According to the 15-minute chart for Quanta Services, a significant bullish indicator has been triggered. The KDJ Golden Cross and Bullish Marubozu at 09/02/2025 14:00 signal a shift in momentum towards an upward trend, indicating a potential further increase in stock price. As buyers maintain control of the market, bullish momentum is likely to continue.
Quanta Services, Inc. (PWR) has recently exhibited a significant bullish indicator on its 15-minute chart, signaling a potential upward trend in its stock price. The KDJ Golden Cross and Bullish Marubozu patterns observed on September 2, 2025, at 14:00, suggest a shift in momentum towards an upward trajectory [1].
The KDJ Golden Cross, a technical indicator, occurs when the K line crosses above the D line on the Relative Strength Index (RSI) chart, indicating a potential shift in the stock's momentum. The Bullish Marubozu pattern, characterized by a single candlestick with no upper or lower wicks, suggests a strong buying pressure and a potential continuation of the upward trend.
These indicators are supported by Quanta Services' strong financial performance. The company reported a 21% Q2 revenue growth, reaching $6.77 billion, and an adjusted EBITDA of $668.8 million [2]. The company's disciplined capital allocation and strategic acquisitions, such as the $1.35 billion acquisition of Dynamic Systems, Inc. (DSI), have expanded its capabilities in semiconductors, healthcare, and data centers, aligning with the $1.2 trillion clean energy and 5G trends [2].
Quanta Services' dividend declaration of $0.10 per share, with an annualized payout of $0.40, further underscores its commitment to shareholder returns. The company's 5.92% dividend payout ratio and 32.7x dividend cover indicate a sustainable income stream, while its $35.8 billion backlog supports long-term growth [2].
Institutional investors have also shown confidence in Quanta Services' growth prospects. Millennium Management, for instance, lifted its stake by 173.5% in the last quarter, indicating strong belief in the company's growth potential [1].
Quanta Services' strong financial discipline, strategic growth initiatives, and bullish technical indicators position it as a compelling long-term investment. While the company's debt-to-equity ratio has climbed to 57.4% in 2025, its robust cash flow and conservative payout ratio suggest a sustainable dividend policy [2].
References:
[1] https://www.marketbeat.com/instant-alerts/quantasing-group-limited-unsponsored-adr-nasdaqqsg-short-interest-up-322-in-july-2025-08-20/
[2] https://www.ainvest.com/news/quanta-services-dividend-declaration-strategic-signal-energy-transition-growth-2508/
Comments
No comments yet