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Saturday, December 9, 2023

Quanta Services, Inc. (NYSE: PWR) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

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. After-hours trades for Quanta Services, Inc. (PWR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.20, or 0.11%, to $176.44. The Quanta Services, Inc. has recorded 20,301 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that QUANTA SERVICES REPORTS THIRD QUARTER 2023 RESULTS.

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Stocks Info

The company is listed on the NYSE and operates within the Engineering & Construction industry segment. At the end of the last regular session, the stock closed at $176.24 and fluctuated between $177.54 as its day high and $173.62 as its day low. The current market capitalization of Quanta Services, Inc. is $25.60B. A total of 1.27 million shares were traded on the day, compared to an average of 1.09M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, PWR has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 10,035 shares. Over the last 12 months, there were 26 BUYs and 53 SELLs from insiders. Insiders purchased 584,344 shares during that period but sold 661,544.

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.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Quanta Services, Inc. pays an annual dividend of $0.32, resulting in a dividend yield of 0.18%, and it has a price to earnings (P/E) ratio of 37.58. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for PWR in the last 3 months, the mean price target is $212.45 with high estimates of $234.00 and low estimates of $190.00. In terms of 52-week highs and lows, PWR has a high of $212.82 and a low of $134.61.

As of this writing, PWR has an earnings estimate of $1.99 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $2.07 per share and a lower estimate of $1.91. The company reported an EPS of $1.65 in the last quarter, which was 1.20% higher than expectations of $1.63.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $41.22, while its Total Shareholder’s Equity was $5.12B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.75.

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