Is Quanta Services, Inc. (NYSE: PWR) No Longer A Good Investment?

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.

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Stocks Info

PWR belongs to the Industrials sector of the NYSE while operating in the Engineering & Construction industry. The current market capitalization of Quanta Services, Inc. is $35.85B. A total of 0.91 million shares were traded on the day, compared to an average of 931.33K shares.

In the most recent transaction, WAYNE DONALD sold 1,101 shares of PWR for 261.94 per share on Mar 27 ’24. After the transaction, the EVP and General Counsel now owns 40,065 company shares. In a previous transaction on Mar 12 ’24, WAYNE DONALD sold 595 shares at 239.61 per share. PWR shares that EVP and General Counsel owns now total 41,954.

Among the insiders who sold shares, WAYNE DONALD disposed of 904 shares on Mar 05 ’24 at a per-share price of $241.81. This resulted in the EVP and General Counsel holding 43,225 shares of PWR after the transaction. In another insider transaction, WAYNE DONALD sold 8,842 shares at $242.27 per share on Mar 04 ’24. Company shares held by the EVP and General Counsel now total 44,129.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Quanta Services, Inc. pays an annual dividend of $0.34, resulting in a dividend yield of 0.14%, and it has a price to earnings (P/E) ratio of 49.15. PWR’s most recent ex-dividend date was 4/8/2024 when it declared a $0.09 quarterly dividend that was paid in cash on 4/17/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/29/2023. The PWR stock dividend was $0.09 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. In terms of 52-week highs and lows, PWR has a high of $265.82 and a low of $153.74.

As of this writing, PWR has an earnings estimate of $SunPower Corporation per share for the current quarter. EPS was calculated based on a consensus of Petroleo Brasileiro S.A.- Petro estimates, with a high estimate of $Permian Resources Corporation per share and a lower estimate of $Progressive Corporation (The).

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 $43.11, 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 4.69.

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