While Quanta Services, Inc has underperformed by -2.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PWR rose by 37.46%, with highs and lows ranging from $365.88 to $205.82, whereas the simple moving average fell by -0.26% in the last 200 days.
On February 03, 2025, BMO Capital Markets started tracking Quanta Services, Inc (NYSE: PWR) recommending Outperform. A report published by BofA Securities on January 24, 2025, Initiated its previous ‘Buy’ rating for PWR. Daiwa Securities Initiated an Outperform rating on December 06, 2024, and assigned a price target of $355. TD Cowen resumed its ‘Buy’ rating for PWR, as published in its report on October 15, 2024. JP Morgan’s report from October 07, 2024 suggests a price prediction of $297 for PWR shares, giving the stock a ‘Neutral’ rating. Wolfe Research also rated the stock as ‘Outperform’.
Analysis of Quanta Services, Inc (PWR)
Investors in Quanta Services, Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.37 per share. Further, the quarter-over-quarter increase in sales is 15.52%, showing a positive trend in the upcoming months.
One of the most important indicators of Quanta Services, Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 12.42% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.19, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PWR is recording 1.15M average volume. On a monthly basis, the volatility of the stock is set at 3.76%, whereas on a weekly basis, it is put at 2.97%, with a loss of -6.50% over the past seven days. Furthermore, long-term investors anticipate a median target price of $355.77, showing growth from the present price of $290.86, which can serve as yet another indication of whether PWR is worth investing in or should be passed over.
How Do You Analyze Quanta Services, Inc Shares?
The Engineering & Construction market is dominated by Quanta Services, Inc (PWR) based in the USA. When comparing Quanta Services, Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 53.74, there is a growth in quarterly earnings of 6.20%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.17%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.31% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PWR shares are owned by institutional investors to the tune of 92.31% at present.
