Q2 EPS Estimates for Quanta Services Boosted by Analyst

Quanta Services, Inc. (NYSE:PWR - Free Report) - Investment analysts at Northland Capmk upped their Q2 2025 earnings estimates for shares of Quanta Services in a research note issued on Tuesday, April 8th. Northland Capmk analyst G. Richard now anticipates that the construction company will post earnings of $2.32 per share for the quarter, up from their prior estimate of $2.25. The consensus estimate for Quanta Services' current full-year earnings is $9.34 per share.

Quanta Services (NYSE:PWR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The construction company reported $2.74 EPS for the quarter, topping the consensus estimate of $2.62 by $0.12. The firm had revenue of $6.55 billion for the quarter, compared to the consensus estimate of $6.61 billion. Quanta Services had a return on equity of 18.00% and a net margin of 3.82%.

A number of other brokerages have also issued reports on PWR. BMO Capital Markets raised shares of Quanta Services from a "market perform" rating to an "outperform" rating and cut their price target for the stock from $338.00 to $316.00 in a report on Tuesday, February 25th. Daiwa America upgraded Quanta Services from a "hold" rating to a "strong-buy" rating in a report on Friday. Citigroup dropped their price objective on Quanta Services from $394.00 to $371.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. JPMorgan Chase & Co. boosted their target price on Quanta Services from $297.00 to $323.00 and gave the company a "neutral" rating in a research note on Tuesday, January 28th. Finally, Roth Mkm began coverage on Quanta Services in a research note on Friday, February 21st. They issued a "buy" rating and a $350.00 price target for the company. Six investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Quanta Services presently has an average rating of "Moderate Buy" and an average target price of $319.25.

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Quanta Services Trading Down 0.4 %

Shares of Quanta Services stock traded down $1.22 on Friday, hitting $273.08. The stock had a trading volume of 805,781 shares, compared to its average volume of 1,684,173. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56. Quanta Services has a one year low of $227.08 and a one year high of $365.88. The stock's 50-day simple moving average is $266.73 and its two-hundred day simple moving average is $302.42. The stock has a market cap of $40.47 billion, a price-to-earnings ratio of 45.29, a PEG ratio of 1.41 and a beta of 1.04.

Institutional Investors Weigh In On Quanta Services

Several institutional investors and hedge funds have recently made changes to their positions in PWR. Banque Transatlantique SA purchased a new position in shares of Quanta Services in the fourth quarter worth $25,000. Quarry LP purchased a new position in Quanta Services in the 4th quarter worth about $26,000. Webster Bank N. A. lifted its stake in Quanta Services by 4,050.0% during the 4th quarter. Webster Bank N. A. now owns 83 shares of the construction company's stock valued at $26,000 after acquiring an additional 81 shares during the period. Sierra Ocean LLC purchased a new stake in shares of Quanta Services during the 4th quarter valued at about $27,000. Finally, Sound Income Strategies LLC grew its stake in shares of Quanta Services by 700.0% in the fourth quarter. Sound Income Strategies LLC now owns 104 shares of the construction company's stock worth $33,000 after acquiring an additional 91 shares during the period. Institutional investors own 90.49% of the company's stock.

Quanta Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, April 3rd were paid a $0.10 dividend. The ex-dividend date was Thursday, April 3rd. This represents a $0.40 annualized dividend and a dividend yield of 0.15%. Quanta Services's dividend payout ratio is presently 6.63%.

Quanta Services Company Profile

Quanta Services, Inc provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.