About Quanta Services (NYSE:PWR)
Quanta Services, Inc. is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power and oil and gas industries in the United States, Canada and Australia and selected other international markets. The Company operates through two segments: Electric Power Infrastructure Services, which provides network solutions to customers in the electric power industry, and Oil and Gas Infrastructure Services, which provides network solutions to customers involved in the development and transportation of natural gas, oil and other pipeline products. The services it provides include the design, installation, upgrade, repair and maintenance of infrastructure within each of the industries it serves, such as electric power transmission and distribution networks, substation facilities, renewable energy facilities, pipeline transmission and distribution systems and facilities, and infrastructure services for the offshore and inland water energy markets.
Industry, Sector and Symbol
Industry CONSTRUCT/BLDG SERV
Sub-IndustryConstruction & Engineering
Trailing P/E Ratio17.195
Forward P/E Ratio14.27
Sales & Book Value
Annual Sales$9.47 billion
Price / Sales0.56
Cash Flow$3.14 per share
Price / Cash10.94
Book Value$24.53 per share
Price / Book1.40
Net Income$314.97 million
Return on Equity7.75%
Return on Assets4.58%
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 will Quanta Services' stock buyback program work?
Quanta Services declared that its Board of Directors has authorized a share buyback program 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 purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
How were Quanta Services' earnings last quarter?
Quanta Services Inc (NYSE:PWR) announced its quarterly earnings data on Thursday, February, 22nd. The construction company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.01. The construction company earned $2.48 billion during the quarter, compared to analyst estimates of $2.34 billion. Quanta Services had a return on equity of 7.75% and a net margin of 3.33%. The business's quarterly revenue was up 17.8% compared to the same quarter last year. During the same period last year, the firm posted $0.56 EPS. View Quanta Services' Earnings History.
When will Quanta Services make its next earnings announcement?
What guidance has Quanta Services issued on next quarter's earnings?
Quanta Services updated its FY18 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of $2.40-2.80 for the period, compared to the Thomson Reuters consensus estimate of $2.50. The company issued revenue guidance of $9.75-$10.25 billion, compared to the consensus revenue estimate of $10.02 billion.
Where is Quanta Services' stock going? Where will Quanta Services' stock price be in 2018?
12 brokerages have issued twelve-month price targets for Quanta Services' shares. Their forecasts range from $42.00 to $53.00. On average, they anticipate Quanta Services' share price to reach $46.00 in the next twelve months. View Analyst Ratings for Quanta Services.
Are investors shorting Quanta Services?
Quanta Services saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,791,480 shares, an increase of 47.7% from the February 15th total of 1,889,952 shares. Based on an average daily volume of 1,935,385 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.8% of the company's shares are short sold.
Who are some of Quanta Services' key competitors?
Some companies that are related to Quanta Services include Jacobs Engineering Group (JEC), PulteGroup (PHM), Fluor (FLR), Servicemaster Global (SERV), Toll Brothers (TOL), Thor Industries (THO), SPIRAX-SARCO ENG (SPXSF), Weir Group (WEGRY), Aecom (ACM), Gates Industrial (GTES), Babcock Intl Group (BCKIY), Emcor Group (EME), IMI (IMIAY), MasTec (MTZ), ROTORK (RTOXY), Dycom Industries (DY), Taylor Morrison Home (TMHC) and Loma Negra (LOMA).
Who are Quanta Services' key executives?
Quanta Services' management team includes the folowing people:
- Earl C. Austin Jr., President, Chief Executive Officer, Chief Operating Officer, Director (Age 47)
- Derrick A. Jensen, Chief Financial Officer (Age 46)
- Paul C. Gregory, President – Oil and Gas Division and Chief Strategy Officer (Age 53)
- Jesse E. Morris, President – Infrastructure Solutions and Executive Vice President – Corporate Development (Age 49)
- Randall C. Wisenbaker, Executive Vice President – Operations (Age 51)
- Jerry K. Lemon, Chief Accounting Officer (Age 56)
- Nicholas M. Grindstaff, Vice President - Finance, Treasurer (Age 54)
- Kip Rupp, Vice President, IR Contact Officer
- Dorothy Upperman CPA, Vice President - Tax (Age 54)
- Doyle N. Beneby, Independent Director (Age 57)
Has Quanta Services been receiving favorable news coverage?
Media headlines about PWR stock have been trending somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Quanta Services earned a daily sentiment score of 0.11 on Accern's scale. They also assigned headlines about the construction company an impact score of 46.36 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Quanta Services' major shareholders?
Quanta Services' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.74%), Victory Capital Management Inc. (4.23%), Bank of New York Mellon Corp (3.91%), Jennison Associates LLC (2.19%), Kovitz Investment Group Partners LLC (1.73%) and Alliancebernstein L.P. (1.51%). Company insiders that own Quanta Services stock include John Michal Conaway, Nicholas M Grindstaff, Patrick Wood III and Randall C Wisenbaker. View Institutional Ownership Trends for Quanta Services.
Which major investors are selling Quanta Services stock?
PWR stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Millennium Management LLC, TIAA CREF Investment Management LLC, Guggenheim Capital LLC, Hood River Capital Management LLC, Two Sigma Advisers LP, Daiwa Securities Group Inc. and Capital Fund Management S.A.. Company insiders that have sold Quanta Services company stock in the last year include John Michal Conaway, Patrick Wood III and Randall C Wisenbaker. View Insider Buying and Selling for Quanta Services.
Which major investors are buying Quanta Services stock?
PWR stock was bought by a variety of institutional investors in the last quarter, including Tide Point Capital Management LP, Jennison Associates LLC, Caxton Associates LP, Victory Capital Management Inc., Luminus Management LLC, Segall Bryant & Hamill LLC, Allianz Asset Management GmbH and Dalton Greiner Hartman Maher & Co.. 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 $34.39.
How big of a company is Quanta Services?
Quanta Services has a market capitalization of $5.40 billion and generates $9.47 billion in revenue each year. The construction company earns $314.97 million in net income (profit) each year or $2.00 on an earnings per share basis. Quanta Services employs 32,800 workers across the globe.
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 (PWR)MarketBeat's community ratings are surveys of what our community members think about Quanta Services and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Quanta Services (NYSE:PWR) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.92||2.90||2.90||2.78|
|Ratings Breakdown: ||0 Sell Rating(s)|
1 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$46.00||$46.30||$45.22||$42.00|
|Price Target Upside: ||33.76% upside||33.20% upside||18.10% upside||18.31% upside|
Quanta Services (NYSE:PWR) Consensus Price Target History
Quanta Services (NYSE:PWR) Analyst Ratings History
(Data available from 3/22/2016 forward)
Quanta Services (NYSE:PWR) Earnings History and Estimates Chart
Quanta Services (NYSE PWR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/22/2018||Q4 2017||$0.44||$0.45||$2.34 billion||$2.48 billion||View||N/A|
|11/2/2017||Q3 2017||$0.61||$0.63||$2.30 billion||$2.61 billion||View||N/A|
|8/3/2017||Q2 2017||$0.53||$0.50||$2.13 billion||$2.20 billion||View||Listen|
|5/4/2017||Q1 17||$0.38||$0.39||$2.01 billion||$2.18 billion||View||Listen|
|2/21/2017||Q416||$0.57||$0.56||$2.15 billion||$2.10 billion||View||Listen|
|11/3/2016||Q316||$0.55||$0.55||$2.08 billion||$2.04 billion||View||N/A|
|8/4/2016||Q216||$0.36||$0.18||$1.86 billion||$1.15 billion||View||N/A|
|5/5/2016||Q116||$0.26||$0.23||$1.74 billion||$1.71 billion||View||N/A|
|2/25/2016||Q415||$0.28||$0.30||$1.78 billion||$1.09 billion||View||Listen|
|11/5/2015||Q315||$0.29||$0.27||$1.95 billion||$1.94 billion||View||N/A|
|8/5/2015||Q215||$0.44||$0.26||$2.00 billion||$1.87 billion||View||N/A|
|4/30/2015||Q1 15||$0.41||$0.31||$1.86 billion||$1.89 billion||View||N/A|
|2/19/2015||Q414||$0.51||$0.51||$1.98 billion||$2.05 billion||View||N/A|
|11/5/2014||Q314||$0.57||$0.61||$2.04 billion||$2.17 billion||View||N/A|
|7/31/2014||Q214||$0.41||$0.43||$1.80 billion||$1.80 billion||View||N/A|
|5/1/2014||Q114||$0.37||$0.44||$1.72 billion||$1.76 billion||View||N/A|
|2/20/2014||Q413||$0.40||$0.50||$1.71 billion||$1.82 billion||View||N/A|
|10/31/2013||Q313||$0.40||$0.46||$1.69 billion||$1.65 billion||View||N/A|
|8/1/2013||Q2 2013||$0.34||$0.38||$1.51 billion||$1.47 billion||View||N/A|
|5/2/2013||Q1 2013||$0.29||$0.38||$1.40 billion||$1.59 billion||View||Listen|
|2/21/2013||Q4 2012||$0.35||$0.51||$1.59 billion||$1.67 billion||View||Listen|
|10/31/2012||Q312||$0.36||$0.48||$1.65 billion||$1.69 billion||View||N/A|
Quanta Services (NYSE:PWR) Earnings Estimates
2018 EPS Consensus Estimate: $2.25
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Quanta Services (NYSE:PWR)
No dividend announcements for this company have been tracked by MarketBeat.com
Quanta Services (NYSE PWR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.75%
Institutional Ownership Percentage: 86.29%
Quanta Services (NYSE PWR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/30/2017||Randall C Wisenbaker||EVP||Sell||9,000||$35.15||$316,350.00||34,797|| |
|8/23/2017||Patrick Wood III||Director||Sell||4,000||$34.51||$138,040.00||7,506|| |
|8/10/2017||John Michal Conaway||Director||Sell||4,000||$35.79||$143,160.00||17,152|| |
|2/27/2017||Nicholas M Grindstaff||VP||Sell||27,000||$38.20||$1,031,400.00||23,659|| |
|2/27/2017||Patrick Wood III||Director||Sell||5,000||$38.08||$190,400.00||11,506|| |
|12/19/2016||Randall C Wisenbaker||EVP||Sell||4,500||$35.00||$157,500.00||35,693|| |
|8/24/2016||Randall C Wisenbaker||EVP||Sell||5,121||$26.36||$134,989.56||40,193|| |
|5/7/2015||John Michal Conaway||Director||Sell||9,000||$28.12||$253,080.00|| |
|12/2/2014||Bruce E Ranck||Director||Buy||10,000||$29.16||$291,600.00|| |
|8/19/2014||Bernard Fried||Director||Sell||4,000||$35.38||$141,520.00|| |
|8/14/2014||Wilson M Jr. Yancey||VP||Sell||1,438||$35.01||$50,344.38|| |
|6/5/2014||John Michal Conaway||Director||Sell||2,400||$33.87||$81,288.00|| |
|6/4/2014||Patrick Wood III||Director||Sell||5,000||$33.56||$167,800.00|| |
|3/6/2014||James /Tx/ Ball||Director||Sell||5,000||$36.14||$180,700.00||4,845|| |
|3/3/2014||James /Tx/ Ball||Director||Sell||5,000||$35.32||$176,600.00||4,845|| |
|12/19/2013||Peter O'brien||VP||Sell||2,626||$30.18||$79,252.68||11,533|| |
|11/7/2013||John Michal Conaway||Director||Sell||4,000||$29.98||$119,920.00||23,015|| |
|5/14/2013||James R /Tx/ Ball||Director||Sell||7,112||$29.22||$207,812.64|| |
|2/27/2013||John Michal Conaway||Director||Sell||4,500||$28.01||$126,045.00|| |
|11/27/2012||James R /Tx/ Ball||Director||Sell||10,000||$25.56||$255,600.00|| |
|11/26/2012||Daniel J Shapiro||Insider||Sell||2,580||$25.60||$66,048.00|| |
|11/26/2012||Ralph R Disibio||Director||Sell||13,000||$25.56||$332,280.00|| |
|8/10/2012||Darren B Miller||VP||Sell||10,868||$24.51||$266,374.68|| |
Quanta Services (NYSE PWR) News Headlines
Quanta Services (NYSE:PWR) SEC Filings
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Quanta Services (NYSE:PWR) Income Statement, Balance Sheet and Cash Flow Statement
Quanta Services (NYSE PWR) Stock Chart for Thursday, March, 22, 2018