On Tuesday, Quanta Services, Inc. (NYSE: PWR) was -0.08% down from the session before settling in for the closing price of $248.89. A 52-week range for PWR has been $153.74 – $265.82.
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Annual sales at Industrials sector company grew by 14.12% over the past five years. When this article was written, the company’s average yearly earnings per share was at 16.48%. With a float of $143.94 million, this company’s outstanding shares have now reached $145.51 million.
Let’s look at the performance matrix of the company that is accounted for 52500 employees.
Quanta Services, Inc. (PWR) Insider and Institutional Ownership
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 92.94%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 16.48% 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 1.74. Likewise, its price to free cash flow for the trailing twelve months is 31.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.00, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 9.59 in one year’s time.
Technical Analysis of Quanta Services, Inc. (PWR)
Quanta Services, Inc. (NYSE: PWR) saw its 5-day average volume 0.71 million, a negative change from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 17.55%. Additionally, its Average True Range was 5.94.
During the past 100 days, Quanta Services, Inc.’s (PWR) raw stochastic average was set at 79.81%, which indicates a significant increase from 16.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.95% in the past 14 days, which was lower than the 27.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $239.27, while its 200-day Moving Average is $205.24. Nevertheless, the first resistance level for the watch stands at $250.75 in the near term. At $252.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $255.53. If the price goes on to break the first support level at $245.97, it is likely to go to the next support level at $243.24. The third support level lies at $241.19 if the price breaches the second support level.
Quanta Services, Inc. (NYSE: PWR) Key Stats
There are 145,749K outstanding shares of the company, which has a market capitalization of 36.25 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.
