Quanta Services with ticker code (PWR) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 155 and 112 and has a mean target at 135.69. Now with the previous closing price of 125.66 this is indicating there is a potential upside of 8.0%. The 50 day MA is 107.27 and the 200 moving average now moves to 106.14. The market capitalisation for the company is $18,059m. Company Website: https://www.quantaservices.com
The potential market cap would be $19,500m based on the market concensus.
Quanta Services provides specialty contracting services worldwide. The Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; energized installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings. This segment also offers aviation services; emergency restoration services; and other engineering and technical services; design and construction solutions to wireline and wireless communications, cable multi-system operators, and other customers; and training for electric workers, as well as training for the gas distribution and communications industries. The Renewable Energy Infrastructure Solutions segment is the involved in engineering, procurement, construction, upgrade, repair, and maintenance services to renewable generation facilities, such as wind, solar, and hydropower generation facilities, as well as battery storage facilities; and provision of engineering and construction services for substations and switchyards, transmission, and other electrical infrastructures. The Underground Utility and Infrastructure Solutions segment offers design, engineering, construction, upgrade repair, and maintenance services to customers involved in the transportation, distribution, storage and processing of natural gas, oil, and other products; fabrication of pipeline support systems and related structures and facilities; and engineering and construction of pipeline and storage systems, and compressor and pump stations. The company was formerly known as Fabal Construction and changed its name to Quanta Services in November 1997. Quanta Services was orporated in 1997 and is headquartered in Houston, Texas.
