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Quanta Services Stock: Low Dividends, Solid Fundamentals

I am bullish on Quanta Services , Inc. (NYSE:PWR) stock. Quanta sells, installs, upgrades, repairs, and maintains infrastructure and network solutions to the electric power,...
Quanta Services Stock: Low Dividends, Solid Fundamentals © Reuters. Quanta Services Stock: Low Dividends, Solid Fundamentals

I am bullish on Quanta Services , Inc. (NYSE:PWR) stock.  

Quanta sells, installs, upgrades, repairs, and maintains infrastructure and network solutions to the electric power, oil, gas, and communication industries. Over 24 years, Quanta has built a market cap of $16 billion. (See PWR stock charts on TipRanks)

Quanta Engineers Money

Quanta's revenue has trended upward in each of the past five years, save for a pandemic-influenced 2020. Despite the pandemic’s toll on the North American economy, Quanta’s net income in Fiscal Year 2020 was $446 million, up 10.8% year-over-year.

Quanta’s assets as of Q2 2021 were $8.7 billion, against liabilities of $4.2 billion.

TipRanks assigns PWR a Smart Score of 8 out of 10, citing bullish blogger opinions, very positive investor sentiment, and positive technicals.

America is upgrading its power grids, modernizing its harbors and airports, expanding renewable sources of energy, and bringing Internet access to millions of people living in wi-fi deserts.

The country needs grids and lines for EVs. Power companies are trending towards outsourcing developments and maintenance. Quanta has such a 15-year long contract to maintain the power distribution system of Puerto Rico.

Worth a Mention

Insider trading was heavy on the sell-side over the past three months, far outdistancing the number of shares insiders bought.

As well, management appears more committed to M&As than increasing its dividend. The company has acquired over 200 companies since its founding.

The announcement of Quanta’s acquisition of energy storage company Blattner Holdings Co., sparked a 13% pop in the share price over two days in September, expressing the volatility of the stock. Blattner cost $2.7 billion in cash and shares of PWR.

The dividend has not grown in three years, hovering at 0.2%. That is well below the unimpressive average for the Industrial Sector of 1.25%.

Lastly, one must ponder how inflation, wage increases, labor shortages, and shortages of raw materials and manufactured goods will affect earnings over the next two years. What if the pending infrastructure legislation fails to pass, or the allocations are halved as one Senate Democrat proposes?

Bottom Line

Quanta operates in high-value sectors, and the average PWR price target has an upside potential of 9.9%. Shares sell at near-to-fair value, despite being so volatile.

Quanta is in a sound position to benefit from an expanding economy, more federal spending, and outsourcing by utility companies.

Overall, PWR is low-risk with solid growth potential..

Disclosure: At the time of publication, Harold Goldmeier did not have a position in any of the securities mentioned in this article.

​Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates, and should be considered for informational purposes only. TipRanks makes no warranties about the completeness, accuracy or reliability of such information. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. Nothing in the article constitutes legal, professional, investment and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. Past performance is not indicative of future results, prices or performance.

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27-09-2021 20:36:03 (UTC+7)

EUR/USD

1.1697

-0.0016 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

EUR/USD

1.1697

-0.0016 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

GBP/USD

1.3695

+0.0013 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/JPY

110.95

+0.23 (+0.21%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

AUD/USD

0.7268

+0.0009 (+0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

USD/CAD

1.2662

+0.0010 (+0.08%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

EUR/JPY

129.78

+0.08 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

EUR/CHF

1.0852

+0.0029 (+0.26%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Gold Futures

1,751.35

-0.35 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

Silver Futures

22.602

+0.177 (+0.79%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.2862

+0.0007 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

75.50

+1.52 (+2.05%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (0)

Brent Oil Futures

78.83

+1.60 (+2.07%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (1)

Natural Gas Futures

5.558

+0.358 (+6.88%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (11)

Sell (0)

US Coffee C Futures

192.93

-1.42 (-0.73%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (2)

Euro Stoxx 50

4,164.35

+5.84 (+0.14%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

S&P 500

4,442.68

-12.80 (-0.29%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

DAX

15,566.05

+34.30 (+0.22%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

FTSE 100

7,052.90

+1.42 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Hang Seng

24,208.78

+16.62 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,261.90

+8.02 (+0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

IBEX 35

8,995.50

+122.40 (+1.38%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

64.635

+0.935 (+1.47%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

47.23

+0.75 (+1.61%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

195.66

+3.32 (+1.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

278.20

-3.37 (-1.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Deutsche Lufthansa AG

6.415

+0.182 (+2.92%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (2)

Siemens AG Class N

146.94

-1.17 (-0.79%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (0)

Deutsche Bank AG

11.040

+0.205 (+1.89%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (0)

 EUR/USD1.1697↑ Sell
 GBP/USD1.3695↑ Sell
 USD/JPY110.95↑ Buy
 AUD/USD0.7268↑ Buy
 USD/CAD1.2662↑ Buy
 EUR/JPY129.78↑ Buy
 EUR/CHF1.0852↑ Buy
 Gold1,751.35↑ Sell
 Silver22.602↑ Sell
 Copper4.2862↑ Buy
 Crude Oil WTI75.50↑ Buy
 Brent Oil78.83↑ Buy
 Natural Gas5.558↑ Buy
 US Coffee C192.93↑ Buy
 Euro Stoxx 504,164.35↑ Buy
 S&P 5004,442.68↑ Sell
 DAX15,566.05↑ Buy
 FTSE 1007,052.90↑ Buy
 Hang Seng24,208.78↑ Buy
 Small Cap 20002,261.90↑ Buy
 IBEX 358,995.50↑ Buy
 BASF64.635↑ Buy
 Bayer47.23↑ Buy
 Allianz195.66↑ Buy
 Adidas278.20↑ Sell
 Lufthansa6.415↑ Buy
 Siemens AG146.94↑ Buy
 Deutsche Bank AG11.040↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,715
(5,665/ 5,715) # 900
SJC HCM5,635/ 5,700
(0/ 0) # 885
SJC Hanoi5,635/ 5,702
(0/ 0) # 887
SJC Danang5,635/ 5,702
(0/ 0) # 887
SJC Nhatrang5,635/ 5,702
(0/ 0) # 887
SJC Cantho5,635/ 5,702
(0/ 0) # 887
Cập nhật 27-09-2021 20:36:08
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,751.79+2.290.13%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2204022480
RON 95-II,III2194022370
E5 RON 92-II2071021120
DO 0.05S1658016910
DO 0,001S-V1693017260
Dầu hỏa1564015950
ↂ Giá dầu thô thế giới
WTI$75.18-0.49-0.66%
Brent$78.60-0.59-0.76%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.630,0022.860,00
EUR25.993,7727.346,60
GBP30.324,2231.591,18
JPY200,45212,05
KRW16,7520,39
Cập nhật lúc 18:54:42 27/09/2021
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