Investors might want to bet on Quanta Services (PWR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual invest ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Quanta Services (PWR) .Quanta Services currently has an average b ...

Quanta Services (PWR) FY 2025 Conference May 28, 2025 08:00 AM ET Speaker0 Hi. Good morning, everyone. My name is Chad Dillard. I'm the lead analyst here at Bernstein covering the machinery sector and the electrical infrastructure companies. I'm really pleased to have Quanta Services here who is, a leading electrical infrastructure solutions provider. And, joining me from the company is, Duke Austin, CEO, and Jay Sridharasad, CFO. So if you have any questions, during this fireside chat, there is a link some ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Sty ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Quanta Services (PWR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Quanta Services currently h ...

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde"), a public company listed on the Canadian Securities Exchange under the trading symbol PWR and further listed on the US OTC Market under the trading symbol CPIVF announces that Simon Lester has joined our Advisory Board to provide guidance on our creation of the world's only pure virgin water bottling platform making only absolute pure water created by the Genesis System ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Quanta Services (PWR) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Quanta Services is one of 90 individual stocks in the Construction sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank includ ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge ...

Quanta Services (PWR) reported $6.23 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 23.9%. EPS of $1.78 for the same period compares to $1.41 a year ago.The reported revenue represents a surprise of +6.11% over the Zacks Consensus Estimate of $5.87 billion. With the consensus EPS estimate being $1.66, the EPS surprise was +7.23%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Financial Performance - Consolidated revenues for the first quarter of 2025 increased to $6.23 billion, a 23.9% increase compared to $5.03 billion in the first quarter of 2024[139] - Operating income rose to $239.1 million, reflecting a 53.9% increase from $155.4 million in the prior year[139] - Adjusted EBITDA for the three months ended March 31, 2025 was $503,886, up from $387,254 in the same period of 2024, reflecting a significant operational improvement[156] - Comprehensive income attributable to common stock increased by $56.9 million, driven by a $22.9 million increase in net income and a $30.3 million increase related to foreign currency translation adjustments[146] Cash Flow and Investments - Net cash provided by operating activities was $243.2 million, a 2% increase compared to the same period in 2024[128] - The company reported net cash used in investing activities of $520.6 million for the three months ended March 31, 2025, which included $394.3 million related to acquisitions[173] - The company utilized $394.3 million in cash for strategic acquisitions, alongside $118.6 million for stock repurchases and $15.5 million in dividends[128] - Net cash provided by financing activities for the three months ended March 31, 2025 was $52.4 million, primarily due to borrowings under the commercial paper program[178] Segment Performance - The Electric segment saw a revenue increase of $1.03 billion, while the Underground and Infrastructure segment experienced a $168.2 million revenue increase[139] - The Electric segment reported revenues of $4,944,391, a 26.4% increase from $3,911,124 in the prior year, primarily due to approximately $790 million in revenues from acquired businesses[149][150] - The Underground and Infrastructure segment reported revenues of $1,288,943, a 15.0% increase from $1,120,695 in the prior year, attributed to increased demand for industrial solutions[149][152] Backlog and Future Outlook - Remaining performance obligations and backlog were $17.65 billion and $35.25 billion as of March 31, 2025, representing increases of 5.3% and 2.1% respectively from December 31, 2024[129] - The company anticipates continued strong demand for its services, driven by trends in electrification and domestic manufacturing reshoring initiatives[126] - The backlog as of March 31, 2025 was $19,420,259, an increase from $19,771,937 as of December 31, 2024, indicating strong future revenue potential[161] Expenses and Amortization - Selling, general and administrative expenses increased by $91.6 million, primarily due to recent acquisitions and increased compensation expenses[141] - Amortization of intangible assets rose by 41.4% to $109.6 million, driven by recent acquisitions, particularly Cupertino Electric Inc.[142] - Corporate and non-allocated costs increased by $32.1 million due to higher intangible asset amortization expenses associated with recent acquisitions[154] Tax and Financial Ratios - The effective income tax rate for the three months ended March 31, 2025 was 21.1%, up from 14.3% in 2024, primarily due to a lower tax benefit from equity incentive awards[145] - Days sales outstanding (DSO) improved to 63 days as of March 31, 2025, down from 71 days as of March 31, 2024[174] Acquisitions - During the three months ended March 31, 2025, the company completed the acquisition of two businesses for a total cash consideration of $394.3 million[165] - For the year ended December 31, 2024, the company completed the acquisition of eight businesses for a total cash consideration of $1.75 billion[166] Capital Expenditures - The company expects substantial capital expenditures and commitments for equipment purchases to meet anticipated demand for its services[177] - The company plans to continue utilizing cash for financing activities, including debt repayments and stock repurchases[180] - The company maintains a conservative investment policy regarding cash and cash equivalents, with a diverse portfolio of high-quality investments[170]