Latest news with #QuantaServices'
Yahoo
20-05-2025
- Business
- Yahoo
Stock Of The Day Quanta Services Near Buy Point As Energy Appetite Expands Backlog
Quanta Services' backlog is rising amid AI-spurred energy demand. The Stock Of The Day is near a buy point as many peers set up too.
Yahoo
07-05-2025
- Business
- Yahoo
Quanta Services (NYSE:PWR) Wins Part Of US$1.7 Billion Contract For HVDC Line Project
Quanta Services saw a 33% upward price movement over the past month, largely reflecting the boost from securing nearly $1.7 billion in awards for the Grain Belt Express project. The announcement highlighting enhanced U.S. grid security and job creation added weight to this surge. The company's strong Q1 earnings report, with a significant rise in sales, and increased year-end guidance further fueled optimism, even as broader markets remained mixed amid pending Fed interest rate decisions and trade negotiations. These elements collectively supported the company's price movement compared to the market's flat performance. You should learn about the 1 risk we've spotted with Quanta Services. NYSE:PWR Revenue & Expenses Breakdown as at May 2025 These 16 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. The recent 33% surge in Quanta Services' share price, spurred by the effective communication of a US$1.7 billion win from the Grain Belt Express project, underscores the positive investor sentiment around its growth initiatives. This move is anticipated to reinforce Quanta's narrative of revenue and margin expansion driven by increased grid security efforts and job creation. However, it's pertinent to consider how this will translate into sustained financial performance. The anticipated boost in revenue and earnings forecasts aligns with Quanta's strategic expansion and acquisition efforts, particularly in Australia and through the Cupertino acquisition, which broaden service lines and enhance revenue consistency. Over the past five years, Quanta has achieved a very large total return of 906.67%, highlighting its capacity for long-term growth. Over the past year, Quanta has outperformed the US market's 7.2% return and the US Construction industry's 17% return, reflecting positively on its resilience and growth potential. The company's recent news may potentially drive revenue to US$33.5 billion by 2028, with earnings expected to grow towards US$1.5 billion, bolstering analyst confidence, as reflected in a consensus price target of US$319.60. Currently, Quanta's share price stands at US$292.38, indicating an 8.5% potential upside relative to the target. This proximity to the target suggests a market view that the stock is appropriately valued, aligning with analyst projections. Gain insights into Quanta Services' historical outcomes by reviewing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
12-04-2025
- Business
- Yahoo
Quanta Services (NYSE:PWR) Announces Quarterly Cash Dividend of US$0.10 per Share
Quanta Services announced a quarterly cash dividend of $0.10 per share, underlining its commitment to shareholder returns. Over the past week, the company's stock price increased by 13%, outperforming the broader market, which rose by 5%. This positive movement could reflect investor confidence spurred by the company's proactive dividend policy. While the market is projected to see earnings growth of 14% annually, Quanta Services' recent announcement added a favorable sentiment, contributing to the stock's impressive weekly performance amidst broader market optimism. We've identified 1 risk for Quanta Services that you should be aware of. Find companies with promising cash flow potential yet trading below their fair value. The announcement of Quanta Services' quarterly cash dividend could have implications for its revenue and earnings forecasts. By reinforcing its commitment to shareholder returns, Quanta may enhance investor confidence, potentially leading to increased demand for its stock. This confidence is reflected in the company's impressive 13% stock price rise over the past week, significantly outperforming the broader market's 5% gain. Analyst predictions of 12.3% annual revenue growth over the next three years may see further support if the dividend policy positively influences investor psychology and market sentiment. Over the past five years, Quanta Services has achieved a total return of over 680%, pointing to strong long-term performance and alignment with its strategic initiatives, including expanding service lines. This past performance provides context for today's positive news and price movements. Notably, over the previous year, Quanta's earnings growth of 21.5% exceeded the construction industry's 20.1% growth rate, indicating a favorable position within its sector. With Quanta's current share price at US$245.05 and analysts' consensus price target set at approximately US$329.29, the current valuation reflects a 21.6% expected increase. This suggests a potential for further price gains if the company's growth prospects align with analyst expectations. The dividend announcement could act as a catalyst, influencing perceptions about Quanta's revenue and profitability trajectory. Investors should remain vigilant in assessing whether the company's operational and strategic developments support the anticipated growth in revenue to US$33.5 billion and earnings to US$1.5 billion by 2028. Dive into the specifics of Quanta Services here with our thorough balance sheet health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:PWR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
17-03-2025
- Business
- Yahoo
Quanta Services (NYSE:PWR) Jumps 10% Post Positive Q4 2024 Earnings
Quanta Services saw its shares jump 10% last week following the company's positive Q4 2024 earnings report and optimistic corporate guidance for 2025. The firm reported notable year-over-year gains in sales and net income, with substantial increases in EPS. These results likely fueled investor confidence, especially as the company projects further revenue and EPS growth for the current fiscal year. Interestingly, Quanta's minimal execution of its share buyback program did not seem to dampen this optimistic outlook. This performance was notable amid a mixed market backdrop, where the broader indexes, including the S&P 500 and Nasdaq, faced downward pressure from ongoing political and economic uncertainties. While the Dow Jones experienced its worst weekly decline in two years, Quanta Services' solid corporate performance helped set it apart, pushing its stock higher despite the prevailing market volatility. Assess Quanta Services' previous results with our detailed historical performance reports. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 19 best rare earth metal stocks of the very few that mine this essential strategic resource. The past five years have witnessed Quanta Services achieve a remarkable total shareholder return, exceeding 1000%. This impressive performance can be attributed to several key developments that have influenced investor sentiment and the firm's market positioning. Notably, the company's earnings have consistently grown at an annual rate of 17.1%, reflecting strong operational performance. In 2023, Quanta's earnings surged with a noteworthy acceleration in profit growth, which continued to surpass the broader US construction industry over the past year. Moreover, despite facing a high valuation with its Price-To-Earnings Ratio significantly above industry averages, analysts remain optimistic about the stock's potential for further appreciation. Quanta's forecasted earnings growth of 15% per year also outpaces the US market's expected growth rate, underpinning long-term confidence in the firm's ability to deliver. Additionally, strategic guidance updates, forecasting considerable revenue and net income growth for 2025, continue to reinforce the company's robust market trajectory. Is Quanta Services part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:PWR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
