While Quanta Services, Inc has underperformed by -3.74%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PWR rose by 32.97%, with highs and lows ranging from $365.88 to $206.58, whereas the simple moving average fell by -3.78% 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)
The current dividend for PWR investors is set at $0.37 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 13.30%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Quanta Services, Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 13.32% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.26, 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.
As an indicator of volatility for any stock, average volume can also be very valuable, and PWR is recording an average volume of 1.23M. On a monthly basis, the volatility of the stock is set at 4.27%, whereas on a weekly basis, it is put at 5.39%, with a loss of -5.76% over the past seven days. Furthermore, long-term investors anticipate a median target price of $355.18, showing growth from the present price of $281.16, 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?
Quanta Services, Inc (PWR) is based in the USA and is one of the most prominent companies operating in the Engineering & Construction market. 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 46.66, there is a growth in quarterly earnings of 43.32%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 1.21%. 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 93.79% 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 93.79% at present.
