Quanta Services<\\/b> has seen a mixed array of financial commentary, with proven growth and profitability yet concerns over its stock's valuation. The company's recent acquisition of Cupertino Electric, an electrical infrastructure solutions provider, has further established it as a market leader, as reflected by its 83 RS Rating. Its consistent leverage in construction and power sectors has made it surpass competitors, even on loss days. This has promoted optimism among some investors and Wall Street analysts. Meanwhile, intensively watched movements such as dividends, earnings, and price momentum gains suggest a solid choice for long-term growth investment. Several key players like Triasima Portfolio Management Inc, Howard Capital Management Inc, and Strategy Asset Managers LLC have increased their holdings in the company, indicating confidence. Yet, its stock has been given a 'Hold' rating with a $256 target by Jefferies. There are concerns about its high debt. It is also notable that PECONIC Partners have cited PWR as their top stock pick, and the increase in its Q2 Earnings has been marked. Q2 results reportedly demonstrated a rise in net income, while Q1 earnings and revenues topped estimates.
Quanta Services PWR News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Sun, 08 Sep 2024 16:00:23 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 0
