Stock price performance of Quanta Services, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 16.52% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 41.1% . Looking at the past 52 week period, the stock price is up at 94.47% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Quanta Services, Inc. has a positive value of 54.48 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 4.68% and the 50-Day Moving Average is 6.77%.The 200 Day SMA reached 33.25%
Quanta Services, Inc. is having a Relative Strength Index of 59.89 which indicates the stock is not yet over sold or over bought based on the technical indicators. Quanta Services, Inc. (NYSE:PWR) has tumbled 0.27% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 4.87% in the last four weeks. The stocks have underperformed the S&P 500 by 0.39% during the past week but Quanta Services, Inc. (NYSE:PWR) it has outperformed the index in 4 weeks by 3.94%.
Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Randall C Wisenbaker (EVP – Operations & HSE) sold 4,500 shares at 35.00 per share price.On May 8, 2015, John Michal Conaway (director) sold 9,000 shares at 28.12 per share price.
Quanta Services Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.55 EPS for the quarter. Analyst had a consensus estimate of $0.55. The company had revenue of $2040.00 million for the quarter, compared to analysts expectations of $2082.14 million. The companys revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Robert W. Baird on Nov 15, 2016 to Outperform, Raises Price Target to $ 40 from a previous price target of $30 .
Quanta Services, Inc. (NYSE:PWR) : On Friday heightened volatility was witnessed in Quanta Services, Inc. (NYSE:PWR) which led to swings in the share price. The stock opened for trading at $36.04 and hit $36.71 on the upside , eventually ending the session at $36.6, with a gain of 3.01% or 1.07 points. The heightened volatility saw the trading volume jump to 1,610,199 shares. The 52-week high of the share price is $38.08 and the company has a market cap of $5,295 million. The 52-week low of the share price is at $16.77 .
Quanta is a leading provider of specialty electrical contracting and maintenance services primarily related to electric and telecommunications infrastructure in North America. In addition, the Company provides electrical contracting services to the commercial and industrial markets and installs transportation control and lighting systems. Some of Quantas services include the installation, repair and maintenance of electric power transmission and distribution lines and telecommunication and cable television lines, the construction of electric substations, and the erection of cellular telephone.