NYSE:PWR - Quanta Services Stock Price, News, Headlines & Rumors

Sign in or create an account to add this stock to your watchlist.
$33.88 -0.14 (-0.41 %)
(As of 08/15/2018 12:19 PM ET)
Previous Close$33.74
Today's Range$33.51 - $33.94
52-Week Range$32.19 - $40.10
Volume34,397 shs
Average Volume1.42 million shs
Market Capitalization$5.13 billion
P/E Ratio18.92
Dividend YieldN/A
Beta0.89
Quanta Services logoQuanta 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.

Receive PWR News and Ratings via Email

Sign-up to receive the latest news and ratings for PWR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.23
Current Ratio1.82
Quick Ratio1.77

Price-To-Earnings

Trailing P/E Ratio18.92
Forward P/E Ratio13.55
P/E Growth1.72

Sales & Book Value

Annual Sales$9.47 billion
Price / Sales0.53
Cash Flow$3.1546 per share
Price / Cash10.74
Book Value$24.53 per share
Price / Book1.38

Profitability

EPS (Most Recent Fiscal Year)$1.78
Net Income$314.97 million
Net Margins3.10%
Return on Equity7.72%
Return on Assets4.32%

Miscellaneous

Employees32,800
Outstanding Shares148,810,000
Market Cap$5.13 billion

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 share buyback program on Sunday, June 4th 2017, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.

How were Quanta Services' earnings last quarter?

Quanta Services Inc (NYSE:PWR) issued its quarterly earnings data on Thursday, August, 2nd. The construction company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by $0.01. The construction company earned $2.66 billion during the quarter, compared to the consensus estimate of $2.51 billion. Quanta Services had a net margin of 3.10% and a return on equity of 7.72%. The business's quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.50 EPS. 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, 1st 2018. View Earnings Estimates for Quanta Services.

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

Quanta Services updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided EPS guidance of $2.55-2.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.74. The company issued revenue guidance of $10.35-10.75 billion, compared to the consensus revenue estimate of $10.44 billion.

What price target have analysts set for PWR?

10 brokers have issued twelve-month price objectives for Quanta Services' stock. Their predictions range from $42.00 to $53.00. On average, they anticipate Quanta Services' stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 38.7% 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.

Are investors shorting Quanta Services?

Quanta Services saw a increase in short interest in July. As of July 13th, there was short interest totalling 4,204,142 shares, an increase of 52.7% from the June 29th total of 2,752,606 shares. Based on an average trading volume of 1,215,914 shares, the days-to-cover ratio is currently 3.5 days. Approximately 2.8% of the company's stock are sold short. View Quanta Services' Current Options Chain.

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)

Has Quanta Services been receiving favorable news coverage?

News stories about PWR stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Quanta Services earned a news impact score of 0.04 on Accern's scale. They also gave news stories about the construction company an impact score of 44.35 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Quanta Services.

Who are Quanta Services' major shareholders?

Quanta Services' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.89%), Bank of New York Mellon Corp (4.29%), Victory Capital Management Inc. (4.18%), Dimensional Fund Advisors LP (3.45%), Jennison Associates LLC (2.05%) and Point72 Asset Management L.P. (1.85%). 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 institutional 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., Voya Investment Management LLC, First Trust Advisors LP, Bank of New York Mellon Corp, Jennison Associates LLC, NN Investment Partners Holdings N.V., Renaissance Technologies LLC and Wafra Inc.. Company insiders that have sold Quanta Services company stock in the last year include Jerry K Lemon, Patrick Wood III and Randall C Wisenbaker. View Insider Buying and Selling for Quanta Services.

Which institutional investors are buying Quanta Services stock?

PWR stock was acquired by a variety of institutional investors in the last quarter, including Greenhaven Associates Inc., Millennium Management LLC, Hexavest Inc., Assenagon Asset Management S.A., Fort Washington Investment Advisors Inc. OH, Bank of America Corp DE, Segall Bryant & Hamill LLC and Dalton Greiner Hartman Maher & Co.. 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 $33.89.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $5.13 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.

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:  3.1 out of 5 (star star star)
Outperform Votes:  387 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  623
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 8/15/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.