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

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$34.42 +0.14 (+0.41 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$34.42
Today's Range$33.94 - $34.57
52-Week Range$30.25 - $40.10
Volume1.08 million shs
Average Volume1.50 million shs
Market Capitalization$4.93 billion
P/E Ratio19.34
Dividend YieldN/A
Beta0.84
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

Stock Exchange NYSE
Industry Electrical work
Sub-IndustryConstruction & Engineering
SectorConstruction
Current SymbolNYSE:PWR
Previous Symbol
CUSIP74762E10
Phone713-629-7600

Debt

Debt-to-Equity Ratio0.25
Current Ratio1.86
Quick Ratio1.81

Price-To-Earnings

Trailing P/E Ratio19.34
Forward P/E Ratio13.71
P/E Growth1.67

Sales & Book Value

Annual Sales$9.47 billion
Price / Sales0.53
Cash Flow$3.2719 per share
Price / Cash10.52
Book Value$26.19 per share
Price / Book1.31

Profitability

EPS (Most Recent Fiscal Year)$1.78
Net Income$314.97 million
Net Margins3.32%
Return on Equity8.57%
Return on Assets4.73%

Miscellaneous

Employees32,800
Outstanding Shares146,030,000
Market Cap$4.93 billion
OptionableOptionable

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 stock buyback program on Tuesday, September 4th 2018, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.7% of its stock through open market purchases. Stock 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, November, 1st. The construction company reported $0.88 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.97 by $0.09. The construction company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.93 billion. Quanta Services had a return on equity of 8.57% and a net margin of 3.32%. The company's quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the company posted $0.63 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, February 28th 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 FY18 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $2.70-2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.74. The company issued revenue guidance of $10.95-11.05 billion, compared to the consensus revenue estimate of $10.59 billion.

What price target have analysts set for PWR?

10 analysts have issued twelve-month price targets for Quanta Services' stock. Their predictions range from $39.00 to $53.00. On average, they anticipate Quanta Services' stock price to reach $45.7778 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price. View Analyst Price Targets for Quanta Services.

What is the consensus analysts' recommendation for Quanta Services?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 1 hold rating and 9 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, "Shares of Quanta Services has outperformed the industry in past one-year time frame. The company expects a strong rebound in its end markets as it enters a renewed multiyear up-cycle for businesses. Also, its communications infrastructure services business is anticipated to benefit from present industry trends. Quanta Services is actively pursuing opportunities with various U.S. telecom and cable MSOs. Moreover, Quanta Services is experiencing solid prospects in its electric power segment. Earnings estimates for 2018 and 2019 have remained unchanged over the past 30 days. However, softer-than-expected margin performance of the oil and gas segment (down 350 bps in the second quarter) due to harsh weather conditions raises concern. Also, lower contribution of a larger project also added to the woes." (11/14/2018)
  • 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 trended positive this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Quanta Services earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned media headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Quanta Services' key competitors?

Who are Quanta Services' key executives?

Quanta Services' management team includes the folowing people:
  • Mr. Earl C. Austin Jr., Pres, CEO, COO & Director (Age 48)
  • Mr. Derrick A. Jensen CPA, Chief Financial Officer (Age 47)
  • Mr. Donald C. Wayne, Exec. VP & Gen. Counsel (Age 51)
  • Mr. Jesse E. Morris, Pres of Infrastructure Solutions & Exec. VP of Corp. Devel. (Age 50)
  • Mr. Paul Craig Gregory, Pres of Oil & Gas Division and Chief Strategy Officer (Age 54)

Who are Quanta Services' major shareholders?

Quanta Services' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.89%), Bank of New York Mellon Corp (4.30%), Victory Capital Management Inc. (4.18%), Dimensional Fund Advisors LP (3.51%), Kovitz Investment Group Partners LLC (1.87%) and Greenhaven Associates Inc. (1.73%). 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.

Which major investors are selling Quanta Services stock?

PWR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Jennison Associates LLC, Russell Investments Group Ltd., Deutsche Bank AG, Suffolk Capital Management LLC, Renaissance Technologies LLC, AQR Capital Management LLC and Dalton Greiner Hartman Maher & Co.. View Insider Buying and Selling for Quanta Services.

Which major investors are buying Quanta Services stock?

PWR stock was purchased by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Hexavest Inc., Prudential Financial Inc., The Manufacturers Life Insurance Company , Sanders Morris Harris LLC, Man Group plc, Fuller & Thaler Asset Management Inc. and Phocas Financial Corp.. 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 $34.42.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $4.93 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.

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:  402 (Vote Outperform)
Underperform Votes:  267 (Vote Underperform)
Total Votes:  669
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 11/17/2018 by MarketBeat.com Staff

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