Quanta Services, Inc. Common St (NYSE:PWR):
Quanta Services Announces Third Quarter 2016 Earnings Release & Conference Call Schedule.
In the market the company is trading up by 1.31 percent from yesterday’s close.
Company chares are trading at $28.56 just above $27.20, the stock’s 50 day moving average and barely above the 200 day moving average of $24.96. The 50 day moving average was up $1.36 and the 200 day average went up by +14.44%.
The most current P/E ratio is 19.30 and market capitalization is 4.31B. As of the last earnings report the EPS was $1.48 and is projected to be $1.56 for the current year with 151,070,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.61 with next year’s EPS projected to be $1.98.
A few brokerage firms have issued ratings on Quanta Services, Inc. Common St recently. On April 6 analysts at Deutsche Bank issued its first research report on the stock with a rating of “Buy” and setting a price target of $29.00. On February 8 the company was downgraded from “Buy” to “Neutral” and a price target of $20.00 was set in a report issued by UBS.
UBS lowered the price target and downgraded the stock on February 8 changing the price objective from $0.00 to $20.00 and changing the rating from “Buy” to “Neutral”. Equity analyst Stifel Nicolaus initiated coverage on PWR setting a rating of “Hold”.
On November 13, 2015 Citigroup released its first research report on the stock giving it an initial rating of “Neutral”. On November 12, 2015 the stock rating was rated “Neutral” in a report from Baird which is down from the previous “” rating.