Daily Market Movement: Quanta Services, Inc (PWR) Sees a 1.67 Increase, Closing at 268.81

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of Quanta Services, Inc (NYSE: PWR) was $268.81 for the day, up 1.67% from the previous closing price of $264.39. In other words, the price has increased by $1.67 from its previous closing price. On the day, 1.66 million shares were traded.

Ratios:

Our analysis of PWR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.59.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on February 25, 2025, Upgraded its rating to Outperform and sets its target price to $316 from $338 previously.

On February 21, 2025, ROTH MKM started tracking the stock assigning a Buy rating and target price of $350.ROTH MKM initiated its Buy rating on February 21, 2025, with a $350 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 21 ’24 when Studer Karl W sold 23,357 shares for $270.51 per share. The transaction valued at 6,318,341 led to the insider holds 10,631 shares of the business.

Studer Karl W bought 15,538 shares of PWR for $4,205,099 on Aug 21 ’24. On Aug 21 ’24, another insider, Karl W Studer, who serves as the Officer of the company, bought 7,819 shares for $268.25 each.

Valuation Measures:

As of this moment, Quanta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.64, and their Forward P/E ratio for the next fiscal year is 22.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 5.42.

Stock Price History:

Over the past 52 weeks, PWR has reached a high of $365.88, while it has fallen to a 52-week low of $227.11. The 50-Day Moving Average of the stock is -14.33%, while the 200-Day Moving Average is calculated to be -8.01%.

Shares Statistics:

A total of 147.68M shares are outstanding, with a floating share count of 146.44M. Insiders hold about 1.19% of the company’s shares, while institutions hold 93.43% stake in the company.

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