Quanta Services Inc. (PWR): Today's Featured Materials & Construction Winner
(
) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.1%. By the end of trading, Quanta Services rose $0.37 (1.4%) to $26.77 on average volume. Throughout the day, 2,694,284 shares of Quanta Services exchanged hands as compared to its average daily volume of 1,888,800 shares. The stock ranged in a price between $26.54-$27.10 after having opened the day at $26.64 as compared to the previous trading day's close of $26.40. Other companies within the Materials & Construction industry that increased today were:
China Recycling Energy Corporation
(
), up 19.1%,
(
), up 9.4%,
(
), up 9.1% and
(
), up 5.7%.
Quanta Services, Inc. provides specialty contracting services and infrastructure solutions in North America and internationally. It operates in three segments: Electric Power Infrastructure Services; Natural Gas and Pipeline Infrastructure Services; and Fiber Optic Licensing and Other. Quanta Services has a market cap of $5.5 billion and is part of the industrial goods sector. Shares are down 3.3% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Quanta Services a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Quanta Services
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Quanta Services Ratings Report.
On the negative front,
Perma-Fix Environmental Services
(
), down 6.1%,
(
), down 4.4%,
(
), down 3.7% and
(
), down 3.6% , were all laggards within the materials & construction industry with
(
) being today's materials & construction industry laggard.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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