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

$33.41
-0.07 (-0.21 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$32.99
Now: $33.41
$33.97
50-Day Range
$32.32
MA: $35.92
$38.64
52-Week Range
$27.90
Now: $33.41
$41.00
Volume1.35 million shs
Average Volume1.40 million shs
Market Capitalization$4.75 billion
P/E Ratio13.21
Dividend Yield0.48%
Beta1.17
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.17 billion
Cash Flow$4.3903 per share
Book Value$26.56 per share

Profitability

Net Income$293.35 million

Miscellaneous

Employees39,200
Market Cap$4.75 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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, May 24th. Stockholders of record on Monday, July 1st will be given a dividend of $0.04 per share on Monday, July 15th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Friday, June 28th. View Quanta Services' Dividend History.

How will Quanta Services' stock buyback program work?

Quanta Services announced that its Board of Directors has authorized a stock repurchase program on Tuesday, September 4th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

How were Quanta Services' earnings last quarter?

Quanta Services Inc (NYSE:PWR) announced its earnings results on Thursday, August, 1st. The construction company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.45. The construction company earned $2.84 billion during the quarter, compared to analysts' expectations of $2.89 billion. Quanta Services had a return on equity of 11.41% and a net margin of 2.80%. Quanta Services's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 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, November 7th 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 FY 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of $2.99-3.33 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.61. The company issued revenue guidance of $11.5-11.9 billion, compared to the consensus revenue estimate of $11.42 billion.

What price target have analysts set for PWR?

7 equities research analysts have issued 12 month price targets for Quanta Services' stock. Their forecasts range from $39.00 to $48.00. On average, they expect Quanta Services' share price to reach $43.20 in the next year. This suggests a possible upside of 29.3% from the stock's current price. View Analyst Price Targets for Quanta Services.

What is the consensus analysts' recommendation for Quanta Services?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 2 hold ratings and 5 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?

Media stories about PWR stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Quanta Services earned a news impact score of 2.5 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Quanta Services.

Are investors shorting Quanta Services?

Quanta Services saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,284,100 shares, an increase of 15.2% from the June 30th total of 2,849,900 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.4% of the company's stock 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), Celgene (CELG), Gilead Sciences (GILD), Intel (INTC), Blackstone Group (BX), Applied Materials (AMAT) and TriQuint Semiconductor (TQNT).

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, 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)

Who are Quanta Services' major shareholders?

Quanta Services' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.69%), BlackRock Inc. (7.63%), BlackRock Inc. (7.63%), Victory Capital Management Inc. (3.56%), Lyrical Asset Management LP (3.12%) and Bank of New York Mellon Corp (2.98%). Company insiders that own Quanta Services stock include Bernard Fried, Derrick A Jensen, Donald Wayne, Earl C Jr Austin, James Redgie Probst, Jerry K Lemon, 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 Bank of New York Mellon Corp, Pictet Asset Management Ltd., Pictet Asset Management Ltd., Royal Bank of Canada, Dalton Greiner Hartman Maher & Co., Vanguard Group Inc., Wells Fargo & Company MN and Jennison Associates LLC. Company insiders that have sold Quanta Services company stock in the last year include Bernard Fried, Donald Wayne and James Redgie Probst. View Insider Buying and Selling for Quanta Services.

Which institutional investors are buying Quanta Services stock?

PWR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Rothschild & Co. Asset Management US Inc., Nuveen Asset Management LLC, Prudential Financial Inc., AQR Capital Management LLC, Renaissance Technologies LLC and Bank of Montreal Can. 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 $33.41.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $4.75 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.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:  3.0 out of 5 (star star star)
Outperform Votes:  451 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  759
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 8/23/2019 by MarketBeat.com Staff

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