are some recent quotes from research analysts about Quanta Services stock:
  • 1. According to Zacks Investment Research, "Quanta Services ended 2018 on an impressive note, backed by strong base business activity. The company’s fourth-quarter 2018 adjusted earnings and revenues topped the respective Zacks Consensus Estimate by 5.5%. Earnings grew considerably by 113.3% from a year ago on 25.6% revenue growth, backed by strong base business activity and solid execution of its projects. EBITDA increased 27% from a year ago in 2018, surpassing $900 million for the first time in its history. The company ended the year with a record backlog of about $12.3 billion that includes record 12-month and total backlog for its Electric Power segment. The stock has outperformed the broader market over the past six months. However, project delays and seasonal impact on its performance remain causes of concern." (2/25/2019)
  • 2. Cfra analysts commented, "Revenues increased 24% in 2017, due to large projects and acquisitions. In 2018, we see 10.5%-11.0% growth, supported by increased seasonal activity in the second half of 2018, record backlog and a robust project pipeline continuing into 2019. Backlog was $11.5 billion as of 1.4% sequentially. In Q2, revenue increased 20.7%. Electronic Power revenue increased 20.7% due to consumer spending on electric transmission projects." (9/6/2018)

Has Quanta Services been receiving favorable news coverage?

Press coverage about PWR stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Quanta Services earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the near term.

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), Exxon Mobil (XOM), Gilead Sciences (GILD), UnitedHealth Group (UNH), TriQuint Semiconductor (TQNT), Wells Fargo & Co (WFC), Intel (INTC), Ford Motor (F), Applied Materials (AMAT) and Citigroup (C).

Who are Quanta Services' key executives?

Quanta Services' management team includes the folowing 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, Pres of Infrastructure Solutions & Exec. VP of Corp. Devel. (Age 51)
  • Mr. Paul Craig Gregory, Pres of Oil & Gas Division and Chief Strategy Officer (Age 55)

Who are Quanta Services' major shareholders?

Quanta Services' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.14%), Victory Capital Management Inc. (4.53%), Bank of New York Mellon Corp (4.09%), Dimensional Fund Advisors LP (3.46%), Peconic Partners LLC (2.53%) and Millennium Management LLC (2.04%). Company insiders that own Quanta Services stock include Derrick A Jensen, Donald Wayne, Earl C Jr Austin, Jerry K Lemon, John Michal Conaway, Patrick Wood III, Randall C Wisenbaker 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 Two Sigma Investments LP, WMS Partners LLC, First Trust Advisors LP, Bank of New York Mellon Corp, Segall Bryant & Hamill LLC, Bank of America Corp DE, Bank of Nova Scotia and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Quanta Services company stock in the last year include Donald Wayne and Jerry K Lemon. View Insider Buying and Selling 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 Norges Bank, Peconic Partners LLC, Victory Capital Management Inc., Millennium Management LLC, Great West Life Assurance Co. Can, Suffolk Capital Management LLC, BlackRock Inc. and Centre Asset 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 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, Scottrade, Fidelity and Charles Schwab.

What is Quanta Services' stock price today?

One share of PWR stock can currently be purchased for approximately $37.54.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $5.31 billion and generates $11.17 billion in revenue each year. The construction company earns $293.35 million in net income (profit) each year or $2.53 on an earnings per share basis. Quanta Services employs 39,200 workers across the globe.

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:  3.0 out of 5 (star star star)
Outperform Votes:  419 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  703
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 3/19/2019 by MarketBeat.com Staff

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