$1.77M in average volume shows that Quanta Services, Inc (PWR) is heading in the right direction

On Friday, Quanta Services, Inc (NYSE: PWR) was 1.85% up from the session before settling in for the closing price of $282.12. A 52-week range for PWR has been $227.08 – $365.88.

During the last 5-year period, the sales growth of Industrials Sector giant was 15.11%. When this article was written, the company’s average yearly earnings per share was at 13.51%. With a float of $146.40 million, this company’s outstanding shares have now reached $147.68 million.

Let’s determine the extent of company efficiency that accounts 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 Activity

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 1.25%, while institutional ownership is 93.43%. 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 2.49 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.97% 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 1.80. Likewise, its price to free cash flow for the trailing twelve months is 28.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.02, a number that is poised to hit 1.67 in the next quarter and is forecasted to reach 11.69 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 1.28 million, which is a drop from its year-to-date volume of 1.64 million. As of the previous 9 days, the stock’s Stochastic %D was 85.11%. Additionally, its Average True Range was 12.90.

During the past 100 days, Quanta Services, Inc’s (PWR) raw stochastic average was set at 43.41%, which indicates a significant decrease from 95.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.27% in the past 14 days, which was higher than the 52.43% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $263.40, while its 200-day Moving Average is $290.42. However, in the short run, Quanta Services, Inc’s stock first resistance to watch stands at $290.64. Second resistance stands at $293.94. The third major resistance level sits at $297.88. If the price goes on to break the first support level at $283.40, it is likely to go to the next support level at $279.46. Should the price break the second support level, the third support level stands at $276.16.

Quanta Services, Inc (NYSE: PWR) Key Stats

There are 148,264K outstanding shares of the company, which has a market capitalization of 42.60 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.