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Saturday, June 3, 2023

Is Quanta Services Inc. (NYSE: PWR) The Best Stock To Invest In?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Quanta Services Inc. (PWR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.20, or -0.12%, to $171.69. The Quanta Services Inc. has recorded 57,693 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Quanta Services to Participate in Several Institutional Investor Conferences in May and June.

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Stocks Info

This NYSE-listed company operates within the Engineering & Construction industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $171.89 and fluctuated between $172.50 as its day high and $168.10 as its day low. The current market capitalization of Quanta Services Inc. is $24.63B. A total of 0.83 million shares were traded on the day, compared to an average of 879.20K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PWR has seen 15 BUY and 28 SELL insider trades, representing the acquisition of 571,175 and the disposition of 292,522 shares. Over the last 12 months, there were 27 BUYs and 43 SELLs from insiders. Insiders purchased 593,566 shares during that period but sold 478,497.

In the most recent transaction, Austin Earl C. Jr. sold 75,000 shares of PWR for 173.07 per share on May 12. After the transaction, the President and CEO now owns 655,890 company shares. In a previous transaction on May 11, Austin Earl C. Jr. sold 85,000 shares at 171.32 per share. PWR shares that President and CEO owns now total 730,890.

Among the insiders who sold shares, Probst James Redgie disposed of 50,000 shares on May 10 at a per-share price of $171.13. This resulted in the Chief Operating Officer holding 50,036 shares of PWR after the transaction. In another insider transaction, JENSEN DERRICK A sold 100,000 shares at $169.36 per share on May 08. Company shares held by the EVP – Business Operations now total 282,225.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Quanta Services Inc. pays an annual dividend of $0.32, resulting in a dividend yield of 0.19%, and it has a price to earnings (P/E) ratio of 50.71. PWR’s most recent ex-dividend date was 4/6/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 4/18/2023. Previously, the company paid the dividend on 1/13/2023 with an ex-dividend date of 12/30/2022. The PWR stock dividend was $0.08 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PWR in the last 3 months, the mean price target is $188.33 with high estimates of $201.00 and low estimates of $170.00. In terms of 52-week highs and lows, PWR has a high of $176.29 and a low of $109.25.

As of this writing, PWR has an earnings estimate of $1.64 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.78 per share and a lower estimate of $1.38. The company reported an EPS of $1.68 in the last quarter, which was 5.00% higher than expectations of $1.6.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PWR’s latest balance sheet shows that the firm has $229.10M in Cash & Short Term Investments as of fiscal 2021. There were $4.00B in debt and $3.16B in liabilities at the time. Its Book Value Per Share was $38.16, while its Total Shareholder’s Equity was $5.12B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PWR is Buy with a score of 4.60.

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