8 Analysts Assess Quanta Services: What You Need To Know
Portfolio Pulse from Benzinga Insights
Quanta Services (NYSE:PWR) has received varied analyst ratings, with a majority being bullish. Recent evaluations show an upward trend in price targets, with an average target of $297.0, reflecting a 3.28% increase. Analysts have raised their ratings and price targets, indicating positive sentiment. Despite this, Quanta Services faces challenges with below-industry-average net margin, ROE, and ROA, though it maintains a prudent debt management strategy.
October 04, 2024 | 9:02 pm
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Quanta Services has received predominantly bullish analyst ratings, with increased price targets reflecting positive sentiment. However, the company faces challenges with profitability metrics below industry averages.
The majority of analysts have given bullish ratings to Quanta Services, with several raising their price targets. This indicates a positive outlook on the stock's future performance. However, the company's financial metrics such as net margin, ROE, and ROA are below industry averages, which could pose challenges. The prudent debt management strategy is a positive aspect, but the overall impact is likely to be positive in the short term due to the bullish sentiment and increased price targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100