Quanta Services, Inc. (NYSE:PWR) went up by 10.18% from its latest closing price when compared to the 1-year high value of $44.09 and move down -44.99%, while PWR stocks collected +11.97% of gains with the last five trading sessions. MarketWatch.com reported on 03/02/20 that These stocks have performed the best since the coronavirus stalled the U.S. bull market
Quanta Services, Inc. (NYSE:PWR) Worth an Investment?
Quanta Services, Inc. (NYSE: PWR) scored price to earnings ratio above its average ratio, recording 11.16 times of increase in earnings at the present.
PWR Market Performance
PWR stocks went up by 11.97% for the week, with the monthly drop of -19.89% and a quarterly performance of -26.31%, while its annual performance rate touched -18.12%. The simple moving average for the period of the last 20 days is -8.02% for PWR stocks with the simple moving average of -20.43% for the last 200 days.
Analysts’ Opinion on Quanta Services, Inc. (NYSE:PWR)
Many brokerage firms have already submitted their reports for PWR stocks, with Robert W. Baird repeating the rating for PWR shares by setting it to “Outperform”. The predicted price for PWR socks in the upcoming period according to Robert W. Baird is $46 based on the research report published on January 7, 2020.
DA Davidson, on the other hand, stated in their research note that they expect to see PWR stock at the price of $46. The rating they have provided for PWR stocks is “Buy” according to the report published on December 20, 2019.
Vertical Research gave “Buy” rating to PWR stocks, setting the target price at $46 in the report published on August 23, 2019.
PWR Stocks -18.40% Far from 50 Day Moving Average
After a stumble in the market that brought PWR to its low price for the period of the last 52 weeks, Quanta Services, Inc. was unable to take a rebound, for now settling with -31.03% of loss for the given period.
The stock volatility was left at 7.14%, however, within the period of a single month, the volatility rate increased by 11.30%, while the shares sank at the distance of -17.99% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -25.90% lower at the present time.
In the course of the last 5 trading sessions, PWR went up by +11.97%, which changed the moving average for the period of 200 days to the total of -18.23% of losses for the stock in comparison to the 20-day moving average settled at $32.73. In addition, Quanta Services, Inc. saw -25.30% in overturn over the period of a single year with a tendency to cut further losses.
PWR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Quanta Services, Inc. (PWR), starting from WAYNE DONALD, who sold 5,345 shares at the price of $39.38 back on Mar 05. After this action, Rushing now owns 50,226 shares of Quanta Services, Inc., valued at $210,486 with the latest closing price.
WAYNE DONALD, the EVP and General Counsel of Quanta Services, Inc., sold 1,295 shares at the value of $37.73 during a trade that took place back on Mar 02, which means that WAYNE DONALD is holding 33,962 shares at the value of $48,860 based on the most recent closing price.
PWR Stock Fundamentals
The current profitability levels are settled at +4.81 for the present operating margin and +12.70 for gross margin. The net margin for Quanta Services, Inc. stands at +3.32. Equity return holds the value 10.40%, with 4.90% for asset returns.