Quanta Services
About: Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure.
Employees: 52,500
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
88% more call options, than puts
Call options by funds: $454M | Put options by funds: $242M
29% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 124
24% more funds holding in top 10
Funds holding in top 10: 29 [Q2] → 36 (+7) [Q3]
14% more capital invested
Capital invested by funds: $34.2B [Q2] → $39B (+$4.74B) [Q3]
10% more repeat investments, than reductions
Existing positions increased: 427 | Existing positions reduced: 387
3% more funds holding
Funds holding: 1,124 [Q2] → 1,160 (+36) [Q3]
3.18% less ownership
Funds ownership: 92.02% [Q2] → 88.84% (-3.18%) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$297
10%
downside
Avg. target
$353
8%
upside
High target
$399
21%
upside
8 analyst ratings
7 positive
88%
1 neutral
13%
0 negative
0%
Truist Securities Jamie Cook 71% 1-year accuracy 56 / 79 met price target | 21%upside $399 | Buy Maintained | 19 Dec 2024 |
Stifel Stanley Elliott 58% 1-year accuracy 18 / 31 met price target | 14%upside $374 | Buy Maintained | 11 Dec 2024 |
Citigroup Andrew Kaplowitz 61% 1-year accuracy 41 / 67 met price target | 20%upside $394 | Buy Maintained | 9 Dec 2024 |
Northland Capital Markets Gus Richard 54% 1-year accuracy 15 / 28 met price target | 0%downside $328 | Outperform Reiterated | 1 Nov 2024 |
Baird Andrew Wittmann 81% 1-year accuracy 26 / 32 met price target | 1%upside $333 | Outperform Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 10 articles about PWR published over the past 30 days
Positive
Seeking Alpha
11 hours ago
Our Top 10 Dividend Growth Stocks - December 2024
This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum, suitable for investors in the accumulation phase.
Positive
Seeking Alpha
5 days ago
Quanta Services: Upgrading To Buy As Strong Long-Term Growth Prospects Outweigh Valuation Concerns
Quanta Services shows strong topline growth driven by power generation demand and renewable projects in the third quarter of 2024. Expected to sustain margin growth through strategic focus on higher-margin projects and disciplined cost management. Favorable long-term outlook driven by infrastructure investments and energy transition initiatives.
Positive
Seeking Alpha
1 week ago
Quanta Services: Another Year Of Robust Growth Ahead
Quanta Services, Inc. has been upgraded to a Strong Buy with a one-year target price of $379.82 due to robust earnings growth. The company reported strong Q3-2024 results, with revenues up to $6.49 billion and net income growing to $293.2 million. Quanta's diverse revenue streams, significant backlog, and effective M&A strategy position it well for continued growth.
Neutral
PRNewsWire
1 week ago
Quanta Services Australia chooses IFS Cloud to drive consolidation and fuel growth
Industry-leading ERP solution will enable infrastructure solutions provider to standardize operations, reduce tech complexity and support dynamic expansion. LONDON , Dec. 10, 2024 /PRNewswire/ -- IFS, a leading enterprise cloud and Industrial AI software provider, today announced that Quanta Services Australia (QSA), a specialist in infrastructure solutions across energy, resources, and renewables, is set to implement IFS Cloud.
Positive
Zacks Investment Research
2 weeks ago
Here's Why Quanta Services (PWR) is a Strong Growth Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Positive
Zacks Investment Research
2 weeks ago
Why Quanta Services (PWR) is a Top Stock for the Long-Term
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Neutral
Zacks Investment Research
3 weeks ago
The Zacks Analyst Blog Matthews International, ZIM Integrated Shipping, Quanta Services and Orange County Bancorp
Matthews International, ZIM Integrated Shipping, Quanta Services and Orange County Bancorpare included in this Analyst Blog.
Neutral
Zacks Investment Research
3 weeks ago
4 Stocks to Keep an Eye On Following Recently Declared Dividend Hikes
MATW, ZIM, PWR and OBT recently announced dividend hikes.
Positive
Seeking Alpha
3 weeks ago
Thankful Investors - Last 5 Years
We're highlighting the 25 best-performing stocks in the S&P 1500 on a total return basis over the last five years. At the top of the list, above even Nvidia, is Alpha Metallurgical, which mines and produces coal for steel production and power generation. NVDA ranks second, turning $1,000 five years ago into more than $25,000 today, followed by energy drink maker Celsius, MARA Holdings, and GameStop.
Positive
Zacks Investment Research
4 weeks ago
Quanta Hikes Dividend by 11.1%: A Move to Boost Investor Value
Quanta Services Inc. PWR, a leading provider of infrastructure solutions for the electric power, pipeline, and telecommunications sectors, has announced an 11.1% increase in its quarterly dividend. This move underscores the company's confidence in its financial health and commitment to enhancing shareholder value.
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