Quanta Services, Inc. stock performance trend indicates that the stock price has rallied 7.04% 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 33.12% . Looking at the past 52 week period, the stock price is up at 64.36% . 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 51.31 compared to overall market.Quanta Services, Inc. is having a Relative Strength Index of 51.66 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Quanta Services, Inc. (NYSE:PWR) has tumbled 0.13% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.05% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.37%. Quanta Services, Inc. (NYSE:PWR) has underperformed the index by 1.09% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Quanta Services, Inc. (NYSE:PWR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.22 points or 0.59% at $37.26 with 1,695,090 shares getting traded. Post opening the session at $37.57, the shares hit an intraday low of $37.02 and an intraday high of $37.62 and the price was in this range throughout the day. The company has a market cap of $5,408 million and the number of outstanding shares has been calculated to be 145,133,160 shares. The 52-week high of Quanta Services, Inc. (NYSE:PWR) is $38.82 and the 52-week low is $21.6.
Company has reported several Insider transactions to the SEC, on Mar 1, 2017, Nicholas M Grindstaff (VP – Finance and Treasurer) sold 27,000 shares at 38.20 per share price.On Mar 1, 2017, Patrick Iii Wood (director) sold 5,000 shares at 38.08 per share price.On Feb 28, 2017, Derrick A Jensen (Chief Financial Officer) sold 16,305 shares at 37.66 per share price.
Quanta Services Inc Last issued its quarterly earnings results on Feb 21, 2017. The company reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.58. The company had revenue of $2103.00 million for the quarter, compared to analysts expectations of $2152.99 million. The companys revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
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.