At the time of writing, Quanta Services, Inc. [PWR] stock is trading at $289.73, up 6.49%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PWR shares have gain 7.91% over the last week, with a monthly amount glided 8.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Quanta Services, Inc. [NYSE: PWR] stock has seen the most recent analyst activity on September 19, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $313. Previously, Jefferies started tracking the stock with Hold rating on September 04, 2024, and set its price target to $256. On August 08, 2024, TD Cowen reiterated its Buy rating and revised its price target to $280 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $301 on March 14, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $270 on February 27, 2024. Evercore ISI started tracking with a Outperform rating for this stock on February 13, 2024, and assigned it a price target of $237. In a note dated January 10, 2024, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
For the past year, the stock price of Quanta Services, Inc. fluctuated between $153.74 and $286.87. Currently, Wall Street analysts expect the stock to reach $217.56 within the next 12 months. Quanta Services, Inc. [NYSE: PWR] shares were valued at $289.73 at the most recent close of the market. An investor can expect a potential drop of -24.91% based on the average PWR price forecast.
Analyzing the PWR fundamentals
According to Quanta Services, Inc. [NYSE:PWR], the company’s sales were 22.03B for trailing twelve months, which represents an 10.81% jump. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 280.94 points at the first support level, and at 272.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 295.12, and for the 2nd resistance point, it is at 300.50.
Ratios To Look Out For
It is important to note that Quanta Services, Inc. [NYSE:PWR] has a current ratio of 1.30. Also, the Quick Ratio is 1.25, while the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 1.94, the price to book ratio is 6.46 and price to earnings (TTM) ratio is 54.68.
Transactions by insiders
Recent insider trading involved Studer Karl W, President, Electric Power, that happened on Aug 21 ’24 when 23357.0 shares were sold. Officer, Studer Karl W completed a deal on Aug 21 ’24 to buy 15538.0 shares. Meanwhile, Officer Karl W Studer bought 7819.0 shares on Aug 21 ’24.
