Quanta Services (PWR) Catches Eye: Stock Rises 5% - Tale of the Tape

By Zacks Equity Research,

Shutterstock photo

Quanta Services, Inc. ( PWR ) was a big mover last session, as the company saw its shares increase 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $28.73 to $29.67.

This electrical contracting and maintenance services company has seen 8 positive revisions in the last 2 months and its Zacks Consensus Estimate moved higher over the same time frame. This suggests that more solid trading could be ahead for Quanta Services. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.

Quanta Services currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other stocks in the broader construction sector worth considering include CaesarStone Sdot-Yam Ltd. ( CSTE ) and Winnebago Industries, Inc. ( WGO ). Both carry a Zacks Rank #1 (Strong Buy). Another player in the engineering/research and development industry, which looks attractive at current levels, is VSE Corp. ( VSEC ), also with a Zacks Rank #1.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

CAESAR STONE SD (CSTE): Free Stock Analysis Report

QUANTA SERVICES (PWR): Free Stock Analysis Report

VSE CORP (VSEC): Free Stock Analysis Report

WINNEBAGO (WGO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: CSTE , PWR , VSEC , WGO

More from Zacks.com




Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com