Quanta Services (PWR) has been recognized as a solid growth and momentum stock in multiple analyses. Their financial prospects are driving strong momentum, with the company consistently beating estimates in earnings reports. Recently, they've demonstrated incredible growth, with shares yielding up to 824% return over the past five years. They've initiated a quarterly cash dividend strategy and recently declared a US$0.10 per share quarterly dividend. Initiations from
Mizuho and
Texas Capital Securities gave neutral and buy ratings respectively. On the other hand, they've acknowledged market volatility as the stock dropped 1.3% amid market sell-off, with few consecutive days of loss streaks. Moreover,
Quanta Services has acquired
Dynamic Systems, a premier provider of turnkey mechanical and process infrastructure solutions, a strategic move in expanding further. The company also raised its 2025 revenue and earnings guidance to over
US$27 billion, evidencing an optimistic future insight. Still, there's noted caution among investors due to mixed analysts' perspectives and weak technicals.
Quanta Services PWR News Analytics from Thu, 26 Dec 2024 08:00:00 GMT to Thu, 04 Sep 2025 13:28:12 GMT -
Rating 5
- Innovation -1
- Information 4
- Rumor -2
