Quanta Services, Inc [PWR] stock prices are up 1.45% to $342.50 at the moment. 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 6.37% over the last week, with a monthly amount glided 5.75%, 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 December 06, 2024, when Daiwa Securities initiated its Outperform rating and assigned the stock a price target of $355. Previously, TD Cowen reaffirmed its Buy rating on October 15, 2024, and elevated its price target to $335. On October 07, 2024, JP Morgan initiated with a Neutral rating and assigned a price target of $297 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $313 on September 19, 2024. Jefferies initiated its recommendation with a Hold and recommended $256 as its price target on September 04, 2024. TD Cowen reiterated a Buy rating for this stock on August 08, 2024, and upped its price target to $280. In a note dated March 14, 2024, Truist initiated an Buy rating and provided a target price of $301 on this stock.
The stock price of Quanta Services, Inc [PWR] has been fluctuating between $187.27 and $350.19 over the past year. Currently, Wall Street analysts expect the stock to reach $327.4 within the next 12 months. Quanta Services, Inc [NYSE: PWR] shares were valued at $342.50 at the most recent close of the market. An investor can expect a potential drop of -4.41% based on the average PWR price forecast.
Analyzing the PWR fundamentals
The Quanta Services, Inc [NYSE:PWR] reported sales of 22.90B for trailing twelve months, representing a surge of 15.52%. 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 0.04, Equity is 0.12 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
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 338.24 points at the first support level, and at 333.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 345.10, and for the 2nd resistance point, it is at 347.70.
Ratios To Look Out For
It’s worth pointing out that Quanta Services, Inc [NYSE:PWR]’s Current Ratio is 1.23. Also, the Quick Ratio is 1.19, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 7.15 and price to earnings (TTM) ratio is 63.28.
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.
