A new trading day began on Tuesday, with Quanta Services, Inc. (NYSE: PWR) stock price down -1.75% from the previous day of trading, before settling in for the closing price of $310.98. PWR’s price has ranged from $153.74 to $313.56 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 14.12%. Meanwhile, its annual earnings per share averaged 20.45%. With a float of $145.60 million, this company’s outstanding shares have now reached $147.33 million.
Considering the fact that the conglomerate employs 52500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 13.25%, operating margin of 5.44%, and the pretax margin is 4.79%.
Quanta Services, Inc. (PWR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Engineering & Construction Industry. The insider ownership of Quanta Services, Inc. is 1.17%, while institutional ownership is 92.14%. The most recent insider transaction that took place on Aug 21 ’24, was worth 6,318,341. In this transaction President, Electric Power of this company sold 23,357 shares at a rate of $270.51, taking the stock ownership to the 10,631 shares. Before that another transaction happened on Aug 21 ’24, when Company’s Officer proposed sale 15,538 for $270.63, making the entire transaction worth $4,205,099.
Quanta Services, Inc. (PWR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 20.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% 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
Here are Quanta Services, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04. Likewise, its price to free cash flow for the trailing twelve months is 29.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.30, a number that is poised to hit 2.69 in the next quarter and is forecasted to reach 10.14 in one year’s time.
Technical Analysis of Quanta Services, Inc. (PWR)
Compared to the last year’s volume of 0.9 million, its volume of 0.51 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.00%. Additionally, its Average True Range was 6.96.
During the past 100 days, Quanta Services, Inc.’s (PWR) raw stochastic average was set at 90.72%, which indicates a significant increase from 61.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.76% in the past 14 days, which was lower than the 37.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $277.80, while its 200-day Moving Average is $253.40. Nevertheless, the first resistance level for the watch stands at $310.56 in the near term. At $315.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $318.83. If the price goes on to break the first support level at $302.30, it is likely to go to the next support level at $299.05. Should the price break the second support level, the third support level stands at $294.03.
Quanta Services, Inc. (NYSE: PWR) Key Stats
With a market capitalization of 45.02 billion, the company has a total of 146,388K Shares Outstanding. Currently, annual sales are 20,882 M while annual income is 744,690 K. The company’s previous quarter sales were 5,594 M while its latest quarter income was 188,160 K.
