Quanta Services Inc. (PWR), a major player in the engineering sector, continues to attract investor interest due to strong growth indicators and sound long-term prospects. The company consistently maintained an annual
dividend payout of $0.40 and showed strong results in Q4 2024, which lead the stock to rise by 10%. Despite occasional dips, PWR is predicted to be a top engineering stock for 2025. A new
investment by Allstate Corp further signals confidence in PWR's future. Bearish indicators from insider selling were noted, however, fundamentals appear robust. The company's stock outperforms the industrial sector, but faces downgrade over concerns in AI and Renewable Energy sectors. Despite this, analysts maintain that PWR is positioned for an AI infrastructure boom. Recent earnings calls highlighted
record revenues and strategic growth, with Bernstein maintaining an outperform rating and setting a target of $347. However, its share price was revised downwards by BofA. A notable event was Quanta Services' acquisition of Cupertino Electric, Inc., projecting another year of robust growth for PWR.
Quanta Services PWR News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Wed, 02 Apr 2025 19:30:19 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 3
