At the time of writing, Quanta Services, Inc [PWR] stock is trading at $329.42, up 2.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PWR shares have gain 3.00% over the last week, with a monthly amount drifted -1.99%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Daiwa Securities started tracking the stock with Outperform rating on December 06, 2024, and set its price target to $355. On October 15, 2024, TD Cowen reiterated its Buy rating and revised its price target to $335 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $297 on October 07, 2024. Wolfe Research initiated its recommendation with a Outperform and recommended $313 as its price target on September 19, 2024. Jefferies started tracking with a Hold rating for this stock on September 04, 2024, and assigned it a price target of $256. In a note dated August 08, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $270 to $280.
For the past year, the stock price of Quanta Services, Inc fluctuated between $187.27 and $350.19. Currently, Wall Street analysts expect the stock to reach $335.6 within the next 12 months. Quanta Services, Inc [NYSE: PWR] shares were valued at $329.42 at the most recent close of the market. An investor can expect a potential return of 1.88% based on the average PWR price forecast.
Analyzing the PWR fundamentals
According to Quanta Services, Inc [NYSE:PWR], the company’s sales were 22.90B for trailing twelve months, which represents an 15.52% 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 0.04, 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 of0.71.
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 326.53 points at the first support level, and at 323.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 332.05, and for the 2nd resistance point, it is at 334.68.
Ratios To Look Out For
It is important to note that Quanta Services, Inc [NYSE:PWR] has a current ratio of 1.23. In addition, the Quick Ratio stands at 1.19 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 2.12, the price to book ratio is 6.88 and price to earnings (TTM) ratio is 60.86.
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.
