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 global markets.
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MGM Resorts International (MGM) (“MGM Resorts” or the “Company”) stated financial results for the quarter ended June 30, 2016.
Revenues in the second quarter of 2015 were $1.87 billion and net income from continuing operations attributable to common stock was $32.0 million, or $0.15 per diluted share. The latest poll indicate that the company may record earnings of $0.530 per share in looming quarter and $1.670 during current fiscal. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.18.
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 global markets. Led by CRUX Subsurface, a Quanta Services firm, Quanta’s scope of work comprises the engineering, procurement and construction of the project, comprising rebuilding and replacing about 145 miles of 12 and 69 kilovolt underground and overhead electric power infrastructure. Engineering and related services for the project have begun, and completion is anticipated in late 2019.
06/16/2015 – Alembic Global Advisors began new coverage on Quanta Services, Inc. giving the company a “overweight” rating. Cost of goods sold was about $1.1 million for the three months ended June 30, 2016 as compared with about $1.0 million in the previous year’s quarter.
How Quanta Services, Inc. tops analyst’s views following bullish guidance? . The stock exchanged hands with 9.75 Million shares contrast to its average daily volume of 6.26 Million shares. The stock’s market capitalization is 3.54B. (NYSE:PWR) fell -7.75% in trading session and finally closed at $23.45. They now have a United States dollars 25 price target on the stock.
02/26/2016 – Quanta Services, Inc. had its “overweight” rating reiterated by analysts at JP Morgan. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 15.80%. The stock now has an average rating of “Buy” and an average target price of $25.90. The company’s price sits -2.80% below from its 50-day moving average of $24.35 and 8.11% above from the stock’s 200-day moving average of $22.29. The stock’s RSI amounts to 34.55. Its weekly and monthly volatility is 2.73%, 1.88% respectively. The company has the institutional ownership of 90.90% while the Beta factor was 0.60. 5867721 shares were traded on Quanta Services, Inc.’s last session.
Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, August 4th. Its quick ratio for most recent quarter is 1.50 along with current ratio for most recent quarter of 1.80. During the same quarter past year, the company posted $0.24 EPS.
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02/08/2016 – Quanta Services, Inc. was downgraded to “neutral” by analysts at UBS. The company now has a Return on Equity of 8.10% and Return on Investment of 3.90%.
