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Friday, September 29, 2023

Value Investing Philosophy And Quanta Services Inc. (NYSE: PWR)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Quanta Services Inc. (PWR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $2.80, or 1.34%, to $211.50. The Quanta Services Inc. has recorded 27,788 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Quanta Services Announces Quarterly Cash Dividend.

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Stocks Info

PWR belongs to the Industrials sector of the NYSE while operating in the Engineering & Construction industry. At the end of the last regular session, the stock closed at $208.70 and fluctuated between $210.15 as its day high and $205.43 as its day low. The current market capitalization of Quanta Services Inc. is $29.95B. A total of 0.67 million shares were traded on the day, compared to an average of 728.02K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PWR has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 952 shares. Over the last 12 months, there were 26 BUYs and 50 SELLs from insiders. Insiders purchased 584,396 shares during that period but sold 650,956.

In the most recent transaction, WAYNE DONALD sold 5,000 shares of PWR for 210.92 per share on Sep 01. After the transaction, the EVP and General Counsel now owns 41,323 company shares. In a previous transaction on Jun 07, Upperman Dorothy sold 4,074 shares at 183.87 per share. PWR shares that VP Tax owns now total 13,078.

Among the insiders who sold shares, FRIED BERNARD disposed of 8,000 shares on Jun 02 at a per-share price of $179.84. This resulted in the Director holding 9,372 shares of PWR after the transaction. In another insider transaction, Jackman Worthing F sold 7,500 shares at $177.11 per share on Jun 01. Company shares held by the Director now total 17,058.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Quanta Services Inc. pays an annual dividend of $0.32, resulting in a dividend yield of 0.15%, and it has a price to earnings (P/E) ratio of 53.36. PWR’s most recent ex-dividend date was 9/29/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/30/2023. The PWR stock dividend was $0.08 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PWR in the last 3 months, the mean price target is $220.60 with high estimates of $238.00 and low estimates of $185.00. In terms of 52-week highs and lows, PWR has a high of $212.82 and a low of $123.25.

As of this writing, PWR has an earnings estimate of $2.12 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.28 per share and a lower estimate of $1.9. The company reported an EPS of $1.24 in the last quarter, which was 9.70% higher than expectations of $1.13.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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 $39.34, while its Total Shareholder’s Equity was $5.12B.

Analysts Opinion

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. 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 4.50.

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