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

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$34.84 -0.48 (-1.36 %)

(As of 05/23/2019 04:51 AM ET)

Previous Close$35.32

Today's Range$34.82 - $35.31

52-Week Range$27.90 - $41.00

Volume768,613 shs

Average Volume1.45 million shs

Market Capitalization$4.95 billion

P/E Ratio13.77

Dividend Yield0.45%

Beta1.07

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.

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Industry, Sector and Symbol

Stock Exchange NYSE

Industry Electrical work

Sub-IndustryConstruction & Engineering

SectorConstruction

Current SymbolNYSE:PWR

Previous Symbol

CUSIP74762E10

CIK1050915

Webhttp://www.quantaservices.com/

Phone713-629-7600

Debt

Debt-to-Equity Ratio0.41

Current Ratio2.00

Quick Ratio1.95

Price-To-Earnings

Trailing P/E Ratio13.77

Forward P/E Ratio10.43

P/E GrowthN/A

Sales & Book Value

Annual Sales$11.17 billion

Price / Sales0.44

Cash Flow$4.3387 per share

Price / Cash Flow8.03

Book Value$26.22 per share

Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$2.53

Net Income$293.35 million

Net Margins3.25%

Return on Equity12.71%

Return on Assets6.58%

Miscellaneous

Employees39,200

Outstanding Shares142,081,000

Market Cap$4.95 billion

Next Earnings Date8/1/2019 (Estimated)

OptionableOptionable

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 declared a quarterly dividend on Friday, March 22nd. Shareholders of record on Friday, April 5th will be given a dividend of $0.04 per share on Friday, April 19th. This represents a $0.16 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date is Thursday, April 4th. View Quanta Services' Dividend History.

How will Quanta Services' stock buyback program work?

Quanta Services announced that its board has authorized a stock buyback plan on Tuesday, September 4th 2018, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 9.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued.

How were Quanta Services' earnings last quarter?

Quanta Services Inc (NYSE:PWR) released its quarterly earnings data on Thursday, May, 2nd. The construction company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.83 by $0.13. The construction company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.65 billion. Quanta Services had a return on equity of 12.71% and a net margin of 3.25%. The firm's revenue was up 16.1% compared to the same quarter last year. During the same period last year, the company posted $0.40 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, August 1st 2019. View Earnings Estimates for Quanta Services.

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

Quanta Services updated its FY19 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of $3.40-3.86 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.45. The company issued revenue guidance of $11.2-11.6 billion, compared to the consensus revenue estimate of $11.04 billion.

What price target have analysts set for PWR?

5 analysts have issued twelve-month target prices for Quanta Services' shares. Their predictions range from $39.00 to $47.00. On average, they expect Quanta Services' stock price to reach $43.25 in the next twelve months. This suggests a possible upside of 24.1% from the stock's current price. View Analyst Price Targets for Quanta Services.

What is the consensus analysts' recommendation for Quanta Services?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 2 hold ratings and 3 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 coverage about PWR stock has trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Quanta Services earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of Quanta Services' key competitors?

Some companies that are related to Quanta Services include FERROVIAL S A/ADR (FRRVY), Weyerhaeuser (WY), Vulcan Materials (VMC), Lennar (LEN), D. R. Horton (DHI), HEIDELBERGCEMEN/ADR (HDELY), Martin Marietta Materials (MLM), Lennar (LEN.B), Nippon Paint (NPCPF), Rollins (ROL), NVR (NVR), Masco (MAS), SEKISUI HOUSE L/S (SKHSY), Lennox International (LII) and Jacobs Engineering Group (JEC).

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), Gilead Sciences (GILD), UnitedHealth Group (UNH), Exxon Mobil (XOM), Applied Materials (AMAT), Celgene (CELG), Intel (INTC) 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.17%), Victory Capital Management Inc. (3.57%), Dimensional Fund Advisors LP (3.55%), AJO LP (2.86%), Voya Investment Management LLC (2.46%) and Greenhaven Associates Inc. (1.96%). 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, John Michal Conaway, Patrick Wood III, Randall C Wisenbaker 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 Victory Capital Management Inc., Engine Capital Management LP, Great West Life Assurance Co. Can, Nordea Investment Management AB, Pictet Asset Management Ltd., Fort Washington Investment Advisors Inc. OH, Wafra Inc. and BlackRock Inc.. Company insiders that have sold Quanta Services company stock in the last year include Bernard Fried, Donald Wayne, James Redgie Probst and Jerry K Lemon. View Insider Buying and Selling for Quanta Services.

Which major investors are buying Quanta Services stock?

PWR stock was acquired by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., AQR Capital Management LLC, Neuberger Berman Group LLC, Wells Fargo & Company MN, Renaissance Technologies LLC, LSV Asset Management, Boston Advisors LLC and Jennison Associates LLC. 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 $34.84.

How big of a company is Quanta Services?

Quanta Services has a market capitalization of $4.95 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.

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 ( )
Outperform Votes:		432 (Vote Outperform)
Underperform Votes:		295 (Vote Underperform)
Total Votes:		727

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 5/23/2019 by MarketBeat.com Staff

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