On Tuesday, Quanta Services, Inc. (NYSE: PWR) was -2.23% drop from the session before ,before settling in for the closing price of $262.26. A 52-week range for PWR has been $153.74 – $265.82.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 14.12%. When this article was written, the company’s average yearly earnings per share was at 16.57%. With a float of $143.94 million, this company’s outstanding shares have now reached $145.51 million.
The extent of productivity of a business whose workforce counts for 52500 workers is very important to gauge.
Quanta Services, Inc. (PWR) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Quanta Services, Inc. stocks. The insider ownership of Quanta Services, Inc. is 1.24%, while institutional ownership is 92.97%. The most recent insider transaction that took place on Mar 27 ’24, was worth 288,396. In this transaction EVP and General Counsel of this company sold 1,101 shares at a rate of $261.94, taking the stock ownership to the 40,065 shares. Before that another transaction happened on Mar 12 ’24, when Company’s EVP and General Counsel sold 595 for $239.61, making the entire transaction worth $142,568. This insider now owns 41,954 shares in total.
Quanta Services, Inc. (PWR) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $2.04 earnings per share (EPS) during the time that was better than consensus figure (set at $1.98) by $0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.22% during the next five years compared to 21.34% growth over the previous five years of trading.
Quanta Services, Inc. (NYSE: PWR) Trading Performance Indicators
You can see what Quanta Services, Inc. (PWR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.79. Likewise, its price to free cash flow for the trailing twelve months is 32.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.00, a number that is poised to hit 1.32 in the next quarter and is forecasted to reach 9.59 in one year’s time.
Technical Analysis of Quanta Services, Inc. (PWR)
The latest stats from [Quanta Services, Inc., PWR] show that its last 5-days average volume of 0.81 million was inferior to 0.94 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.40%. Additionally, its Average True Range was 5.45.
During the past 100 days, Quanta Services, Inc.’s (PWR) raw stochastic average was set at 89.08%, which indicates a significant increase from 53.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.44% in the past 14 days, which was lower than the 27.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $233.84, while its 200-day Moving Average is $203.72. Now, the first resistance to watch is $262.07. This is followed by the second major resistance level at $267.73. The third major resistance level sits at $271.94. If the price goes on to break the first support level at $252.19, it is likely to go to the next support level at $247.98. Assuming the price breaks the second support level, the third support level stands at $242.32.
Quanta Services, Inc. (NYSE: PWR) Key Stats
There are 145,749K outstanding shares of the company, which has a market capitalization of 37.37 billion. As of now, sales total 20,882 M while income totals 744,690 K. Its latest quarter income was 5,784 M while its last quarter net income were 210,910 K.
