PWR $34.61 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. The services it provides include the design, installation, upgrade, repair and maintenance of infrastructure within each of the industries it serves, such as electric power transmission and distribution networks, substation facilities, renewable energy facilities, pipeline transmission and distribution systems and facilities, and infrastructure services for the offshore and inland water energy markets.
Based in Houston. These are the guys that have 100's of bucket trucks, among other things, that go out and fix cable, transformers.... everything. Its a pure play hurricane long. Solid company too. 17 forward PE, no real debt...
$35.30 now. Broke the 50 and 200 day. This one is going much higher. They're gonna be busy for the next year and then some. Hometown advantage too. This ones a steal once the word gets out on the stock.
In 2012 they claimed their best year because of Sandy. And Sandy was only 2 months of 2012. These are all pre-Harvey numbers: Price to book 1.53 Price/sales .63 PEG .79 Debt/Equity .14 $3/share FCF EPS 5 year growth 17% YOY EPS growth 293% Book value of $23/share 250,000 people without power. Unless the whole operation is underwater.... this thing goes to $40 easy. What am I missing here? Its almost too easy. Somebody find something wrong with this stock. Please.
Hmmmm... digging deeper here. This company prints money from hurricanes. And this hurricane, right in their own backyard is gonna be an electrical douzzy. 10's of thousands of transformers above and below ground have to be replaced or serviced... this company is gonna have high dollar premium contracts for the next several years. From what they're saying, this hurricane is like none other we've seen in the uniqueness of its damage. Here's two charts. The first is the weeks following Hurricane Katrina (Aug 27 2005). The second is the weeks following Sandy (Oct 25 2012). Note both gaps in excess of 20% after a day or so. Couple this with strong breaks above the 200 and the 50 AND the fact that Houston has to be rebuilt no matter what Kim Jong Un does.... I mean this is one of those companies that geopolitics doesn't effect.... money will be flowing into this one. The ONLY problem I can see, and I've gotta think they planned for it... is their equipment in Houston. But even at that...they are gonna get contracts out the ying yang for this hurricane. And its not done yet either. Louisiana is in its sights now too. With that balance sheet and 100MM in cash.... Its not some Silicon Valley tech rocket, but its a good stock for the times we're in. 20% from here puts this thing near $42.
Just got pumped on cnbc as a hurricane play... called it one thats gonna run. Where were they 4 days ago?