Quanta Services, Inc. (NYSE: PWR) is 22.09% higher on its value in year-to-date trading and has touched a low of $153.74 and a high of $286.87 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 $262.00 in the last trading session, with the day’s gains setting it 1.47%.
Currently trading at $263.47, the stock is 3.17% and 0.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 0.56% at the moment leaves the stock 12.95% off its SMA200. PWR registered 29.44% gain for a year compared to 6-month gain of 27.38%.
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The stock witnessed a 1.58% loss in the last 1 month and extending the period to 3 months gives it a 0.04%, and is 6.02% up 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 3.10% over the week and 3.96% over the month.
Quanta Services, Inc. (PWR) has around 52500 employees, a market worth around $38.82B and $22.03B in sales. Current P/E ratio is 49.72 and Fwd P/E is 26.10. Profit margin for the company is 3.59%. Distance from 52-week low is 71.37% and -8.16% from its 52-week high. The company has generated returns on investments over the last 12 months (8.10%).
The EPS is expected to grow by 20.46% this year
The shares outstanding are 145.51M, and float is at 145.48M with Short Float at 2.91%.
Quanta Services, Inc. (PWR) Insider Activity
Quanta Services, Inc. disclosed in a document filed with the SEC on Aug 09 ’24 that Probst James Redgie (Chief Operating Officer) sold a total of 34,000 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $260.03 per share for $8.84 million. Following the transaction, the insider now directly holds 29002.0 shares of the PWR stock.
Still, SEC filings show that on Aug 09 ’24, Ducey Gerald A JR (Pres. – Strategic Operations) disposed off 15,000 shares at an average price of $257.93 for $3.87 million. The insider now directly holds 21,286 shares of Quanta Services, Inc. (PWR).
