Quanta Services, Inc. (PWR) Stock Forecast & Predictions

Quanta Services, Inc. PWR: $93.75

2800 Post Oak Blvd Ste 2600, Houston, Texas, US. | Sector: Construction | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.quantaservices.com/

  • Market Cap$13.24B
  • Change (52 Weeks)175.16%
  • Low (52 Weeks)$28.6
  • Quanta Services, Inc. (PWR) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Quanta Services, Inc. (PWR) stock price is $93.75 and the 52 weeks low is $28.6, which means the Quanta Services, Inc. stock price is up 175.16% in the last 12 months.

    Quanta Services, Inc. (PWR) Stock Price has been Trending Strongly with an ADX reading of 43.87 as per the Weekly Chart.

    A Upward trend indicates that Quanta Services, Inc. (PWR) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that PWR Stock price might rise further, 18.75% indicating that PWR Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall PWR stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Quanta Services, Inc. (PWR) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Quanta Services, Inc. (PWR) is based on 18 Institutional Analyst Ratings where 44.44% are on Strong Buy, 33.33% on Moderate Buy, 22.22% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 18 Institutional Analysts, majority recommended PWR stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Quanta Services, Inc..

    Quanta Services, Inc. (PWR) Stock Price Prediction By Analysts


    HighLowAverage
    $106.05$55.55$92.89
    $92.890.91% Downside
    Updated: 2021-04-12 00:00:00

    The Average Price target for PWR set by the institutional analysts is $92.89 where High Estimate is $106.05, Median $98.43 and Low $55.55.

    The average price target for PWR by Institutional Analysts is $92.89, which is 0.91% Downside from the current price. So according to the Institutional Analysts, PWR Stock might be a bit overvalued at this stage and there’s potential for downside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Quanta Services, Inc. (PWR) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 385,350 investor portfolio.

    Our algorithm has analysed 385,350 investor portfolio with PWR stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about PWR and holding their positions hoping for a further rise in the stock price and more profit.

    Quanta Services, Inc. (PWR) Stock Forecast Based on News Sentiment


    Bullish
    Based on 3 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about PWR, it shows that Quanta Services, Inc. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that PWR stock price may surge in the next few weeks.

    Quanta Services, Inc. (PWR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancOverweightMaintained
    Credit SuisseOutperformMaintained
    KeyBancOverweightMaintained
    B. Riley FBRNeutralDowngraded
    KeyBancOverweightMaintained
    DA DavidsonNeutralDowngraded
    BernsteinOutperformInitiated
    KeyBancOverweightMaintained
    UBSBuyMaintained
    StifelBuyMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRBuyMaintained
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    KeyBancOverweightMaintained
    B. Riley FBRBuyMaintained
    Stephens & Co.OverweightMaintained
    BairdOutperformUpgraded
    DA DavidsonBuyUpgraded
    DA DavidsonNeutralMaintained
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    Vertical ResearchBuyInitiated
    CitiBuyMaintained
    CitigroupBuyMaintained
    BairdNeutralMaintained
    B. Riley FBRBuyMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    B. Riley FBRBuyMaintained
    BairdNeutralMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyUpgraded
    BairdNeutralDowngraded
    UBSBuyUpgraded
    KeyBancOverweightMaintained
    Avondale PartnersMarket PerformDowngraded
    BairdOutperformUpgraded
    Stifel NicolausBuyUpgraded
    CitigroupNeutralMaintained
    UBSNeutralDowngraded
    CitigroupNeutralInitiated
    BairdNeutralDowngraded
    Johnson RiceAccumulateUpgraded
    FBR CapitalMarket PerformDowngraded
    Alembic GlobalOverweightInitiated
    Alembic GlobalOverweightInitiated
    JP MorganOverweightInitiated
    Stephens & Co.OverweightInitiated
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Stifel NicolausBuyMaintained
    BB&T CapitalHoldDowngraded
    BairdOutperformUpgraded
    Seaport GlobalBuyInitiated
    DA DavidsonBuyMaintained
    Stephens & Co.Equal-WeightInitiated
    Stifel NicolausBuyMaintained
    DA DavidsonBuyUpgraded
    UBSBuyInitiated
    WedbushOutperformMaintained
    Deutsche BankBuyInitiated
    Stifel NicolausBuyMaintained
    DA DavidsonNeutralMaintained
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyMaintained
    DA DavidsonNeutralMaintained
    Goldman SachsSellDowngraded
    PiperJaffrayOverweightMaintained
    WedbushOutperformMaintained
    DA DavidsonNeutralUpgraded
    PiperJaffrayOverweightMaintained

    Quanta Services, Inc. (PWR) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.048
    The average consensus EPS for PWR is $1.048 with a high estimate of $1.218 and Low of $0.941 for the period 2021-06-30 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.4$1.10637422020-09-30


    The latest average Earning Per Share Estimate for Quanta Services, Inc. is $1.05, which is lower than PWR's last EPS, $1.40. This means that Analysts are expecting Quanta Services, Inc. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Quanta Services, Inc..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.4$1.10637422020-09-30
    $0.74$0.48355772020-06-30
    $0.47$0.46487272020-03-31
    $0.93$0.83354292019-12-31
    $1.14$1.04296642019-09-30
    $0.85$0.83509832019-06-30
    $0.96$0.83876462019-03-31
    $0.96$0.90462672018-12-31
    $0.88$0.96898392018-09-30
    $0.59$0.60691912018-06-30
    $0.4$0.31886712018-03-31
    $0.45$0.440158000000000052017-12-31
    $0.63$0.61118129999999992017-09-30
    $0.5$0.53485562017-06-30
    $0.39$0.40223252017-03-31
    $0.56$0.56957942016-12-31
    $0.55$0.5559042016-09-30
    $0.18$0.36520592016-06-30
    $0.23$0.26551892016-03-31
    $0.3$0.281790000000000042015-12-31
    $0.3$0.29437462015-09-30
    $0.24$0.4438952015-06-30
    $0.31$0.40938332015-03-31
    $0.51$0.51665542014-12-31
    $0.61$0.58496169999999992014-09-30
    $0.43$0.41982672014-06-30
    $0.37$0.37653812014-03-31
    $0.45$0.4055152013-12-31
    $0.43$0.40631292013-09-30
    $0.33$0.334491799999999952013-06-30
    $0.34$0.29416252013-03-31
    $0.48$0.352055699999999972012-12-31
    $0.42$0.36802382012-09-30
    $0.31$0.29824292012-06-30
    $0.22$0.156257099999999982012-03-31
    $0.37$0.346965300000000032011-12-31
    $0.25$0.247742900000000022011-09-30
    $0.15$0.15430782011-06-30
    $-0.08$0.03446122011-03-31
    $0.16$0.164632010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).