Quanta Services Stock Target Price and Analyst Consensus

PWR Stock  USD 245.68  0.28  0.11%   
The current analyst and expert consensus on Quanta Services is Strong Buy, with 14 strong buy opinions. The current projected Quanta Services target price consensus is 222.25 with 20 analyst opinions. The most common way Quanta Services analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Quanta Services executives and customers to further validate their buy or sell advice. Quanta Services buy-or-sell recommendation module provides average expert sentiment on the projected Quanta Services target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Quanta Services to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Quanta Stock, please use our How to Invest in Quanta Services guide.
Lowest Forecast
202.25
Highest Forecast
246.7
Target Price
222.25
As of 04/19/2024, Gross Profit is likely to grow to about 2.8 B. Also, Pretax Profit Margin is likely to grow to 0.05. At this time, Quanta Services' Retained Earnings are relatively stable compared to the past year. As of 04/19/2024, Accounts Payable is likely to grow to about 2.1 B, though Accumulated Other Comprehensive Income is likely to grow to (268.8 M).
  
It's important to approach Quanta Services' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Quanta Services price targets

Quanta Services' stock target price is an estimate of its future price, usually made by analysts. Using Quanta Services' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Quanta Services' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Quanta Services' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Quanta Services Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Quanta Services is a key component of Quanta Services valuation and have some predictive power on the future returns of a Quanta Services.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Quanta Services' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
241.63243.52270.25
Details
Intrinsic
Valuation
LowRealHigh
221.11250.59252.48
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.041.321.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Quanta Services. Your research has to be compared to or analyzed against Quanta Services' peers to derive any actionable benefits. When done correctly, Quanta Services' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Quanta Services.

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When determining whether Quanta Services is a strong investment it is important to analyze Quanta Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quanta Services' future performance. For an informed investment choice regarding Quanta Stock, refer to the following important reports:
Check out Macroaxis Advice on Quanta Services to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Quanta Stock, please use our How to Invest in Quanta Services guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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The data published in Quanta Services' official financial statements usually reflect Quanta Services' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Quanta Services. For example, before you start analyzing numbers published by Quanta accountants, it's critical to develop an understanding of what Quanta Services' liquidity, profitability, and earnings quality are in the context of the Construction & Engineering space in which it operates.
Please note, the presentation of Quanta Services' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Quanta Services' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Quanta Services' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quanta Services. Please utilize our Beneish M Score to check the likelihood of Quanta Services' management manipulating its earnings.