Quanta Services (PWR) to Release Quarterly Earnings on Monday

Quanta Services (NYSE:PWR) is set to announce its earnings results before the market opens on Monday, February 19th. Analysts expect the company to announce earnings of $0.44 per share for the quarter.

Shares of Quanta Services (PWR) opened at $33.53 on Monday. Quanta Services has a fifty-two week low of $30.23 and a fifty-two week high of $40.10. The company has a market capitalization of $5,190.00, a price-to-earnings ratio of 18.12, a PEG ratio of 1.72 and a beta of 0.79. The company has a current ratio of 1.85, a quick ratio of 1.80 and a debt-to-equity ratio of 0.20.

Several equities research analysts have recently commented on PWR shares. Zacks Investment Research raised Quanta Services from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a report on Monday, October 16th. Citigroup set a $47.00 target price on Quanta Services and gave the company a “buy” rating in a report on Friday, October 27th. Robert W. Baird upped their target price on Quanta Services from $39.00 to $41.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. KeyCorp reaffirmed a “buy” rating and set a $45.00 target price on shares of Quanta Services in a report on Friday, November 3rd. Finally, B. Riley upped their target price on Quanta Services from $45.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $45.33.

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About Quanta Services

Quanta Services, Inc is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power and oil and gas industries in the United States, Canada and Australia and selected other international markets. The Company operates through two segments: Electric Power Infrastructure Services, which provides network solutions to customers in the electric power industry, and Oil and Gas Infrastructure Services, which provides network solutions to customers involved in the development and transportation of natural gas, oil and other pipeline products.

Earnings History for Quanta Services (NYSE:PWR)

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