In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $318.98 in the prior trading day, Quanta Services, Inc (NYSE: PWR) closed at $316.05, down -0.92%. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 0.67 million shares were traded. PWR stock price reached its highest trading level at $320.05 during the session, while it also had its lowest trading level at $315.7156.
Ratios:
Our goal is to gain a better understanding of PWR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.59. 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.
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 this company, Daiwa Securities on December 06, 2024, initiated with a Outperform rating and assigned the stock a target price of $355.
On October 15, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $280 to $335.
On October 07, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $297.JP Morgan initiated its Neutral rating on October 07, 2024, with a $297 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 46652772352 and an Enterprise Value of 50914033664. As of this moment, Quanta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.39, and their Forward P/E ratio for the next fiscal year is 30.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 6.60. Its current Enterprise Value per Revenue stands at 2.223 whereas that against EBITDA is 27.242.
Stock Price History:
Over the past 52 weeks, PWR has reached a high of $350.19, while it has fallen to a 52-week low of $187.27. The 50-Day Moving Average of the stock is -3.01%, while the 200-Day Moving Average is calculated to be 11.90%.
Shares Statistics:
The stock has traded on average 869.73K shares per day over the past 3-months and 1000340 shares per day over the last 10 days, according to various share statistics. A total of 147.60M shares are outstanding, with a floating share count of 145.24M. Insiders hold about 1.60% of the company’s shares, while institutions hold 91.68% stake in the company. Shares short for PWR as of 1734048000 were 4224704 with a Short Ratio of 4.86, compared to 1731628800 on 4452534. Therefore, it implies a Short% of Shares Outstanding of 4224704 and a Short% of Float of 3.25.
Dividends & Splits
In the trailing 12 months, PWR’s forward annual dividend rate was 0.36, compared to 0.27 this year. Against a Trailing Annual Dividend Yield of 0.0011285974The stock’s 5-year Average Dividend Yield is 0.23.
