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 two reportable segments: electric infrastructure and underground utility and infrastructure.
Employees: 58,400
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
156% more first-time investments, than exits
New positions opened: 187 | Existing positions closed: 73
63% more call options, than puts
Call options by funds: $487M | Put options by funds: $298M
8% more funds holding
Funds holding: 1,166 [Q3] → 1,254 (+88) [Q4]
6% more capital invested
Capital invested by funds: $41.4B [Q3] → $43.9B (+$2.58B) [Q4]
3% more funds holding in top 10
Funds holding in top 10: 36 [Q3] → 37 (+1) [Q4]
6% more repeat investments, than reductions
Existing positions increased: 462 | Existing positions reduced: 435
2.55% less ownership
Funds ownership: 94.3% [Q3] → 91.75% (-2.55%) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$316
27%
upside
Avg. target
$355
43%
upside
High target
$407
63%
upside
7 analyst ratings
6 positive
86%
1 neutral
14%
0 negative
0%
BMO Capital Ameet Thakkar 31% 1-year accuracy 4 / 13 met price target | 27%upside $316 | Outperform Upgraded | 25 Feb 2025 |
Stifel Stanley Elliott 26% 1-year accuracy 6 / 23 met price target | 30%upside $323 | Buy Maintained | 24 Feb 2025 |
Roth MKM Philip Shen 0% 1-year accuracy 0 / 18 met price target | 41%upside $350 | Buy Initiated | 21 Feb 2025 |
Citigroup Andrew Kaplowitz 26% 1-year accuracy 21 / 81 met price target | 49%upside $371 | Buy Maintained | 29 Jan 2025 |
JP Morgan Drew Chamberlain 38% 1-year accuracy 3 / 8 met price target | 30%upside $323 | Neutral Maintained | 28 Jan 2025 |
Financial journalist opinion
Based on 11 articles about PWR published over the past 30 days
Positive
CNBC Television
2 days ago
Trade Tracker: Stephanie Link buys more Eaton, Quanta Services, Bank of America and Chipotle
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
Positive
Zacks Investment Research
1 week ago
STRL vs. PWR: Which Stock Should Value Investors Buy Now?
Investors interested in Engineering - R and D Services stocks are likely familiar with Sterling Infrastructure (STRL) and Quanta Services (PWR). But which of these two stocks presents investors with the better value opportunity right now?
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.
Neutral
Seeking Alpha
2 weeks ago
Quanta Services, Inc. (PWR) Q4 2024 Earnings Call Transcript
Quanta Services, Inc. (NYSE:PWR ) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Kip Rupp - Vice President of Investor Relations Duke Austin - President and CEO Jayshree Desai - Chief Financial Officer Conference Call Participants Chad Dillard - Bernstein Ati Modak - Goldman Sachs Jamie Cook - Truist Securities Steven Fisher - UBS Julien Dumoulin Smith - Jefferies Steve Fleishman - Wolfe Research Justin Hauke - Robert W. Baird Brian Brophy - Stifel Adam Thalhimer - Thompson Davis Drew Chamberlain - J.P.
Positive
Zacks Investment Research
2 weeks ago
Quanta Beats Q4 Earnings Estimates, Eyes Solid 2025 Growth
PWR's fourth-quarter results reflect double-digit revenue and earnings growth, riding a wave of strong demand for infrastructure solutions.
Positive
Zacks Investment Research
3 weeks ago
Quanta Services (PWR) Beats Q4 Earnings Estimates
Quanta Services (PWR) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.04 per share a year ago.
Neutral
PRNewsWire
3 weeks ago
QUANTA SERVICES REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS
Full-Year 2025 Guidance Reflects Double-Digit Growth in Revenues, Net Income, Adjusted EBITDA and Earnings Per Share Ability to Achieve Record Backlog in 2025 Fourth Quarter 2024 Results Include: Consolidated Revenues of $6.55 Billion* GAAP Diluted EPS of $2.03* and Adjusted Diluted EPS of $2.94* Net Income Attributable to Common Stock of $305.1 Million* Adjusted EBITDA of $737.8 Million* Cash Flow From Operations of $712.0 million and Free Cash Flow of $575.4 million Year-End Remaining Performance Obligations (RPO) of $16.76 Billion* and Total Backlog of $34.54 Billion* Year-End Renewable Energy Infrastructure Solutions Segment RPO and Total Backlog Reach All-Time Highs* Full-Year 2024 Results Include: Consolidated Revenues of $23.67 Billion* GAAP Diluted EPS of $6.03* and Adjusted Diluted EPS of $8.97* Net Income Attributable to Common Stock of $904.8 Million* Adjusted EBITDA of $2.33 Billion* Cash Flow From Operations of $2.08 Billion* and Free Cash Flow of $1.55 billion* * = Record quarterly or record fourth quarter or full year result HOUSTON , Feb. 20, 2025 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and twelve months ended December 31, 2024. Revenues in the fourth quarter of 2024 were $6.55 billion compared to revenues of $5.78 billion in the fourth quarter of 2023, and net income attributable to common stock was $305.1 million, or $2.03 per diluted share, in the fourth quarter of 2024 compared to net income attributable to common stock of $210.9 million, or $1.42 per diluted share, in the fourth quarter of 2023.
Positive
Zacks Investment Research
3 weeks ago
Here's What Investors Must Know Ahead of Quanta's Q4 Earnings
PWR's fourth-quarter 2024 results are likely to reflect robust demand for its diversified offerings. Know more about the stock ahead of the quarterly release.
Neutral
Zacks Investment Research
3 weeks ago
Quanta Services (PWR) Declines More Than Market: Some Information for Investors
In the most recent trading session, Quanta Services (PWR) closed at $285.45, indicating a -1.86% shift from the previous trading day.
Neutral
Zacks Investment Research
3 weeks ago
Exploring Analyst Estimates for Quanta Services (PWR) Q4 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of Quanta Services (PWR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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