Quanta Services, Inc. (NYSE: PWR) is 13.98% higher on its value in year-to-date trading and has touched a low of $153.74 and a high of $265.82 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PWR stock was last observed hovering at around $248.69 in the last trading session, with the day’s loss setting it -2.73%.
Currently trading at $245.96, the stock is -4.01% and 2.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -1.10% at the moment leaves the stock 19.84% off its SMA200. PWR registered 47.41% gain for a year compared to 6-month gain of 39.45%.
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The stock witnessed a 0.88% loss in the last 1 month and extending the period to 3 months gives it a 22.88%, and is -3.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.80% over the week and 2.19% over the month.
Quanta Services, Inc. (PWR) has around 52500 employees, a market worth around $35.85B and $20.88B in sales. Current P/E ratio is 49.15 and Fwd P/E is 25.65. Profit margin for the company is 3.57%. Distance from 52-week low is 59.98% and -7.47% from its 52-week high. The company has generated returns on investments over the last 12 months (7.36%).
The EPS is expected to grow by 16.48% this year
The shares outstanding are 145.51M, and float is at 143.94M with Short Float at 2.30%.
Quanta Services, Inc. (PWR) Insider Activity
The most recent transaction is an insider sale by WAYNE DONALD, the company’s EVP and General Counsel. SEC filings show that WAYNE DONALD sold 1,101 shares of the company’s common stock on Mar 27 ’24 at a price of $261.94 per share for a total of $0.29 million. Following the sale, the insider now owns 40065.0 shares.
Quanta Services, Inc. disclosed in a document filed with the SEC on Mar 12 ’24 that WAYNE DONALD (EVP and General Counsel) sold a total of 595 shares of the company’s common stock. The trade occurred on Mar 12 ’24 and was made at $239.61 per share for $0.14 million. Following the transaction, the insider now directly holds 41954.0 shares of the PWR stock.
Still, SEC filings show that on Mar 05 ’24, WAYNE DONALD (EVP and General Counsel) disposed off 904 shares at an average price of $241.81 for $0.22 million. The insider now directly holds 43,225 shares of Quanta Services, Inc. (PWR).
