NYSE:PWR - Quanta Services Stock Price, Price Target & More

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

Quanta Services announced that its Board of Directors has initiated a stock buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Quanta Services Inc (NYSE:PWR) issued its quarterly earnings data on Thursday, May, 3rd. The construction company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.14. The construction company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.08 billion. Quanta Services had a return on equity of 7.57% and a net margin of 3.14%. Quanta Services's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.39 EPS. View Quanta Services' Earnings History.

Quanta Services is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Quanta Services.

Quanta Services issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $2.55-$2.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.60. The company issued revenue guidance of $9.95-$10.55 billion, compared to the consensus revenue estimate of $10.11 billion.

12 brokers have issued 12-month price targets for Quanta Services' stock. Their predictions range from $42.00 to $53.00. On average, they expect Quanta Services' share price to reach $46.00 in the next year. This suggests a possible upside of 36.6% from the stock's current price. View Analyst Ratings for Quanta Services.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Quanta Services include Lennar (LEN), Vulcan Materials (VMC), HEIDELBERGCEMEN/ADR (HDELY), D. R. Horton (DHI), FERROVIAL S A/ADR (FRRVY), Lennar Co. Class B (LEN.B), Martin Marietta Materials (MLM), United Rentals (URI), Rollins (ROL), Masco (MAS), SEKISUI HOUSE L/S (SKHSY), NVR (NVR), PERSIMMON/ADR (PSMMY), Cemex SAB de CV (CX) and Jacobs Engineering Group (JEC).

News coverage about PWR stock has trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quanta Services earned a news impact score of 0.28 on Accern's scale. They also assigned media stories about the construction company an impact score of 45.74 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Quanta Services' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.63%), Hexavest Inc. (0.60%), Copper Rock Capital Partners LLC (0.51%), Neville Rodie & Shaw Inc. (0.21%), NN Investment Partners Holdings N.V. (0.04%) and State of Alaska Department of Revenue (0.02%). 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.

PWR stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Copper Rock Capital Partners LLC, New England Research & Management Inc. and Radnor Capital Management LLC. Company insiders that have sold Quanta Services company stock in the last year include Jerry K Lemon, John Michal Conaway, Patrick Wood III and Randall C Wisenbaker. View Insider Buying and Selling for Quanta Services.

PWR stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Dalton Greiner Hartman Maher & Co., Clinton Group Inc., Neville Rodie & Shaw Inc., Sanders Morris Harris LLC, Newman Dignan & Sheerar Inc., State of Alaska Department of Revenue and Fulton Bank N.A.. View Insider Buying and Selling for 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.

One share of PWR stock can currently be purchased for approximately $33.68.

Quanta Services has a market capitalization of $5.04 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.

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]