The recent news about Quanta Services, Inc. (PWR) includes its successful performance as compared to its competitors and expectations of increased revenues. The firm has also been spotlighted for strong trading days. Furthermore, reports prominently feature Quanta’s earnings, with positive growth despite encountering some underperforming days. Q4 and Q1 Earnings have topped estimates, leading to some uplifting stock forecasts and price targets for 2024. Investment firms like Boston Partners, Principal Securities Inc., Janney Montgomery Scott LLC, EFG Asset Management North America Corp., and Jump Financial LLC have grown stakes in Quanta. However, Great Lakes Advisors LLC and Essex Investment Management Co. LLC have sold significant shares. Quanta has announced quarterly cash dividends and recorded a 14% EPS beat. Moreover, Quanta Services has been earning favorable ratings with 'Buy' and 'Strong Buy' from Truist Financial and other brokerages. The company’s strategic SWOT insight, lofty price target increase by Evercore ISI, outperforming stock, and beats on earnings expectations add to their positive future outlooks. Such news presents Quanta Services Inc. as a potential stock for the long-term and growth investors.
Quanta Services PWR News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sun, 19 May 2024 11:05:18 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor -2
