Quanta Services, Inc (NYSE: PWR) on Tuesday, plunged -1.77% from the previous trading day, before settling in for the closing price of $342.50. Within the past 52 weeks, PWR’s price has moved between $187.27 and $350.19.
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During the last 5-year period, the sales growth of Industrials Sector giant was 14.12%. The company achieved an average annual earnings per share of 20.96%. With a float of $145.24 million, this company’s outstanding shares have now reached $147.60 million.
Let’s determine the extent of company efficiency that accounts for 52500 employees. In terms of profitability, gross margin is 12.99%, operating margin of 5.37%, and the pretax margin is 4.74%.
Quanta Services, Inc (PWR) Insider Activity
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Quanta Services, Inc is 1.60%, while institutional ownership is 91.53%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% 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
Quanta Services, Inc (PWR) is currently performing well based on its current performance indicators. A quick ratio of 1.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17. Likewise, its price to free cash flow for the trailing twelve months is 27.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.41, a number that is poised to hit 2.62 in the next quarter and is forecasted to reach 10.19 in one year’s time.
Technical Analysis of Quanta Services, Inc (PWR)
Looking closely at Quanta Services, Inc (NYSE: PWR), its last 5-days average volume was 1.13 million, which is a jump from its year-to-date volume of 0.9 million. As of the previous 9 days, the stock’s Stochastic %D was 82.56%. Additionally, its Average True Range was 8.18.
During the past 100 days, Quanta Services, Inc’s (PWR) raw stochastic average was set at 88.82%, which indicates a significant increase from 60.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.03% in the past 14 days, which was lower than the 31.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $323.27, while its 200-day Moving Average is $278.73. However, in the short run, Quanta Services, Inc’s stock first resistance to watch stands at $341.08. Second resistance stands at $345.72. The third major resistance level sits at $349.78. If the price goes on to break the first support level at $332.38, it is likely to go to the next support level at $328.32. Should the price break the second support level, the third support level stands at $323.68.
Quanta Services, Inc (NYSE: PWR) Key Stats
Market capitalization of the company is 49.66 billion based on 147,612K outstanding shares. Right now, sales total 20,882 M and income totals 744,690 K. The company made 6,493 M in profit during its latest quarter, and 293,190 K in sales during its previous quarter.
