Quanta Services Inc
PWR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$493.00 | Gdyr | Xwlqnfmny |
Quanta Services Earnings: Renewables Segment Outperforms; Announcement of Transformer Acquisition
We maintain our $138 fair value estimate for no-moat Quanta Services following its third-quarter results. We continue to like Quanta's end-market exposure and solid execution but consider these already reflected in its valuation and see shares as overvalued.