Investment analysts at DA Davidson have issued their earnings per share estimates for Quanta Services in the third quarter of 2023. According to the research note, the construction company is expected to post earnings per share of $1.87 for that quarter.
DA Davidson has given Quanta Services a “Neutral” rating and a price target of $190.00. The consensus estimate for the company’s full-year earnings in the current year is $6.42 per share. Furthermore, DA Davidson has also provided estimates for Quanta Services’ earnings in fiscal year 2023 at $6.41 EPS and fiscal year 2024 at $7.78 EPS.
Other research analysts have also weighed in on the stock recently. Credit Suisse Group has given a price objective of $238.00 and an “outperform” rating to Quanta Services, while KeyCorp has lifted their target price to $190.00. Robert W. Baird has set a price objective of $219.00 and also given the stock an “outperform” rating.
Quanta Services, Inc. is publicly traded on the New York Stock Exchange (NYSE:PWR) and opened at $203.44 on Thursday. The company has a market cap of $29.54 billion with a price-to-earnings ratio of 51.90 and a beta of 1.08. The 50-day and 200-day moving averages for the stock are $194.02 and $173.27 respectively.
FAQ:
Q: What are the earnings per share estimates for Quanta Services in the third quarter of 2023?
A: The estimates for the company’s earnings per share in Q3 2023 are $1.87.
Q: What is the consensus estimate for Quanta Services’ full-year earnings in the current year?
A: The consensus estimate for the company’s full-year earnings in the current year is $6.42 per share.
Q: What is the price target for Quanta Services set by DA Davidson?
A: DA Davidson has set a price target of $190.00 for Quanta Services.
Q: What is the price objective given to Quanta Services by Credit Suisse Group?
A: Credit Suisse Group has given a price objective of $238.00 to Quanta Services.
Q: Where is Quanta Services publicly traded?
A: Quanta Services is publicly traded on the New York Stock Exchange (NYSE:PWR).