NYSE:PWRQuanta Services Stock Price, Forecast & News

$39.35

+1.42 (+3.74 %)

(As of 06/2/2020 12:21 PM ET)

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Today's Range

$38.01

Now: $39.35▼

$39.39

50-Day Range

$30.33

MA: $34.02▼

$37.28

52-Week Range

$23.77

Now: $39.35▼

$44.09

Volume66,753 shs

Average Volume1.31 million shs

Market Capitalization$5.42 billion

P/E Ratio18.13

Dividend Yield0.54%

Beta1.14

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. The company serves electric power, energy, and communications companies, as well as commercial, industrial, and governmental entities. Quanta Services, Inc. was founded in 1997 and is headquartered in Houston, Texas.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Quanta Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $45.55, Quanta Services has a potential upside of 15.7% from its current price of $39.35.
Amount of Analyst Coverage
Quanta Services has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Quanta Services has received 506 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Quanta Services has received 358 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Quanta Services has received 58.56% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Quanta Services is a leading dividend payer. It pays a dividend yield of 0.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Quanta Services has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Quanta Services is 6.56 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Quanta Services will have a dividend payout ratio of 5.59 % next year. This indicates that Quanta Services will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Quanta Services insiders have sold 2,192.17% more of their company's stock than they have bought. Specifically, they have bought $12,034.00 in company stock and sold $275,840.00 in company stock.
Percentage Held by Insiders
Only 1.40% of the stock of Quanta Services is held by insiders.
Percentage Held by Institutions
92.88% of the stock of Quanta Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Quanta Services are expected to grow by 25.17% in the coming year, from $2.86 to $3.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Quanta Services is 18.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Quanta Services is 18.13, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 38.00.
Price to Earnings Growth Ratio
Quanta Services has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Quanta Services has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.77 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electrical work

Sub-IndustryConstruction & Engineering

SectorConstruction

Current SymbolNYSE:PWR

Previous Symbol

CUSIP74762E10

CIK1050915

Webwww.quantaservices.com

Phone713-629-7600

Debt

Debt-to-Equity Ratio0.47

Current Ratio1.78

Quick Ratio1.75

Price-To-Earnings

Trailing P/E Ratio18.13

Forward P/E Ratio13.76

P/E Growth0.89

Sales & Book Value

Annual Sales$12.11 billion

Price / Sales0.45

Cash Flow$5.49 per share

Price / Cash Flow7.17

Book Value$28.49 per share

Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)$3.05

Net Income$402.04 million

Net Margins2.65%

Return on Equity9.72%

Return on Assets4.51%

Miscellaneous

Employees40,300

Outstanding Shares137,650,000

Market Cap$5.42 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Quanta Services (NYSE:PWR) Frequently Asked Questions

How has Quanta Services' stock been impacted by COVID-19 (Coronavirus)?

Quanta Services' stock was trading at $32.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PWR shares have increased by 20.9% and is now trading at $39.35. View which stocks have been most impacted by Coronavirus.

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 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Quanta Services.

When is Quanta Services' next earnings date?

Quanta Services is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Quanta Services.

How were Quanta Services' earnings last quarter?

Quanta Services Inc (NYSE:PWR) released its quarterly earnings results on Thursday, May, 7th. The construction company reported $0.47 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.46 by $0.01. The construction company had revenue of $2.76 billion for the quarter, compared to analysts' expectations of $2.74 billion. Quanta Services had a return on equity of 9.72% and a net margin of 2.65%. The business's revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 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 announced a quarterly dividend on Friday, May 29th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.05 per share on Wednesday, July 15th. This represents a $0.20 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Tuesday, June 30th. View Quanta Services' dividend history.

How will Quanta Services' stock buyback program work?

Quanta Services announced that its board has approved a stock buyback program on Tuesday, September 4th 2018, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership 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, May, 7th. The company provided EPS guidance of $3.04-$3.36 for the period, compared to the Thomson Reuters consensus estimate of $3.55. The company issued revenue guidance of $11.4-11.8 billion, compared to the consensus revenue estimate of $12.20 billion.

What price target have analysts set for PWR?

11 Wall Street analysts have issued 1 year price targets for Quanta Services' stock. Their forecasts range from $41.00 to $52.00. On average, they expect Quanta Services' stock price to reach $45.55 in the next year. This suggests a possible upside of 15.7% from the stock's current price. View analysts' price targets for Quanta Services.

Has Quanta Services been receiving favorable news coverage?

Press coverage about PWR stock has been trending very positive on Tuesday, InfoTrie reports. The research firm scores the sentiment of press 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 -5 to 5, with scores closest to five being the most favorable. Quanta Services earned a media sentiment score of 3.5 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutQuanta Services.

Are investors shorting Quanta Services?

Quanta Services saw a increase in short interest in April. As of April 30th, there was short interest totaling 7,420,000 shares, an increase of 13.5% from the April 15th total of 6,540,000 shares. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 5.5% of the company's shares are sold short. View Quanta Services' Current Options Chain.

Who are some of Quanta Services' key competitors?

Some companies that are related to Quanta Services include Jacobs Engineering Group (JEC), Aecom (ACM), Emcor Group (EME), KBR (KBR), MasTec (MTZ), Fluor Co. (NEW) (FLR), Dycom Industries (DY), Comfort Systems USA (FIX), Ameresco (AMRC), Granite Construction (GVA), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Tutor Perini (TPC), Argan (AGX) and MYR Group (MYRG). View all 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), Exxon Mobil (XOM), Teekay Tankers (TNK), General Electric (GE), Cisco Systems (CSCO), Ford Motor (F), Gilead Sciences (GILD), Intel (INTC) and Verizon Communications (VZ).

Who are Quanta Services' key executives?

Quanta Services' management team includes the following 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)

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.04%), State Street Corp (3.33%), Bank of New York Mellon Corp (3.03%), Lyrical Asset Management LP (2.63%), Massachusetts Financial Services Co. MA (2.41%) and Frontier Capital Management Co. LLC (2.21%). 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 and Vincent D Foster. 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 Morgan Stanley, Morgan Stanley, Lyrical Asset Management LP, Invesco Ltd., KBC Group NV, Squarepoint Ops LLC, Two Sigma Investments LP, and NWQ Investment Management Company LLC. Company insiders that have sold Quanta Services company stock in the last year include Donald Wayne, Dorothy Upperman, and Jerry K Lemon. View insider buying and selling activity 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 Massachusetts Financial Services Co. MA, Ceredex Value Advisors LLC, BlackRock Inc., Frontier Capital Management Co. LLC, Wells Fargo & Company MN, Chartwell Investment Partners LLC, Victory Capital Management Inc., and Victory Capital Management Inc.. 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 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 $39.35.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $5.42 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 6/2/2020 by MarketBeat.com Staff