Market Insight: Quanta Services, Inc (PWR)’s Notable Drop, Closing at 307.61

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In the latest session, Quanta Services, Inc (NYSE: PWR) closed at $307.61 down -0.54% from its previous closing price of $309.29. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 1.16 million shares were traded. PWR stock price reached its highest trading level at $316.97 during the session, while it also had its lowest trading level at $302.97.

Ratios:

For a deeper understanding of Quanta Services, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.62.

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on January 24, 2025, initiated with a Buy rating and assigned the stock a target price of $407.

On December 06, 2024, Daiwa Securities started tracking the stock assigning a Outperform rating and target price of $355.Daiwa Securities initiated its Outperform rating on December 06, 2024, with a $355 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PWR now has a Market Capitalization of 45406924800 and an Enterprise Value of 49668190208. As of this moment, Quanta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.83, and their Forward P/E ratio for the next fiscal year is 30.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 6.42. Its current Enterprise Value per Revenue stands at 2.169 whereas that against EBITDA is 26.575.

Stock Price History:

The Beta on a monthly basis for PWR is 1.05, which has changed by 0.5213908 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, PWR has reached a high of $365.88, while it has fallen to a 52-week low of $193.52. The 50-Day Moving Average of the stock is -6.58%, while the 200-Day Moving Average is calculated to be 6.35%.

Shares Statistics:

For the past three months, PWR has traded an average of 1.15M shares per day and 1940360 over the past ten days. A total of 147.60M shares are outstanding, with a floating share count of 145.89M. Insiders hold about 1.17% of the company’s shares, while institutions hold 91.80% stake in the company. Shares short for PWR as of 1736899200 were 4398271 with a Short Ratio of 3.82, compared to 1734048000 on 4224704. Therefore, it implies a Short% of Shares Outstanding of 4398271 and a Short% of Float of 3.39.

Dividends & Splits

According to the company, the forward annual dividend rate for PWR is 0.37, from 0.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0011639561The stock’s 5-year Average Dividend Yield is 0.23. The current Payout Ratio is 6.59% for PWR, which recently paid a dividend on 2025-01-02 with an ex-dividend date of 1735776000. Stock splits for the company last occurred on 2000-04-10 when the company split stock in a 3:2 ratio.

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