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Quanta Services Stock Forecast, Price & News

+0.24 (+0.34 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $69.93
50-Day Range
MA: $64.34
52-Week Range
Now: $69.93
Volume400,907 shs
Average Volume1.45 million shs
Market Capitalization$9.71 billion
P/E Ratio27.97
Dividend Yield0.29%
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. It serves electric power, energy, and communications companies, as well as commercial, industrial, and governmental entities. The company was founded in 1997 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.90 out of 5 stars

Industry, Sector and Symbol

Industry Electrical work
Sub-IndustryConstruction & Engineering



Sales & Book Value

Annual Sales$12.11 billion
Cash Flow$5.82 per share
Book Value$28.49 per share


Net Income$402.04 million


Market Cap$9.71 billion
Next Earnings Date2/25/2021 (Estimated)
+0.24 (+0.34 %)
(As of 11/27/2020 12:00 AM ET)
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Quanta Services (NYSE:PWR) Frequently Asked Questions

How has Quanta Services' stock price been impacted by Coronavirus?

Quanta Services' stock was trading at $32.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PWR stock has increased by 114.9% and is now trading at $69.93.
View which stocks have been most impacted by COVID-19

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Quanta Services
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Quanta Services?

Wall Street analysts have given Quanta Services a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Quanta Services wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Quanta Services' next earnings date?

Quanta Services is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
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, October, 29th. The construction company reported $1.40 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.09 by $0.31. The construction company had revenue of $3.02 billion for the quarter, compared to analysts' expectations of $3.01 billion. Quanta Services had a net margin of 3.13% and a return on equity of 11.02%. The company's quarterly revenue was down 9.9% compared to the same quarter last year. During the same period last year, the firm posted $1.14 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 quarterly dividend on Thursday, August 27th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.05 per share on Thursday, October 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date is Wednesday, September 30th.
View Quanta Services' dividend history

How will Quanta Services' stock buyback program work?

Quanta Services declared that its Board of Directors has authorized a share buyback program on Thursday, August 6th 2020, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

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

Quanta Services issued an update on its FY20 earnings guidance on Thursday, October, 29th. The company provided earnings per share guidance of $3.52 to $3.64 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.35. The company issued revenue guidance of $11.10 billion to $11.30 billion, compared to the consensus revenue estimate of $11.23 billion.

What price target have analysts set for PWR?

11 Wall Street analysts have issued 12 month price targets for Quanta Services' stock. Their forecasts range from $44.00 to $78.00. On average, they expect Quanta Services' share price to reach $59.00 in the next year. This suggests that the stock has a possible downside of 15.6%.
View analysts' price targets for Quanta Services

Are investors shorting Quanta Services?

Quanta Services saw a decrease in short interest in October. As of October 30th, there was short interest totaling 2,350,000 shares, a decrease of 25.2% from the October 15th total of 3,140,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.7% of the shares of the stock are short sold.
View Quanta Services' Short Interest

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), Advanced Micro Devices (AMD), Johnson & Johnson (JNJ), Cisco Systems (CSCO), NVIDIA (NVDA), QUALCOMM (QCOM), Verizon Communications (VZ), Gilead Sciences (GILD), AT&T (T) and Pfizer (PFE).

Who are Quanta Services' key executives?

Quanta Services' management team includes the following people:
  • Mr. Earl C. Austin Jr., Pres, CEO, COO & Director (Age 50, Pay $3.08M)
  • Mr. Derrick A. Jensen CPA, Chief Financial Officer (Age 49, Pay $1.66M)
  • Mr. Donald C. Wayne, Exec. VP & Gen. Counsel (Age 53, Pay $1.25M)
  • Mr. Redgie Probst, Pres of Electric Power Division (Age 43, Pay $1.33M)
  • Mr. Paul Craig Gregory, Pres of Pipeline & Industrial Division and Chief Strategy Officer (Age 56, Pay $2.06M)
  • Mr. Jerry K. Lemon, Chief Accounting Officer (Age 60)
  • Mr. Kip A. Rupp CFA, VP of Investor Relations
  • Ms. Jayshree Desai, Chief Corp. Devel. Officer (Age 48)
  • Mr. Nicholas M. Grindstaff, VP of Fin. & Treasurer (Age 57)
  • Ms. Carolyn M. Campbell, Corp. Sec. (Age 58)

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.40%), State Street Corp (3.31%), Massachusetts Financial Services Co. MA (2.39%), Kovitz Investment Group Partners LLC (1.66%), AQR Capital Management LLC (1.12%) and Neuberger Berman Group LLC (0.99%). 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, John Michal Conaway 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 BlackRock Inc., Rothschild & Co. Asset Management US Inc., Massachusetts Financial Services Co. MA, Greenhaven Associates Inc., Jennison Associates LLC, Kovitz Investment Group Partners LLC, Los Angeles Capital Management & Equity Research Inc., and Dalton Greiner Hartman Maher & Co.. Company insiders that have sold Quanta Services company stock in the last year include Donald Wayne, and Dorothy Upperman.
View insider buying and selling activity 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 Mackay Shields LLC, Thornburg Investment Management Inc., Public Sector Pension Investment Board, AJO LP, Key Group Holdings Cayman LTD., AQR Capital Management LLC, Morgan Stanley, and Goodman Financial Corp. Company insiders that have bought Quanta Services stock in the last two years include Derrick A Jensen, Earl C Jr Austin, John Michal Conaway, 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 $69.93.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $9.71 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.

What is Quanta Services' official website?

The official website for Quanta Services is 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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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