Can Quanta Services, Inc’s (PWR) drop of -1.44% in a week be considered a lucky break?

On Tuesday, Quanta Services, Inc (NYSE: PWR) was 3.94% up from the session before settling in for the closing price of $236.71. A 52-week range for PWR has been $227.11 – $365.88.

Annual sales at Industrials sector company grew by 15.11% over the past five years. When this article was written, the company’s average yearly earnings per share was at 13.93%. With a float of $146.33 million, this company’s outstanding shares have now reached $147.68 million.

Let’s look at the performance matrix of the company that is accounted for 58400 employees. In terms of profitability, gross margin is 14.03%, operating margin of 5.69%, and the pretax margin is 5.12%.

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 1.26%, while institutional ownership is 93.51%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.49 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.02% during the next five years compared to 17.22% 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 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54. Likewise, its price to free cash flow for the trailing twelve months is 24.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.02, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 11.74 in one year’s time.

Technical Analysis of Quanta Services, Inc (PWR)

Quanta Services, Inc (NYSE: PWR) saw its 5-day average volume 2.14 million, a positive change from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 23.55%. Additionally, its Average True Range was 13.21.

During the past 100 days, Quanta Services, Inc’s (PWR) raw stochastic average was set at 10.94%, which indicates a significant decrease from 18.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.54% in the past 14 days, which was lower than the 45.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $298.95, while its 200-day Moving Average is $291.39. Nevertheless, the first resistance level for the watch stands at $251.88 in the near term. At $257.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $265.52. If the price goes on to break the first support level at $238.24, it is likely to go to the next support level at $230.46. The third support level lies at $224.60 if the price breaches the second support level.

Quanta Services, Inc (NYSE: PWR) Key Stats

There are 148,198K outstanding shares of the company, which has a market capitalization of 36.46 billion. As of now, sales total 23,673 M while income totals 904,820 K. Its latest quarter income was 6,553 M while its last quarter net income were 305,120 K.