Quanta Services (PWR) Reach TL Support Level As MEDNAX (MD), Southwestern Energy (SWN), Toro (TTC)

Quanta Services, Inc.’s (PWR) first-quarter 2014 net income from continuing operations attributable to common stock slashed to $54.4 million, or $0.25 per share, from $72.1 million, or $0.34 per share, in the first quarter of 2013. Recent quarter’s net income attributable to common stock included $38.8 million of incremental selling, general and administrative expense as a result of an arbitration decision related to a deal dispute on a directional drilling project that occurred in 2010. The price of Quanta Services, Inc. (NYSE:PWR), General Contractors company, stock burgeoned 1.65% to $34.54. The stock is dealing at -7.70% below its 52-week high and 36.74% above its 52-week low. PWR has 27.42x price to cash flow ratio with 5.70% profit margin. Its beta value stands at 0.61 times. The firm has the market capitalization of $7493.80 million. PWR showed -5.55% quarterly performance. Analysts rate it a ‘Buy’ stock.

Mednax, Inc. (MD) announced first-quarter earnings of $64 million, or $0.63 per share in the first quarter 2014, contrasted with last year’s $55.37 million, or $0.55 per share. On average, 16 analysts polled by Thomson Reuters promising earnings per share of $0.63 for the quarter. Analysts’ estimates typically exclude one-time items. Driven mainly by the contributions from acquisitions completed while January 2013, net patient service revenue proliferated year-on-year to $566.34 million, from $502.72 million, as long as 14 analysts valued revenues of $575.05 million for the quarter. MEDNAX, Inc. (NYSE:MD), Specialized Health Services company, tumbled -0.49% in last trading session and ended the day on $58.56. The stock is trading -9.22% below its 52-week high and 34.42% above its 52-week low. In valuation, MEDNAX, Inc. maintained 2.51x price to book and 2.62x price to sales ratio. Company also recorded 0.11x debt over equity financial leverage. MD showed 0.51% weekly performance. Investment experts consider it a ‘Hold’ stock.

Southwestern Energy Company (SWN) reported first-quarter net income of $194.2 million, or $0.55 per share, correlated to $127.5 million, or $0.36 per share, in the first quarter of 2013. Adjusted net income was $231.4 million, or $0.66 per share, for the quarter. On average, 34 analysts polled by Thomson Reuters possible the company to announce profit per share of $0.63 for the quarter. Southwestern Energy Co. (NYSE:SWN), Independent Oil & Gas company, swung 0.59% in last regular trading to $47.43. The stock is priced with the difference of 14.78% 200-day simple moving average and 2.34% 50-day moving average. Company has 353.07 million shares outstanding with $16746.11 million market capitalization. Southwestern Energy Co. has $2.19 EPS currently and sees 198.50% growth this year and 2.85% next year. SWN’s yearly performance is 26.24%. Trade experts think of it as ‘Hold’ stock.

Turf maintenance equipment maker Toro Co. (TTC) on Thursday reported an 11 percent raise in profit for the second quarter from last year, reflecting higher sales at its professional and residential segments. Both earnings per share and revenue for the quarter hit analysts’ expectations. Looking ahead, Toro forecast earnings for the third quarter and affirmed its earnings outlook for fiscal 2014, both below analysts’ estimates. Michael Hoffman, Toro’s chairman and chief executive officer said, “Although retail sales of some residential products were hampered by the late spring, we experienced strong growth in our landscape maintenance business.” Toro Co. (NYSE:TTC), Small Tools & Accessories, is currently trading at $64.15, which gained 0.17%. The stock is trading -3.24% below its 50 days high and 5.15% above its 50 days low. TTC’s price to free cash flow is 22.09%. Company is trading at a P/E multiple of 23.58x with 1.55% monthly volatility. The stock is having 43.20% return on equity and 14.90% return on assets. TTC’s year to date performance is 1.18%. Experts rate it a ‘Hold’ stock.

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Joseph Clements, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Joseph Clements, you can write at [Joseph.Clements@downtownleader.com ].

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