Citigroup Maintains Buy on Quanta Services, Raises Price Target to $302
$PWR
Engineering & Construction
Industrials
Citigroup analyst Andrew Kaplowitz maintains Quanta Services (NYSE:PWR) with a Buy and raises the price target from $299 to $302.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | $280.00 → $335.00 | Buy | TD Cowen |
| 10/7/2024 | $297.00 | Neutral | JP Morgan |
| 9/19/2024 | $313.00 | Outperform | Wolfe Research |
| 9/4/2024 | $256.00 | Hold | Jefferies |
| 8/8/2024 | $270.00 → $280.00 | Buy | TD Cowen |
| 3/14/2024 | $301.00 | Buy | Truist |
| 2/27/2024 | $205.00 → $270.00 | Outperform | TD Cowen |
| 2/13/2024 | $237.00 | Outperform | Evercore ISI |
HOUSTON, Nov. 21, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.10 per share, or a rate of $0.40 per share on an annualized basis, which represents an approximately 11.1% increase from Quanta's last quarterly cash dividend paid in October 2024. The dividend is payable on January 13, 2025, to stockholders of record as of January 2, 2025. About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure
Baird Global Industrial Conference UBS Global Industrials and Transportation Conference HOUSTON, Nov. 6, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that company management will participate in two institutional investor conferences during the fourth quarter of 2024; the Baird Global Industrial Conference and the UBS Global Industrials and Transportation Conference. Baird Global Industrial ConferenceDuke Austin, Chief Executive Officer and Jayshree Desai, Chief Financial Officer, will meet with institutional investors during the conference on Nov. 13,
Third Quarter Consolidated Revenues of $6.5 Billion* Third Quarter GAAP Diluted EPS of $1.95* and Adjusted Diluted EPS of $2.72* Net Income Attributable to Common Stock of $293.2 Million* and Adjusted EBITDA of $682.8 Million* Year-to-Date Cash Flow From Operations of $1.37 Billion* and Free Cash Flow of $979.3 Million* Remaining Performance Obligations of $15.6 Billion* and Total Backlog of $34.0 Billion* Raising Mid-Point of Full-Year 2024 Adjusted Earnings Per Share Expectations * = Record quarterly or record third quarter result HOUSTON, Oct. 31, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) today announced results for the three and nine months ended September 30, 2024. Revenues
10-Q - QUANTA SERVICES, INC. (0001050915) (Filer)
8-K - QUANTA SERVICES, INC. (0001050915) (Filer)
8-K - QUANTA SERVICES, INC. (0001050915) (Filer)
SC 13G - QUANTA SERVICES, INC. (0001050915) (Subject)
SC 13G/A - QUANTA SERVICES, INC. (0001050915) (Subject)
SC 13G/A - QUANTA SERVICES, INC. (0001050915) (Subject)
4 - QUANTA SERVICES, INC. (0001050915) (Issuer)
4 - QUANTA SERVICES, INC. (0001050915) (Issuer)
4 - QUANTA SERVICES, INC. (0001050915) (Issuer)
TD Cowen reiterated coverage of Quanta Services with a rating of Buy and set a new price target of $335.00 from $280.00 previously
JP Morgan initiated coverage of Quanta Services with a rating of Neutral and set a new price target of $297.00
Wolfe Research initiated coverage of Quanta Services with a rating of Outperform and set a new price target of $313.00
To gain an edge, this is what you need to know today. GDP Brings Buying Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows a drop in QQQ. The drop in QQQ was triggered by speculative sentiment pulling back. As a reader of The Arora Report, you knew in advance that speculative sentiment could fall as a result of Tesla Inc (NASDAQ:TSLA) earnings. The chart shows that QQQ is approaching the support zone. RSI on the chart shows that QQQ is now oversold. Oversold markets tend to bounce. The chart shows that the volume was low on the selloff. This indicates a lack of conviction in selling. Especially hard hit in
Citigroup analyst Andrew Kaplowitz maintains Quanta Services (NYSE:PWR) with a Buy and raises the price target from $299 to $302.
HOUSTON, Nov. 21, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.10 per share, or a rate of $0.40 per share on an annualized basis, which represents an approximately 11.1% increase from Quanta's last quarterly cash dividend paid in October 2024. The dividend is payable on January 13, 2025, to stockholders of record as of January 2, 2025. About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure
Third Quarter Consolidated Revenues of $6.5 Billion* Third Quarter GAAP Diluted EPS of $1.95* and Adjusted Diluted EPS of $2.72* Net Income Attributable to Common Stock of $293.2 Million* and Adjusted EBITDA of $682.8 Million* Year-to-Date Cash Flow From Operations of $1.37 Billion* and Free Cash Flow of $979.3 Million* Remaining Performance Obligations of $15.6 Billion* and Total Backlog of $34.0 Billion* Raising Mid-Point of Full-Year 2024 Adjusted Earnings Per Share Expectations * = Record quarterly or record third quarter result HOUSTON, Oct. 31, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) today announced results for the three and nine months ended September 30, 2024. Revenues
HOUSTON, Oct. 16, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, October 31, 2024. Earnings Call Format and Supplemental MaterialsShortly following the issuance of its third quarter 2024 earnings release, Quanta will post its Third Quarter 2024 Operational and Financial Commentary on the Investor Relations sect
PHOENIX, Oct. 22, 2024 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation ("WillScot" or the "Company") (NASDAQ:WSC), a leader in innovative flexible space and storage solutions, today announced the appointment of Worthing Jackman to the WillScot Board of Directors, effective October 22, 2024. Erik Olsson, Chairman of WillScot, commented, "We are pleased to welcome Worthing Jackman to the WillScot Board, as part of our Board's ongoing refreshment efforts. Mr. Jackman's appointment demonstrates our commitment to enhancing and diversifying skills, expertise, and knowledge as WillScot continues to execute its growth strategy and enhance its financial and operational performance. He is a sea
OSCEOLA, Ark., Sept. 11, 2024 /PRNewswire/ -- Hybar LLC, a company building a technologically advanced environmentally sustainable scrap metal recycling steel rebar mill in northeast Arkansas, announced today that Quanta Services, Inc. (NYSE:PWR) recently made a strategic equity investment in Hybar. Quanta Services joins Hybar's existing high-profile group of equity investors, including TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform; Koch Minerals & Trading, a Koch subsidiary specializing in commodity trading and services; and Global Principal Partners, the investment entity used by Hybar's senior management team.
Ticker Symbol Changing to AIOT with July 1st Market Open WOODCLIFF LAKE, N.J., June 10, 2024 /PRNewswire/ -- Powerfleet, Inc. (NASDAQ:PWFL) today announced that they are set to join the small-cap Russell 2000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024, according to a preliminary list of additions posted Friday, May 24, 2024. Additionally, to reflect its position as a top-tier global artificial intelligence of things (AIoT) software-as-a-service (SaaS) provider, Powerfleet wil