Professional
Added to YB: 2024-03-12
Pitch date: 2023-12-31
PWR [bullish]
Quanta Services, Inc.
+105.75%
current return
Author Info
No bio for this author
Company Info
Quanta Services, Inc. offers infrastructure solutions for the electric and gas utility, renewable energy, communications, pipeline, and energy industries in the United States, Canada, Australia, and internationally.
Market Cap
$65.3B
Pitch Price
$213.12
Price Target
N/A
Dividend
0.10%
EV/EBITDA
17.92
P/E
64.94
EV/Sales
2.60
Sector
Construction and Engineering
Category
growth
Artisan Mid Cap Fund Added on Position - Quanta Services, Inc.
PWR: Shift from oil to renewables; US energy grid & electrification investments + climate stress → more maintenance spend. Benefits from Inflation Reduction & Bipartisan Infrastructure Acts. Sold off on rate hike fears, but key customers solid; bought on dip due to long-term growth.
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